What is your favorite foreign government mint bullion?

Discussion in 'Bullion Investing' started by Gam3rBlake, Oct 19, 2021.

  1. Gam3rBlake

    Gam3rBlake Well-Known Member

    As a proud American I will always consider ASEs, AGEs and Gold Buffalos to be the very best bullion coins.

    But I have to say I have been very impressed with the quality of Australian Perth Mint bullion.

    One thing I love about the Perth Mint bullion (Kangaroos, Kookaburras, Emus etc.,) is that the Perth Mint always seems to put a little bit more extra silver in their bullion than all the other countries I’ve tested including the US.

    The average weight per coin after testing my 2x tubes of 2020 American Silver Eagles was 31.28 grams.

    The average weight of my Perth Mint silver bullion coins was 31.41 grams.

    I wasn’t surprised that China was the country that put the least amount of extra silver in their bullion coins. I weighed the older 1 oz bullion coins China minted prior to switching to 30 grams and many of them didn’t even contain 1 full troy oz let alone have extra.

    True the extra Australia put in is not much extra and most people would absolutey not notice without a scale but I do respect the fact that the Perth Mint is extremely generous with the metal content of their bullion.

    What about you guys? Not counting your home country which foreign government bullion do you like the best?

    :)
     
    Last edited: Oct 19, 2021
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  3. JayAg47

    JayAg47 Well-Known Member

    Perth Mint FTW!
    1. They produce the best bullion out there with lots of variety.
    2. It's my home city!
    But as foreign bullions go, I'd say USA, it's due to the mint sticking to the standard regarding the designs and the fact that it's from the USA makes it reliable and 'universally recognizable'.
     
  4. manny9655

    manny9655 Well-Known Member

    Since I have been an electronics tech for over 40 years, I like Serbia's Nikola Tesla bullion coins, and since I am also a musician, Austria's Vienna Philharmonic series appeals to me also.
     
  5. baseball21

    baseball21 Well-Known Member

    Actual bullion i'd say none, but GB/Italy/Mexico have some beautiful numismatic coins
     
    GoldFinger1969, midas1 and Gam3rBlake like this.
  6. Gam3rBlake

    Gam3rBlake Well-Known Member

    They do have a lot of great products but I think maybe a bit too much variety xD.

    It’s almost impossible for me to keep up with everything they release from the Kangaroos to the Tigers to the Emus to the Kookaburras to the Platypuses and so many more.

    I think they should slow down a bit so collectors don’t have to spend their entire paycheck to keep up with it all.
     
  7. losthomer

    losthomer Active Member

    The cheapest by weight.
     
    Kentucky, fretboard and Evan Saltis like this.
  8. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Kruger’s forever !!
     
    KeyHunter likes this.
  9. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  10. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  11. ddddd

    ddddd Member

    I like the Perth Mint (although I was disappointed when a few of the items got milk spots-still Perth bullion is more resistant compared to Canada).

    Another underrated mint is Kazakhstan. They have a silver and gold bullion Irbis in several sizes (premiums are high and these are a challenge to find though in the US).



    https://en.numista.com/catalogue/pieces16777.html
     
    Last edited: Oct 19, 2021
  12. Antonius Britannia

    Antonius Britannia Well-Known Member

  13. cplradar

    cplradar Talmud Chuchum

  14. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I will pass on high premiums, most of
    the premiums here in the US have
    come way down, also coming from a
    place like that the wait time would be
    long.
     
  15. Gam3rBlake

    Gam3rBlake Well-Known Member

    Actually on most bullion sites like APMEX & JM Bullion you can get an Australian Gold Kangaroo cheaper than an American Gold Eagle and much cheaper than a Gold Buffalo even though all 3 contain 1 troy oz of gold.
     
    midas1 likes this.
  16. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"


    Most prices are based on the popularity
    that maybe true but like I have always
    said lower premium on the buying end
    will always bring a lower if any premium
    on the selling end, you pay one way or
    another.
     
  17. Gam3rBlake

    Gam3rBlake Well-Known Member

    Thats true but you have to figure out how much the extra premium will bring you at selling time before you buy.

    For example I know my local dealer pays $55 over spot for 1 oz Gold Eagles if they are still in BU condition without any obvious scratches or blemishes and he pays spot + 2% for all other foreign government bullion coins (like gold Kangaroos and gold Maple Leafs) and he only pays spot and nothing more for bars and rounds made by private refineries and private mints.

    So I know that when I buy bullion and do the math to see which one would resell for the most to him based on the premiums being charged.
     
    Two Dogs likes this.
  18. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Since bullion prices change all the time
    as well as premiums it would be hard
    to dictate them, maybe in the short term
    but for the long term investor your trying
    to store and build wealth. all my Kruger’s
    will be left to my kids and the years they
    we’re born, as well as graduations etc
    will be about $30,000 per kid in GOLD
    alone based on there life goals.
     
  19. Gam3rBlake

    Gam3rBlake Well-Known Member

    I don’t plan on having kids so I think of my stash as a sort of emergency/retirement fund and I feel it helps me think before spending money because there is that added task of selling the bullion. Cash is so much easier to spend impulsively. Well for me anyway. Maybe not everyone.

    It’s come in handy too!

    My dog had a seizure and I took her to the vet where she got blood tests, EEGs and a 5 day vet stay..

    What did I get? A $4,000 bill. I couldn’t afford to just pay all that in cash on a moment’s notice so instead I sold 4 tubes of ASEs and a 1 troy oz Gold Eagle.

    Problem solved! It would’ve broke my heart if I hadn’t been able to take care of her.
     
    Last edited: Oct 20, 2021
    Jim Dale and mpcusa like this.
  20. ddddd

    ddddd Member

    Some items I've bought from Kazakhstan took 2-4 weeks to arrive. That's not too bad given that I've had first class mail in the US take around 2 weeks.

    The premiums are high since not many are available in the US. My post was about a mint I liked though, not the mint with the lowest premium (that would be a different answer).
     
    Evan Saltis likes this.
  21. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Yeah, that’s not to long, thought it would
    take much longer, looked around a bit
    some pretty cool coins :)
     
    ddddd likes this.
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