What is your favorite for investment 1 OZ Gold Coin

if you have to brag about a single ounce purchase, chances are you aren't rich

 

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Some have foam, some don’t …LOL

 

Hey Now at least he can buy it an ounce at a time.
I'd like to be in that position these days, I've got too many irons in the fire to be that focused.
I still like to see people's new arrivals.
I picked up some gutter metal that mpcusa and others would appreciate.

 

OK, 1 point for frydaddy on that one...but who's keeping score?

 

There's an interesting hitch with the Eagle, Krugerrand, and Sovereign in a number of countries – they're subject to consumption tax, typically implemented as a VAT or GST.

They're taxed because they're not pure gold. In countries like Singapore, Australia, New Zealand, and some European countries, they exempt precious metals bullion from their consumption taxes, but only if they meet certain purity thresholds. It's typically 999 or 99 for both gold and silver.

It's not good law, but that's what they've done nonetheless. Governments shouldn't be dictating arbitrary purity preferences, especially preferences that disqualify some of the most popular bullion coins in the world (the Eagle and Sovereign – the Krugerrand is not popular anymore). They really ought to be neutral with respect to purity or any other characteristic. I would just exempt the melt value + some margin for premiums (say 7% for gold, more for silver), no matter the form or purity. It wouldn't even have to be bullion – any and all precious metals would be exempt from sales taxes and VATs, up to the melt value + margin, so that only the added decorative or numismatic value would be taxed. Clean and neutral.

As far as Krugerrands, saying they're the most popular since 1967 is silly and deceptive. It's like saying the Ford Mustang is the most popular sports coupe since 1967, as though we're supposed to care about that in any way in 2021. You might as well say that Spanish Pieces of Eight are the most popular silver coin since 1750, as though this should say anything about present-tense popularity. What's popular now is inherently about now.

 

Not popular anymore, that’s to funny !
everybody I know that invests in physical
gold have Krugerrand's in there portfolio
so think that’s a bunch of jargon at best !

 

I don't have any krugerrands. only non 999 coins I own are AGE or saints

 

Well everybody has there favorite, so now going to knock on anyone who
collects or invests in something different,

 

.999 gold is "something different"?

 

The SA Mint doesn't even publish mintages for Krugerrands anymore, and they're super sketch. That country is pretty much a write-off at this point.

Krugerrands won't be interesting to many new investors and stackers until South Africa becomes more interesting as a country, or there's a game-changing redesign. The Krugerrand is ugly in part because they don't have any silver in their Crown gold alloy recipe. It's just gold and copper. The Eagle looks so much prettier because it has 3% silver displacing some of the copper, giving it a much nicer hue. Plus, the Krug has that weird Amish dude on one side. You can't beat eagles and Lady Liberty, or ladies in general, with weird Amish dudes.

 

Your opinion counts, just not sure how
much, not sure where you get your
info from but I have a complete catalog
on Krugerrand's including mintages all
the way back to 67, just because your
a hatter doesn’t mean everybody else
is and if I want Silver in my coin, I will
buy an ASE, who cares if there’s silver
in a gold coin, I could care less.

 

You keep making evasive statements that aren't logically relevant. I said they don't report mintages anymore. You said you have records going back to 1967. Your statement doesn't have anything to do with mine. They haven't reported figures since 2010, and their figures after 1995 are in doubt: https://www.samint.co.za/collectable-coins/product-mintages/

 

So what's your point ? like anything else, if there is no data to support a certain year
you go off the fly and see what the availability is by what's out there, hard to find
lower mintage, very easy to determine, I invest in Krugerrands as a way to celebrate
life events births, anniversaries , graduations ETC, since the year is so prevalent on
the coin I think that's extra special

To each is own !

 

"super sketch" LMAO. I still Like Maple leafs. Everyone has their favorites.