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<p>[QUOTE="BioEtOH, post: 1335723, member: 34475"]You are right in almost every sense when it comes to gold coins, such as AGE or Maples or Panda. But I recently noticed that Suisse/PAMP/Perth bars in 5 or 10 gram bars has relatively small premiums in comparison to fractional gold coins and the premium for these bars are pretty reasonable. When I checked the resale value between the fractional coins and the bars, it seems that I would have lost too much premium on the coins whereas not so much on the bars. So, I decided to buy a 10gram Perth with the lowest premium ($24 over spot) yesterday. I am not sure if I made the right move, but I guess time will tell. </p><p>Another thing that made me hesitant of saving every 3 to 4 months to buy 1 oz gold coin is that I would never know whether the price is gonna be up, leveled, or down. That's why I decided to buy what I can afford monthly as long as I am happy with the price and the premium. </p><p>Of course, I would love to have the 1 oz gold coin ... but I don't earn a fortune and have some college loan that need to be repaid first before doing any investment ... having said that, hope I will have one of those in near future! </p><p>I guess my main reason for buying gold is not really for investment - but more for preservation.[/QUOTE]</p><p><br /></p>
[QUOTE="BioEtOH, post: 1335723, member: 34475"]You are right in almost every sense when it comes to gold coins, such as AGE or Maples or Panda. But I recently noticed that Suisse/PAMP/Perth bars in 5 or 10 gram bars has relatively small premiums in comparison to fractional gold coins and the premium for these bars are pretty reasonable. When I checked the resale value between the fractional coins and the bars, it seems that I would have lost too much premium on the coins whereas not so much on the bars. So, I decided to buy a 10gram Perth with the lowest premium ($24 over spot) yesterday. I am not sure if I made the right move, but I guess time will tell. Another thing that made me hesitant of saving every 3 to 4 months to buy 1 oz gold coin is that I would never know whether the price is gonna be up, leveled, or down. That's why I decided to buy what I can afford monthly as long as I am happy with the price and the premium. Of course, I would love to have the 1 oz gold coin ... but I don't earn a fortune and have some college loan that need to be repaid first before doing any investment ... having said that, hope I will have one of those in near future! I guess my main reason for buying gold is not really for investment - but more for preservation.[/QUOTE]
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