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<p>[QUOTE="panamagold, post: 703515, member: 20839"]Thanks for the feedback, I have a few follow on questions related to your response, I'd appreciate your input.</p><p><br /></p><p>Regarding the coins, why is it that "purity matters"? If a coin like a GAE is 22k vs a Maple which is 24k contain the same amount of gold, why does purity draw a premium? I'd think in some way less pure would be better if the coin was circulated, since less gold would be lost to daily use.</p><p><br /></p><p>When you say wider spread do you mean variability in price power/demand for the coin? That brings me to another question, I'm surprised that there are some pretty old coins available, such as gold francs from the 1800's, that have a small "collectable" premium tied to them, I was wondering why this was the case. Is there future potential in these coins or is this just a gold oddity?</p><p><br /></p><p>I do plan on buying some paper, ETF, but would also like some of the physical stuff. Is there an ETF you prefer? I'm looking at SGOL ATM.</p><p>Thanks again for the education.</p><p><br /></p><p>Regards,[/QUOTE]</p><p><br /></p>
[QUOTE="panamagold, post: 703515, member: 20839"]Thanks for the feedback, I have a few follow on questions related to your response, I'd appreciate your input. Regarding the coins, why is it that "purity matters"? If a coin like a GAE is 22k vs a Maple which is 24k contain the same amount of gold, why does purity draw a premium? I'd think in some way less pure would be better if the coin was circulated, since less gold would be lost to daily use. When you say wider spread do you mean variability in price power/demand for the coin? That brings me to another question, I'm surprised that there are some pretty old coins available, such as gold francs from the 1800's, that have a small "collectable" premium tied to them, I was wondering why this was the case. Is there future potential in these coins or is this just a gold oddity? I do plan on buying some paper, ETF, but would also like some of the physical stuff. Is there an ETF you prefer? I'm looking at SGOL ATM. Thanks again for the education. Regards,[/QUOTE]
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