Discussion in 'Bullion Investing' started by FryDaddyJr, Jun 13, 2019.
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I would go for coins - Maple Leafs or Buffaloes.
And i would have to ask the question why? i dont here much talk
About them or see anybody buying these, staying with Gold coins
Such as these is the hot ticket
But if your going to invest in these buy them when they first come out as
There closer to spot the dragon and the lion especially are over $2,000 right
Now, talk about inflation.
Really to exciting though only the year changes..LOL.
There is no difference in value between a Krugger and lets say a buffalo
Which is 24K, being 22K only means there are other metals present.
24K is more of a presentation piece and very delicate, where the Krugger
And Eagle are more durable and used for commerce.
Pamp does have same extremely nice plastic protective packaging for their larger bars though which allows easy bar removal. So that’s what I get.
Tests I do include:
- basic weight
- strong magnets and a very sensitive scale to measure the diamagnetic effect.. which gold has and tungsten has the opposite
- specific gravity
- ultrasonic thickness measurement
The 2nd test is useful for gold to eliminate the possibility of tungsten presence. Not so useful for platinum. Fortunately for platinum, it is so dense, the weight & specific gravity tests are practically enough to prove it’s Pt. Anything more dense than Pt usually costs MORE than Pt. At great expense someone could try to counterfeit a Pt bar with something denser like iridium or osmium and alloy w/ cheap tungsten, but that alloy might cost more than pure Pt and even then could be defeated with the ultrasonic test.
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