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<p>[QUOTE="tradernick, post: 5908, member: 648"]Gold bullion coins trade about the same level as the gold bars but they have a somewhat wider acceptance, in my experience. Yes you can get credit suisse bars in 1 oz size but they don't cost any more than a Krugerrand, Maple leaf, etc...and all the gold value is the same. Some gold bullion coins carry a slightly higher premium than others. Eagles retail for about $5 more than Pandas, for example. </p><p>If you prefer pure gold there are several coins to choose from. The Canadian Maple, Austrian Philharmonic, Chinese Panda, Australian Kangaroo are all 24k. The Krugerrand and Eagle are 22k but still contain a full oz of gold, plus the 10% alloy. The only people that I've seen that shun 22k coins consistently are jewelers...they like the 24k coins because they melt them and use them in casting. </p><p>Buying gold can be a fun and rewarding experience. There's nothing else that gives us that warm fuzzy feeling like gold does. Just be sure to shop around and know a little about it before you buy. Buy from someone you're comfortable with, who can speak intelligently about the market. Post here if you have any questions, we are always eager to help.</p><p><br /></p><p>Nick[/QUOTE]</p><p><br /></p>
[QUOTE="tradernick, post: 5908, member: 648"]Gold bullion coins trade about the same level as the gold bars but they have a somewhat wider acceptance, in my experience. Yes you can get credit suisse bars in 1 oz size but they don't cost any more than a Krugerrand, Maple leaf, etc...and all the gold value is the same. Some gold bullion coins carry a slightly higher premium than others. Eagles retail for about $5 more than Pandas, for example. If you prefer pure gold there are several coins to choose from. The Canadian Maple, Austrian Philharmonic, Chinese Panda, Australian Kangaroo are all 24k. The Krugerrand and Eagle are 22k but still contain a full oz of gold, plus the 10% alloy. The only people that I've seen that shun 22k coins consistently are jewelers...they like the 24k coins because they melt them and use them in casting. Buying gold can be a fun and rewarding experience. There's nothing else that gives us that warm fuzzy feeling like gold does. Just be sure to shop around and know a little about it before you buy. Buy from someone you're comfortable with, who can speak intelligently about the market. Post here if you have any questions, we are always eager to help. Nick[/QUOTE]
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