Gold bullion coins around the world!

Discussion in 'Bullion Investing' started by vest007, Jul 31, 2013.

  1. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Sure, but at least we have INTRINSIC value with gold coins -- bullion or melt value. So a repeat of the Baseball Bubble is a non-starter.

    The reason I mentioned demand is that most/many gold coins are interchangeable from the buyer's POV. Sure, sometimes a Libertad or Maple Leaf or Chinese Panda is a nice change of pace. But an ounce of modern gold is an ounce of gold. So while supply here is important, so is demand.

    What would be interesting would be to see who are the buyers for each of the national Mint's gold coins. I am sure most have their marketing departments knowing who buys their coins, domestic or foreign buyers.
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  3. AVS123

    AVS123 New Member

    Agree with what you are saying. It would be interesting to see who the main buyers of government minted coins.

    As far as Mexico goes, I believe the Libertads are purchased by distributors in the USA and that is how they get here. I don't think you can get them direct from Mexico's Bank. Of course if you could, you may have to speak espanol!
    GoldFinger1969 likes this.
  4. Bucephalus

    Bucephalus Active Member

    Bought 2 double eagles so far. Next year I'm getting eagles, then half eagles and so on. Don't know about the 1$ gold coins yet, but may add them.

    CoinZone likes this.
  5. GoldFinger1969

    GoldFinger1969 Well-Known Member

    You need to have the anti-shake on.....brace your arms/elbows on the table to keep the camera steady. Is that a smartphone pic or a camera pic ? It's VERY blury.....retake under maximum pixel resolution with/out flash.

    They look like nice coins but it's tough to see !
    Bucephalus likes this.
  6. Bucephalus

    Bucephalus Active Member

    Taken with a Finepix AX655, Cropped and resized. But I have been getting blurry results. Batteries are now dead and will get some in the morning as the roads are not the best right now. Barely snowed all winter, now it's spring and we've had two snow storms in 2 days. New England weather...
    GoldFinger1969 likes this.
  7. Brett_in_Sacto

    Brett_in_Sacto Well-Known Member

    At the LCS I frequent, while gold was still down, they'd always have cleaned/worn and otherwise ungradeable US gold for a bit over melt - and I'd always pick them up. Lately they don't, but I always ask if they have any gold coins that they'd sell for around melt.

    This time he felt a bit guilty that the ones he usually had marked for melt were now priced as "coins" and not bullion. So he let me have this. I'm sure he paid 80% or 90% and made a quick buck. It was on his desk, so it probably came in the same day.

    I picked up what is called a Saudi Arabian Gold Trade Guinea yesterday. It's 7.9g and 22mm in diameter. I am seeing two stories. One that they were only made in 1950 and the other saying they were issued from 1950-1957. Either way, they are a "melt value" for now - although I am starting to see a few getting graded. They are a middle eastern trade coin.

    I'll post my Iranian that I picked up at auction as soon as the acetone wears out the glue that has it in the bezel... (cringe!)

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  8. Brett_in_Sacto

    Brett_in_Sacto Well-Known Member

    This is an Iranian Gold Pahlavi. It's 22mm and 8.3 grams. The date is 1339 but that is a "Solar Hijiri" date and without getting too complicated, that translates into 1960AD. I think I'm correct on the date translation - if not, can someone speak up? Thanks!

    These were made in various denominations from 1925 until 1979.

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    spirityoda likes this.
  9. stewart dandis

    stewart dandis Well-Known Member

  10. Small Size

    Small Size Active Member

    The date on the Saudi coin is 1370 AH. That's 1950-1 AD. Struck in Mecca, it provided pilgrims with a way to convert their many local currencies into one universally accepted in the city.
    An odd echo of Jesus and the money changers.
    midas1 and Brett_in_Sacto like this.
  11. Ethan

    Ethan Collector of Kennedy's

  12. Profit man

    Profit man Active Member

  13. Danjohnson

    Danjohnson Well-Known Member

    I'm excited for the SLQ designed 1/4 ounce. I over paid on the mercury design but think I'm ready to buy at a better price point on this release (thanks to you all)... I hope. (lol)
    GoldFinger1969 likes this.
  14. Tuhin

    Tuhin New Member

    Hello. I am new at this forum. I would really appreciate if someone could answer these question. Some questions may sounds really silly, but i am totally new in this gold investing thing and that is why I am asking. Thank you.

    1. What is denomination ($1, $5, $100) in Gold Coin? What's the significance of this?

    2. What is Sovereign Gold Coin, for example “Sovereign Coin of Australia”?

    3. What is the weight of a 1 oz Gold Coin in gram when it is melted? 1 oz gold coin remains same weight of 1 oz even it is melted?

    4. When a 1 oz Gold Coin is melted when how and how much it is valued?

    5. Can ornaments be made for women melting The Gold Coin?
  15. midas1

    midas1 Exalted Member

    Google is your friend. Every question you've asked can be answered using

    Brett_in_Sacto and krispy like this.
  16. COCollector

    COCollector Well-Known Member

    The Griffin - 2nd in the Queen's Beasts series.

    Apmex and JMBullion have 'em on pre-sale.
    spirityoda, rooman9 and stoster38 like this.
  17. Nathan401

    Nathan401 Quis custodiet ipsos custodes?

  18. FryDaddyJr

    FryDaddyJr Junior Member

    who buys new kruggerands any more?
    Nathan401 likes this.
  19. stoster38

    stoster38 Member

    If I could afford to I probably would lol

    Sent from my iPhone using Tapatalk
    midas1 likes this.
  20. FryDaddyJr

    FryDaddyJr Junior Member

    I'd rather have a purer gold coin and without the south african baggage.
    Johndoe2000$ likes this.
  21. Nathan401

    Nathan401 Quis custodiet ipsos custodes?

    I do.
    Alegandron likes this.
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