Here's the problem with 1/10 oz gold

Discussion in 'Bullion Investing' started by Jason.A, Jun 27, 2017.

  1. Jason.A

    Jason.A Active Member

    $135 is nowhere near spot?!?!?!?!?!?!
     
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  3. Blissskr

    Blissskr Well-Known Member



    Ironic because you based your advice in this thread on a faulty logical comparison by comparing offerings which are not 'apples to apples' yourself.
     
  4. Jason.A

    Jason.A Active Member

    Huh? I think you missed something. The underlying point of this whole thread is that paying premiums is bad. And higher premiums are worse.

    The comparison I made was between different 1/10th pieces a person could buy.
    Those are apples to apples. If you must buy fractional pieces, the US and Canadian mints offer the best 1/10 pieces because premiums are lowest.

    However, the larger point is that it is unwise to pay a high premium for fractional pieces when you can buy a full ounce for a much lower total premium for the same amount of total gold.
     
  5. Blissskr

    Blissskr Well-Known Member

    Lol I already ruined your comparison by showing what happens when you compare 2017 AGE's, Maples and Brittania's versus each other which is 'apples to apples' comparing 2017 Brittanias to 'choice of date AGE and Maple's' is not apples to apples.
     
  6. Jason.A

    Jason.A Active Member

    Good Lord! Teach this man how to properly use apostrophes!

    You didn't "ruin" anything. I posted the thread to provide a simple comparison to save money on buying gold. If you buy random date Maples or Eagles the premiums are lower. It is wiser buying those than buying a new issued "pretty" coin like the Britannia. Eagles and Maples also carry lower premiums and higher relative buy backs than their less common counterparts, like Britannias.

    But even better would be to buy a full ounce gold, which would be a significantly better deal and lower risk than buying ten 1/10oz pieces.

    Anyway, this is my last reply to you because at this point it seems you are either an idiot, a troll, or a huckster with a vested interest in high premium products.



     
  7. Blissskr

    Blissskr Well-Known Member

    Your comparison didn't make any sense you were comparing apples to oranges. The premiums aren't really any lower when you compare apples to apples 2017 1/10 oz to 2017 1/10 oz. OP's point about the fractionals and full oz coin made more sense than your original point yet you called him out for using a 'faulty comparison'. :troll:
     
    mpcusa likes this.
  8. sakata

    sakata Devil's Advocate Supporter

    Jason, it doesn't matter what premium you pay as once you bury them in the ground you are never likely to sell them anyway.
     
    Jason.A likes this.
  9. Jason.A

    Jason.A Active Member

    See, now I like you because you have a sense of humor, even when we disagree.
     
  10. mpcusa

    mpcusa "You break it you buy it" Supporter


    Watch out !! look who,s coming, it,s the (GRAMMER POLICE !!)
     
  11. tmnt

    tmnt New Member

    1/10 oz AGEs have a lot of upside. They are easier to sell. More people can afford $130 vs $1300. They also maintain some of their premium so I think its a wash. I like fractionals. Maybe because its what I can afford.
     
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  12. mpcusa

    mpcusa "You break it you buy it" Supporter

    I could not agree more, we all know that we will pay a few dollars more
    But the advantages to buying expensive 1 OZ coins, is more variety and
    Flexibility, and the original OP is missing that, plus the fact that this is
    A long term deal you will most likely be looking at the upside :)
     
  13. SilverSurfer415

    SilverSurfer415 Well-Known Member

    Fav size is 1/4 oz.

    Don't want to stay on topic.
     
    tmnt likes this.
  14. mpcusa

    mpcusa "You break it you buy it" Supporter

    The 1/4 OZ size is a good choice but i like the 1/10 once for the simple
    Reason you can have more variety at a lesser price point.
     
  15. Jason.A

    Jason.A Active Member

    Slumdog millionaire.
     
  16. Johndoe2000$

    Johndoe2000$ RE-MEMBER

    Here's a fractional gold that anyone can afford.
    $_35.jpg
    (.333333etc... gram) :bookworm:


    There is appeal to variety while stacking, but you need to remember that premium upon selling is important also, not just premiums upon buying. I, as a collector/investor, like the variety both in design, and weight. I do however realize that I may sacrifice some potential profit by doing this. Stack wisely my friends.
     
  17. tmnt

    tmnt New Member

    I like them too. They are the top of my price point though so I usually stick with 1/10ths.
     
  18. mpcusa

    mpcusa "You break it you buy it" Supporter

    Just when i think you have something constructive to offer the thread
    you open your mouth again :(
     
  19. SilverTracker

    SilverTracker Active Member

    Why has not anyone mentioned fractional gold bars? Especially the 2.5, 5 and 10 gram varieties.
     
  20. Johndoe2000$

    Johndoe2000$ RE-MEMBER

    Look up.:rolleyes:
     
  21. SilverTracker

    SilverTracker Active Member

    1/3 gram is a waste of gold IMO. I save up to buy the 2.5 and 5 gram bars.
     
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