Isle of Man - 1/25 gold - Cat coins

Got the new issue of "CoinAGE" in the mail and was reading an article called "Buying Gold on a Budget." It listed some 1/25 gold coins and one series in particular that caught my interest was the Isle of Man Cat series. I looked them up on Ebay, but most seem to carry a big premium (compared to their gold content). Anyone know where I can get them at cheaper prices? I don't expect spot prices, but perhaps spot + 10-15% wouldn't be too bad.

Anyone here have any of these coins? If so, what are your opinions of them?

 

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I am working on a collection of the 1 oz. silver cat coins which also carry a high premium. I really like the way they look. You might check APMEX to compare price,but I don't think you will find anyone selling them cheap. The smaller the coin, the bigger the premium.

 

Premium...A high one

 

I saw a few of these the other day on Ebay and GC.... the premiums for graded coins are up to 200% for 1/2 gram or about 1/50th of an ounce.

 

All small sized pm has hefty premiums. Think about it, it costs the same to make a die, check purity, strike a coin, if the coin is 1/20th an ounce or one ounce. Therefore, per ounce, larger coins will always have lower premiums.

Simple economics. Want to be more efficient per ounce? Buy larger sized coins.

 

Just buy 1/10th ounce US gold bullion. It's expensive but affordable or buy low priced gold coins.

 

Yeah, you really dont get anywhere, especially with the purposes of investing
Fractional gold is always a tough sale, the premiums are just to high !

 

Just got to be at the right place at the right time. If they come into my LCS, I can usually buy them for melt or a few dollars over.

 

This is a perfect example of why it's so important to befriend your local coin dealer.

 

It would only be for a coin that I like as aesthetically not as a bullion investment.

 

Your LCS sells 1/4 and 1/10th oz gold coins for just above spot prices ???

Only 1/2 oz in the past was for anything close to 10% or less of a premium. 1 oz. was 3-4% premium. But you paid through the nose for 1/4 and 1/10th oz.

 

okay thanks for another lesson..I have been buying 1/10 gold for 148.00 per coin so it would be better off to save up and buy full ounce of gold instead of 1/10 at a time.. ok ty much figuring here 1480.00 and gold is at 1478.00 so what did I do wrong here please. NATIONWIDE BULLION

 

If you got 1/10th oz at basically 1/10th the price of gold, you did great. Same coin probably cost me $200 or so.

 

Nice spammy post. Reported!!!

 

I think they offer those prices just to get your name on their mailing list. But hey, if it works.....

 

They do. So prepare yourself for mailings to your address that reveal you're a bullion buyer. Prepare yourself for phone calls to sell you overpriced junk. Prepare yourself for other companies getting your information from the dealer you bought the at spot fractional gold from. And in my opinion, anyone who sells their personal information to get a few pieces of gold at spot is a fool.

Your high school therapist would tell you, slackaction. "You need to love yourself." "You have value" "You need to value yourself for your actual worth." Your good name and your privacy is worth more than a few 1/10th oz gold pieces at spot.

 

so your judging me now...…. okay.... I did get mail and I did receive a phone call with every purchase.. as far as High School we had counselors not therapist and we drank from garden hoses Oh My...

 

In short your calling me a FOOL in a CT way that makes it okay within the rules CORRECT? don't wanna get you in the privy..

 

ole hick he did tell...

 

Yes, I agree. I bought 1 gram bars at melt before. If you are known to your dealer, he will throw things like this your way just to move product and free up dollars. Cannot rely on it, but it happens.