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Pamp/ Credit Suisse Gold Bars vs. Cold Bullion Coins?? - grams vs oz??
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<p>[QUOTE="InfleXion, post: 1091193, member: 29012"]I think this forum has gotten off topic. I was hopeful when I first found it that it would address the fundamental advantages (if any) of dealing with oz vs grams. Obviously a 1 gram bar is so tiny you are going to pay a lot more per weight than a larger bar, and obviously .9999 purity is .9999 purity no matter how you slice it. </p><p><br /></p><p>Based on <a href="https://store.nwtmint.com/index.php?mod=advanced_search&searchtype=preset&preset=aubullion&page=ALL" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://store.nwtmint.com/index.php?mod=advanced_search&searchtype=preset&preset=aubullion&page=ALL" rel="nofollow">https://store.nwtmint.com/index.php?mod=advanced_search&searchtype=preset&preset=aubullion&page=ALL</a> </p><p>Currently, the most cost effective 1/4 oz coin is the Chinese Gold Panda at $379.97 per. </p><p>The 5 gram Swiss PAMP at $245.27 is going for the same exact ratio as the 10 gram at $490.24, so that immediately peaked my interest. </p><p><br /></p><p>I did the price comparison, and the 5 gram PAMP is the exact same price per weight as the 1/4 oz Panda, assuming that 12 Troy oz = 373 gram, despite the fact that it is considerably smaller (same bang for your buck in a smaller investment). </p><p><br /></p><p>Obviously, the benefit of going larger is the better price per weight, so these 5 gram bars look like a steal. My concern is that the exchange rates deal in oz, so having grams requires that you are dealing with someone who knows how to convert it appropriately. In a worse case scenario, you might be bartering with a simpleton. I'm not concerned with collectibility, just the raw value of the base metal.</p><p><br /></p><p>I'm trying to decide if it's worth going with the 1/4 oz Panda to get the same improved price per weight based on the possibility that it might be easier to resell. I mean, melted gold is melted gold at the end of the day, so I figure why not go with the PAMPs since then you can get more pieces to deal with, but I want to weigh all the pros and cons before pulling the trigger. Any additional insight would be appreciated. </p><p><br /></p><p>[math used for conclusions] </p><p>5 grams * 12 / 373 = 0.1608 oz @ $245.27</p><p>1/4 oz = 0.25 oz @ $379.97 </p><p><br /></p><p>.25 / .1608 = 1.55</p><p>379.97 / 245.27 = 1.55[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1091193, member: 29012"]I think this forum has gotten off topic. I was hopeful when I first found it that it would address the fundamental advantages (if any) of dealing with oz vs grams. Obviously a 1 gram bar is so tiny you are going to pay a lot more per weight than a larger bar, and obviously .9999 purity is .9999 purity no matter how you slice it. Based on [URL]https://store.nwtmint.com/index.php?mod=advanced_search&searchtype=preset&preset=aubullion&page=ALL[/URL] Currently, the most cost effective 1/4 oz coin is the Chinese Gold Panda at $379.97 per. The 5 gram Swiss PAMP at $245.27 is going for the same exact ratio as the 10 gram at $490.24, so that immediately peaked my interest. I did the price comparison, and the 5 gram PAMP is the exact same price per weight as the 1/4 oz Panda, assuming that 12 Troy oz = 373 gram, despite the fact that it is considerably smaller (same bang for your buck in a smaller investment). Obviously, the benefit of going larger is the better price per weight, so these 5 gram bars look like a steal. My concern is that the exchange rates deal in oz, so having grams requires that you are dealing with someone who knows how to convert it appropriately. In a worse case scenario, you might be bartering with a simpleton. I'm not concerned with collectibility, just the raw value of the base metal. I'm trying to decide if it's worth going with the 1/4 oz Panda to get the same improved price per weight based on the possibility that it might be easier to resell. I mean, melted gold is melted gold at the end of the day, so I figure why not go with the PAMPs since then you can get more pieces to deal with, but I want to weigh all the pros and cons before pulling the trigger. Any additional insight would be appreciated. [math used for conclusions] 5 grams * 12 / 373 = 0.1608 oz @ $245.27 1/4 oz = 0.25 oz @ $379.97 .25 / .1608 = 1.55 379.97 / 245.27 = 1.55[/QUOTE]
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Pamp/ Credit Suisse Gold Bars vs. Cold Bullion Coins?? - grams vs oz??
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