What is the better buy? 2015 1 oz Canadian Gold Growling Cougar vs 2018 Gold Maple

Discussion in 'Bullion Investing' started by myownprivy, May 17, 2018 at 12:32 PM.

  1. myownprivy

    myownprivy Active Member

    https://www.providentmetals.com/2015-canadian-gold-1oz-growling-cougar-call-of-the-wild.html
    Which one is a better buy?



    Provident has the 99999 Gold Cougar in assay for about $42.99 over spot. That is a surprising little cheaper than buying a 2018 Gold Maple for around $50 over spot.

    Interesting, ebay seems to show HIGHER selling prices for 99999 Canadian gold in assays vs loose regular gold Maples. However, Provident Metals offers a lower buyback price for the 99999s vs the regular gold maples.

    Is this common? Is a regular, generic Gold Maple a better buy for investment due to its history and easy identification or is a lesser known, 99999 Canadian gold in assay with a much lower mintage a better buy?

    What do you think? Does anyone have experience reselling 99999 Canadian gold?
     
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  3. V. Kurt Bellman

    V. Kurt Bellman Guardian of The Farce, & Dead-Eye Master

    When I was a younger man, I met a "cougar" from Canada, but that's another story for another time...
     
  4. ddddd

    ddddd Member

    I would go with the Cougar.

    Why?
    1. Currently cheaper (from your two options)

    2. Many dealers/local coin stores value all foreign gold (at least modern issues) similarly...as in expect an offer of spot or less (3%-7% under melt) if selling to them...so buying the lower premium example is best

    3. The lower mintage/different design adds an interesting element (especially for collectors) and can turn this into a semi-numismatic item with a premium

    4. I had one of the coins from this series (14 wolf) and later sold it to Apmex (around 2016); they paid a premium above the price of a gold maple
     
  5. Collecting Nut

    Collecting Nut Borderline Hoarder

    It's gold so buy the lower cost one but factor in shipping.
     
  6. Clawcoins

    Clawcoins Well-Known Member

    Generally, the newer a "specialty" though common gold or silver coin is the higher the premium.
    As times goes on that premium becomes less and less.
    That excludes irregularities, etc.
     
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