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<p>[QUOTE="John the Jute, post: 542802, member: 17740"]The purist answer:</p><p> </p><p>My favourite bullion coin is whichever is cheapest at the time of purchase. In the UK, where silver attracts purchase tax, these are usually krugerrands, Austrian 100 corona pieces and Mexican 50 peso pieces. In the US, I understand, the same three are good value as are junk silver and silver rounds.</p><p> </p><p>It is possible to remain reasonably purist and buy coins which have a reasonable hope of being more valuable on resale. In the UK, this means bullion grade, early 20th century sovereigns; in the US, I understand, this means US gold eagles.</p><p> </p><p>In the UK, gold bars are harder to sell than gold coins. In the US, I understand there is a more active market, so a truly purist US bullion investor might not want coins at all.</p><p> </p><p>The aesthetic answer:</p><p> </p><p>Krugerrands, though good value and honestly made, are not pretty. Canadian Maples and Austrian Philharmonikers are more attractive but don't move me. I rather like both US Eagles and UK Britannias--quite as much as I like Chinese Pandas. And the 2009 US Double Eagle does look as though it will be most attractive.</p><p> </p><p>But the bullion coins I find the most pleasure in owning are the Australian Kangaroos and Kookaburras. The 2oz sizes of these are particularly striking.</p><p> </p><p>Later,</p><p> </p><p>John[/QUOTE]</p><p><br /></p>
[QUOTE="John the Jute, post: 542802, member: 17740"]The purist answer: My favourite bullion coin is whichever is cheapest at the time of purchase. In the UK, where silver attracts purchase tax, these are usually krugerrands, Austrian 100 corona pieces and Mexican 50 peso pieces. In the US, I understand, the same three are good value as are junk silver and silver rounds. It is possible to remain reasonably purist and buy coins which have a reasonable hope of being more valuable on resale. In the UK, this means bullion grade, early 20th century sovereigns; in the US, I understand, this means US gold eagles. In the UK, gold bars are harder to sell than gold coins. In the US, I understand there is a more active market, so a truly purist US bullion investor might not want coins at all. The aesthetic answer: Krugerrands, though good value and honestly made, are not pretty. Canadian Maples and Austrian Philharmonikers are more attractive but don't move me. I rather like both US Eagles and UK Britannias--quite as much as I like Chinese Pandas. And the 2009 US Double Eagle does look as though it will be most attractive. But the bullion coins I find the most pleasure in owning are the Australian Kangaroos and Kookaburras. The 2oz sizes of these are particularly striking. Later, John[/QUOTE]
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