Stackers: 20 Gold Maples or 20 Gold Eagles?

MsMorrisine · April 24, 2019 2:43PM

but the 20 Gold Maples are $6 over spot
and
the 20 Gold Eagles are $14 over spot

PerryHall · April 24, 2019 3:17PM

I'd buy the AGE's. They're more liquid in the US market and usually you'll get the premium back when you sell them.

3stars · April 24, 2019 3:38PM

It's about a 0.6% difference in price, so pretty much a wash.

Downtown1974 · April 24, 2019 3:39PM

I agree with Perry. Out of the 2, I’d go with the AGEs. Too bad gold buffalos weren’t an option. That would’ve been my first choice.

PerryHall · April 24, 2019 4:08PM

One advantage the Maples have over the AGE's is that they are pure gold which is vastly more popular in Asia than alloyed gold. I also like the Buffalos which are pure gold but they seem to carry a premium over AGE's.

blitzdude · April 24, 2019 4:18PM

AGE if in US without question. Anywhere else on planet earth I'd probably go with the maples.

MsMorrisine · April 24, 2019 4:34PM

@3stars said:
It's about a 0.6% difference in price, so pretty much a wash.

That much more ammunition, no?

cohodk · April 24, 2019 4:45PM

Birds.

davidk · April 24, 2019 5:58PM

10 of each.

KindaNewish · April 24, 2019 6:08PM

@davidk said:
10 of each.

In a bucket.
Eggs on top.

Hemispherical · April 24, 2019 6:35PM

@cohodk said:
Birds.

@davidk said:
10 of each.

@KindaNewish said:

@davidk said:
10 of each.

In a bucket.
Eggs on top.

I get it.

I think.

Throw in some Kangaroos, Pandas, Lady Britanias, and Krugers while were at it.

tneig · April 25, 2019 4:41AM

If one or the other only, than AGE's.
For collecting preference I'd select a couple maples and Krugerrands as part of the package.
At my experience level, for base level coins, never gotten much premium back.

mapleman · April 25, 2019 5:02AM

Maples for me.

DrBuster · April 25, 2019 5:21AM

The maples and then a 1/10 AGE with the savings.

coinpalice · April 25, 2019 5:46AM

I always go for the pre-33 on e bucks promo days and buy below spot after the 100 e bucks is earned

asheland · April 25, 2019 9:04AM

I would he happy with either one, but likely would go with the eagles.

MsMorrisine · April 25, 2019 9:59AM

I used the stacker word.

Wouldn't 20 maples be preferred due to the savings and thus a higher stack as time goes by. Will there be a premium in a worst case scenario to make one better than the other?

Downtown1974 · April 25, 2019 10:47AM

@MsMorrisine said:
I used the stacker word.

Wouldn't 20 maples be preferred due to the savings and thus a higher stack as time goes by. Will there be a premium in a worst case scenario to make one better than the other?

In a “worst case scenario” nobody will want either of them.

Hemispherical · April 25, 2019 11:14AM

@Downtown1974 said:

@MsMorrisine said:
I used the stacker word.

Wouldn't 20 maples be preferred due to the savings and thus a higher stack as time goes by. Will there be a premium in a worst case scenario to make one better than the other?

In a “worst case scenario” nobody will want either of them.

If that did happen then there are probably other events of more importance.

mapleman · April 25, 2019 11:33AM

Only drawback on Maples is in over the counter sale as bullion to dealer. If over 24 0ne oz's, IRS reporting kicks in. Eagles no limit. Here's a list of reportable bullion sales from Apmex,

Reportable Item

Minimum Fineness

Minimum Reportable Amount

Gold Bars 0.995 Any size bars totaling 1 Kilo (32.15 troy oz) or more
Silver Bars 0.999 Any size bars totaling 1000 troy oz or more
Platinum Bars 0.995 Any size bars totaling 25 troy oz or more
Palladium Bars 0.9995 Any size bars totaling 100 troy oz or more
Gold 1 oz Krugerrand as minted Twenty-five (25) 1 oz coins
Gold 1 oz Maple Leaf as minted Twenty-five (25) 1 oz coins
Gold 1 oz Mexican Onza as minted Twenty-five (25) 1 oz coins
U.S. 90% Silver Coins as minted Any combination of dimes, quarters, or half-dollars totaling $1,000 face value or more

Downtown1974 · April 25, 2019 12:04PM

While I do prefer AGEs, there are often some real good deals on MS69 Gold Maples from reputable sellers.

I picked this up a month or two ago from Modern Coin Mart for what other dealers were asking for raw copies.

Timbuk3 · April 25, 2019 12:18PM

Definitely AGE !!!

ricko · April 25, 2019 3:07PM

I seek out AGE's... the liquidity is definitely better.... That being said, the pure gold Maple Leafs, if close to melt, are definitely worth an investment. Cheers, RickO

Hemispherical · April 25, 2019 3:32PM

@mapleman said:
Only drawback on Maples is in over the counter sale as bullion to dealer. If over 24 0ne oz's, IRS reporting kicks in. Eagles no limit. Here's a list of reportable bullion sales from Apmex,

Reportable Item

Minimum Fineness

Minimum Reportable Amount

Gold Bars 0.995 Any size bars totaling 1 Kilo (32.15 troy oz) or more
Silver Bars 0.999 Any size bars totaling 1000 troy oz or more
Platinum Bars 0.995 Any size bars totaling 25 troy oz or more
Palladium Bars 0.9995 Any size bars totaling 100 troy oz or more
Gold 1 oz Krugerrand as minted Twenty-five (25) 1 oz coins
Gold 1 oz Maple Leaf as minted Twenty-five (25) 1 oz coins
Gold 1 oz Mexican Onza as minted Twenty-five (25) 1 oz coins
U.S. 90% Silver Coins as minted Any combination of dimes, quarters, or half-dollars totaling $1,000 face value or more

What I always found weird was the last item, “U.S. 90% Silver Coins as minted Any combination of dimes, quarters, or half-dollars totaling $1,000 face value or more,” this is probably been passed on from iteration to iteration (changes) of the Tax Code because it is a bit archaic.

MsMorrisine · April 25, 2019 3:48PM

yeah.

1000 oz of silver, but $1000 of 90%. doesn't seem right.

jmski52 · April 26, 2019 4:31AM

I've dabbled with some Maples, and I really like Buffalos - but if it's a black & white decision between 20 Maples vs. 20 Eagles, I'd have to go with the 20 Eagles every time.

mapleman · April 26, 2019 5:14AM

@Hemispherical said:

@mapleman said:
Only drawback on Maples is in over the counter sale as bullion to dealer. If over 24 0ne oz's, IRS reporting kicks in. Eagles no limit. Here's a list of reportable bullion sales from Apmex,

Reportable Item

Minimum Fineness

Minimum Reportable Amount

Gold Bars 0.995 Any size bars totaling 1 Kilo (32.15 troy oz) or more
Silver Bars 0.999 Any size bars totaling 1000 troy oz or more
Platinum Bars 0.995 Any size bars totaling 25 troy oz or more
Palladium Bars 0.9995 Any size bars totaling 100 troy oz or more
Gold 1 oz Krugerrand as minted Twenty-five (25) 1 oz coins
Gold 1 oz Maple Leaf as minted Twenty-five (25) 1 oz coins
Gold 1 oz Mexican Onza as minted Twenty-five (25) 1 oz coins
U.S. 90% Silver Coins as minted Any combination of dimes, quarters, or half-dollars totaling $1,000 face value or more

What I always found weird was the last item, “U.S. 90% Silver Coins as minted Any combination of dimes, quarters, or half-dollars totaling $1,000 face value or more,” this is probably been passed on from iteration to iteration (changes) of the Tax Code because it is a bit archaic.

I haven't read the tax code lately on 90% but a past reading confirmed that as originallywritten quarters were not mentioned!

mapleman · April 26, 2019 5:17AM

@MsMorrisine said:
yeah.

1000 oz of silver, but $1000 of 90%. doesn't seem right.

Agreed but I'm content to leave well enough alone. Once that genie is out of the bottle mischief could ensue on all.

Hemispherical · April 26, 2019 5:47AM

Placeholder for more research.

http://news.coinupdate.com/irs-and-government-reporting-requirements-for-coin-and-bullion-dealers-0353/

IRS Revenue Procedure 92-102, https://www.irs.gov/pub/irs-tege/rp92_102.pdf

Other: https://www.irs.gov/businesses/market-segment-specialization-program-mssp-13

Stackers: 20 Gold Maples or 20 Gold Eagles?

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