Home› Precious Metals

Stackers: 20 Gold Maples or 20 Gold Eagles?

MsMorrisineMsMorrisine Posts: 33,078 ✭✭✭✭✭
in Precious Metals

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

Current maintainer of Stone's Master List of Favorite Websites // My BST transactions

Comments

  • 3stars3stars Posts: 2,287 ✭✭✭✭✭

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

    Previous transactions: Wondercoin, goldman86, dmarks, Type2
  • Downtown1974Downtown1974 Posts: 6,796 ✭✭✭✭✭

    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.

    MY GOLD TYPE SET https://pcgs.com/setregistry/type-sets/complete-type-sets/gold-type-set-12-piece-circulation-strikes-1839-1933/publishedset/321940

  • PerryHallPerryHall Posts: 46,136 ✭✭✭✭✭

    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.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • blitzdudeblitzdude Posts: 5,894 ✭✭✭✭✭

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

    The whole worlds off its rocker, buy Gold™.

  • MsMorrisineMsMorrisine Posts: 33,078 ✭✭✭✭✭

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

    That much more ammunition, no?

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • cohodkcohodk Posts: 19,123 ✭✭✭✭✭

    Birds.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • davidkdavidk Posts: 275 ✭✭✭

    10 of each.

  • KindaNewishKindaNewish Posts: 827 ✭✭✭✭✭

    @davidk said:
    10 of each.

    In a bucket.
    Eggs on top.

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    @cohodk said:
    Birds.

    @davidk said:
    10 of each.

    @KindaNewish said:

    @davidk said:
    10 of each.

    In a bucket.
    Eggs on top.

    I get it.

    :D

    I think.

    :p

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

  • tneigtneig Posts: 1,505 ✭✭✭

    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.

    COA
  • maplemanmapleman Posts: 1,052 ✭✭✭✭✭

    Maples for me.

  • DrBusterDrBuster Posts: 5,379 ✭✭✭✭✭

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

  • coinpalicecoinpalice Posts: 2,453 ✭✭✭✭✭

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

  • ashelandasheland Posts: 23,189 ✭✭✭✭✭

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

    My YouTube Channel

  • MsMorrisineMsMorrisine Posts: 33,078 ✭✭✭✭✭

    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?

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • Downtown1974Downtown1974 Posts: 6,796 ✭✭✭✭✭

    @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.

    MY GOLD TYPE SET https://pcgs.com/setregistry/type-sets/complete-type-sets/gold-type-set-12-piece-circulation-strikes-1839-1933/publishedset/321940

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    @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. :|

  • maplemanmapleman Posts: 1,052 ✭✭✭✭✭
    edited April 25, 2019 11:58AM

    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

  • Downtown1974Downtown1974 Posts: 6,796 ✭✭✭✭✭

    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.

    MY GOLD TYPE SET https://pcgs.com/setregistry/type-sets/complete-type-sets/gold-type-set-12-piece-circulation-strikes-1839-1933/publishedset/321940

  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    Definitely AGE !!! :)

    Timbuk3
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    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

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    @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.

  • MsMorrisineMsMorrisine Posts: 33,078 ✭✭✭✭✭

    yeah.

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

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • jmski52jmski52 Posts: 22,850 ✭✭✭✭✭

    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.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • maplemanmapleman Posts: 1,052 ✭✭✭✭✭

    @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!

  • maplemanmapleman Posts: 1,052 ✭✭✭✭✭

    @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.

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭
    edited April 26, 2019 7:57AM

    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

Sign In or Register to comment.