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Thoughts on 2020 1/10oz Gold Kookaburra

ac78217ac78217 Posts: 6 ✭
in Precious Metals

So this has a mintage of 15,00 and it is the first gold Kook produced

do you think these are good investments?

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    MilesWaitsMilesWaits Posts: 5,310 ✭✭✭✭✭

    15,000 mintage. Not super high but it depends on demand.
    About $100 premium over spot not horrible but not great.
    How many do you plan on buying to make this an “investment?”
    Seeing your coin purchases as an investment is always a gamble.

    Now riding the swell in PM's and surf.
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    MilesWaitsMilesWaits Posts: 5,310 ✭✭✭✭✭

    $183 at APMEX over $250 on eBay.

    Now riding the swell in PM's and surf.
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    ac78217ac78217 Posts: 6 ✭

    i picked up 5, i figure 15,000 1/10th oz = 1,500 ounces, so 5 will hold me for now.

    Once i get them in hand, i will decide if i want to grade them

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    DrBusterDrBuster Posts: 5,306 ✭✭✭✭✭
    edited January 29, 2020 9:35AM

    The silver kooks are very popular, I'd think the gold would carry over nicely.

    I have a couple of their kangaroos, they are nicely done.

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    bronco2078bronco2078 Posts: 9,964 ✭✭✭✭✭

    i own a full set of silver kooks and have been very happy with how prices have gone up on those but , perth makes a lot of weird shit and I don't know.

    I bought the first 2 ounce koala a few years back and I think they didn't make any more . They abandon things at times

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    HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    Edit...

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    I will stick to AGE's....and for the most part, I like the big ones... :) I stack gold for liquidity in time of need... and AGE's are, at least in the U.S., the best for this purpose. Cheers, RickO

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    MsMorrisineMsMorrisine Posts: 32,203 ✭✭✭✭✭

    not an investment vehicle unless you think gold will hit 2500/oz and will sell it then.

    is an enjoyment vehicle.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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    carew4mecarew4me Posts: 3,464 ✭✭✭✭

    I also have a full run of Silver Kooks but these don't move me.


    Loves me some shiny!
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    bronco2078bronco2078 Posts: 9,964 ✭✭✭✭✭

    there is an australian coin forum , i dont have it bookmarked here on my phone but i can link it later. They are experts in all manner of kook koala lunar series etc.
    A very good resource

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    Tiggs2012Tiggs2012 Posts: 167 ✭✭✭

    Its a pretty coin, looks better in hand, happier with it after seeing in person. Easy pickup still at close to spot.

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    bronco2078bronco2078 Posts: 9,964 ✭✭✭✭✭

    here is a link to the aussie stacker forum

    https://www.silverstackers.com/forums/index.php

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    johnny9434johnny9434 Posts: 27,505 ✭✭✭✭✭

    Its a gobby

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    johnny9434johnny9434 Posts: 27,505 ✭✭✭✭✭

    Hobby even

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