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What do you all think of this coin?

goingbrokegoingbroke Posts: 1,410
in Precious Metals
I am thinking of buying one of these 2 ounce gold coins. Would I have trouble selling it in the future? THANKS!Rabbit coin
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Comments

  • PerryHallPerryHall Posts: 46,122 ✭✭✭✭✭
    You shouldn't have any trouble selling it in the future as a bullion coin for melt value.

    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

  • jmski52jmski52 Posts: 22,825 ✭✭✭✭✭
    I don't know for sure, but Aussie Silver Bullion is easy to sell and quite popular. I'd expect Aussie Gold to be similar.
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  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    If you like it you should buy it. Far as selling it in the future, you won't have any problem although you may get different offer prices from different buyers. Just like anything else, although what Perry said is pretty much right on.

    Coin's for sale/trade.


    Tom Pilitowski
    US Rare Coin Investments
    800-624-1870

  • jmski52jmski52 Posts: 22,825 ✭✭✭✭✭
    Looks like about a 9% premium. Kinda high, but probably not for a nice Aussie gold piece. It'll probably hold the premium and it might actually increase.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • goingbrokegoingbroke Posts: 1,410
    9% + high shipping and handling cost! I will think on it a bit. I wish AMPEX didnt charge so much on the former!
    Many successful BST transactions ajia
    (x2,Meltdown),cajun,Swampboy,SeaEagleCoins,InYHWHWeTrust, bstat1020,Spooly,timrutnat,oilstates200, vpr, guitarwes,
    mariner67, and Mikes coins
  • PerryHallPerryHall Posts: 46,122 ✭✭✭✭✭


    << <i>9% + high shipping and handling cost! I will think on it a bit. I wish AMPEX didnt charge so much on the former! >>



    You may get it cheaper on the secondary market---unless gold goes up in value.

    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

  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    Pass.
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    I like it, looks nice and I am sure you could sell it on ebay with no problem later on. However I like smaller gold much better though
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  • meluaufeetmeluaufeet Posts: 764 ✭✭✭
    If you -- or a loved one -- was born on the 'year of the rabbit'... it looks ok to me. I guess I'm saying that the chinese year premium might be important to those follow that.

    I would consider pamp 1oz/2oz and spend the difference on something else. For that price you might be able to find a brick of 2.5 gram fortuna's
  • CaptHenwayCaptHenway Posts: 32,123 ✭✭✭✭✭
    We usually sell 5-8 of the 2 oz. gold lunars every year, and 2-3 of the 10 oz.

    No worry about being able to sell them back later.

    TD
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • DrBusterDrBuster Posts: 5,378 ✭✭✭✭✭
    Man I like the Aussie gold. I paid the extra for a 1/10th kangaroo just 'cause I wanted it. Now I'm wanting to put together a continent set.

    Could the premium be less, yes. Check at a show for that, might find it closer to spot. But it's about the same as any of the European gold...worth it to me, especially if you only want 1 or 2 pieces. And I think it's an easy sale in the future.
  • derrybderryb Posts: 36,795 ✭✭✭✭✭
    Apmex says on the same page they will buy it

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    It will always be 2 oz of gold. If you like/want it buy it-after all it's your $$image
    Avid collector of GSA's.
  • PerryHallPerryHall Posts: 46,122 ✭✭✭✭✭


    << <i>Apmex says on the same page they will buy it >>



    Not surprising. APMEX is in the precious metals business after all and this coin is two ounces of gold.

    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

  • MrSpudMrSpud Posts: 4,499 ✭✭✭
    What's the other stuff supposed to be on the coin next to the rabbit? Is that supposed to be vegetables? Feathers?
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