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What's better?

skier07skier07 Posts: 3,965 ✭✭✭✭✭
What would you rather have, a raw AUish $20 gold piece, or a Krugerrand?

Bruce

Comments

  • No brainer for me I'll take an AU $20image
    A nickel ain't worth a dime anymore.
    Yogi Berra

  • PerryHallPerryHall Posts: 46,115 ✭✭✭✭✭
    If it's problem free, I'd take the AU $20.

    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

  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    For me, it depends on where in the market cycle we are and what additional premium is attached to the Saint. There are times when the Saint is overpriced and times when it is underpriced. With a market just taking off after a consolidation, the saint is the better buy. Near the market peak I'd rather be in the Krug.

    I prefer the look of the saint as well. Right now AU's are carrying about a 15% premium to melt. In different parts of 2009 they ranged from 15% to 35%. So right now they are probably on the low end. But note that as gold goes higher and higher, premiums will shrink.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • AU $20 any day
    "When someone tells you nothing is impossible, ask them to dribble a football"

    MANY positive BST Transactions
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    For same price $20 gold piece ~ No brainerimage
    Avid collector of GSA's.
  • Krugerrand !

    Because I have a custom Capital Plastics multi-coin Holder for 5 - 1oz Rands sadly sitting in it's box empty image
  • Krugerrand because it is better recognised thruout the world and I am originally from there, not here!image
    Buy the dips!!!
  • BearBear Posts: 18,953 ✭✭✭
    Yes I would.
    There once was a place called
    Camelotimage
  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    The ugly Krugerrand
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
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