100g PAMP Suisse Au bar
ranshdow
Posts: 1,442 ✭✭✭✭
These bars could be had for a small premium to melt at the Sacto ANA (like $20). Are they easy to sell? Well recognized? Is there a Europe v. US thing for these bars either due to the maker or the unit of measure? Curious, thanks.
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As far as the rarity of the 100g Pamp bars....they are basically as common as dirt as far as 100 gram bars goes. I wouldnt take into consideration the unit of measure.....anyone who contemplates buying a 100 gram gold bar is probably well versed in the metric system to begin with. The bars are very well recognized and respected. But unless I had ambitions of stacking 200+ oz of gold, I would completely steer clear of anything larger than 1oz pieces.....and I tend to think even those are too big.
<< <i>I have adopted a policy that smaller is better. My reasoning is simple. I know of at least 100 people, personally, who could buy a 1/4 oz gold coin without even considering the cost implications. I know of maybe 4 or 5 people who I could say the same about a 3.215 oz chunk of gold. I once owned a 100 gram gold bar, and had no problem liquidating it when I decided to go to fractionals, but that was with gold @ $1,200. What happens when gold is at $3,000? Your audience for a piece like that becomes limited.
As far as the rarity of the 100g Pamp bars....they are basically as common as dirt as far as 100 gram bars goes. I wouldnt take into consideration the unit of measure.....anyone who contemplates buying a 100 gram gold bar is probably well versed in the metric system to begin with. The bars are very well recognized and respected. But unless I had ambitions of stacking 200+ oz of gold, I would completely steer clear of anything larger than 1oz pieces.....and I tend to think even those are too big. >>
I agree! I have several rolls of 1/10 ounce gold coins and some 20 gram down to 5 gram gold bars and I too think they would be easier to re sell then larger bars when the time comes. Although the premiums on these small sizes will be higher for buyers then the larger sizes I still think they will sell faster
(x2,Meltdown),cajun,Swampboy,SeaEagleCoins,InYHWHWeTrust, bstat1020,Spooly,timrutnat,oilstates200, vpr, guitarwes,
mariner67, and Mikes coins
had throw that curve ball in there
For routine stacking / dollar cost averaging, my personal sweet spot is 1/2 oz. I personally don't believe the SHTF scenarios are likely whereby small gold coins would be used as a currency, so I don't see the point of acquiring the small stuff. From a preservation of wealth standpoint, the larger sizes make more sense to me- one can allocate $5-$10k at a shot with minimal spread to bullion prices and be done with it. It's potential liquidity vs. 1oz. units that I wonder about.
Thanks for the feedback.