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For US Residents, AGE, Maple, K-Rant Nuget, Phili or what

PlanchetPlanchet Posts: 294
in Precious Metals
I was in my local B&M shop today. It was very busy buying and selling PM. I have known the owner for more than 20 years and during a lull I was talking to him about which of the 1 oz gold coins sells better. He said that the AGE sells the best. He gets $75 over spot for AGEs, the Maple, Phili and Aussi he sells at $55-65 over spot and the K-rand a little lower depending on his supply. He said the Phili and Aussi Nuget/Roo are the hardest of the four to sell and slow movers The AGE has the best market followed by the K-Rand and the Maple. He said the Maple scratches very easy and he does not like dealing with them. He said many other dealers feel the same way.. The Aussi and Phili are harder to sell and move much slower. His buy back for the AGE is spot and he buys behind spot for the best.

So, if I want to have a bullion coin that is easy to sell, and has a decent spread should I stick with the AGE? Is it true that the Maples are harder to sell if they have any surface issues and if so, how do you keep them from being damaged?

Planchet

Comments

  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    yes, yes, and "airtite" or "safeflip"

    Liberty: Parent of Science & Industry

  • gsa1fangsa1fan Posts: 5,566 ✭✭✭


    << <i>yes, yes, and "airtite" or "safeflip" >>



    Wow, I agree 100% with Baley for onceimage
    Avid collector of GSA's.
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    in some areas thats true but in areas where there are a lot of asians, maples are #1. The reason is because they are marked .9999 and many asian groups love pure gold.

    I'd say top four easiest to sell are AGEs, Maples, Krands, and Phils. Can't go wrong getthing a combo of those four.
    Successful Buying and Selling transactions with:

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  • fishcookerfishcooker Posts: 3,446 ✭✭
    What about buffs?
  • KipKip Posts: 852


    << <i>yes, yes, and "airtite" or "safeflip" >>



    why care?...1 oz is 1 oz
    UCSB Electrical Engineering....... USCG and NASA
  • PokermandudePokermandude Posts: 2,713 ✭✭✭
    I have a slight preference for pure/24k gold coins (eg. Maple) rather than 22k Gold eagles, krugs, etc. But really an oz in an oz.
    http://stores.ebay.ca/Mattscoin - Canadian coins, World Coins, Silver, Gold, Coin lots, Modern Mint Products & Collections
  • nibannynibanny Posts: 2,761 ✭
    I like them all. I think that the best bullion is the Krugerrand, I feel it is the most recognized worldwide.
    In Italy people who invest in gold usually buy the 20 Lire and Sovereigns.
    In the US it makes sense to buy AGEs, IMO.
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
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