Gold coins: circulated vs new
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Gold coins: circulated vs new
When buying gold coins it seems that circulated coins with a random year are cheaper than new coins (2019/2020). I assume that when selling the coins this will also have an impact? What would you recommend?
- dualstow
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Re: Gold coins: circulated vs new
I really think random year coins are fine. After all, they're all going to be random year by the time you sell them!
I don't always practice what I preach. I have bought random year coins when I first started out. Nowadays, I buy so little gold every year that I just buy the brand new stuff. It's easier to keep track of, and they're clean and shiny.
I don't always practice what I preach. I have bought random year coins when I first started out. Nowadays, I buy so little gold every year that I just buy the brand new stuff. It's easier to keep track of, and they're clean and shiny.
Sam Bankman-Fried sentenced to 25 years
Re: Gold coins: circulated vs new
Thanks, I'll do the same then. It is quite a bit cheaper, and Krugerrands (which I'm looking at) are not so easy to scratch anyway.
- dualstow
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Re: Gold coins: circulated vs new
Here are some related threads which you might find helpful:
"Random Year" coins
viewtopic.php?f=5&t=3298
Why are older gold coins often pricier than new ones?
viewtopic.php?f=5&t=9984
Complete list of bullion?
viewtopic.php?f=5&t=8892
Selling Bullion
viewtopic.php?f=5&t=9980
"Random Year" coins
viewtopic.php?f=5&t=3298
Why are older gold coins often pricier than new ones?
viewtopic.php?f=5&t=9984
Complete list of bullion?
viewtopic.php?f=5&t=8892
Selling Bullion
viewtopic.php?f=5&t=9980
Sam Bankman-Fried sentenced to 25 years
Re: Gold coins: circulated vs new
I always always always get current coins fresh from the mint rather than ones in circulation.
Reduces the probability that I got a counterfeit as far as I'm concerned.
Reduces the probability that I got a counterfeit as far as I'm concerned.
๐ The All-Terrain Portfolio ๐
Re: Gold coins: circulated vs new
When you say "fresh from the mint", you mean "not circulated", or directly from the source (whatever that may be)?
Re: Gold coins: circulated vs new
Yeah! Well, to be fair it's the primary dealer in Vancouver that sources directly from the Royal Canadian Mint.
I suppose the coins have been through the intermediary (the dealer), but at least they haven't been in open circulation.
About as pristine as it gets here in Vancouver.
๐ The All-Terrain Portfolio ๐
Re: Gold coins: circulated vs new
Unfortunately, there is very little gold-digging being done here
- vnatale
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Re: Gold coins: circulated vs new
dualstow wrote: โTue Jan 07, 2020 11:18 am
Here are some related threads which you might find helpful:
"Random Year" coins
viewtopic.php?f=5&t=3298
Why are older gold coins often pricier than new ones?
viewtopic.php?f=5&t=9984
Complete list of bullion?
viewtopic.php?f=5&t=8892
Selling Bullion
viewtopic.php?f=5&t=9980
For the newer people here who never saw the results of Dualstow's research...probably worthwhile to put it in front of everyone's eyes again...
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."