Goldilocks

As a nerd, I tend to over-analyse things. It’s my no.1 hobby!

What’s the best/optimal gold coin size to buy. I feel you need to strike a balance between good value (in terms of premium) and the ability to resell it. A 1oz coin is best value, but harder to sell (to non dealers) as it’s a lot of money. So smaller denominations are more liquid, but also poorer value due to the associated premiums.

I have therefore landed on the 1/4oz coin. Premiums on the 1/10th oz are too high, and for some reason, people don’t like the 1/2oz.

What are your thoughts?

True but I want a 1/10 eagle

I don't really buy gold, except as jewellery, although I have got the 1/4 oz Queen's Beasts and the Prehistoric life minigolds (0.5 g). It isn't something I need and I'm old enough not to have to worry too much about preserving wealth for future years. It is a lovely metal, but I tend to agree with @ArcaneCollector that the 1 oz coins are too expensive to be able to shift quickly to non-dealers.

tray wrote:True but I want a 1/10 eagle

Isn’t it too small, about the size of your pinky nail? And you need a strong magnifying glass to see any detail?

1/4 is better size but I keep spending my money on sliver things

I did a whole video on this subject. But it mainly was down to Gold Sov or fractional. 

The conclusion I came up with was not simple nor straight forward. 

Both have great reasons to buy. 

Sovs are more of a collectors piece and potentially has a numismatic status. 
And they offer you more gold for your money verse buying PURE 9999 gold. 

Yes that's is right above!!!

HOWEVER

1/10th and 1/4 are GREAT purchases. 1 oz are harder to sell. I have put this to the test and was able to buy 1oz Gold from everywhere AT or sometimes UNDER spot. 

Fractional 1/10th are more to buy but you get more back from sales.   And are really really easy to sell. I can list a 5 now and in a hour all will be sold... And yes I would have made a Profit. 

1/4 you can buy and sell them but your more likely to go into the Sov territory and people are slightly reluctant. 

If your have a lump sum like I did following my crash, buy 100g and kilo bars.   But were not talking about that... and you will get spot price only. You will realistically need to keep them vaulted. I use a place in London. It is not Rocket science where to look. 

It depends on your budget as well, IE how much you have spare or dedicated to precious metals. 

Here is the link to the video. 

https://www.thepreciousmetalforum.com/t793-gold-ohhhhh-yeah

Yep for sovereigns for selling on definitely, especially the different reverses. I see the quarter sovereigns are becoming more popular. I just really like the new eagle design, I really want one