Gold coins or bars?

[Dianne]

I am looking at gold american eagles for example, and wondering if it is best to buy 10 of the 1/10oz coins versus 1 of the .999 coins. Are the lower denominations valued the same as the higher?

 

[bander87]

I am looking at gold american eagles for example, and wondering if it is best to buy 10 of the 1/10oz coins versus 1 of the .999 coins. Are the lower denominations valued the same as the higher?

No no, .999 is the purity of the coin. The 1/10th ounce coins should be mostly .999 purity as well. I assume you mean besides the 1 ounce coins.

You are going to pay more for ten 1/10th ounce coins than you are with one 1 ounce coin.

I think you guys should start investing in silver instead of gold, although it wouldn't be too bad to have a mix. But don't take it from me though, do your own research.

 

[Ozwest]

No no, .999 is the purity of the coin. The 1/10th ounce coins should be mostly .999 purity as well. I assume you mean besides the 1 ounce coins.

You are going to pay more for ten 1/10th ounce coins than you are with one 1 ounce coin.

I think you guys should start investing in silver instead of gold, although it wouldn't be too bad to have a mix. But don't take it from me though, do your own research.

A mix is good. Agreed.

My 2 cents would be... The silver market was almost rail-roaded several decades ago, and gold has an intrinsic value. It is the standard.