Why I Stopped Buying 22k Gold - 24k vs 22k Gold Coins
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- Опубліковано 16 тра 2022
- 24k vs 22k gold and why I stopped buying 22k gold coins to focus on 24k gold instead. I bought American Gold Eagles almost exclusively for nearly a decade before switching to Gold Buffalos and other 24k gold coins. I'm not done with Eagles and I don't have anything 22k coins in general, but this is what I'm up to currently.
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Here in New Zealand, Eagles are subject to Goods and Services tax (15%), which you don't recover when you sell unless you're registered for GST. (Unlikely). So lose 6% and another 15% immediately. Pure is the only sensible option.
Yeah, there would be no question to me if VAT/GST/HST was involved. Cheers!
Your government hates you. Your job is to fund their insane socialism and only they reap the political power and rewards.
New Zealand is such a biiig country.... Not! Anyone with the sense outside NZ with eagles would sell them outside or online before entering the country.
New Zealand is leaded by socialists, that says all...
Taxation is theft it is your duty as a sovereign individual and tell them fuck you
I really enjoyed that talk, thank you.
I do prefer the look of 24 carat.
I think the buffalo having imperfections, seems to suit that coin in particular. Gives it character and confirmation of its organic-ness.
Love your work by the way! 😎
Agreed on the Buffalo. The rugged design allows some imperfections. Cheers!
Great Video!!! I'm newer to stacking and I'm pretty much only buying 24k gold coins. I do have a couple of smaller Eagles but the coins that I like and own are Buffalos, Maples and Kangaroos.
Buffalo for the win 🦬
One hella good video on the comparison of 22 vs 24. As a noob to the game, this helps a bunch when I finally pick up my first 1 ouncer!
Thanks and good luck!
Such a good video. I’m always rethinking what I like the most. And as for design and security features it’s the Britannia over the maple. I like the Buffalo over the Eagle mostly for its pure golden look and It’s not something I would be dinging up, but those Eagle’s are solid and have a nice look and I actually like the large head eagle on the reverse. I want to buy other coins but I’m not in any hurry right now
Eagles, Buffalos and Britannias would be a good mix. Cheers!
I've only stacked some gold(all fractional), but I prefer the 24k, over 22k. I did make a point to get one 1/2 oz AGE, otherwise I prefer Maples, gold Britannias, & Argor Hereaus bars.
Great video.
I'm still working my way toward my first oz. I am of the notion that my first full 1oz Gold coin will be an American Gold Eagle, although I have always been drawn to the Maple leaf. I want to be able to hold the coin bare in my hand, and I just feel safer with the 22k. Ultimately the price will probably make the decision for me. Your videos are pure eye candy. Thank you so much. Stack long and prosper.
I'm probably different than most here, I have always loved the look of the old 90% US gold. That said I now live in Canada and not only is getting that more difficult but as you mentioned there's tax involved. My recent purchases have been Buffaloes and that's not likely to change for my next purchase.
I like some of the pre-33 a lot. I dislike some a fair amount too. I like yellow. 🤩
I like the durability of 90% gold. I like the highly liquid nature of fractional gold eagles as "trade up" gold. But if it's modern bullion 1 ozt coins, then 24K is it due to the international tax implications.
24k is like hospital sterile metal, while 22k pre-1933 US coins are warm, pretty, and durable to be handled. Still 24k is more desired worldwide than impure.
I agree with the assessment. I’m new and just purchased my first Buffallo gold coin. I was drawn to it than most of the coins I’ve looked at online. Honestly I didn’t even know the Buffallo was a 24 karat and the eagle wasn’t.
Yes, I like the 24k better. They do just look a lot nicer. That’s what I’ve been focused on over the last year. Excellent videos BTW.
Thanks!
Bro..... I love the Buffalo but I can't stand the uneven rim issues with the Buffalo... the Eagle for me is perfect esthetically and I don't stack world gold... so my go to preference is the Gold Eagle hands down.
I give the Buffalos a pass on rim evenness. Not sure why.
Im hoping the mint goes to a 24k eagle.
@@2is1gold If you kept them in tubes you would not like it. But in capsules it's not an issue.
I'll take the GOLD EAGLES too.. Buffalo Gold coins will chip if you drop.... So keep incapsulated if you have them.
I have been thinking exactly that, I am switching to 24k too. I was on the fence. I’m switching over as of now, thanks to your video. Your continued guidance is appreciated. I like buffalos. I m going to complete a tube than I will consider another, maybe maple leafs. Again, 🙏
Fantastic. Good luck to you!
Great video! My biggest takeaway was that your 2021+ Britannias sold/traded fairly easily at your LCS. Glad I took a chance and started stacking them last year...one step closer to achieving my goal of world dominance 😈
I buy mainly fractional Eagles and Britannia’s and have goals for each. I’m new to this, end July 2021. I prefer 24k and liquidity, my two choices of coins explained. I love the Buffalo, I have one and would like to have more which would be easier if they were minted in fractionals. I do have two different one off fractionals mostly because they look good, are 24k, different and had lower premiums. I don’t know what my future holds related to future purchases but this is what I’m doing now. I’m sure the one off purchases will continue. Always fun seeing part of your collection.
I like that Eagles + Britts idea. Cheers!
Good information
Thanks.
Call me crazy, but I just like the 22k better. For one, most 24k is very reflective…proof, or near proof. I prefer a matte finish. Also, I like coins that look like coins, so more often, actual 19th-20th century coins (Double eagles, 100 Coronas, 50 pesos, etc). Also, the copper alloy in older coins give the gold a slightly orange glow that I love. The yellow in 24k is just not as pretty to me. I love the idea of having a very pure coin, but I just don’t like the way they are made as much.
Also the american eagle sounds much nicer than the buffalo - the "ping" sound is longer in 22k gold. I also prefer 22k coins.
hey thats cool we can like different things just like our coin collections are different :) im more of a fan of 24K gold myself
Wow, I thought I was the only one buying 3 and 4 9's fine. Great topic, pros and cons of both are to much to talk about in just one video. Thanks!
It's a big topic to me. Some people think it's a non-issue - it's all gold! 😄
@@2is1gold To diversify is to be prepared, thanks man!
I prefer 24K as well for the reasons you mentioned here. The newer sovereigns are alloyed with more copper, so they have a rose color to them which is different and almost looks like copper on comparison to one alloyed with silver and a little copper. There's something about pure gold.
Newer Sovereigns are very pink. I'm not into it. Eagles have never bugged me in terms of color, though. At least not until they sit next to a 24k coin. 🤩
Another great video. Thanks to you I started buying more gold.
Thanks!
I love the buffalos! The Maples are gorgeous coins as well.
After I complete having one of each denomination in both T1 and T2 from last year, I'm done with AGE unless a good deal pops up. It'll be Buffalos and overseas gold for me, love that .9999 gold look. Good post Brother!
Thanks!
Yeah same here. Last couple years I've restarted my gold sovereign collecting. Much more fun and many different coins can be found from several hundred years past. The history behind the coins is fascinating.
I love watching you videos, I always see something to put on my wish list. curious if you strictly buy 1 oz or do have fractional as well. me personally i love it all but my favorites are my 1.5 oz gold superleafs.
Thanks! I have a few ounces in 1/4s. I could use some more. Cheers!
Good video
Great info 👍
🤜🤛
The UK 1 oz gold coin you showed was the Royal Arms version, which being more unusual and more desirable, sells at a premium over the usual Britannia. Lovely coin.
They're very nice!
I’m just getting started in gold again. In May I bought 2 Buffaloes and 2 Maple Leafs. Previous purchases were 10oz in the 80s.
Good choices. Cheers!
Oh man its the eagles for me I love the 22k u can play with it carry if around and it holds up better being circulation gold plus the 🪙 coin is just a touch bigger but I don't like the new eagle reverse!! I try to get the older ones Awesome video brother
You couldn't talk me out of Eagles for the longest time. My guess is that I'll always have more Eagles than anything else. Cheers!
@@2is1gold do you like the new reverse though? I really don't I like the old ones thankfully there's plenty out there
Great video, thanks.
Thanks!
🤜🍻🤛
Can you make a video like once every quarter about what you’re currently buying and why? Thanks
Curious about Canadian 1 ounce gold coin with “5” 9’s in purity. The newer buyers go that way? Yes the old guard loves Kuggerands and American Eagles I.e. my brother and the fractional Swiss Francs. Thanks for discussing the 22-24 karat difference. Very informative 👏👏
The 5 9s coins from the RCM are gorgeous coins. I don’t like the assays they come in, but that can be fixed! 🔪😄
Great video. 😀My choice for for the first 3ozs. would be:
•1 oz Eagle
• Two 1/2 oz Eagles
• Four 1/4 oz Eagles
Smart.
I have a tube of Eagles, but have only purchased Britannia the past 6 months.
The Britannia are just too beautiful to pass up!
Nice!
I’m newer to stacking and just started last year. I’ve never been into a coin shop and only shop with Apmex, JM Bullion, Bullion Exchanges and SD bullion. So I ensure I’m buying from a reputable place and I always check prices against all of those sites before making a purchase. I also purchased a sigma metalytics and test every coin. I started with AGE and of course wanted one of type 1 and 2 so had to get both of those. Then got two buffalos. I then got drawn into the other mints and the fact they are 24k so I got Britannia, maple leaf, Royal arms, etc. got some fun ones too like year of the tiger stuff and a Scrooge McDuck one because it had nostalgia for me since I grew up on that show and always wanted a money bin haha. I buy whatever looks cool to me but I don’t spend way over for proofs or anything. If I’m gonna drop 2k on a coin, I go with whatever excites me. For example, I want a gold libertad but it’s 3500 and I think to myself ok I can buy almost two ounces of something else. Hopefully when 2022 libertads come out I can snag one for not too much premium.
I can relate to the thinking here and can tell you're serious about it if you've grabbed a Sigma. Good luck with the Libertads! I think I'll catch one for a deal every year but never do! 😄
@@2is1gold thanks Man! Love your videos. I’ve unsubscribed to some others who got a little annoying but yours are always on point 👌. Although Every time you flash a cool coin it makes me want it too lol. Good luck on a libertad as well. Maybe this will be our year haha. I might be willing to overpay by some. For 2500 I would prob pull the trigger. 3k or more is just hard for me psychologically!
Fun Video, Thanks
Hey, thanks!
The eagle does have a beautiful ring when you gently tap it. I like to spread it around Styles are cyclical. I have pamp bars, and love them or hate them, I love the 590 an ounce cost basis better than the 1700 basis for the eagle I have. The Perth mint coins are really the most eye catching though...
Yeah, I agree on cycles. I'll always like Eagles to sock away. If I was going harder after weight right now, I'd still probably choose them. Cheers!
I stack both I love my 22k eagles and my 24k buffalos but you are so right sometimes it’s boring just stacking eagles so you switch it up with maples, Brit’s, etc but I always come back to the eagles or buffalos at the end of the day bc they are the most liquid for us in the states! Great video bro 😎💪🏻
Yep, anything other than a Buffalo or Eagle is fun but also a side quest. Cheers!
Tell a person who has no goal that it's boring stacking 22k gold eagles, There is nothing boring about stacking gold, take about 20 1/2 ounce eagles and stack them high under white Christmas lights in a dark room, what a sight! I know 24 karat looks beautiful too but let's face face it, all gold coins are gorgeous
@@goldeneye70 you know what a mean lol stacking any precious isn’t boring it’s just nice to mix it up
@@patrioticstacker I've been in this game for almost 20 years, I love eagles, I'm an eagle man. I used to prefer 24 karat, I started out with maples and then I really started to love the mix of copper and gold and I went straight to eagles and krugers. I also have a lot of the lucky coins and lots of sovereigns. There's a reason why all sovereigns are a mix of copper and gold. I dropped a 1984 1 oz gold Maple and the Dent was horrific, if I would have dropped a one oz eagle it probably wouldn't even have dented. But anyways that's not the reasoning, I just like copper n gold mixed together, it's just a more refined look to me.
@@patrioticstacker I have a little bit of everything, my favorite 24 karat is the old brush back Maple.
My beef with the Krugerrand is the reddish hue imparted by the copper detracts from the brilliance of the gold. My understanding is that the copper makes the coins more durable. Couldn't the same benefit be had using silver to alloy the gold?
I like the look of 24 better but usually end up with a Eagle. Mostly due to LCS availability. Not a big deal to me as gold is gold.
Love your content.
Thanks!!
Hi, nice video. I totally agree and see myself in your story. My fist coin was a krugerrand because as a starter that’s the one I heard of in movies and popped up in articles I read before buying. But when it arrived I didn’t understand at first why it wasn’t shiny, I just skipped that part of info before buying I guess 😅. So next coin was the maple leaf that was more as i expected. But then when I bought the kangaroo last year wow that was incredible shiny, so I think the shiny part is so true for beginning stackers haha. But now I only look at the price and size of the coin. For example the philharmonic was to big so I sold it a couple of months later. The eagles in Holland are €100 more then let’s say kangaroo and maple leaf. So my next wil be one of those 😎👍🏻. Thanks again for the video, have a great day 🙏
Maples and Kangaroos are great choices. I'm sure they'd be at the top of my list there too. Cheers!
I own and sell both but like 24k Buffalo's much better. Thanks for the video.
Hey, thanks for watching! 🤘
Canadian Maple Leafs are on pair with American Eagles. However, Buffalo is there as well in terms of demand. As a bullion dealer most hispanic customers go to fifty pesos which is 90% in gold. however the fifty pesos are more demand and harder to find.
Something must be wrong with me, I find myself staring at your most excellent knife collection instead of the coins.
Ha!
I've been watching your videos for a good while. Aside from the subject matter gold bullion and the classic novels, I am particularly taken with the unique folding knives in your videos. I have even tried identifying them via Google Lens. Can you let me in the brand(s)?
This video has a Rockstead Higo 2 in it. I have a Higo X as well. I have a Grimsmo Norseman and a number of Chris Reeve Sebenzas and Shirogorov Quantums and F3s. The price on a lot of them is pretty gross, but any of those knives are worth it to me. Cheers!
I own nothing but ML, except for a Krugerrand and a 1922 20 Swiss Franc. I think for new stackers the 1/4 ML is a good place to start. Reasonable price and and easy to sell
I am just here to look at the shiny yellow metal. Beautiful display of gold you have there!
Thanks!
I like to diversify! 😬. My favorite government mint is probably the RCM. Perth is nice too. I also choose coins based on the design- for that reason the Buffalo is the ultimate for its obverse/ reverse. Mexican Libertad would be a second were they not so pricey. Last- the mints putting out reverse proof quality coins at competitive prices is leading me to a greater diversification.
I’d love to see an updated Eagle in 24k. The Mint can do better. Cheers!
Most of my coins are Maple leafs. They are the first I bought and the security features gave me the confidence I was getting what I paid for.
CMLs are the universal coin in my opinion. Cheers!
I even like the $5 US Commemoratives at .2417 oz. / 90%. They have the same quality as the pre 1933 coins and are affordable. I also like the 22k and 24k. I just get the best bang for the buck.
I have a preference for 9999 gold. I really like the Britannias and Perth mint products, as you know. I want my gold to look like gold, not copper. The AGE is OK, but I really don't care for the Krugs.
👋 The Krugs definitely have their own color.
Hey Lovie!
Started with 24k and I still stick to it :)
@@2is1gold btw I did end up buying my few ounces at the bottom of 1800 to follow up my comment last week
Really weird I commented before watching the video but when you said the younger folk are into the 24k I laughed because I’m young and I chose 24k from the start for all the reasons you described. Almost at 5 ounces now, all between Perth mint 1 oz bars, buffalos ,and quarter ounce maple leafs from when I first started
I'm into the 24k because of lower premiums. I picked up some Britannias last year far below the cost of eagles. An oz of gold is an oz of gold
🤜🤛
What do you think of the new Perth month gold coin bar? Dragon on one side queen $100 on the other
Still a buffalo fan too, but trying to wrap up 10 eagles before swapping back to buffalos!
Any chance you could do an episode on the capsules you use and where to get them?
I have an old one with links in the description: ua-cam.com/video/m7lSvVq3FFc/v-deo.html
Thank you! Need to get the gems out of the plastic wrapper ;)
I started buying on line in 2007 and went with the 24K from the jump. I have a few Eagles, but the premium made them less attractive than foreign mint coins.
24k all the way for me. The features, quality, and look of coins like Maples and Britannias are leading the pack IMO. I think the brit coat of arms you got there will be my next buy!
It's a gorgeous coin. Cheers!
Do you ever wonder why every sovereign of just about every country always used copper in their coinage or gold, because not only does it make the coin stronger, it also makes it so much more beautiful. The copper mixed with the gold is outstanding
Britts tudor collection is ehhh boring, Plus I wouldn't trust the Royal men as far as I can throw them. If I'm going 24 karat I'm going with the older maples which is the most beautiful 24 karat gold coin ever made
You should try Marfione Customs, the can be amazing but hard to get. Love Rockstead as well!
Don't feed my addictions!!! 😅
@@2is1gold lol we are in the same boat, metals and knives.... there is no way out, enjoy the ride :)
New to the channel. You should add a link to the knives you have on the table
UA-cam gets funny about that sometimes. This one is a Rockstead Higo 2. I named it on my first video on the other channel. ua-cam.com/video/ryXkvndG-RM/v-deo.html Cheers!
Love the Maple Leafs not crazy on Eagles.
I buy silver from mints all over the world but for me when it comes to buying gold I only buy eagles and buffalos!! Love your collection!!🤠
Hey, thanks!
Buy just 1 Brittania. They are amazing
Don't have a huge stack but the Mexican gold 20 pesos calls to me for some reason! I do love my Perth mint coins though! 😍
All Mexican gold calls to me. I need to let down the guard and grab some. Salud!
I think the year of the ox is highly underrated in its design. As far as gold purity it’s not really something I focus on as you know. I buy buffs because I can get eagles in fractional. I like the Britannia going forward.
Agreed. The Ox is fantastic. Would you buy fractional Eagles if there were fractional Buffalos?
@@2is1gold can’t we do both? There’s fractional Britannia and maples too so yes I think I would.
Between purchases I think eagles, but when it’s time to buy I always go for the buffalo. Just got the 2022 perth mint dragon, what a good lookin coin 🔥. Perth mint is the best!
Im with you. Perth is great. I go for US Mint products because there will never be a hassle if I want to sell, but Perth Mint products are a lot more fun. Cheers!
Thanks for the video. The wife comes from SE Asia. When I suggested to her buying 22 carat gold, she just turned around and said that isn't REAL gold! Hence, all our Gold is 24. tbh, I think 24 looks better, more shinier. I just wish it would get cheaper when its buy time!
Ha! That settles it then! 😄
Is it easy to resell the lunar year coins? And are they popular? I love the looks of them, but the premium is higher then i.e. eagle.
I do like the pure gold coins more, however being new to stacking gold is kinda like when I first started stacking silver. I'm just trying to get a little of everything. May purchase was my first eagle.
Looks aside, it's still the best choice in the US. Cheers!
Our central bank here in south africa buys krugerrands from the public,so im good with stacking them,i know who to sell to in the future.
I'm such a newb - stacking silver since 2019 - that I thought all gold bullion is 24K while investment jewelry is 22K. This is educational.
My faves are Eagles, Buffalos, Maples, Brits and South African. No gold bullion yet, but old gold coins.
I can confuse things further. Gold from Thailand is usually 23K and chains or gold coins in Bhat, their currency, come in different denominations sort of like American Eagles have a face value.
European gold 20 and 40 franc coins are beautiful, durable (90% AU), have a ton of history, and have low low premiums compared to newly minted bullion
Agree. More seasoned buyers tend to understand the type of coin. To the new buyers, I always recommend the Britannia or the Maples for the security features. I don't tend to reco the Eagles nor the Buffalo because in Europe, they're priced much higher than all others. I adore the 50 Mexican peso for size, handling resilience, and fun carrying around as a lucky coin or emergency coin.
I'd be grabbing the same in Europe. Perth Mint has good options too. Cheers!
I’m torn in the middle I like type 1 gold eagles at the top of my list because of the family of eagles then all other 24k gold coins then gold coins that were used as currency like the 20 swiss francs older pesos double eagles etc then at the very bottom the new type 1 gold eagles.
It seems the world trend is definitely toward 24K coins and rounds... most new mint releases, the newer sovereign bullion coins, all bars. While alloyed gold for purposes of better wear had validity for circulated coins, the current non-circulating gold doesn't need it. I wouldn't be surprised to see a slight 24K-over-alloyed premium come about in the far future on bullion coins. There's already a very slight 9999-over-999 premium on Maple Leafs... kinda strange but it exists.
The 22k Eagles and Krugs feel a bit like stubbornness. 😄
What a roller coaster the last few days have been.
Yessir!
Good morning from Texas. A few inquiries: Is there a point of contact we could enroll you? Or us your UA-cam site the only contact? I respect your privacy… but got a few questions/topics. Also.. only knowing this site… thoughts on the push for Goldbacks?” Worth the buy? Have a blessed day
Another Great Video!
I’ve been buying fractional 1/4-1/10. Eagles,then to Britannia’s and now a Maple on the way. Wish they made fractional Buffaloes 🦬.
So say we all. Fractional Buffalos would be great!
Could you please tell me the capsules you have your Canadian Maple Leafs in? Thanks in advance.
Now stacking fractional but dont like the higher prices on the coins an 1/10 is kind of small. I like the bars 5 an 10 grams. Of corse the 24 carot ( 9999 ) some day will get full ounce. Thats aways down the road. Bottom line stack what you like. Cool vid thanks for sharing
Thanks!
What's your thought process regarding which coins you keep in capsules and which ones you don't? Do you store them all in capsules and just take them out for your videos?
Most of what I have that ends up on camera is stored in a capsule - even the Eagles. A prefer a full tube of Eagles just going into a mint tube, though. Cheers!
I do like the 1 oz in 24 ct if I had the choice but my stack is dominated by 22ct gold sovereigns, there are plenty of older ones that are a beautiful gold colour, the more recent years are a bit more rose gold or copper looking which could be a pro or a con depending on the situation. At least with the modern ones they were never circulating coinage so are normally good condition whereas the real old ones were used and it takes a bit more premium to get hold of nice examples. There's a sweet spot
I would be heavy on Sovs if I lived in the UK too. Cheers!
@@2is1gold Triple figures soon ;)
I'm a fan of the 24k as I like the look. I feel like the 22k has a slightly less attractive color and feels like exactly what it's not: pure gold.
I just want to live like Smaug, safe and snug in a cave, buried in millions of pure gold coins.
HA! Don't we all.
Have we established that those coins in Smaug’s lair are 24k? Based on the rest of Tolkien’s world, it is more akin to the Middle Ages, which would mean it’s definitely not pure. But it’s also fantasy, so who knows. I think Stephen Colbert needs to weigh in on this.
I agree the 24K coins are just prettier. Not just because they have a pure gold shine, unlike the rather plain Kruggerrand, but also because their designs are just so pretty and detailed, and I really love these super hard laser engraving security features
With some countries hitting you with a value added tax on 22k it only makes sense to stack your country of origin’s 22k coin only being they aren’t taxed in your country. 24k is tax free internationally so it makes the most sense to have 2/3rds of your stack 24k. Like the silver folks call junk silver sometimes, “Spending Silver”. 90% silver or 999.9 silver. It’s all about utility and purpose. Diversifying is wise but don’t get to heavy into something that is potentially punitive.
Cheers 🥃
We’ll put. 🤜🥃🥃🤛
Interesting information that I didn't know about Eagles being considered as not real gold and taxed differently in Canada.
“Scrap gold”. 😅
Geeze. That's hard to believe. However, I read somewhere a few months ago that it's much more difficult (costly) to seoerate the Ag and Cu from the the Au than one would think.
When it comes to selling gold eagles, at what point does it cause a write up to the IRS? Does it apply the same with buffaloes?
I love the 24k the most, its purity and color just scream to be mine!
One day I hope to have Maples and Buffalos in abundance!
Great job teaching folks!
🤜🤛
Before my accident I had a variety. The best stuff is from Perth, IMO. It is just SO pretty! I bought ASEs for under $400, you know I'm old. I had to sell it all to pay the Dr. bills.🤕
Subscribed. I don't care about looks at all, just trying to learn to have a small amount in an asset.
🤜🤛
Thank you and the rest of the responsible community for the excess warnings of the silver raid. Your words rang in my ears preventing an impulse buy
Yeah, not trying to be a fun hater. I get the thrill of the hunt. That channel personality just tends to grease his message a bit too much. Hope you're well!
I didnt contemplate the security features being important when selling to novices. I invested in testing equipment long ago so those features are less important to me when buying. A good tip and much appreciated.
🤜🤛
0:00 🤔 Choosing between 22 karat and 24 karat gold coins involves considering aesthetics, popularity, and potential tax implications.
5:42 📊 Popular gold bullion coins like American Gold Eagles and South African Krugerrands are 22 karat, but preferences may vary based on region and buyer demographics.
7:56 🛡 Newer buyers may prefer 24 karat coins for their aesthetics and security features, while older buyers may stick to 22 karat coins due to familiarity and availability.
8:09 💼 Security features, tax implications, and personal preferences play a significant role in determining whether to invest in 22 karat or 24 karat gold coins.
8:55 💰 Despite differences, both 22 karat and 24 karat gold coins remain valuable investments, with individual preferences influencing purchasing decisions.
Pretty and popular are fine for collectors and numismatics, but I actually focus on bullion first, then looks. I look at the premiums for the pretty and popular coins, and it just overwhelms the intrinsic value of the bullion alone. Like buying a pretty vehicle, if it's junk inside, but the markup is for the looks and label, I'll take the sound car and save a few bucks. That means more left over to pick up other precious metals or investments.
What do you typically go for?
@@2is1gold I tend to go for bars, Britannia's, Maple Leafs and a few of the Perth Mint rounds. Next on the list may be the cambibars. They seem a good addition for an emergency pack.
Keep up the great content. I enjoy catching them as time permits, and always very enlightening.
So hard to choose between the two. I like them both a lot.
Hey! I just realized you have a 2021 lunar ox! Where did you get that? I’m on the prowl for that…
I found it locally. I don't know what happened, though. APMEX had two on the site the same day. They're gone now, but I'd say set up some alerts. Cheers!
I just purchased my first 24k gold Britannia, is there a difference between capsules?
Maples all the way for me. Going to get one of the RCM five 9's from the "call of the wild" series at the end of the month though.
Nice! 🤩
I've got the 1/10 oz Cougar call of the wild. It's amazing. Would love the full ounce.
@@rustyshackleford2719 Nice, love hearing good feedback on them, I like the moose so I'm gonna try for that one. I haven't saw them in less then an oz, that's why I have to wait till the end of the month but will be worth the wait.
@@buckmusky2201 For me the Cougar is the 1 ounce I most want. A beautiful animal that's very underrepresented on coinage. I see the appeal of the moose coin. It definitely says Canada and would be my second choice in that series.
I'm not a coin collector so 24k to me means more value because you wont have to refine any farther to get the purity. I'm into gold and silver for the metal. That's another reason why I like generic silver rounds over constitutional. And yes I'm new!
🤜🤛
I like one Oz of gold at an inexpensive price. AGEs are too pricey. Buffalos follow, but I did pick up a Buffalo awhile back, as a treat to myself. Really good deal. I have multiple of all the major sovereign mints, except the Philharmonic. To me, what has the lower premium at the time I am ready to purchase, gets the nod. My last was 3 🍁 🍁 🍁
Can’t go wrong with a 🍁!
Another aspect is the ability to move gold across borders. Many countries have rules for investment grade precious metals to have no or favorable tax. IPM are usually high purity coins. The EU has 90% threshold I believe and Singapore for example has 99.5%. I am no expert in this but generally speaking higher purity seems to be more likely to be exempted.
My first one is coming today!!
Nice!
I don't necessarily have a preference either way... I think that the American Gold Eagles are beautiful, however, the Canadian Gold Maple Leaf is just in a class of its own.
I bought Eagles up until 2006. Once the Buffalo was introduced, I switched to Buffalos (mainly) and some foreign 24K.