September 22, 2010
What’s the Best Gold Coin to buy? Maple Leaf, Krugerrand or British Sovereign?
Filed under Krugerrand Gold Coins by on Sep 22nd, 2010. Comment.
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Filed under Krugerrand Gold Coins by admin on Sep 22nd, 2010. Comment.
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Comments on What’s the Best Gold Coin to buy? Maple Leaf, Krugerrand or British Sovereign?
the one with the lowest margin above spot
The Krugerrand has 1 oz. of pure gold in the form of a gold alloy. The Maple Leaf has 1 oz. of pure gold and doesn’t wear as well. Both have the same amount of gold so buy the one that has the lowest premium over the spot price of gold. The Maple Leaf also comes in smaller sizes if you can’t afford to buy an oz at a time although the smaller sizes will have a little larger premium. The modern British Sovereign is measured in grains not ounces so be sure you understand exactly how much gold your buying for the price. Generally the Sovereign is less available in the U. S. and has a higher premium than the other two.
Maple Leaf.