SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Ramsey Su who wrote (43999)12/29/2003 8:29:03 AM
From: Condor  Respond to of 74559
 
Hi Ramsey,

It is my belief that just like any manufactured product price varies. The Canadian mint chooses to sell a smidge cheaper than the US mint.
It may be a reflection of production costs and marketability I assume not to mention currency fluctuations and disparity.
You see the coins sell at premium eg: bullion is $ 415/oz. and coins are $435.
Personally I always thought bars and wafers more logical as an investment/protection unless you're a coin collector. Why pay a premium?
It may be argued that the coins are more readily exchangable as currency.
Personally, I wouldn't want to accept any form of gold without major verification. It strikes me they are sooooo easy to counterfeit.

Cheers

C