But how's the availability, will the Mint establish purchasing limits, and I guess the top question in my mind, is the 30-ish percent premium worth it? Granted, I own statistically insignificant amounts of gold (right now about 2.5 grams of 14K), but this much of a premium over spot just seems a little high.
quote:I agree; they're asking 1189 for 1 toz; limit 1 per. I was looking for a mintage limitation but can't find that.
Yeah its really high premium on it 335 odd dollars the other day...I read somewhere where it weighs aprox. 1.0001 ounce of pure gold.. As far as mintages you are not gonna have any set mintage from what i understand... They are gonna make as many as demand is wanting.. and if the dont sell out i hear they will continue in to next year... here are a couple of links to the CCF with people talking about it... You must be logged in to see this link. You must be logged in to see this link.
Daviscfad, after looking at the replies on those links, I would think that not many people on that board are after just straight bullion, and given the state of the economy and the apparent direction a la Zimbabwe that we're heading, I can't see why anyone would pay that kind of premium on bullion unless they're really rich and really bored.
Article: Mint discourages Au ownership
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Posted - 01/23/2009 : 22:23:07
