I’ve always stuck to full one-ounce coins, but once upon a time Mark Leavy wrote
One time when I bought a couple of ounces, the vendor ran out of 1 ounce coins and gave me multiple 1/2 ounce Eagles ($25 face) instead. These coins are the same size as quarters. That's pretty useful for a thin money belt that frequently passes through TSA...
dualstow wrote: ↑Thu Jun 27, 2024 1:37 pm
I’ve always stuck to full one-ounce coins, but once upon a time Mark Leavy wrote
One time when I bought a couple of ounces, the vendor ran out of 1 ounce coins and gave me multiple 1/2 ounce Eagles ($25 face) instead. These coins are the same size as quarters. That's pretty useful for a thin money belt that frequently passes through TSA...
Took me forever to find that quote. I searched for quarter ounce and wound up with Mark’s recipe for something which includes a 1/4 oz of dark rum.
The markup on fractional is unpleasantly high, but the ½ and 1/4 ounce size of these popular bullion coins are just beautiful.
Periodically a dealership might have a high number of fractionals dumped upon them and run a 'special' offer to reduce down the number quickly i.e. offer at markups similar to or even below 1 ounce coin markups or be prepared to do a direct swap of two ½'s for a ounce coin. When you can acquire some fractionals at such price levels its worthwhile doing so IMO, opens up a wider market of potential buyers if/when you might sell singles.
Ah, that’s good to know, Seajay. I wonder if that’s what happened in Mark’s. I doubt he would have accepted a higher markup as he was looking to buy full ounces, and I was wondering about that.
Abd here you stand no taller than the grass sees
And should you really chase so hard /The truth of sport plays rings around you
dualstow wrote: ↑Fri Jun 28, 2024 2:23 pm
Agreed, although I once felt that way about all fractional coins, so who knows what the future brings
Some coins have 1/25 oz versions.
If you want fractional units that small, I'd prefer Goldbacks to coins/rounds.
The journey of a thousand miles begins with a single step. -Lao Tzu
I remember reading about those when they were mentioned here a while ago. Paper with gold on it, right?
Pretty cool.
I’m sticking with coins, and mostly full ounces.
Abd here you stand no taller than the grass sees
And should you really chase so hard /The truth of sport plays rings around you
