Finding Low Premium Gold Coins

If you're looking for low premium gold coins, you don't have to settle for old, 22K European coins. You might actually have better luck talking to your local coin shop to find certain modern, government-backed gold coins for far less.

This video covers the topic of finding the lowest premium gold and takes a close look at the American Liberty 225th Anniversary Gold Coin.

NOTE: I am not a financial planner. I'm just a guy on the internet, talking about precious metals. Always do your own research before buying gold or silver.

[Dreadnought]

Great channel....you have the perfect voice for a channel, precise, clear with great tone 👍

[goit]

Maple Leafs Are the way to go. Less premium and easier resell

[TalkingBullion]

Nice pickup. I’ve been picking up the gold Commemorative’s which no one seems to like for close to spot on EBay. It’s a good way to stack as long as you realize that you are probably only getting spot back when you sell them (at least to an LCS) even in the OGP. Thanks.

[russellnentwich]

The coin never really took off. I remember reading the comments when the mint was asking people what they thought about the different designs. The comments did not favor any of them. Most people seemed to see it as a political SJW attempt at moral posturing, and not a sincere statement.

[jianjieyap]

Our local coin shops are smart. Anything not moving, they will organize an auction, and it will definitely be way above spot.

[jenette]

Ooohh, your American Liberty, my favorite coin. Did find a 1/10 oz, love her. Been looking for the silver, ones I found are really spendy. Nice pick up

[andrewn]

I thanks for the videos. I am based in the UK and just getting in to gold and they are really useful. I have to ask, where do you get your coin capsules from? I just took delivery of my first 1oz 2021 G Britannia so keen to keep it in good condition. Thanks and I have subscribed.

[bostonstacker]

This is a good tip haha 😂 sometimes these “premium” coins are sold near melt because most average people don’t care for them. Good for us accumulating haha

[thomascrown]

One strategy I'm using to avoid the high premiums is to buy $GLD and do a 1031 exchange into physical bullion once the premiums come back to earth. The only physical bullion I've been accumulating currently is platinum.

[headbanger]

Late to the comments here but how about the Mexican 50 pesos? At 1.2 oz of gold they seem to be offered at very low premiums...

[jamescheek]

SD Bullion has a good deal right now on tenth ounce gold Philharmonics. I haven't looked at the tenth ounce coins much bc of the higher premiums, but the price on these caught my eye so I did the math; they're only 10% over spot! I wish I would have noticed sooner 😅 but I wanted to share it here.

[glenh]

Really good information. You are very lucky to have bought the high-relief coin for 80 bucks over spot. I live in Central America and only buy Eagles, Maples or Kruggerands. I am really narrow in my gold coin needs. I wouldn't buy a rooster. Liquidity is a primary concern. The coins go into a private vault box right after purchase and I never touch the coin again until its time to sell. I have no love for gold. Its there for emergency's and also for savings. Only. For now, I am waiting for a dip and when it comes I will buy 2 more Kruggerands. They do the job and will be there when I need them later. By the way, gold has higher premiums where I live. We have to pay for transportation and import taxes. Its still worth it because gold has no reporting requirements. Its the last asset we can own outside of the US that gives us complete privacy. Its a must own asset.

[chrisstrobel]

So what if you live in Canada .. is Canadian Royal Mint stuff going to be easier to sell .. or is U.S.A stuff easier to sell in Canada too?

[ASMRPeople]

I have to agree the commeritives seem to be some of the cheapest. I bought a few of the 86 Olympic gold coins pretty cheap. It was back when you could get Ebay bucks promotions and use cash back cards so I paid well below spot, but as I recall the base price was something like 2% over spot. Granted you get a weird amount of gold 0.4848 ounces. When investing in a coin I like to seperate out the price from melt. So if melt is 1900 and you pay 2000, you invested 1900 in gold and 100 in coin premiums. That's not to say it's bad to invest in premiums. In the last year silver has double, but as premiums have tripled.

[Johnsmith]

I must not have a good relationship with my lcs because I always find better deals online than what they offer.

[gsquare]

I don't understand why you dislike $5 US gold commemorative coins because they have 0.24187 oz. of gold. They have the same size, gold amount/purity, and face value of the coins minted in the US when gold half eagles actually circulated. Why anyone would buy less familiar euro coins with really odd gold amounts doesn't make sense.

[williamjver]

Do you think it would be better to wait for the new U.S. mint 2021 that will have some sort of stamp or marking on it for security purposes

[nigelbenz]

That anniversary coin is stunning! totally worth the premium

[Zaycream]

Very awesome score! haven't bought one yet because of the prices I have found so far.. but I will eventually lol and hopefully in some situation like yours. Maybe if I could find a smaller denomination I would grab that but nothing like that full 1 oz size to enjoy the design, relief, and luster.

[CallMeMang]

Hi, I gotta ask. Is there some side to things I’m not understanding when I find coins on ebay sold from well known distributors for these local prices everyone speaks of? Like you can get a krugerrand for $70 over spot on ebay, or a maple for 80-90 over spot right now and britannia’s for like 110 over spot. I am able to find coins on ebay for the equivalent prices you’d pay with wire transfer prices on apmex without a problem. Is there some catch I’m not getting? Same deal on ebay… no tax, no shipping, no insurance on 1oz coins so what am I missing? Yes, the direct websites of these distributors offer more pop up deals but overall I’m unclear otherwise why everyone says you’re getting a better deal at your LCS. The most significant reason to have a relationship locally seems to be if your preference is paying cash, which I can totally understand but if you’re gonna buy online, I’ve yet to see why buying on ebay is so unadvisable. Could you explain this to me?