Search results for "9fbfbaeec6321b287b45cc136255315b" in md5 (3)

/biz/ - /pmg/ - Precious Metals General
Anonymous No.60907077
>>60907068
/biz/ - /pmg/ - Precious Metals General
Anonymous No.60905055
>>60904962
>Why do they not just make affordable gold fractionals?
Aside from the metal cost, it really costs a fortune to do make the coins, and small coins take the same work, or even more in some cases as the larger 1oz coins.

The practical problem is that gold is extremely valuable per volume. Picrel two gold coins, one smaller than a nickel, the other smaller than a dime at todays prices cost over $1800CAD. Imagine trying to keep track of 1400 nickels and $550 dimes.

We bought the 1/4 oz last week for $1340CAD.
/biz/ - Thread 60894231
Anonymous No.60896344
>>60896163
>Normies are not getting priced out of buying gold. Normies could care less about gold. They see it as useless. They want to buy cars and houses and other shit. Most zoomers probably wouldn't even know what a gold coin or bar is.
Your statement is accurate as of today.

>Normies can buy fractional bars at spot on a regular basis. 1/10 ounce coins can be had for $390, 5 gram bars are 600 USD and 10 Gram bars are 1100 USD.
This is all true, and I'm sure you know how small these gold pieces are. Yesterday we bought a 1/4 oz gold Maple, (we already have full size ones) and I was shocked to see it's smaller and thinner than a nickel and cost $1350CDN. Additionally, the premiums per gram go up the smaller the size coin. It CAN be done, and some people will do it, but many will opt to go with silver, just because you have something a little more tangible to hold.

Picrel, Canadian nickel, dime and US nickel along with a 1/10 oz and 1/4 oz Maples.

Canadian nickels and US nickels are exactly the same diameter, (within 1/100 mm) the size difference is an optical illusion.