Coronation Gold Coin

[Bazile]

Have you all reserved your coin yet .

Only 5999 will be minted , so you had better. get in quick .

I wouldn't want anyone to miss out

[ToraToraTora]

a kilo of gold is about £50k at todays price, poor investment.

[barry1010]

Oh poo! Tis sold out

[ynnafymmi]

Looks like Peter Murrell beat you to it,barry....

[Bazile]

//1kg Gold Proof Coin//

So what does that mean ?

If I was buying that coin I would need to know how much pure gold is in the coin

[William51]

Bazile, a proof coin means it was struck to have no marks or flaws in it.

[barry1010]

It clearly states it contains 999 gold, as pure as it can get. It is 24 carat

[ToraToraTora]

baz: "If I was buying that coin I would need to know how much pure gold is in the coin " - it says in the link 999 thousands pure. Scrap price is approx £50k, hard to imagine that £27k on top for the collectability is a good investment. Well in 100years, maybe. Gold would have to increase over 50% in value to break even. Better off just buy bullion if investment is the idea.

[Bazile]

Ok thanks Barry - I didn't know that 999 meant 24 carat .

Yep tora -doesn't look like a good investment

[barry1010]

As there are only 15 my guess is they will be sold very quickly to Americans and Chinese who are nutty about this sort of thing

[Bazile]

The Chinese are also nutty about Jade .