I want to start collecting Gold but I seen a 1/10 ounce in a coin shop many years ago which was too small for me. I wish the Mint would add like 10 percent copper to make the coins bigger. So I'm thinking of picking up 1/4 ounce gold instead.
I never bought one.. I won one in last years CoinTalk contest! I love to show off my 1/10 ounce 2014 Gold Eagle! Still my only gold coin (Looks bigger only because I held it closer to the camera)
Too small because...? I buy what I can afford at the lowest premium I can find. Sometimes I pick up two or three 1/10's because they are cheaper /oz. than 1/4.
Factual content aside, even if the size was increased 10% (which I think is what you're suggesting), it wouldn't make that much of a difference in overall size; they would still be very small, but after all, they're also supposed to be. It it bothers you that much, stepping up would be the obvious choice.
The alternative looks horrible. I have some Russian ballerina gold struck I believe in 1990. Its like half gold, half copper. Sure, it gives you a bigger coin, but it looks like its copper. I bought them off someone who did in fact think they were copper coins. I showed him where it shows the AG purity and paid him the proper price, (he is a coworker). So, there is only so far they can "stretch" gold before it does not look like gold anymore. Best solution is to keep saving and buy a larger piece.
I still remember that contest, it was a lot of fun! I was happy to see that you won If you think that the 1/10 gold coins are tiny you should see my only gold coin. An 1870 1/4 dollar Cal. Gold coin. I found it along with some Cal. Gold Tokens inside an abandoned 1950's truck on some of my family's property, which is a huge 100 acre farm house. Nobody recognized the coin and let me keep it. I remember finding a few plated brass Cal. Gold tokens, along with a real one. Unfortunately I dropped one right after finding it, I think it was a brass token though . I'm guessing 1/4 Dollar Cal. Gold Token makes a 1/10 ounce gold coin look like a double eagle.
It would still be small because of the weight and gold content. I'd forget the size factor and look at cost per ounce for 1/10, 1/4, 1/2 and 1 oz. You'll find quite a difference in pricing. At the current pricing, a 1 oz. is going for $1174.59 while a 1/10 is going for $127.34. Do the math, 10 1/10 oz. is going to cost $1273.40, almost $100.00 more. Yes, I know the cost may be a factor but in the end you are better off saving up to buy the larger one, be it a 1/4, 1/2 or 1 oz. Best wishes.
i'd rather have the smaller coin with the finer grade of gold than the same coin but larger with a lesser grade of gold......
I have thought the same with them being so small,like it wasn't real or worth anything. But I guess gold is gold
I bought a 1/10 oz gold eagle & 1/10 oz platinum eagle coin about 15-20 years ago. I couldn't afford the larger coins and as a coin collector I wanted to be able to say that I did own a gold/platinum coin. That being said the coins are about the size of a dime. Small yes but glad I got them!!
Yes too small for sure BUT gold is gold so if it sells for spot or less all in then I'm a buyer. Problem is they rarly go for anywhere close to spot. Buying bigger usually equals a better overall deal. Oddly enough though I wear a civil war $1 gold love token on a 14k italian chain and love it. Pun intended lol
I was surprised how small they are. But I don't think they are TOO small, almost but a dime size is about the limit.
I don't find the 1/10 AGE too small at all. In fact, I would like to see a 1/20. I already have quite a few 1/20 Australian mint coins. Premium doesn't both me as you are almost certain to get a back when you sell. There is nothing wrong with the larger sizes and I do have some. But to me diversity is important and having some each of 1/20, 1/10, 1/4, 1/2 and 1 gives me more flexibility if I want to sell.
Generally speaking you will get your gold premiums back, because there is more demand for smaller coins due to affordability. That's not a foregone conclusion however. I started out with 1/10ths and even a few 1/20ths (love me some lunars), but have inevitably gravitated toward 1/4ths which are competetively priced as compared to 1/2ths relatively. I don't bother with 1/10ths anymore, but I am glad that I have them for divisibility.
All about affordability ! I,am trying to Hold out and start my gold investing with a 1oz Gold Krugerrand but its tough ! so many irons in the fire..LOL