Half gram gold. Can that be popular?.

the traditional 5 to 10 gram gold is quite popular. but today. the gold went up to around $1,000.00 per ounce more or less. people can still buy gold at a lower price thru half gram to one gram. can that be popular among us, the coin collectors. what is your opinion?.

i heard many area around the world gonna promote the half gram gold. either in coin or in retangular shape. like the credit suisse.

 

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I don't think so. The premium would probably be higher and it would be cheaper to just get quarter, half and full ounces. May be popular for some with little $$ to get into gold though.

 

I would think the coin would be too small to be collectable; unless it was mixed with a high percentage of a base metal.

 

$1,000 an ounce today?

Is that in Mexican Pesos? (They also use the $ sign).

 

1/20 ounce of gold equal 1.54 gram. the chinese panda gold have it. 1/20 oz of gold coin.

1/30 ounce of gold equal 1 gram. (est.) the credit suisse gold have it. one gram of gold in rectangle shape.

1/60 ounce of gold equal 1/2 gram. (est.) wow. it was really a very tiny coin or bar.

 

can anyone post sample of one gram credit suisse rectangular shape gold bar?.

 

http://www.cmi-gold-silver.com/i/bars/1ozgoldbar.jpg

 

I had 2 of the Credit Suisse 1-gram gold bars that I bought 3 weeks ago. Unfortunately, I sold them 2 weeks ago to another dealer who was interested.

 

how big could a one gram ingot of gold be???

a quarter or a fifth of the size of a postage stamp? Perhaps smaller?

at that point the cost of minting it and distributing it must make up the bulk of the retail price of the darn thing.

doesn't make a lot of sense to me. either save up for a real chunck of gold or buy silver.

 

1.24 grams

This is my only foreign gold coin that I own. Spock convinced to get this last year. At first I thought it was a waste of money but it has grown on me and I am glad that I bought it. This is a small coin..... its so cute! LOL! I forgot to jot down the diameter but its smaller than a dime. I can't imagine going any smaller than this.

 

Here is a link to an article in India about half gram gold bars:
http://www.business-standard.com/india/news/half-gram-gold-coins-may-becomehot-pick/354710/

The people of India are big buyers of gold for all sorts of traditional reasons.

(I got this link from the coinflation website.)

 

Yesterday at 12 was the highest in a few days at 900USD where did you get 1k ?

 

half gram is equal to 0.018 ounce. since 0.100 ounce is selling at $150.00 right now. or $1,500.00 per ounce to be exact. the 0.018 ounce is only about 1/5 of $150.00. the gold value will then be $27.00. but will they sell at that price. the answer is no. the 0.018 ounce or half gram will then selling at $50.00 each or more. that means $4,277.78 or more per ounce. will people buy it. the answer right now is yes. selling like hot cake. but in u.s.a. can that happen. i don't know and i don't think so. time will tell.

p.s. the labor cost plus production cost. shipping and storage cost. and lastly mark up for all the parties involved. if one ounce cost you $50.00. the half gram will cost you more or less $50.00 too.

 

Check your math again. There are 31.1 grams in a troy ounce, so to convert a half gram into ounces, you divide 1 by 31.1 (to find the fractional number of ounces in a gram), then divide that number by 2, and you will get approximately 0.0162. So one half gram is approximately 0.0162 ounces. Then multiply that number by $900 (the approximate price of an ounce of gold today), and you get a current gold value of only about $14.58 for a half gram.

 

My son bought a 1 gram gold bar (if thats what you can call it!) at a coin show over the winter. I believe he paid $35 for it. He was thrilled to be able to own gold at his age on his budget.

 

o.k. my mistake. the price of half gram based on spot gold is $14.58. then the half gram should be selling at least $30.00 or more each. or $1,866.00 per ounce or more.

 

The first gold coin I ever owned was a Mexican Maximilian token that I bought in 1968 for $1.75. I don't think it even had a half gram of gold in it. But I was also thrilled to be able to own gold at my age (8) on my budget.

 

at $35.00 a gram. that's is pretty cheap. you are lucky.

 

http://lynncoins.com/1gmstatue9.jpg

 

are you guys gonna collect the bullion by the gram?.