You can’t even buy a 1/2 oz. AGE for $1247 these days.

I agree with that which is why I’ve paused my AGE purchases from the mint. It just doesn’t make sense to me to pay their extreme premium fees for a gold coin. I have more than enough gold coins in my vault to satisfy my gold tooth, and besides, there are quicker ways to make money than buying precious metals. In addition to the fractional Buffalo’s, I also have the RP Buffalo’s and the UHR 2009 AGE. These also appear to deviate from spot pricing. For the record, I’ve never sold a single coin in my possession, although I have gifted a few.

I love simplicity…thanks, Kaiser.

Yes Kaiser, and you have described me perfectly in that sense. On the other hand, and since I’ve been there personally long ago, is to somehow think that it’s smart to buy bullion on the parabolic uptic(March–now), rather than buying on the downturns. The psychology of FOMO is interesting indeed.
Lucky/instinctively for me timing wise, I was able to back the truck up during the flatness of mid Jan for a future margin call(well, not the truck exactly, but 40 lbs is a fair guess)…

The only problem is Kaiser, is that some of “them” will call “you” out for not being ID’d with “their” proper pronoun that “they” have made up from thin air.

The 2008’s and their fractionals would be exempt. Everything follows spot to some degree though.

Mint gold proofs will have to be sold relative to bullion spot prices. I think collector value is gone.

Yes VinnieC,
Those 2016 Perth bullion Kangaroos were a bargain compared to today’s market. Silver spot was down a lot in ’15 & ’16. I’ve heard of the Sunset series before.
I think I would like the RAM offerings more than Perth any way? Perth does a bunch of colorized animal stuff that I don’t prefer(my novice opinion). I did have a couple of ‘Cow’ colorized 1/4 oz coins years ago!
The last of my Perth goodies seen below. 3 humble little 1/10 ozers!
PS: You’ll turn a profit on those coins someday. Or your very lucky beneficiaries will!

Rick,
There are al least 3 different Kangaroo series. The one you sold was the kangaroo bullion from the Perth Mint. There is the annual Kangaroo series from the Royal Australian Mint which is is a numismatic coin and is of limited mintage. They come in Proof, Frosted Unc. and sometimes selectively plated. There is a different reverse (kangaroo) design every year. It is sort of like a cross between a US Mint commemorative and an American Silver Eagle (the non-bullion ones). Then the Royal Mint has the occasional Kangaroo at Sunset series (sometimes gold sometimes silver. To add to the confusion the Perth Mint has added some limited edition kangaroo sometimes proof and some alternate bullion designs. I can’t figure out if the other Perth Mint coins are a series or not.

Anyway have a few Perth Mint standard bullion Kangaroos, but mainly I’ve been going after some of the the Royal Australian Mint annual numismatic series which can sell a little or a lot on the secondary market, but cause they are very limited in mintage but also very limited in demand. There is quite the premium over melt for this series. I have no expectation of turning a profit.

Is that all confusing or what?! I’ve crossed over series a few times because I was confused. 🙂

VinnieC,
I could’ve saved you a Kangaroo!?!
Some good designs from our friends down there. $40 bucks sounds about right for those comems. Since I’m an auctioneer(bidding )with my bullion, and those commems were included it’s no wonder that they sold for spot.
ASE’s get the highest bang premium wise for obvious reasons. People are scooping up auction bullion like crazy. For whatever reason, they just love those cheap bars from APX or Silvertowne! Interestingly, they are even more rabbid when spot is climbing…