What's crackin people? Today I'm gonna show you some 1/10 oz gold coins. These can be had relatively cheap and are a good way to get into buying gold.
These pieces weight a bit over 3 grams of gold. You can expect to pay $10-20 above the spot price on these which to many may seem to make them a poor investment. What I've found is u can get a bit better than spot back during resale and ofcourse gold should continue to gain value over time negating that cost. Stackers are the original hodlers
Aside from being tied to gold's spot price some of these pieces appreciate over time on the collector market. A good example of this are with the Australian Lunar coins. These are now worth far more than I paid for them initially
1/10 gold pieces are considered "fractional gold" Anytime you break down from 1 oz it's considered a fraction of the standard 1 oz weight.
Many countries mint 1/10 oz gold coins. Some I've managed to acquire are from Canada, USA, South Africa, Australia, Austria, South Korea, Mexico, Great Britain and China
Another bonus to buying fractional gold is you can have many different pieces rather than buying just one 1 oz coin. They're fun to collect and look at too
Also there's a bigger market for smaller gold pieces as more people can afford to buy them
I started out stacking silver and then I'd buy a 1/10 gold piece here and there until I got over an oz. That's a great feeling for any stacker and it shows how steady accumulation adds up.
I pretty much save up and buy larger gold coins now but I still have love for 1/10's and will buy em as I find em for a decent price.. or if there are any cool newer ones I just have to have. I'm more of a collector than stacker perhaps?
Thanks for checking out some of my smaller gold coins. Keep stacking that shit and trading worthless fiat for things of value. For me that's gold, silver, cryptos and rare beanie babies 😁