Purchasing bullion coins in Hong Kong?

July 6, 2011 · Posted in Buying Krugerrand Coins · Comment 

Question by Voyager: Purchasing bullion coins in Hong Kong?
Where can I purchase bullion coins such as the Krugerrand, Canadian Maple, American Eagle or Australia nugget or gold bars such as Credit Suisse or PAMP in Hong Kong? So far, I have seen dozens of Chow Tai Fook shops, but they are only able to offer Chinese biscuit bars which I am not keen on. Could someone tell me the exact branch or address of a gold dealer who sells these? Thanks.

Best answer:

Answer by eaglesonaperch
You may have to settle for the Chinese bars...you could have them melted somewhere if you just want the bullion.

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Why would somebody have a box full of gold coins?

June 24, 2011 · Posted in Buying Krugerrand Coins · 2 Comments 

Question by R: Why would somebody have a box full of gold coins?
He gave me one. Says it's a "Krugerrand". He has a LOT of them. I assume the only reason he still has them is because no body's willing to steal from a guy that used to be Russian Special-Forces.
What's the point of it though? I mean... Why would somebody want them? Also, how much is it worth, and where could I get rid of one?
He's not a spy. It's a small town with nothing going on within 2 provinces (Canadian, by the way).

I also like the idea of having $ 1300 sitting in my pocket.

Best answer:

Answer by Wiz
ROFLMAO!!! They are worth about $ 1300 each. People keep them because they are good no matter what the value of the dollar is and when the dollar goes down, their value goes up. Krugerrand's are an ounce of pure gold. You can sell them at any reputable coin shop. However, if you hold on to it, it could reach $ 2000 in another 6 months to a year. Google gold prices. They are a hedge against inflation.

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