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Buying Gold Coins In US

Discussion in 'Jewelry & Accessories' started by Dolly_Lite, Jun 5, 2008.

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  1. Jun 5, 2008 #1
    Dolly_Lite

    Dolly_Lite Bronze IL'ite

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    Hi ILites,

    I have heard that we can buy gold coins in US and when we go to India we can use it to make jewellery. Has anyone purchased gold coins in US. What is the rate of it?

    Thanks
    Dolly
     
    Dolly_Lite, Jun 5, 2008
    Dolly_Lite, Jun 5, 2008
    #1
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  2. Jun 5, 2008 #2
    mangaii

    mangaii Finest Post Winner

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    mangaii, Jun 5, 2008
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  3. Jun 6, 2008 #3
    dweepa

    dweepa New IL'ite

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    hello mangai
    I have a doubt.I saw different types of coins selling in that website.
    which one is best for our Indian jewellery.
    Austrian Philharmonic & Pamp Sussine are in yellowish gold which looks good for jewellery & the rest r in reddish gold.
    So can any one clarify my doubt plz..........
     
    Last edited: Jun 6, 2008
    dweepa, Jun 6, 2008
    dweepa, Jun 6, 2008
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  4. Jun 6, 2008 #4
    mangaii

    mangaii Finest Post Winner

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    Hi Dwepa,
    I buy American Eagle.I have never done jewellery from the coin.I buy them for investemnt purpose.
    Thanks
    Mangai
     
    mangaii, Jun 6, 2008
    mangaii, Jun 6, 2008
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  5. Jun 6, 2008 #5
    dweepa

    dweepa New IL'ite

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    thanks for the reply mangai.
    can anyone clear mydoubt.
     
    dweepa, Jun 6, 2008
    dweepa, Jun 6, 2008
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  6. Jun 6, 2008 #6
    shine82

    shine82 New IL'ite

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    Hi

    I have question regarding buying gold coins in US. would this gold be honoured by jewelers in India ? Also the banks that offer gold coins in India say that they wouldnt buy it back. so gold bought in US, would that be accepted in India.

    What are the making charges of this gold coin, so that we know how much would get cut, if we go and sell it.

    Take care & Shine
     
    shine82, Jun 6, 2008
    shine82, Jun 6, 2008
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  7. Jun 6, 2008 #7
    dweepa

    dweepa New IL'ite

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    hi
    last time when I went to India we gave our coin in the jewellery shop for making an ornament.
    gold biscuit contains 31.2 gms & the jewellery people will add 4 gms of other metal(raagi),so totally we get 35.2gms of gold.or else if we want to sell them,they will give extra 2000/- + gold rate fot the biscuit on that day.
     
    Last edited: Jun 6, 2008
    dweepa, Jun 6, 2008
    dweepa, Jun 6, 2008
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  8. Jun 24, 2008 #8
    manjulats

    manjulats Silver IL'ite

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    I have purchased Credit Suisse Gold bars and Canadian maple leaf from jewellery store in NJ(Aabhushan).Aabhushan has a branch in Ohio too.I haven't made any jewllery from them but sold to buy a jewellery from GRT.

    How far is ajpm reliable?I heard that shipping is not fast and they don't respond by phone and only by emails!!!
     
    manjulats, Jun 24, 2008
    manjulats, Jun 24, 2008
    #8
  9. Jun 30, 2008 #9
    sunj

    sunj New IL'ite

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    Hi Manjulats,

    I have bought from ajpm, they are reliable. But i got the coin only after 30+(working days), they are really v slow in processing and doesn't encourage calls or mails. Please go thro' the terms and conditions (which change often) before placing an order.

    Regards
    Sun
     
    Last edited: Jun 30, 2008
    sunj, Jun 30, 2008
    sunj, Jun 30, 2008
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  10. Jul 1, 2008 #10
    chocolate

    chocolate Platinum IL'ite

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    Mangai ,if its not too much to ask,How can Gold coins be an investment.I asked my family jeweler in India ,he said it wudnt make a difference bringing gold coins from US. Also with Gold prices reaching the roof how wud it be an investment.
     
    chocolate, Jul 1, 2008
    chocolate, Jul 1, 2008
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