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Old 28.07.2008, 16:52
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GOLD - Int'l recognition of swiss gold coins?

Someone has asked me if it's "safe" to invest in swiss gold coins vs. the usual krugerrands, maple leafs, etc.
This friend would like to start to save by buying swiss gold coins (the 20 franc gold piece called "vreneli") which to him seem to cost less than the 1 oz. pieces, weight-for-weight. His addt'l argument is that the swiss franc being considered "safe", gold pieces denominated in swiss francs should have some kind of safe haven "aura" to them.

I'm no coin specialist so if there's a gold-coin-bug.... I'd love to hear his/her opinion.

Ciao

Paul
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bullion, coins, gold, risk, safety, swiss franc, us dollar




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