 | | 
15.09.2023, 15:30
|  | Member | | Join Date: Mar 2009 Location: Berner Unterland
Posts: 230
Groaned at 18 Times in 12 Posts
Thanked 75 Times in 37 Posts
| | | Gold coin(s)
Hi all
Is it worthy to buy gold coins(Münzen und Raritäten)?
Like Vreneli or similar from other countries?
I mean if it is worthy as an investment.
Thank you
|
15.09.2023, 17:12
|  | Forum Legend | | Join Date: Jun 2006 Location: Kt. Bern
Posts: 6,098
Groaned at 393 Times in 284 Posts
Thanked 10,044 Times in 4,386 Posts
| | | Re: Gold coin(s)
No
| | The following 2 users would like to thank Jim2007 for this useful post: | |
15.09.2023, 17:15
| | Forum Veteran | | Join Date: Oct 2017 Location: ZH
Posts: 2,320
Groaned at 44 Times in 39 Posts
Thanked 4,730 Times in 1,870 Posts
| | | Re: Gold coin(s)
Contrary to the extensive argument provided against the acquisition of gold coins I would like to present my opinion.
Yes.
| | The following 3 users would like to thank Ato for this useful post: | |
15.09.2023, 17:50
| | Forum Veteran | | Join Date: Apr 2020 Location: ZH
Posts: 793
Groaned at 73 Times in 55 Posts
Thanked 1,058 Times in 533 Posts
| | | Re: Gold coin(s)
After extensive research, my summary is:
it depends | | The following 8 users would like to thank LtSoftDrink for this useful post: | |
15.09.2023, 18:26
|  | Forum Veteran | | Join Date: Apr 2007 Location: New Hampshire, USA
Posts: 2,268
Groaned at 13 Times in 5 Posts
Thanked 1,485 Times in 749 Posts
| | | Re: Gold coin(s)
| Quote: | |  | | | After extensive research, my summary is:
it depends | | | | | That is the default answer to any interesting question.
| | This user would like to thank RetiredInNH for this useful post: | |
15.09.2023, 18:43
| | Forum Legend | | Join Date: Mar 2008 Location: ZH
Posts: 9,386
Groaned at 121 Times in 98 Posts
Thanked 14,471 Times in 5,900 Posts
| | | Re: Gold coin(s)
| Quote: | | | | | That is the default answer to any interesting question. | | | | | Not always. In Switzerland, for example, the proper answer is: "That's different from Canton to Canton".
Okay, now we've joked, does anyone have any advice or experience to pass on to OP?
| | The following 4 users would like to thank doropfiz for this useful post: | |
15.09.2023, 19:04
| | Forum Veteran | | Join Date: Jun 2014 Location: Zürich
Posts: 904
Groaned at 14 Times in 12 Posts
Thanked 743 Times in 404 Posts
| | | Re: Gold coin(s)
| Quote: | | | | | Hi all
Is it worthy to buy gold coins(Münzen und Raritäten)?
Like Vreneli or similar from other countries?
I mean if it is worthy as an investment.
Thank you | | | | | Gold is not an investment (since an investment should by definition offer some return).
It is a store of value (across 50-100+ years at least; in shorter periods it can be volatile).
| | The following 2 users groan at gipfelisturmer for this post: | |
15.09.2023, 19:09
| | Forum Legend | | Join Date: Aug 2015 Location: Basle
Posts: 3,312
Groaned at 116 Times in 94 Posts
Thanked 2,297 Times in 1,336 Posts
| | | Re: Gold coin(s)
Define worthy.
|
16.09.2023, 10:29
|  | Modulo 2 | | Join Date: Oct 2008 Location: Baselland
Posts: 16,524
Groaned at 355 Times in 308 Posts
Thanked 26,094 Times in 10,649 Posts
| | | Re: Gold coin(s)
Jein.
|
16.09.2023, 12:26
| | Forum Veteran | | Join Date: Apr 2020 Location: ZH
Posts: 793
Groaned at 73 Times in 55 Posts
Thanked 1,058 Times in 533 Posts
| | | Re: Gold coin(s)
At least in Switzerland, I’d say coins are often gifts (typically for godchildren) which sentimentality aside, can add up to a nice nest egg if the götti/gotte does this every year until 18 or whatever.
Goldvreneli 20 Franken – VALOR 281383
Datum Schluss
16.09.2009 127.14
13.09.2023 346.25
As a personal investment/hedge just buy gold. No return but unlikely to lose long-term. With coins, mint quality and rarity make a huge difference for serious collectors. https://www.lugdunum-numismatik.com/...s-goldvreneli/ | | This user would like to thank LtSoftDrink for this useful post: | |
16.09.2023, 12:55
| | Forum Legend | | Join Date: Mar 2009 Location: Zurich
Posts: 14,255
Groaned at 1,470 Times in 967 Posts
Thanked 21,634 Times in 8,255 Posts
| | | Re: Gold coin(s)
| Quote: | | | | | Hi all
Is it worthy to buy gold coins(Münzen und Raritäten)?
Like Vreneli or similar from other countries?
I mean if it is worthy as an investment.
Thank you | | | | | Yes, buy yourself a dragons hoard and sleep on it.
|
16.09.2023, 13:04
| | Forum Legend | | Join Date: Oct 2014 Location: SG
Posts: 10,762
Groaned at 678 Times in 495 Posts
Thanked 14,619 Times in 7,648 Posts
| | | Re: Gold coin(s)
| Quote: | | | | | Hi all
Is it worthy to buy gold coins(Münzen und Raritäten)?
Like Vreneli or similar from other countries?
I mean if it is worthy as an investment.
Thank you | | | | | Impossible to answer without knowing both your objective and size in proportion to your assets.
|
16.09.2023, 13:08
|  | Forum Legend | | Join Date: Jan 2010 Location: Rapperswil
Posts: 4,080
Groaned at 88 Times in 82 Posts
Thanked 4,995 Times in 2,273 Posts
| | | Re: Gold coin(s)
| Quote: | | | | | Impossible to answer without knowing both your objective and size in proportion to your assets. | | | | | How do you measure someone's size in proportion to their assets?
Millions per metre maybe? M/m? (or kk/m  ) | Quote: | | | | | Yes, buy yourself a dragons hoard and sleep on it. | | | | | The cost of the dwarves to guard it is high though.
| | The following 4 users would like to thank newtoswitz for this useful post: | |
17.09.2023, 21:46
| | Forum Veteran | | Join Date: Nov 2011 Location: Zurich
Posts: 1,300
Groaned at 31 Times in 27 Posts
Thanked 645 Times in 424 Posts
| | | Re: Gold coin(s)
In ZH canton you pay VAT on coins. Hence for myself I'd prefer to buy gold bars. I do gift coins for marriages, kids, etc.
If you want to invest in gold you can buy online but have to pay % fees. There are also gold ETFs or simply invest in a gold mine though it is not exactly the same as having physical gold.
| | This user would like to thank minimimi for this useful post: | |
18.09.2023, 10:54
|  | Forum Veteran | | Join Date: Oct 2007 Location: Zurich
Posts: 1,069
Groaned at 2 Times in 2 Posts
Thanked 1,383 Times in 603 Posts
| | | Re: Gold coin(s)
| Quote: | | | | | In ZH canton you pay VAT on coins. | | | | | Only if they are not state-issued/minted coins: https://www.fedlex.admin.ch/eli/cc/2009/828/en#art_44
Exempt from the tax with credit are turnovers in:
a. state minted gold coins with customs tariff numbers 7118.9010 and 9705.000034
The normal gold coins you can buy are tax-exempt in all of Switzerland, even in Zurich ;-)
| | The following 2 users would like to thank Mica for this useful post: | |
18.09.2023, 11:58
| | Forum Veteran | | Join Date: Aug 2011 Location: Risch
Posts: 1,283
Groaned at 115 Times in 86 Posts
Thanked 1,378 Times in 725 Posts
| | | Re: Gold coin(s)
By my calculation, a gold Vreneli has increased by about 5% (Compounded yearly rate) over the last twenty years. https://www.finanzen.net/goldmuenzen...-franken/chart |
18.09.2023, 13:10
| | Forum Legend | | Join Date: Oct 2014 Location: SG
Posts: 10,762
Groaned at 678 Times in 495 Posts
Thanked 14,619 Times in 7,648 Posts
| | | Re: Gold coin(s)
| Quote: | | | | | In ZH canton you pay VAT on coins. Hence for myself I'd prefer to buy gold bars. I do gift coins for marriages, kids, etc. | | | | | VAT is a federal tax and the same everywhere including ZH, gold and gold coins are excempt. However physical white precious metals (silver, platinum, etc) and their coins are not excempt.
Fun fact:
The Vreneli are legal tender. Some mint years, the late ones AFAIK, sell for their gold value whereas the rarer ones may have a higher numismatic value.
| | This user groans at Urs Max for this post: | | |
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | | | | Thread Tools | | | | Display Modes |  Linear Mode | 
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts
HTML code is Off
| | | All times are GMT +2. The time now is 13:07. | |
