A 20-euro gold coin called Fichte: The Output details
207.05 for € 3.89 gram of fine gold: For investors is € 20 gold coin "Fichte" it too expensive.
On Tuesday, the official release date for the 20-euro gold coin "Fichte" from the series "German Forest" is. Is it worth buying for investors?
The Federal Finance Ministry on Tuesday the new edition of the 20-euro gold coin series "German Forest" out. The motif of "spruce" is for "oak" (2010) and "book" (2011), the third gold coin in this series. The issue price is 207.05 €. At the current gold price of 1,266 € (Tue 10:30 am) is the buyer's premium of 31 percent.
By comparison, the 20-euro gold coin "Fichte" or spruce has a fine gold content of 3.89 grams (1/8 ounce). One-tenth ounce gold bullion coins in the form known as Krugerrands or Maple Leaf at the same time we got in the precious metals trading for around 145 €. The premium here was only 14.5 percent.
The current issue price is 20 euro gold coin "spruce" So not attractive purchase for gold investors.
The details for the 20-euro gold coin "spruce"
Issue Date: 26 June 2012
Mint: Berlin, Munich, Stuttgart, Karlsruhe, Hamburg
Embossing characters: A, D, F, G, J
Weight: 3.89 g (1/8 ounce)
Diameter: 17.5 mm
Material: Feingold (999.9 au)
Coin diameter: 17.5 mm
Edge of the coin: corrugated
Artist: Frantisek Chochola, Hamburg
Initial Price: € 207.05
limited edition: 200,000