OzMan Posted November 8, 2022 Share Posted November 8, 2022 Can I buy Krugerrands, or a similar gold coin, in Thailand? Currently I am buying bars of Thai gold from gold shops, but would like to diversify. Thanks Link to comment Share on other sites More sharing options...
bobbin Posted November 8, 2022 Share Posted November 8, 2022 The Thai gold bars are only sell-able in Thailand, otherwise you will be paying assay charges. I believe Swiss assay bars are available. I made the mistake of bringing several Maple Leaf coins to Thailand..shops had problems with the math. Thai gold 92% (?). Maple Leaf coins 99.99%. Krugerrand coins 94% Shops would not pay the premium for coins.. Link to comment Share on other sites More sharing options...
digbeth Posted November 8, 2022 Share Posted November 8, 2022 52 minutes ago, bobbin said: The Thai gold bars are only sell-able in Thailand, otherwise you will be paying assay charges. I believe Swiss assay bars are available. I made the mistake of bringing several Maple Leaf coins to Thailand..shops had problems with the math. Thai gold 92% (?). Maple Leaf coins 99.99%. Krugerrand coins 94% Shops would not pay the premium for coins.. It's in their interest to be stupid in this case, or the shop you found don't produce their own gold and only buy in their stock from bigger shop to sell bigger shops definitely know what the .99% coins and buillions are, they melt them down to use in their gold, if you ask nicely they might even sell them to you, but the usual ones available are suisse franc, chinese panda, Link to comment Share on other sites More sharing options...
OzMan Posted November 8, 2022 Author Share Posted November 8, 2022 Where can I buy a swiss franc? The advantage of Swiss francs is that I can take them to Australia, if needed, and sell them there. Link to comment Share on other sites More sharing options...
Will B Good Posted November 8, 2022 Share Posted November 8, 2022 1 hour ago, bobbin said: The Thai gold bars are only sell-able in Thailand, otherwise you will be paying assay charges. I believe Swiss assay bars are available. I made the mistake of bringing several Maple Leaf coins to Thailand..shops had problems with the math. Thai gold 92% (?). Maple Leaf coins 99.99%. Krugerrand coins 94% Shops would not pay the premium for coins.. Thai gold is 96.5% 23 carat......so I understand. Link to comment Share on other sites More sharing options...
bobbin Posted November 8, 2022 Share Posted November 8, 2022 57 minutes ago, Will B Good said: Thai gold is 96.5% 23 carat......so I understand. You are right, now that I've checked.. So the shop had to give an additional 3.5 % per troy oz. 1 Link to comment Share on other sites More sharing options...
bobbin Posted November 8, 2022 Share Posted November 8, 2022 (edited) 2 hours ago, digbeth said: bigger shops definitely know what the .99% coins and buillions are, they melt them down to use in their gold This what happened in that famous gold shop in Yaowarat. First he was deeply suspicious that I was trying to scam him.. Put a blow-torch on the coin to check malleability, did the rub test. When he agreed to buy the one coin, he gave me the money. But while I was still standing in front of him he picked up some shears and cut the coin in half. I was shocked. Then I said you have defaced my Queen and ruined the coin. He replied that he sold gold, not coins. Edited November 8, 2022 by bobbin Link to comment Share on other sites More sharing options...
OzMan Posted November 11, 2022 Author Share Posted November 11, 2022 Sounds too difficult to buy gold coins. better to buy Thai gold here and coins overseas. Thanks for the replies. Link to comment Share on other sites More sharing options...
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