Should you turn a blind eye and buy commemorative coins at a negative premium?

2026-02-22 02:43:17

Abstract generation in progress

During the New Year, I happened to come across a commemorative coin company,

The purity of the 99.99% 1/2 ounce coin is sold for HKD 16,200. Currently, the gold price in New York is $5,130 per ounce, and $2,565 for 1/2 ounce, which is approximately HKD 19,878, a difference of over HKD 3,600.

I have reserved one. Should I buy blindly and sell later?

The only possible reason I can think of is that gold prices have risen so strongly that the price of this commemorative coin hasn’t been updated yet.

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