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The (semi) ULTIMATE Gold Purchase

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tzarmarko
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612 Posts
 Posted 05/28/2012  10:02 pm Show Profile Bookmark this topic Add tzarmarko to your friends list Get a Link to this Message

So heres the story, on Sunday (Memorial day night) I was sitting on eBay, just browsing through coins. When I found a nice gold coin auction for a coin that fit my collection. So I put a bid that was a few dollars over spot. This raised the highest bid to $155 ($2 below spot). So I sat there, and to my amazment, no one bid! This left me the winner of the auction.

In conclusion, I bought a Hungarian 1905 10 Korona gold coin for $155. That is $2 BELOW spot price. Now have you ever heard of that!?!?!?

The coin: http://www.ebay.com/itm/20076383587....m1439.l2649

What do you think?

SORRY: I edited because I accidentally put $20, not $2 under spot.

View my collection:
http://omnicoin.com/collection/tzarmarko

Current Projects:
MAIN: Silver and Gold coins from 1900-1920.
SUB: German Marks from 1891-1916
Edited by tzarmarko
05/28/2012 11:00 pm
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2150 Posts
 Posted 05/28/2012  10:13 pm  Show Profile Check jokingjoker's eBay Listings Bookmark this reply Add jokingjoker to your friends list Get a Link to this Reply
What's the weight of these coins? Are they 90% gold?
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United States
612 Posts
 Posted 05/28/2012  10:17 pm  Show Profile Bookmark this reply Add tzarmarko to your friends list Get a Link to this Reply
It has 0.1 of an ounce of gold. And yes, they are 90%.
View my collection:
http://omnicoin.com/collection/tzarmarko

Current Projects:
MAIN: Silver and Gold coins from 1900-1920.
SUB: German Marks from 1891-1916
Pillar Of The Community
United States
1683 Posts
 Posted 05/28/2012  10:39 pm  Show Profile Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply
I'm confused on your #'s. You said it's 1/10th of an ounce of gold, and gold is currently about $1574 for a full ounce, so it would be $157.40 for 1/10th of an ounce. With the $9 or so shipping they were asking it would seem to be that you paid a little over spot, but definitely not $20 below spot. I'll be the first to admit that I am hungover still after a long day of drinking and fun in the sun yesterday. So please correct me if I am wrong? Still not a bad purchase at all by the way.
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United States
612 Posts
 Posted 05/28/2012  10:58 pm  Show Profile Bookmark this reply Add tzarmarko to your friends list Get a Link to this Reply
Umm yea, it just me.

I kept on thinking $2 under spot but for some reason typed $20. I will try to change the main post.
View my collection:
http://omnicoin.com/collection/tzarmarko

Current Projects:
MAIN: Silver and Gold coins from 1900-1920.
SUB: German Marks from 1891-1916
Valued Member
United States
303 Posts
 Posted 05/28/2012  11:38 pm  Show Profile Bookmark this reply Add hermanwilliams to your friends list Get a Link to this Reply
That's sweet. I'd add that to my collection.
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 Posted 05/28/2012  11:42 pm  Show Profile Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply
I still think you did very well lol. I love fractional gold pieces regardless of country of origin and if you can get the pieces at near spot even better! :)
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 Posted 05/29/2012  12:06 am  Show Profile Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
Very cool but remember some world gold are harder to sell
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612 Posts
 Posted 05/30/2012  3:28 pm  Show Profile Bookmark this reply Add tzarmarko to your friends list Get a Link to this Reply
Thanks guys! And Im not planning on selling my coins, at least not in the meantime. ;)
View my collection:
http://omnicoin.com/collection/tzarmarko

Current Projects:
MAIN: Silver and Gold coins from 1900-1920.
SUB: German Marks from 1891-1916
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