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 Replies: 32 / Views: 2,697 |
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Bedrock of the Community
Australia
21788 Posts |
I saw a golf tournament on TV, where the trophy was a solid 24 karat gold golf ball.
Just how much would that weigh?
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Pillar of the Community
United Kingdom
616 Posts |
Personally, unless you can get fractionals at a premium close to 1 oz. coins I wouldn't buy them. I would save up for a 1 oz. coin. For me gold is for investment only, not collecting and a long term investment at that. I look at the time horizon on gold to be 20 years. The silver price jumps around a lot more and there are lots of great coins you can buy at good prices. Before you buy anything I would suggest you decide if you are buying it to collect or to invest in. That should help with your decision.
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Valued Member
 United States
376 Posts |
Sel. Solid? I'd say at least 5 to 8 ozs. lol.. Nice
Starbux I know what you're saying. I believe for myself, I'm more on the lines of investing. Like making my silver and gold collection to be another "savings" account as you will.
As for collecting I do have some interest in some of the higher numismatic coins and rare coins or what not. I just worry that some day that "collector" value wont be there. The price of metal will always have a value.
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Pillar of the Community
United States
4008 Posts |
Sel... Although golf balls vary a bit in size, for a standard US golf ball, we would have: Volume of a golf ball = 40.7 cc. Density of gold = 19.3 g/cc Weight of golf ball made of gold = 40.7 cc x 19.3 g/cc = 785.5 grams = 23.5 ozt... almost $40k worth at $1700 per ozt. Not at all a bad prize!  Regulation size British golf balls are a little smaller, so might be in the area of 21-22 ozt. Still a heckuva nice prize. |
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Pillar of the Community
United States
667 Posts |
I wouldn't mind having a gold ball marker, maybe I can use a 1/10 AGE.
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Pillar of the Community
United States
4008 Posts |
That would be quite a marker, MK. Just be sure to pick it up! A buddy of mine has a pre-1933 US gold quarter eagle coin in a nice bezel on a gold chain that he wears as a necklace. Very nice item. I would not mind having one of those myself. Hey, maybe I could get my wife interested in gold, IF she could wear it!  Speaking of wives... I tried to get my wife to buy some gold a few weeks ago. She has a good chunk of cash sitting in a savings account so it isn't as if she doesn't have the money. I presented several arguments that I thought were reasonable but she wasn't having any of it. Since then, every time we see the current gold price on CNBC or Bloomberg, I remind her that she COULD have bought some for about $100 an oz. less. That's when I get... The Look.  |
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Pillar of the Community
United States
3184 Posts |
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Pillar of the Community
United States
667 Posts |
Pm's and my wife are in a disagreement. She knows the profit and has been after me to sell for the past year.
My oldest daughter has no interested though she spends money like she has a hole in her pocket.
My youngest daughter is ahead of me, she buys silver every time she gets money. She is in love with Pandas. If she wants to she has enough in silver to buy a car when she turns 16. Not bad for someone that have been buying a little each year since she was 10. Well she does sell things from the farm too.
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Pillar of the Community
United States
1064 Posts |
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buy both and diversify Good advice, as long as you can afford it!  |
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Pillar of the Community
United States
4008 Posts |
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Pm's and my wife are in a disagreement. She knows the profit and has been after me to sell for the past year. This is often the case, unless you are lucky enough to have a gal like CCF's very own Angel. Quote:
My oldest daughter has no interested though she spends money like she has a hole in her pocket. I hear ya there, MK, got one just like that. My wife totally surprised me one day by apologizing to me for training our daughter to be a shopper and a spender instead of a saver. Shopping just seems to be part of the female DNA. I dunno... maybe that is one of their charms... or at least one of the reasons they need us guys? Quote:
My youngest daughter is ahead of me, she buys silver every time she gets money. Something tells me that this little gal will do real well in life. She knows REAL money when she sees it, that it is valuable stuff, and that it is how one saves for a better future. I don't see her spending her silver hoard on anything that is not also a great investment... like herself.  |
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Valued Member
United States
376 Posts |
Mkfarm, I hope I will have the same with my daughter. I really got her interested in collecting. So far right now she's been collecting LWCs, and any other copper pennies. But after I read your post, I talked to her about it, and her eyes lit up huge! She's so excited to the fact that she can start doing this. She's only 7. So her buying will be very limited for now, but still. Never too late to start stackin.. More than I can say for the wife  Right Ed? lol |
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Pillar of the Community
United States
4008 Posts |
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More than I can say for the wife Right Ed? lol Lol, that's for darned sure! I still think that I can out-flank her on this via presenting some gold in jewelry form. While she might not like gold coins or bars, most ladies can't resist wearing some gold. Who knows... maybe this will get her into gold, one way or another. |
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Valued Member
United States
376 Posts |
Could have an idea there. My wife is more into letting the daughter start collecting than anything else
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Pillar of the Community
United States
863 Posts |
Start the young ones off with dimes quarters and halves. Relatively cheap and easy to get for near spot. I wish I knew earlier could have had my parents buy me a whole hoard before I was 18. Now at 23 I have to buy it with my own money. :(
I suppose I am learning the value of the dollar though :-D
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Valued Member
United States
376 Posts |
Silver thats my take on it too. She needs to learn that value now, and she will be well off in her future
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Replies: 32 / Views: 2,697 |
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Posted 09/07/2012 10:02 am
