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 Replies: 84 / Views: 8,533 |
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Pillar of the Community
United States
3789 Posts |
Why shut this thread down, this is a GREAT thread.. I was going to do a similar thread running down some silver and gold premium pieces to hunt down.
Now first I want to say, if you are going to buy, if you must, only nibble a tad. NOW-
I would go after the pandas, gold and silver for my collection. They are coming down in price, the BU ones that is, such as the 2013's. ... and yet they are higher than say the Silver Eagles and Maples. So pick at the higher end ones that will have less to fall and will rebound faster for their premium.
I would also look at the Wildlife series from Canada, shoot buy a roll of Wood Bison if you cant control yourself.
Then, pick up some Kooks.
Finally, look for proof silver and gold coins and see if they have come down in price.
To sum it up... yes this drop in silver is a GREAT time to look for high premium silver and gold coins.
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Valued Member
Australia
491 Posts |
I am still trying to get a handle on coins v bullion. But I do know that you do not buy your coins from the Australian Mints. If it is possible as there mark up in prices is out of control.
Now that I have made my post as a newbie to coins I would like to add to the side issue on this thread as well as it shakes the very foundation of our forums.
It is very important for members to have a family attitude on CCF & SCF.
I have never been belittled by anyone since I joined on the 2.5.2010 and I would like to think that anybody could ask me anything on my specialist thread (or anywhere else) that was started on 2.7.2010 and has 26319 views and 417 posts. I treat the simplest and out of touch posts with great respect and encourage all comers to post on any thread.
There is no such thing on CCF & SCF that members are different groups from the upper class to the lower class when it comes to posting. All efforts need to take place to continue the family attitude on our forums. As this is why they are so successful.
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Valued Member
Canada
95 Posts |
I bought some high premium coins in imho, please tell me if I got a deal or not. 2011 Canadian polar bear $ 30.00 1986 American liberty dollar Proof $50.00 2011 Australian koala reverse proof $ 40.00 2005 Canadian maple leaf (3 leafs) reverse proof $40.00 2009 Canadian maple leaf reverse proof privey mark $40.00 2010 Canadian maple leaf Vancouver $40.00 1982 Krugerrand commemorate $20.00 10 American Ike dollar's (not silver) $10.00 will most likely hand them out to friends kids, just to get some of them interested in coins. First time at local coin show today, nervous but loved it. |
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Bedrock of the Community
13014 Posts |
Quote:
But I do know that you do not buy your coins from the Australian Mints Theyre hard to gauge, they do the low mint high premium model. Some gain value a good number lose some. Not a good product group if your hoping for price gains in the future. Quote:
I have never been belittled by anyone since I joined on the 2.5.2010 and I would like to think that anybody could ask me anything on my specialist thread (or anywhere else) that was started on 2.7.2010 and has 26319 views and 417 posts. I treat the simplest and out of touch posts with great respect and encourage all comers to post on any thread. Couldnt agree more |
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Valued Member
Australia
491 Posts |
Hi cderksen. Sounds like the fun & general experience you had at that coin show was very much worth the time, effort & money. Really enjoyed your bit about buying some item as hand out for your friends kids. When it comes to the how much are the coins you purchased are worth I would turn to ebay and see what is happening with the coin selling there. I find ebay extremely good to get a feel for prices before I buy these days. Some of my bulk buys have taken many years to know what to buy them at but single items are a lot easier to research their current selling price. All The Best. kg5 |
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Pillar of the Community
United States
5862 Posts |
Speaking of high premiums, I was just checking the price of $20 St. Gaudens Gold Double Eagles at APMEX. They are currently selling them at $1,588 ($1,636 if paid by credit card). They're stated "buy price," however, is only $1,436. That's quite the spread, and I don't see it changing anytime soon. |
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Valued Member
United States
329 Posts |
I bought ETF at open very little premium. I think the premiums should drop in physical.
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Pillar of the Community
United States
3789 Posts |
You know, besides silver coins with prem, did you guys notice those UAE gold coins in fracs that APMEX has... they are pretty nice and looks like they are limited in production,, thats the kind of coins I would also be looking at in gold. i;ll post later their exact names of the coins. |
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Pillar of the Community
United States
3789 Posts |
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Bedrock of the Community
United States
10982 Posts |
When we can buy some 1/10 gold pieces for $100, I'm in!  |
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Valued Member
United States
329 Posts |
I bought alot gold double short silver. This is so exciting. Just buy Etf and convert when premium falls.
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Valued Member
United States
329 Posts |
The problem with the high premium stuff is that your downside is limited vs. spot, but so is your upside. If you sell a piece of $90 bullion and buy 3 oz. of silver you will enjoy much more upside upon recovery.
Edited by wjl
04/16/2013 06:44 am
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Valued Member
United States
141 Posts |
Oh man these price drops in gold and silver
The amount of money I had in gold and silver
I'm sure plenty of you guys had more then me, how do you cope with this?
>the amount of sweat I am dripping
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Pillar of the Community
United States
2168 Posts |
You really can't worry about it. PMs really have to be bought with the fact that up or down you have the PM as a store of value. It will never be worth nothing. If you buy on the 'dips' now you should be able to average it out somewhat.
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Pillar of the Community
United States
2168 Posts |
Also, roll searching is a way to get some 'silver' at face to kind of help! I've found about $30 face doing so.
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Replies: 84 / Views: 8,533 |
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Posted 04/14/2013 9:09 pm
