How Can You Afford Gold Coins?

Buying from time to time exclusively coins wanted for my collection and in the price range I am looking for. With no exceptions

The Austrian mint has an affordable gold coin it's an 1/25 philharmonik.
Around 50€

i buy gold the same way i'd eat an elephant, a bite at a time. (or a bit at a time).

I don't sweat a little premium on a 1/10 ounce AGE, saving $155 dollars for a 1/10 is easier than saving $1400 for a 1 ouncer, and it will probably be easier to unload later on, especially if gold goes up to $4000 per ounce! (Wishful thinking, I know)

This is it in a nutshell. Coins are a hobby like anything else. How do your friends afford that new fishing boat or Harley or new '69 Camaro to restore, they love their hobbies and that is what they save for.

Everyone has their hobbies and you stop eating out , you drive a 10 year old car, I have a 3 acre yard, about an acre of it is grass, I mow it with a push mower. Every time I go into the John Deere place and start looking at the $2100 tractors, I don't think " boy that would make fast work of the lawn " I think , "what kind of coins would that $2100 dollars buy"

My son left for college today, so I won't be buying any significant coins for a while. You just do what you gotta do.

Thanks for all the advice, I did not think I would get so many replies I will consider everyone's comments thanks guys

I agree with HH, the best way to afford Gold Coins is to not buy them.
Back during Clinton I was buying silver at about $6- $8 an oz. In Feb of 2011 I took 32 oz. silver,(one 10 oz. bar and 22 Maria Teresa's oz. rounds), and traded for three gold british sovoreigns. I think the rate then was 36 to 1. After waiting for about two years I then traded those same three sovereigns for 62 Franklin half dollars, 7 ASE's, a Canadian Moose, and a 10 oz. Kookaburra round. The rate had jumped to 60 to 1. Last time I checked it was 66 to 1.
I have a 1/10 oz AGE and a 2001 and 1979 one oz. Gold Maples I would not mind trading right now for silver!

It certainly depends where you are in your life and your finances. My best suggestion is as follows; buy up silver coins on a regular basis. (eg. bi-weekly or monthly) As you accumulate your silver watch the GSR (gold silver ratio) a previous poster touched upon it in their post but basically with significant high or low ratios you can basically make a swap from one metal to the other and capitalize on it accumulating free metal with the swap.

I say buy silver on the regular basis b/c it's generally pretty affordable. But if you can afford buying gold on the regular.. by all means go for it.. I personally don't buy anything under a 1/2 oz because of the premiums.. I would rather save up a little long and put more money towards gold.

With enough silver accumulated regardless of the ratio I generally will swap out a bunch.

Now personally I try to buy between 10 and 20 oz. of silver per month.. then after 5-8 years you have somewhere between 1000 and 1500 oz of silver you can swap some of it for gold.. My plan is to do that consistently for the better part of 20 years and enjoy the little nest egg I have provided.. Just a side note.. on those fast food lunches.. If you are able to pack a lunch over the course of 10 months you will save yourself 800 bucks or more.. that's 1/2 oz of gold right there!!

Well keep doing what you're doing my friend.. it takes time.. just take that money you would normally spend on miscellaneous items and put it towards PM's which makes a great savings plan.