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If You Had $1200 To Get Your First Gold Coin, Which One?

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Pillar of the Community
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 Posted 01/31/2016  11:47 pm  Show Profile   Bookmark this reply Add Bertensgrad to your friends list
I love the gold indian coins
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 Posted 01/31/2016  11:48 pm  Show Profile   Bookmark this reply Add Mister Kairu to your friends list
I haven't even started researching gold yet (funds are far away from ever getting one now) but I would start by getting the hardest gold coin in either my Mexico or US type albums on the gold pages.
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 Posted 02/01/2016  2:07 pm  Show Profile   Bookmark this reply Add Titan7170 to your friends list

Quote:
I assume by "that" you mean the 2016 gold Standing Liberty quarter (1/4 oz gold). Here is some info:

http://www.coinnews.net/2015/11/12/ns-for-2016/

http://www.coinweek.com/modern-coin...d-for-years/


awsome info, thanks for the links one_fine_dime and everyone else for all these different coins!

So many choices....so little money!
Edited by Titan7170
02/01/2016 2:09 pm
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 Posted 02/02/2016  01:06 am  Show Profile   Bookmark this reply Add january1may to your friends list

Quote:
You could get a 'common date' $3 gold in the AU 50 range and have one of the tough gold types done right off the bat. Wait until you find a nice one with minimal bag marks. Most will suggest a double eagle first. But there are lots of folks who have a double eagle but not a $3 gold.

I personally rather thought of some of the "more common" Charlotte or Dahlonega dates in lower grades, but the $3 gold is a nice idea too (though I probably couldn't afford to wait for "a nice one").

Other than that, most likely, as old as I can go. So either an ancient, or a ducat of some kind. (A large electrum piece would be nice, but probably over the money.) But if I can find some fractional 19th (or 18th) century gold denominations for anywhere near metal value (such as the ones described in this post)... as many different countries for these as I could get for that money.

Of course, realistically, I'll buy one or two common small 19th century coins (might or might not be American, depending on what I encounter first), and spend the rest on silver (with $100 left over for bargain bins).
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 Posted 02/02/2016  01:51 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list

Quote:
The only gold coin I have ever really wanted is the 2014 Gold Kennedy half dollar.

This ended up being my first big gold coin purchase, and probably my last for some time. I hope you get to enjoy this one someday, jbuck; it is a spectacular coin.

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 Posted 02/02/2016  4:58 pm  Show Profile   Bookmark this reply Add one_fine_dime to your friends list
If-You-Had-$1200-To-Get-Your-First-Gold-Coin,-Which-One?

If-You-Had-$1200-To-Get-Your-First-Gold-Coin,-Which-One?

These are my most expensive coin purchases to date (images are not my actual coins). Direct from US Mint on the first, PCGS MS-63 on the second (from ebay).

Love the reverse of the (no motto) St Gaudens $20 - would love to buy one of those one day. I really liked the 2015 Liberty high relief $100 gold - out of my budget.
Edited by one_fine_dime
02/02/2016 5:02 pm
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 Posted 02/02/2016  6:22 pm  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list
St. Gaudens $20 all the way. One time at our LCC meeting we auctioned one off... a 1927 MS-64 CAC $20, starting bid $1,400... No one even bid!
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 Posted 02/25/2016  06:25 am  Show Profile   Bookmark this reply Add Brushy Bandit to your friends list
I'm a gold Indian fan,half or quarter ya can't go wrong, unless ya just grossly overpay. I would how ever stick with graded, fakes are abundant.
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 Posted 02/25/2016  06:37 am  Show Profile   Bookmark this reply Add trout1105 to your friends list
This cost me $1200 a couple of years ago, Far better than a chunk of bullion

If-You-Had-$1200-To-Get-Your-First-Gold-Coin,-Which-One?

If-You-Had-$1200-To-Get-Your-First-Gold-Coin,-Which-One?
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 Posted 02/25/2016  12:21 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
This cost me $1200 a couple of years ago, Far better than a chunk of bullion
Agreed!
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129 Posts
 Posted 02/26/2016  2:10 pm  Show Profile   Bookmark this reply Add Titan7170 to your friends list
So Ive kind of narrowed it down to a few choices....what do you think?

Mexican 50 pesos 1 coin only!
If-You-Had-$1200-To-Get-Your-First-Gold-Coin,-Which-One?

gold Buffalo plus $200 in silver
If-You-Had-$1200-To-Get-Your-First-Gold-Coin,-Which-One?

Mexican 20 pesos plus $5 gold half eagle plus $300-400 in silver
If-You-Had-$1200-To-Get-Your-First-Gold-Coin,-Which-One?

If-You-Had-$1200-To-Get-Your-First-Gold-Coin,-Which-One?
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 Posted 03/23/2016  2:11 pm  Show Profile   Bookmark this reply Add freddo30 to your friends list
Fun question. I have to break it down into 2 parts : my first gold coin was a 1922-P Double Eagle, purchased for $58 in 1971 (sold 8 yrs later for $800) ... were I to spend the allotted $1200 today for my (who knows, exactly, xxxth gold coin) I can't say for sure because I'd have to see the piece first ; you can get a really super 1926 Sesquicentennial Quarter Eagle in 64 and have $400 left (or an ugly one for the same price/grade); maybe a striking P/L 1903 McKinley or Jefferson in 63PL for abt the $1200 ... or if you are of a mindset that gold prices will increase a nice one ounce unit like a Buffalo or Saint modern piece.
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 Posted 03/24/2016  10:27 pm  Show Profile   Bookmark this reply Add Morgans Dad to your friends list
IF I were to sway off the beaten path, and purchase a gold coin, I love the Reverse Proof Gold Buffalo I believe Many of the Gold coins posted are sweeter than the next too.......... JMO
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