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Starting My 7070 Gold...how Would You Go About Doing It?

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usc96's Avatar
United States
291 Posts
 Posted 10/10/2012  11:30 pm  Show Profile   Bookmark this reply Add usc96 to your friends list Get a Link to this Reply
I generally buy what I find available. I guess if you are buying online or you live in a large city, then everything is available, but if not, then just collect as you come across something nice.

Are you still collecting slabbed coins for your 7070? Do you have a minimum grade for the gold?
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GR58's Avatar
United States
11951 Posts
 Posted 10/10/2012  11:56 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
I agree with Gyrene, save for the big coins, but if a really good deal comes along then buy the good deal.


I started my gold page last December. I still need four more coins, $10 Indian, $5 Indian and the two one dollar coins. I keep saving for the $10 Indian .. but other coins keep coming along. Now if a really good deal came along on a 1932 $10 Indian .. then I would pull money from other sources to get it.

I almost bought a $5 Indian today .. but there was a Grant and Illinois half dollar, both kept staring at me .. saying take me home .. take me home .. so I did.

That puts me back a few weeks of getting the $10 Indian ..
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Coinstar's Avatar
United States
1510 Posts
 Posted 10/11/2012  12:14 am  Show Profile   Bookmark this reply Add Coinstar to your friends list Get a Link to this Reply
i voted "other" as in too expensive for me
Retired USAF 1983-2003
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Moe145's Avatar
United States
8904 Posts
 Posted 10/11/2012  12:36 am  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply

Quote:
Dansco Item #7070 Album



Here's a thread we did focusing on the 7070 Albums of our CCF members. It explains a lot!!


https://goccf.com/t/90172#90172
Valued Member
Coinguy1000's Avatar
United States
305 Posts
 Posted 10/11/2012  09:09 am  Show Profile   Bookmark this reply Add Coinguy1000 to your friends list Get a Link to this Reply
With lower denominations first
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barryg's Avatar
United States
5855 Posts
 Posted 10/11/2012  11:07 am  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
Get the higher denominations now before the cost of gold makes them too expensive.

Of course, after I did that the price of gold dropped a couple of hundred dollars...
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Namachieli's Avatar
United States
2120 Posts
 Posted 10/11/2012  12:14 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
Personally, I'm waiting nearly indefinitely. I polan on doing it, absolutely. But with the economy so far behind Gold prices, it's not economic of my time (value of hours worked = $) to buy gold righ tnow. Either the economy needs to recover, Gold come down, or I strike it rich.

I have one $2.5 to not have a blank page, and thats where I'm sitting for now.

If I were to do it right now, I would try to start with $10 and $20 peices. Get the biggest ones out of the way. Like starting with the Key of a series and working back from that.
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wquinn's Avatar
United States
2295 Posts
 Posted 10/11/2012  1:27 pm  Show Profile   Bookmark this reply Add wquinn to your friends list Get a Link to this Reply
Plus with the large denominations, isn't there less of a mark up value?

The only hesitation I would have with gold is, if the price gets below $1,000 per ounce, then the value of the gold coins will come down quite a bit, since most sell near bullion price, right now.
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Fathead 5's Avatar
United States
294 Posts
 Posted 10/12/2012  6:47 pm  Show Profile   Bookmark this reply Add Fathead 5 to your friends list Get a Link to this Reply
Thanks for answering my question, regarding "7070;" much appreciated!
Rest in Peace
dave700x's Avatar
United States
10625 Posts
 Posted 10/12/2012  6:54 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
to CCF Aron Green.
Rest in Peace
johnny54321's Avatar
United States
4849 Posts
 Posted 10/12/2012  7:53 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
My next move would be to purchase the indian half eagle. Not only because I am partial to half eagles and the indian is my favorite gold coin; but also since you already have the liberty, you could complete the "half eagle" portion of the type set. Still semi-affordable and you get a decent chunk of gold for your buck. I think the best balance of grade vs. value is right around the AU-58 area for the gold type set. JIMHO.
Valued Member
United States
470 Posts
 Posted 10/16/2012  3:49 pm  Show Profile   Bookmark this reply Add Andrew289 to your friends list Get a Link to this Reply
Save for the bigger ones first. I did my page about 5 years ago. I couldn't do it now ..so who knows where gold will be in the 17 months it will take you to finish your page.
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oih82w8's Avatar
United States
7840 Posts
 Posted 10/16/2012  3:56 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
I was going to strive for an MS-60+ gold page, but...I may aim a little lower to include AU55+.

Eye appeal is going to be the deciding factor.
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IndianGoldEagle's Avatar
United States
36782 Posts
 Posted 10/16/2012  4:42 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Nothing wrong with nice AU55+ coins. You can get them closer to bullion value and they still have a nice look to them.
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usc96's Avatar
United States
291 Posts
 Posted 10/16/2012  6:27 pm  Show Profile   Bookmark this reply Add usc96 to your friends list Get a Link to this Reply
I'd go MS for a slabbed set, but AU for an Album.
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