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 Replies: 68 / Views: 11,104 |
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Valued Member
United States
307 Posts |
The Wolves are out to make their money on the frenzy buying of people wanting GOLD. If you buy gold please make sure you have a real reason for buying and also know what you are getting. The net and ebay have many listings for gold. It is packaged to entice the man who wants gold but has very little extra money to spend. These offerings are not from the Federal Mints but are private offerings with out any type of quality control or regulation. Some are from CHINA. Remember the gold standard of $32.00/ounce USD could not be maintained due to the inflation of the USD. Now the rise in gold prices is due to inflation once again. Gold is a good buy but know what you are buying and know the percent of pure gold (24K) in what you buy. Don't just buy to be buying. My opinion only. |
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Rest in Peace
United States
9104 Posts |
For accuracy, gold went from $20.67 to $35.
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Valued Member
United States
307 Posts |
Thanks Fred I was in the ball park.
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Pillar of the Community
United States
4008 Posts |
Quote:
Ignore what "they say" and collect what you enjoy. - BiggFredd Now there's the straight scoop, if ever I heard it. Far as I am concerned, if "they" aren't paying, they don't get a say!  |
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Pillar of the Community
United States
648 Posts |
Silver - I always thought about getting the small gold coins. However, I prefer collecting the 1 gram through 5 gram gold bars with an assayers certificate. Depends on what they have. That satisfies my "small gold" hoarding I attempt to do. I realized I get my best deals at the coins shows and transactions done over $1k USD to not pay any taxes - thus averaging down my cost per oz further.
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Pillar of the Community
 United States
3670 Posts |
Recently I tried to get mount Rushmore, and just missed it, the Liberia 3/4 a gram. I bid 42 total, and it went for 49....
I got my eyes on another rare one, an hope to grab it next....
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Valued Member
Canada
442 Posts |
wow 3/4 gram? never knew they minted a coin in that size! how in the world did they scribe a design that small?
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Pillar of the Community
United States
1817 Posts |
I am trying to assemble a nice mini-set of tenths AGEs in burnished uncirculated, there are four coins: 99-W, 06-W, 07-W & 08-W. The 06 & 07 are inexpensive relative to the bullion versions, but the 99 has been tricky to find at the price I'd like to pay. I am hoping since this year is the 25th Anniversary of the AGE, the burnished uncirculated coins make another appearance. I like the fractional sizes, but anything smaller than a dime is too small for my old eyes now and easily lost, so I try to avoid the gram and gram fractionals.
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Pillar of the Community
United States
3670 Posts |
Interesting bizy, any pics of those coins? I am not sure Vinny, buy you all are right, a bit tough to see for failing eyes, as I wear glasses, and feel I need one of those eye pieces the pawn guy uses to look at them, lol.... I buy them, because I am real small time bottom of the barrel server/bartender, and even though I do work at very nice place, in up scale area on river, after bills an what not, not much left to invest, just money I make on ebay sells from time to time. So I do what I can, get a small piece here an there as I can afford 40 or 50 faster, than 100 to 200. Never smaller than 3/4 a gram however. Here is a good view of three of them Vinny below.... http://cgi.ebay.com/ws/eBayISAPI.dl...TRK:MEWNX:ITEdited by Silverhawk74
04/04/2011 11:25 pm
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Pillar of the Community
United States
1817 Posts |
@ Silverhawk74: that is on my to do list, to sharpen my photo skills and get some decent pictures onto the forum. It's coming I assure you!
I really like the mintages on the mintmarked unc fractionals, for the $5, all under 25,000 pieces, while the lowest bullion mintage is something like 150,000. I think the unc $5 AGEs will be collected by date someday, if they aren't already, so the four Ws are poised to become keys and semi-keys. Not a real big fan of the proof versions since the mintages are 40,000 and up, although they are pretty.
The next project I intend to start is the 12 coin set of the proof platinums either in the tenths or quarter size, hope to accumulate one coin every other month, and platinum relative to gold seems really a good deal right now at $1700-1800/oz.
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Rest in Peace
United States
9104 Posts |
Quote:
wow 3/4 gram? never knew they minted a coin in that size! how in the world did they scribe a design that small? Take a look at your avatar...it's .8 gram (only 6.7% larger) |
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Rest in Peace
United States
9104 Posts |
I just looked at a handful of coins including two little boxes from the Hamilton (?) Mint.
Each contained a copy of a 1908 Saint, 24K, .2 dwt (.3 gr), or .01 oz. Looked like they'd fit next to each other on a dime.
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Bedrock of the Community
United States
10982 Posts |
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Pillar of the Community
United States
3670 Posts |
Well with gold going up huge this Friday, I think I did pretty well on adding another Liberia 3/4 gram gold coin, via Alexander the great for 45 total. The guy took a bad picture, and did not have the coins listed by name, so I contacted him to find out which ones he had, and Alexander the great is a must have for my set. Only 7 positive feed backs, so a gamble, but it does come with COA, and coin case, and who would waste their time forging those small fellas, so seems safe enough to me, for just 45....
I now have in this series as follows....
1.Columbus
2.Napoleon
3.Joan of Arc
4.Peter the Great
5.Charles Lindbergh
6.Julius Caesar
7.Nefertiti
8.Alexander the Great
I now have 12.14 grams of gold, and now plan to save a bit and get a 1/10th of an oz next, which would get me real close to a half oz of 24k gold....
Edited by Silverhawk74
04/30/2011 3:56 pm
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Pillar of the Community
United States
931 Posts |
The way you're going you'll have quite a cache of pure gold Silverhawk. I admire your dedication. Way to go!
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Replies: 68 / Views: 11,104 |
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Posted 03/22/2011 6:28 pm
