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 Replies: 12 / Views: 1,310 |
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Pillar of the Community
United States
1321 Posts |
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Bedrock of the Community
United States
75368 Posts |
Awesome!  Errers and Varietys.
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Moderator
 United States
190135 Posts |
$600 in 2017 is equivalent in purchasing power to about $790.75 today, so I call that a huge win!  |
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Pillar of the Community
United States
2503 Posts |
most excellent... nice coin, too!
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Pillar of the Community
United States
1280 Posts |
"$600 in 2017 is equivalent in purchasing power to about $790.75 today" That's what they say but hasn't been my reality
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Moderator
United States
190135 Posts |
On average, it tracks, but for some things, it does not.  |
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Pillar of the Community
United States
5870 Posts |
I think you did very good for yourself there, thecoinguy1964!
In a similar vein, although I owned some collectible gold coins as part of my type album, I didn't own any gold bullion prior to 2011-2012 when gold hit the $1700-1800 range. I promised myself that if gold prices ever fell back down that I would buy some, and when gold dipped below $1300/oz in 2013 I ended up picking up one 1-oz American Gold Eagle and five 1-oz American Gold Buffaloes at $1270 per ounce, for a total of $7620.
Of course, I then watched gold prices dip below $1200 and then below $1100 and then almost to $1000, followed by a few years where it basically stayed at $1200-1300, all of which made me despair a bit. At today's gold price of $3659, however, my original investment of $7620 is now worth just under $22,000.
Could I have done better had I invested that money in the stock market? Perhaps. But I'm certainly not complaining!
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Pillar of the Community
 United States
1321 Posts |
I was very reluctant to buy gold, but I finally jumped in. At these prices, I've bought my last gold coin. Like everyone else, I wish I'd bought more.
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Pillar of the Community
United States
3347 Posts |
Hey I was on that 2017 thread. Somewhere back then I bought a common AU58 $10 Indian for $700 on ebay. I was ashamed of myself because nobody wanted them at that time, but I wanted a good strike and there were dozens to pick from. It was a buyer's market. Not so much anymore though. Hard for me to justify buying in a rising market. I need a plateau. "Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
09/19/2025 09:58 am
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Pillar of the Community
United States
1021 Posts |
I sold my gold about a month ago....now have 1200 oz of silver to get rid of. Thought I would go sell it at $50, but I think the ride isn't quite over yet.
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Moderator
United States
190135 Posts |
Quote:
I sold my gold about a month ago. Could have held on for another 10%, but hindsight it 20/20.  Quote:
now have 1200 oz of silver to get rid of.  Quote:
Thought I would go sell it at $50, but I think the ride isn't quite over yet. I believe that is a safe bet.  |
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Pillar of the Community
United States
3347 Posts |
Keep at it guys! I won't compete with you. I've got a bid in on a couple of nice Oregon Trail halves. While you're away at the metals exchange, no one's minding the coin store.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Moderator
United States
190135 Posts |
Quote:
I've got a bid in on a couple of nice Oregon Trail halves. While you're away at the metals exchange, no one's minding the coin store. Good plan and good luck!  |
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Replies: 12 / Views: 1,310 |
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Posted 09/12/2025 10:55 am
