Need Gold Ideas

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Originally posted by bitters

From the coins you have listed, it sounds like you're looking for a more or less bullion piece? In that case, I highly recommend the gold buffalo coins. I think they're the nicest thing the mint has made in years, and if you haven't seen one in hand, you're missing out!

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Thanks bitters! Yes, I did miss out on the Buffalo. I don't know what I was waiting for...maybe one in less than an ounce (dreamer). I'll have to get serious and buy one since so many of our members adore theirs. Thanks for the suggestion!

I'm definitely looking into bullion although there are a few of the older Indians that have caught my eye a time or two.

Anything (bullion) in 1/4 to 1/2 ounces other than what I've stated? I'm trying to fill a piggybank. Yes, I said a piggybank. It's our retirement fund inaddition to our 401K that is highly invested in the metals market. You could say that I don't think that Social Security will do us much good and banks aren't much of an investment with their low interest. It's just as much a Numismatic collection as it is an investment!

I'm just a little bored with the gold (coins) that we have so far. The buffalo is going to have to be included though!!!!!!!

You might want to check out at Clark Smith's gold coin homepage - he has a wide variation of gold coins for sale http://www.coinvault.com

Most of these were picked up at around bullion, they are not uncommon in lower grades and make an interesting collection of 19th and 20th century gold at a reasonable price. http://pg.photos.yahoo.com/ph/methe...odid=&.done=http://pg.photos.yahoo.com/ph/metheboz/my_photosSome

German states gold such as Prussia makes an inexpensive series in the pre-War years. I'll even deal with you on that set:)

http://pg.photos.yahoo.com/ph/methe...odid=&.done=http://pg.photos.yahoo.com/ph/metheboz/my_photos

Or buy these sort of objects de Art. Each is a tenth ounce of 23kt Gold. And great history write ups on each the pirates. Lots of ways to collect interesting gold without getting stuck with just bullion at the end of the day.
http://pg.photos.yahoo.com/ph/methe...odid=&.done=http://pg.photos.yahoo.com/ph/metheboz/my_photos

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Originally posted by dsking
...British Sovereigns....

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What about everyone else's sovereigns? There's not just the Sydney Mint and British Empire Mintmark series, but there's also other coins worldwide struck to a sovereign standard. The Rhodesian pound (1960's), South African pound (1950's) and Peruvian libra (first half 20th century) are some I can think of offhand.

For more of an "American flavour" (or should that be "flavor"? ), how about Spanish-American gold? You could always call it a "pirate's doubloon"!

Or pick a favourite time period, or historical figure. One I had to have when I saw one going cheap was a French 20 francs of Napoleon Bonaparte:

It's the Little Corporal himself, for just a shade over 2001 bullion price! How's that for history?

so you are collecting gold coins as hobby and as a retirement fund? great idea! only problem is letting go of all that amazing stuff when the time comes...

with silverdollar and spider...I have gold in many forms and for an addition it will be hard to beat the old us indians and liberty heads, many of which can be obtained for close to bullion prices. It remains to be seen how much of a premium the usmint will put on the new fractional buffaloes this year, but you can rest assured there will be a hefty one. No question about them being such a beautiful coin though..Our modern sculptors/artists can't seem to get up on a par with James Frasier, or for that matter, his wife Laura, when it comes to coin art.

I would have to say do NOT buy simply bullion. Buy coins that circulated at one time (in either circulated or uncirculated condition). Also, buy better dates. The U.S. market has softened a bit recently with gold coins and this might be an opportune time to buy. If you buy gold coins (not bullion) make sure you know what you're doing...there are a lot of fakes out there.