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I Touched Gold Today!

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SaintRidley's Avatar
United States
592 Posts
 Posted 05/12/2012  10:30 pm Show Profile   Bookmark this topic Add SaintRidley to your friends list Get a Link to this Message Number of Subscribers
Okay, so it's probably pretty lame to make a thread for this, but here goes.

I've held silver before. Heck, I own nearly twenty four ounces of it. I don't own any gold, though, and until today I've never even touched it.

I got to today, though. Held a 1924 St. Gaudens double eagle. All I can say is wow. I wish I had the kind of disposable income that would allow me to buy one of those.

So, um, if it makes this more discussion oriented, please share your first experiences with precious metals.
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amida17's Avatar
United States
4897 Posts
 Posted 05/12/2012  10:39 pm  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply
Never owned jewelry?....
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614 Posts
 Posted 05/12/2012  10:59 pm  Show Profile   Bookmark this reply Add tzarmarko to your friends list Get a Link to this Reply
Im pretty sure he means in heavy, bulky coin form.
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Spider5689's Avatar
United States
2269 Posts
 Posted 05/12/2012  11:17 pm  Show Profile   Bookmark this reply Add Spider5689 to your friends list Get a Link to this Reply
Its a memorable experience when touching a gold coin for the first time. I remember it well. Its an even more memorable experience to purchase your first gold coin.

Have you thought about maybe purchasing a less expensive gold coin such as a 1/10th ounce gold Eagle or a Type 1-3 gold dollar. They are pretty inexpensive to own compared to others on the market. The type 1 gold dollar was my first gold coin and a 1/10th gold Eagle was my second. I still own both and love looking at them.
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amida17's Avatar
United States
4897 Posts
 Posted 05/12/2012  11:20 pm  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply

Quote:
Im pretty sure he means in heavy, bulky coin form.


Yeah...I got it....just being stoopid...hence the face....
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terrib's Avatar
United States
67 Posts
 Posted 05/12/2012  11:30 pm  Show Profile   Bookmark this reply Add terrib to your friends list Get a Link to this Reply
Congratulations! It's pretty cool feeling. I remember the first gold coin I held and was surprised at how heavy it felt.
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SaintRidley's Avatar
United States
592 Posts
 Posted 05/12/2012  11:35 pm  Show Profile   Bookmark this reply Add SaintRidley to your friends list Get a Link to this Reply

Quote:

Have you thought about maybe purchasing a less expensive gold coin such as a 1/10th ounce gold Eagle or a Type 1-3 gold dollar. They are pretty inexpensive to own compared to others on the market. The type 1 gold dollar was my first gold coin and a 1/10th gold Eagle was my second. I still own both and love looking at them.


I have, but even at that size the price is a bit scary to me at this point. I'm living off grad student levels of income, so money's always a bit tight.

I look forward to an opportunity to save enough to do so, though.



And amida, no, not really actually. I'm not much of a jewelry person and my fiancee hates gold jewelry*. I suppose I've touched my parents' wedding bands, but rings don't really count. I'm talking bars and coins. Real stuff, if you will.

*She also hates diamonds. How lucky am I?
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614 Posts
 Posted 05/12/2012  11:49 pm  Show Profile   Bookmark this reply Add tzarmarko to your friends list Get a Link to this Reply
Well, at least the anniversary presents dont have to be so expensive :D
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amida17's Avatar
United States
4897 Posts
 Posted 05/12/2012  11:55 pm  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply
....it sounds like you are very lucky!
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The Silver Searcher's Avatar
United States
1388 Posts
 Posted 05/13/2012  12:20 am  Show Profile   Bookmark this reply Add The Silver Searcher to your friends list Get a Link to this Reply
Cool! Where was it?
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SaintRidley's Avatar
United States
592 Posts
 Posted 05/13/2012  12:58 am  Show Profile   Bookmark this reply Add SaintRidley to your friends list Get a Link to this Reply
Up in Rochester, MN during the Gold Rush flea market type thing. There were a few coin dealers around, but I found one whose selection I rather liked.
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 05/13/2012  01:13 am  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
Holding a real substantial amount of gold in hand, esp in coin form is a cool thing, or even better large bar....

Good luck on your pursuit of gold acquisitions, an I would suggest perhaps considering a quarter oz., as it is a good mid range size, via not to small like a 1 10th gold dime, but not nearly 2 grand like a 1 oz. coin....

Also old gold is a great investment, via pre 33....

I am a big fan of the 10 dollar Indian at nearly a half oz. as well, but again you are getting into some serious money half oz. premiums an up....
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mitchhailey's Avatar
United States
1150 Posts
 Posted 05/13/2012  01:51 am  Show Profile   Bookmark this reply Add mitchhailey to your friends list Get a Link to this Reply
Awesome. You've reminded me of what it felt like to hold a one ounce gold bullion coin for the first time. Thank you!
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chris12018's Avatar
United States
2130 Posts
 Posted 05/13/2012  08:41 am  Show Profile   Bookmark this reply Add chris12018 to your friends list Get a Link to this Reply
I know the feeling. I remember when I purchased my first 2 1/4 Eagles (1 Indian Head & 1 Liberty head)at $255 each. I sent them to NGC & they both came back AU55. Which only added more excitement to my purchase.
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enworb's Avatar
Australia
4411 Posts
 Posted 05/13/2012  09:05 am  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
When I had just finished school at the end of 2008 I was invited to go on a mining industry holiday/tour of various mine sites in south eastern Australia.

At one of the sites we were permitted in the gold room and were able to pick up some of the gold bars. They made two sizes of gold blocks. The larger one was described as being worth about $1.2 million Australian dollars. In 2008 gold was around $1000 per oz so I think it mustve been about 1200 ounces.

I am going to try and hunt fown the photos of me holding it but may take a bit of hunting. Thats my gold story anyway.
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Tim Stroud's Avatar
United States
2661 Posts
 Posted 05/13/2012  12:12 pm  Show Profile   Bookmark this reply Add Tim Stroud to your friends list Get a Link to this Reply
Save a little money and buy a nice $1 gold coin, not the so called "gold dollars" but an mid to late 1800's dollar. the 1849 can be bought in F12 for around $160. Then you can touch gold every day, your gold!
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