The (Semi) Ultimate Gold Purchase - Coin Community Forum

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Author	Replies: 8 / Views: 1,263
tzarmarko Pillar of the Community 614 Posts	Posted 05/28/2012 10:02 pm So heres the story, on Sunday (Memorial day night) I was sitting on ebay, just browsing through coins. When I found a nice gold coin auction for a coin that fit my collection. So I put a bid that was a few dollars over spot. This raised the highest bid to $155 ($2 below spot). So I sat there, and to my amazment, no one bid! This left me the winner of the auction. In conclusion, I bought a Hungarian 1905 10 Korona gold coin for $155. That is $2 BELOW spot price. Now have you ever heard of that!?!?!? The coin: http://www.ebay.com/itm/20076383587....m1439.l2649 What do you think? SORRY: I edited because I accidentally put $20, not $2 under spot. Edited by tzarmarko 05/28/2012 11:00 pm Report this Post to the Staff

jokingjoker Pillar of the Community United States 2150 Posts	Posted 05/28/2012 10:13 pm What's the weight of these coins? Are they 90% gold? Report this Post to the Staff
tzarmarko Pillar of the Community 614 Posts	Posted 05/28/2012 10:17 pm It has 0.1 of an ounce of gold. And yes, they are 90%. Report this Post to the Staff
CoinHunter53562 Pillar of the Community United States 2049 Posts	Posted 05/28/2012 10:39 pm I'm confused on your #'s. You said it's 1/10th of an ounce of gold, and gold is currently about $1574 for a full ounce, so it would be $157.40 for 1/10th of an ounce. With the $9 or so shipping they were asking it would seem to be that you paid a little over spot, but definitely not $20 below spot. I'll be the first to admit that I am hungover still after a long day of drinking and fun in the sun yesterday. So please correct me if I am wrong? Still not a bad purchase at all by the way. Report this Post to the Staff
tzarmarko Pillar of the Community 614 Posts	Posted 05/28/2012 10:58 pm Umm yea, it just me. I kept on thinking $2 under spot but for some reason typed $20. I will try to change the main post. Report this Post to the Staff
hermanwilliams Valued Member United States 309 Posts	Posted 05/28/2012 11:38 pm That's sweet. I'd add that to my collection. Report this Post to the Staff
CoinHunter53562 Pillar of the Community United States 2049 Posts	Posted 05/28/2012 11:42 pm I still think you did very well lol. I love fractional gold pieces regardless of country of origin and if you can get the pieces at near spot even better! :) Report this Post to the Staff
mkman123 Pillar of the Community United States 3184 Posts	Posted 05/29/2012 12:06 am Very cool but remember some world gold are harder to sell Report this Post to the Staff
tzarmarko Pillar of the Community 614 Posts	Posted 05/30/2012 3:28 pm Thanks guys! And I'm not planning on selling my coins, at least not in the meantime. ;) Report this Post to the Staff
	Replies: 8 / Views: 1,263

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