Posted 07/04/2014 01:21 am
Congrats tdreiling! You're buying after a big drop in prices over the past 18 months. The Saint Gaudens obverse is beautiful, and pretty well reproduced on the Eagle bullion coins. As you add to your stack of gold you'll find that larger-sized coins offer better value due to less mark-up percentage per coin, so saving for bigger purchases is more economical.
Regarding handling, keep in mind resale potential, and keep the bullion as pristine as you can to maintain eye appeal. Future prospective buyers will have a wide selection to choose from, and will pass on your coin if it has a finger print or some other noticeable detractor. Avoid the plasticized coin flips for storage to prevent PVC damage.
Some of the gold coins in my collection I enjoy the most are the lightly circulated Coronet Head gold business strikes. I feel comfortable picking one up raw, feeling the weight of the gold in my hand, and dreaming about carrying one of them in my pocket a century ago instead of the $5, $10 or $20 paper currency we stuff in our wallet today. I'm more comfortable handling these gold coins than my circulated Lincoln Cents because I know gold is indestructible, it won't tarnish, and I can wash it. If I get a little skin oil on a gold coin, a little warm water and dish soap does away with it, with no harmful effects. Can't say that for copper.
Drop a gold coin to the bottom of the ocean, go back a thousand years later and pick it up, and the whole coin will still be there. That is one of the many appeals of gold.
Regarding handling, keep in mind resale potential, and keep the bullion as pristine as you can to maintain eye appeal. Future prospective buyers will have a wide selection to choose from, and will pass on your coin if it has a finger print or some other noticeable detractor. Avoid the plasticized coin flips for storage to prevent PVC damage.
Some of the gold coins in my collection I enjoy the most are the lightly circulated Coronet Head gold business strikes. I feel comfortable picking one up raw, feeling the weight of the gold in my hand, and dreaming about carrying one of them in my pocket a century ago instead of the $5, $10 or $20 paper currency we stuff in our wallet today. I'm more comfortable handling these gold coins than my circulated Lincoln Cents because I know gold is indestructible, it won't tarnish, and I can wash it. If I get a little skin oil on a gold coin, a little warm water and dish soap does away with it, with no harmful effects. Can't say that for copper.
Drop a gold coin to the bottom of the ocean, go back a thousand years later and pick it up, and the whole coin will still be there. That is one of the many appeals of gold.
