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Will Price Of Gold Spike Back Up ?

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skip79's Avatar
Canada
403 Posts
 Posted 12/05/2014  4:41 pm  Show Profile   Bookmark this reply Add skip79 to your friends list Get a Link to this Reply
Further to your point, I think we (at least in Canada) will see the first interest rate increment next Spring, which will be a key litmus test that will be analysed to death over the next 6-12 months thereafter.

Back to the price of gold: has anyone seen the 6-piece BoC 1912-1914 gold hoard set (originally released by the RCM for $12k) for resale anywhere since the initial release? I believe the RCM assembled 75 sets from the top graded coins from the hoard, and after they sold out, I never saw or heard another thing about these sets. To date, I've not seen them on ebay or other reseller sites at all. If they were to start surfacing, I wonder (strictly out of curiosity) how much they would sell for in these (or future) adverse gold market conditions...?
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AgCoinAu's Avatar
Canada
3049 Posts
 Posted 12/05/2014  6:14 pm  Show Profile   Bookmark this reply Add AgCoinAu to your friends list Get a Link to this Reply
My best guess is that Gatewest may have picked them up.... when that horde became available... almost everything was bought up by them! Give them a call or shoot 'em an e-mail and see if they have one.

Awhile ago I picked up a 1912 $5 piece... the details are fantastic... but the colour is off... I fear it has/had been cleaned... Never the less I didn't continue with the set as gold prices were dropping like a knife. I think most of these coins one could pick up at or very close to spot.. with the exception of top grade pieces.
Pillar of the Community
Canada
5324 Posts
 Posted 12/05/2014  6:24 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
A set of BOC sold at Heritage this past Feb. for about 10,000.00 it graded poorly, and sold below issue.
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Pacificoin's Avatar
Canada
5402 Posts
 Posted 12/05/2014  7:30 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
What a surprise ..........not!!
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skip79's Avatar
Canada
403 Posts
 Posted 12/05/2014  8:14 pm  Show Profile   Bookmark this reply Add skip79 to your friends list Get a Link to this Reply
AG, I've watched the copious ads Gatewest plasters in CCN, and have never seen an ad for the 6-coin set, but I have seen tons of ads for individual PCGS certified for all years and denominations. Very interesting John, I'm actually surprised it went for as high as $10k given the market conditions (even considering gold was doing better in Feb than it is today).
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Vancouver IslandCoinKid's Avatar
Canada
1074 Posts
 Posted 12/06/2014  12:02 pm  Show Profile   Bookmark this reply Add Vancouver IslandCoinKid to your friends list Get a Link to this Reply
we all should understand that no one will ever know what the price of gold will do, infill 1 person in the world will own all of the supply!

Is it looking promising...!?
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