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Groszy:Yes, in most cases. Depends on the grade. The lower the grade of the coin, the closer to spot it becomes worth. Cleaned coins are also closer to spot.
I did some checking,and although I didn't find a "1915",there was a couple of 1901-1909's.The prices were a little out of the range of what I was planning on spending.However,if this new job works out that may change.
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Groszy:Gold is a very popular wedding gift in certain cultures, and to be quite honest, you can't go wrong with it. If you want to give something that will grow in value, what are you really left with anymore? Stocks? Bonds? CD's? (sure, you cannot exactly "gift" CD's, but you can do something close enough) CD's, though, have low interest rates, bonds aren't any better (savings bonds reach maturity now after around 20 years and have very poor interest rates as well), stocks...well, look at the stock market. Metal, on the other hand, while the prices have fallen in recent years, since it is used industrially, no matter what happens in the world (short of complete apocalypse) it will always be worth something.
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denco7:Wow ........ lots and lots of opinions. I think what you have thought if is a great gift for their future. It is thoughtful and despite what all the naysayers are saying, it is both a keepsake and an investment in their future.
They won't be able to spend it frivolously like cash. They will have to stash it. It will always be their nest egg, their super emergency fund, their plan B. And like you said, you are assisting them with the day to day stuff so giving them an investment towards their future instead of cash is perfect.
We seem to think alike.Not to mention the fact that IMO a CD,stock,or bond is just plain boring too look at.
And if need be...a coin would be easier to liquidate if an emergency situation arises.A plan "B" if you will.
Quote:I would get a 2015 AGE or Buffalo. Foreign gold is beautiful but nothing says " the American Dream" like an American Gold coin. Keep an eye open for a spot + sale at
APMEX, JM or Provident.
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JoshHellcat:I think that if you can swing it, a 2015 AGE is perfect. The eagle design is timeless and beautiful, the gold content may fluctuate, but it will always be valuable.
After doing some checking,I think I am leaning more towards the 2015 AGE.It does have a nice design to it.Even though I really like the Buffalo and the 'older' look.Still,it is in the same range as the 1900's coins.I also have to keep reminding Myself,this isn't For Me.
I would like to wait and see how this new job pans out,but if gold starts heading north,I probably will dip into the savings account and hurry up and bite the bullet on the 2015 AGE.Instead of using cash on hand.
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I have been scratching my head trying to remember who your granddaughter reminded me of, then it dawned on me. That looks exactly like me, looking at my coin collection
I know what Your saying...(please excuse the following mental picture)if you were take some hair off of the top,and place a full beard on the above picture,you would see Me on the floor giggling up a storm.
I look at My collection on the floor as well.I figure if they are on the floor they can't drop any further causing damage,or worse yet,rolling under something not to be found until later and the worrying causing even more grey hair.Whats left anyhow.
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Posted 02/19/2015 10:16 pm
