Is It The Right Time To Get That Coin You've Always Wanted?

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Author	Replies: 6 / Views: 1,234
aardspeed Pillar of the Community 921 Posts	Posted 07/25/2015 09:31 am With Gold & Silver being so low, is it the right time to get that Gold or Silver coin you've always wanted? Report this Post to the Staff

1893S Pillar of the Community United States 1554 Posts	Posted 07/25/2015 10:41 am ? Report this Post to the Staff
KenKat Pillar of the Community United States 4085 Posts	Posted 07/25/2015 11:47 am I don't think silver prices would really prevent most people from getting a particular silver coin they wanted since it doesn't take much before the numismatic value outstrips the melt value. Gold, now that's a different story. I'd love to finish the gold page in my Dansco type set and lower gold prices would help a lot. What doesn't help is 11 years to go on the mortgage, a car payment with 4 more years to go and a kid starting college in the fall. So - gold page is not gonna happen for awhile at least. My 7070 US Type Set My 7100 Lincoln Cent Set (now with updates!) Edited by KenKat 07/25/2015 11:48 am Report this Post to the Staff
moxking Rest in Peace United States 17900 Posts	Posted 07/25/2015 12:29 pm with 7070. Unless you are talking about bullion coins, such as the American Eagle program, silver prices really don't make too much of a difference for folks buying "collector" coins. If I'm buying a Barber dime, or any such type coins, and paying $200 for that dime, the value of silver makes no difference to me at all. Gold, however, as 7070 mentioned, is a different story. The prices of collector gold coins, with the exception of rarer issues or high grades, do move in step with gold going up and down. The price of a common date Half Eagle in AU 50 - MS 61 is most certainly going to be affected, as an example. Report this Post to the Staff
plonker Valued Member United States 462 Posts	Posted 07/25/2015 12:44 pm Ditto to Kenkat. Silver melt value is fraction of the Numismatic value for certain coins.Example 1818 Bavarian constitutional thaler is in my list of wanted coins. Its melt value now is $12 but the numismatic value has not changed from around $300. http://www.ngccoin.com/price-guide/...-duid-196906 Report this Post to the Staff
Bertensgrad Pillar of the Community United States 1192 Posts	Posted 07/25/2015 1:58 pm Gold seems super high to me. Now silver is relatively low enough for me to collect junk halves so I guess. Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 07/25/2015 4:24 pm Yes, I think about the only coins meaningfully affected by bullion prices would be generic gold pieces, so if that's your poison, just decide which way you think prices are headed! Report this Post to the Staff
	Replies: 6 / Views: 1,234

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