I usually only buy modern commemoratives with historical meaning behind them and the one in question is on my list. Currently they're going for around $400, which would translate to $1600 in bullion value. Should I buy one now before gold breaks $1500? I would think the sellers are about to adjust their prices accordingly. If so, by how much?
ANA member - PAN Member - BCCS Member There are no problems only solutions - the late, great John Lennon
Common $5 Gold commemorative coins in MS & PF 70 both sell in the $370-390 range, your choice NGC or PCGS.
The 2006 SF is considered common, even with <20K mint on the MS.
Dealers at shows sell them for spot +5-6%, if they can find a buyer. With very few exceptions the gold commemorative coins are closer to bullion than AGE.
I'd pay $850 for a MS-70 Boys Town but most are asking higher and selling NONE, and that's with less than a 3K mintage.
Wow! I like the direction your commemorative is going. Gorgeous.
More than likely I'll buy one the first of the month at an upcoming coin show. I generally see slightly better deals on gold there rather than from ebay listings/closings. Or at least in my area. Two of my six came from a show.
ANA member - PAN Member - BCCS Member There are no problems only solutions - the late, great John Lennon
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