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 Replies: 12 / Views: 1,303 |
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Moderator
 United States
23500 Posts |
Poll Question
There is much talk about buying and having gold
As you read articles that are available around the world there are different opinions as to what is the best gold coin to have.
One recent article I read said that the Austrian Philharmonic out sells all other gold coins
Which is your favorite and why?
each catagory includes fractionals (1/10 1/25/ 1/20 1/4 1/2 etc.)
rggoodie
aka Richard
"catch em doing something right"
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Pillar of the Community
United States
595 Posts |
1/10 gold American Eagles because it's all I can afford.
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Pillar of the Community
United Kingdom
1077 Posts |
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Pillar of the Community
United States
3294 Posts |
I voted other, because I think classic US gold coins will do better then the bullion types
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Moderator
United States
23731 Posts |
If I could afford to invest in gold it would be American Eagles.
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Pillar of the Community
Canada
598 Posts |
All of the above... at as close to spot(w shipping!) as possible.
Any world recognized, coin, round, bar for other... Sovereigns and halfs included.
Do not consider numismatic value when investing in pms for hard times... numismatic value evaporates first.
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Pillar of the Community
United States
2600 Posts |
ibgolden is dead on. If this is for investment purpose only, it does not matter the product. Gold is gold is gold and what you pay is all that counts. For me it is typically bullion.
Jim
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Pillar of the Community
 United States
5953 Posts |
I voted other as I buy for bullion not coin so what ever is closest or below spot gets my money..
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Pillar of the Community
United States
3098 Posts |
Quote:
Austrian Philharmonic out sells all other gold coins I also heard that Phils can be bought at any Austrian bank for a low premium... can anyone confirm this? |
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Pillar of the Community
United States
1228 Posts |
I chose the Australian Kangaroos simply because of the four .9999 the Austrian Philharmonic is the same with four .9999 I go with the most purety and thats the best way to go period. Analysts say that gold will be $2011 by 2011 time will tell  |
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Pillar of the Community
United States
6326 Posts |
Chose American Eagles for a couple reasons specific to me I guess. I've never bought a "precious metal" in coin form for a future investment short or long term in that sense or at that level in bulk where it would really matter. I would never buy an Eagle.....wait six months and then sell at a nice profit and walk away counting my dollars with a smile. I just don't think that way at all. It is "only" numismatic value for me as to why I bought it in the first place......and as mentioned, that may be the first thing to go when it boils down to it in dark times.....but that's okay, because my collection isn't for "dark times". It is evolved from my Great Grandparents, my Grand Parents, my Parents, ME, and then to family who can/will appreciate it for whatever it is at that time and long after me.....and that's really it. The Gold "I" have, is just to enhance my collection.......and Gold is sure purty !....and whether it goes up or down through the decades makes little difference in the appreciation for it to me. In fact, I wish Gold would take a dive down to about $219.00 an ounce for 8 or 10 years to let me afford to buy more of it ! Of course it makes me feel good to know that I have "precious valuable coins" in my collection !!....That's a big part of why I purchased them of course....But I guess it's just the "future profit" that I couldn't care less about ! I have no experience in other World Gold coins...... I've seen some beauties however.....and maybe someday I'll pursue some of those...but for now Eagles and Buff's and a few Gold Commem's are quite fulfulling for me !....  |
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Pillar of the Community
Canada
598 Posts |
Really, it's a matter of taste and what your goals are that determine what you collect. I'm thinking a 20 year term 'till I retire. In the mean time you can get really beautiful coins... like French angels and roosters, and other world circulation gold at darn near spot(from time to time). Maybe I will never part with them...  And the Canadian Gold Maples went from three to four nines(I don't recall the change year, but the RCM was actually the first to go four nines)... with experimental five nine varities for sale as well. ... and don't bring up the dying thing. I ain't leavin' if I can't take a buncha stuff with me! |
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Pillar of the Community
United States
6326 Posts |
Quote:
... and don't bring up the dying thing. I ain't leavin' if I can't take a buncha stuff with me! I plan on creating a " treasure hunt" just before I die !....  I will draw up a very complex map, with dangers along the way, something like Indiana Jones or something ! So, whatever family member wants my "coins", will have to jump through some serious hoops to get them !......  ..............  .......  Edited by eaglefoot
04/10/2009 09:03 am
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Replies: 12 / Views: 1,303 |
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Posted 04/09/2009 08:47 am
