What To Look For - Coin Community Forum

To participate in the forum you must log in or register.

Author	Replies: 7 / Views: 1,522
coins92 Pillar of the Community United States 851 Posts	Posted 06/06/2010 09:18 am I am about to go to a coin show and was pondering the idea of trading a good majority of my rarer high end coins for gold. Such as mint state Saint Gaudens or Eagles. Do any of you have opinions on this. As I see gold getting stronger I feel people won't pay as much for coins that have their value solely backed by rarity. Report this Post to the Staff

needgames4lyfe Valued Member United States 323 Posts	Posted 06/06/2010 09:22 am If I were you I would double dip - that is, in a rare gold coin (two markets) Report this Post to the Staff
SsuperDdave Moderator United States 23522 Posts	Posted 06/06/2010 09:50 am Quote: As I see gold getting stronger I feel people won't pay as much for coins that have their value solely backed by rarity. Rarity is the only consistent guarantor of value. Is the price of gold going to be up, or down, tomorrow? Report this Post to the Staff
macmercury Pillar of the Community United States 5822 Posts	Posted 06/06/2010 10:20 am The old saying is true - Don't put all your eggs in one basket! Gold may go up another 50% or go back down 25%, but rare coins stay consistent in value. A small part of the reason gold is going higher is that real estate in China is stronger than any I seen in many years, and the people that made money in real estate are buying pounds and pounds of gold, like the dot com era, real estate in China is going to burst one day and holding gold is a hedge against the loss that's going to happen. This solely depends on when as China is one day communist and one day wanna be capitalist. Report this Post to the Staff
nolawyer Pillar of the Community United States 763 Posts	Posted 06/06/2010 10:27 am I agree with SuperDave. Rare coins (either gold silver or copper) are safer investments than common gold coins. Report this Post to the Staff
Tim Stroud Pillar of the Community United States 2661 Posts	Posted 06/06/2010 1:03 pm Just remember that all bubbles burst eventually. Gold is being mined at a feverish pace so more and more becomes available every single day. A rare coin is just that rare. No more of those are being made with the exception of the fake ones rolling out of such places as China. maybe trade a few off and do as needgames4lyfe yes and pick up a rare gold or two. Report this Post to the Staff
coins92 Pillar of the Community United States 851 Posts	Posted 06/06/2010 2:30 pm Well I ended up buying an NGC 1877 S Trade dollar MS62. I'll post photos when I get home. Report this Post to the Staff
jbuck Moderator United States 187702 Posts	Posted 06/06/2010 10:52 pm You made the right call. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
	Replies: 7 / Views: 1,522

To participate in the forum you must log in or register.

All Forums Category: General Numismatic Forums Forum: Main Coin Forum

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.25 seconds to rattle this change.