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Pre-1933 Gold Coins

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Author Previous TopicReplies: 4 / Views: 1,109Next Topic  
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fengk's Avatar
United States
986 Posts
 Posted 07/17/2006  7:29 pm Show Profile   Bookmark this topic Add fengk to your friends list Get a Link to this Message Number of Subscribers
I'm thinking of getting into gold coins, partly as an investment. Obviously, this would require a lot of saving on my part, but it might be worth it.

Anyway, my question is what gold coins are actually out there and available at a price reasonably ($50 or so) above spot? And for those of you out there that collect gold coins, where do you get them? The dealer, ebay, Heritage...

Thanks for your help.
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Dewayne76's Avatar
United States
590 Posts
 Posted 07/17/2006  7:47 pm  Show Profile   Bookmark this reply Add Dewayne76 to your friends list Get a Link to this Reply
I have bought a couple off ebay. I don't have an answer to your question but if you are looking for a long term investment I would go for the older gold coins that were issued for circulation rather than the newer bullion coins.
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Bonedigger's Avatar
United States
1267 Posts
 Posted 07/17/2006  8:54 pm  Show Profile   Bookmark this reply Add Bonedigger to your friends list Get a Link to this Reply
You have to remember the older (pre 1933) gold coins are only .90% or less gold and the newer "bullion" coins are .999% or more gold. If your buying for gold content you must be aware of this.

Take Care
Ben
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ageka's Avatar
Belgium
2078 Posts
 Posted 07/18/2006  05:15 am  Show Profile   Bookmark this reply Add ageka to your friends list Get a Link to this Reply
quote:
Originally posted by Bonedigger

You have to remember the older (pre 1933) gold coins are only .90% or less gold and the newer "bullion" coins are .999% or more gold. If your buying for gold content you must be aware of this.

Take Care
Ben



an ounce of gold buried in a kruger is the same as an ounce of gold
at 99999 purity
so you only have to know the real gold content
Valued Member
sharktoy's Avatar
United States
129 Posts
 Posted 07/18/2006  08:06 am  Show Profile   Bookmark this reply Add sharktoy to your friends list Get a Link to this Reply
I have found many old gold coins on teletrade. During holidays you can get them cheaper because less people bid as they usually are on vacation.
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