Is It Possible To Still Buy Date Gold At Or Around Spot?

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Author	Replies: 7 / Views: 1,421
SDcoinguy Pillar of the Community United States 2424 Posts	Posted 10/14/2010 09:03 am i was curious if this was possible. I was looking at my type set at all the empty gold spaces and thought, 'can I get date gold for melt?' Report this Post to the Staff

fioti Pillar of the Community United States 4212 Posts	Posted 10/14/2010 12:27 pm I noticed some 1/2 eagles going @ melt in the last week. Report this Post to the Staff
oblakavshtanax Pillar of the Community United States 757 Posts	Posted 10/14/2010 12:30 pm i just sold two 1/10 ounces for 60 above melt. Report this Post to the Staff
SDcoinguy Pillar of the Community United States 2424 Posts	Posted 10/14/2010 12:46 pm the type 1, 2, 3 and quarter eagle melt values are around what my budget was. maybe if someone had an EF or lower grade maybe it would go for around melt? Report this Post to the Staff
jdubbs Valued Member United States 89 Posts	Posted 10/14/2010 2:21 pm this kinda pertains what I am going to ask. I am trying to learn more about this. if you have a gold proof and you are thinking about selling, I am assuming that they have to give you more then melt price? Report this Post to the Staff
hockingzig Pillar of the Community United States 1450 Posts	Posted 10/15/2010 08:39 am I don't know this for a fact but with the price of gold where it is and climbing, bullion value has probably outstripped numismatic value on common and/or lesser grade stuff. The premium above spot for most gold coins these days is 5-7%.Unless you get them here on the forum, I don't think you will get them for much under 5% premium. If you do, let me know where they are. The premiums are keeping me from buying these days. Report this Post to the Staff
XavierOfGreen Pillar of the Community United States 2589 Posts	Posted 10/16/2010 5:46 pm you can sometimes buy damaged gold coins for melt value, but undamaged ones are much harder to find since their numismatic value is over the bullion value Report this Post to the Staff
mmerc20 Valued Member United States 372 Posts	Posted 10/18/2010 10:12 pm I was wondering the same thing. I still want to add a $2.50 Indian to my Son's collection (he's only 4 years old and I'm building a nice group for him) but with the current gold price it is just out of the question to pay much more than spot price. I don't want to get a fouled up former jewelry piece, but the way it looks that is about my only option. Mike Report this Post to the Staff
	Replies: 7 / Views: 1,421

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