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 Replies: 24 / Views: 3,035 |
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Bedrock of the Community
United States
14454 Posts |
Quote:
Man, that thing HAD to have been cleaned... too pretty for how old it is :) I don't see any indication that it has been cleaned, you have to remember Gold doesn't tarnish like Silver and it will look the same for hundreds of years with very little change. So saying it is to pretty to be that old doesn't really apply to any gold coin |
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Pillar of the Community
United States
4008 Posts |
I agree with that, Bryan. Gold does not tarnish so should look extra nice for a very long time.
That said, old gold coins that have seen years of circulation will get dirt, oil, scratches, and nicks on them from general use and banging around with the other coins, keys, etc. in the pockets and purses of people who owned them. This is not a problem for the new gold coins that are not circulated and that spend their lives in protective wraps.
A lot of the old gold coins that are now for sale are sold as "cleaned". My guess is that in most cases, this simply means that they have been carefully washed and dried to remove the crud that naturally got on them through many years of use.
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Valued Member
United States
287 Posts |
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Pillar of the Community
 United States
802 Posts |
To continue on this topic... Gold is down about 2.5% ans silver is down 4.5%
It continues :S
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Pillar of the Community
United States
3670 Posts |
Wow 135, I just looked at the numbers and the bottom has fell out of both today, what a buying window now, esp for gold, as yesterday it was getting very hard to find any significant size gold coin shy of 200 dollars or less....
Edited by Silverhawk74
06/23/2011 2:55 pm
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Pillar of the Community
United States
802 Posts |
I've said it before and I'll say it again. God is up almost 1% while silver is stagnant. I would prefer the opposite :)
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Pillar of the Community
United States
2120 Posts |
Seems the attitude lately is, Protect against collapse with gold. Invest in silver as an Industrial metal, not a substitute for Gold.
At least thats the feeling I'm getting. Seems to match the recent trends.
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Pillar of the Community
United States
4008 Posts |
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Seems the attitude lately is, Protect against collapse with gold. Invest in silver as an Industrial metal, not a substitute for Gold. I agree, Ian. That said, though, the fundamentals for silver haven't really changed all that much. Consumption is still out-stripping supply, old hoarded silver is still being sold to scrap metals recovery companies, new silver mining capacity is not expanding much, if any, and retail demand is increasing. Personally, I like the fact that silver has so many uses.  |
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Pillar of the Community
United States
802 Posts |
Once again, we have gold up about 1 percent and silver down a half percent.
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Replies: 24 / Views: 3,035 |
First Page
Posted 06/21/2011 11:06 pm
