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Premiums On Age Proofs Disappearing?

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1081 Posts
 Posted 07/18/2011  12:25 pm Show Profile   Bookmark this topic Add DavidZerbato to your friends list Get a Link to this Message Number of Subscribers
I've noticed that the premium on $5 AGE proofs compared to the bullion coins has almost disappeared with the recent rise in gold prices. On ebay, you can get a proof coin for about $200 where the bullion coins are going for only $10-$15 below that. Do you think it would be a good time to stock up on some proof coins?
Edited by DavidZerbato
07/18/2011 12:25 pm
Pillar of the Community
DavidZerbato's Avatar
United States
1081 Posts
 Posted 07/18/2011  1:33 pm  Show Profile   Bookmark this reply Add DavidZerbato to your friends list Get a Link to this Reply
I guess I should add that you can still obtain $5 AGE proofs from the mint for about $200 as well. I know their pricing depends on the London weekly average (I think) so that could change soon.
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United States
362 Posts
 Posted 07/18/2011  1:49 pm  Show Profile   Bookmark this reply Add ICanSeeYou7687 to your friends list Get a Link to this Reply
Maybe with the prices so high, everyone just wants the gold, and not to pay a premium on a proof coin, thus driving demand down...
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