Gold coins
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March 23rd, 2009 at 4:46 am
Westerndeep. With all due respect, it should be noted that a PCGS certified MS70 American Gold Eagle has a book value of $1400 which is a substantially higher than the 1 oz raw gold bullion price at the moment now of around $950 - 1000. I disagree that the handling of a bullion coin doesn’t matter. It most certainly does. But, hey they belong to you and you can do with them what you want. Very, very nice collection!
March 26th, 2009 at 5:42 am
if you are a coin collector it matters.
if you are an investor, gold is gold.
March 26th, 2009 at 7:57 am
Well, I need to revise my comments. The condition of a gold bullion coin may matter. Some dealers attempt to command a premium for new, never before handled gold bullion coins. Some buyers only want perfect gold bullion coins and are willing to pay a premium for them. Given the choice between a dinged up, worn or handled American Gold Eagle and a mint condition, flawless American Gold Eagle, I’d prefer to own the one in the best condition. Generally though, bullion is bullion, gold is gold.
March 27th, 2009 at 7:24 am
You may exchange your finger ingot for the my house sand bar of 1g. Your joke is interesting. gold is strong than paper money.I turst gold only
March 28th, 2009 at 2:02 pm
Your 100% Rubber band? to optain elasticity, it has to be vulcanized, to vulcanize Rubber, is has to have chemicals included, such as sulfur, clays, acceleradors, so your rubber band is 73% PURE RUBBER
March 31st, 2009 at 12:54 am
Where did you buy them from ?
April 1st, 2009 at 10:56 am
Yes i am a rookie and i havent got a clue , i have no education and i am unemployed, but i noticed its about £ 750 for a 1 oz coin .
for £750 i got a 7oz chain , and a king edward sovereign ring
April 1st, 2009 at 10:58 am
ebay
April 4th, 2009 at 6:06 pm
Why would you handle such beautiful coins bare hand like that. Unless they are replicas or something. I collect coins not even many gold but I still handle them with much care and cotton gloves. Charismatically you gold coins are loosing value for handling them this way.
Take better care of them buddy, they are beautiful coins.
April 4th, 2009 at 6:15 pm
Then they have to be fake coins. I haven’t seen an ounce of gold coin under $300.00 anywhere. Let me know where you got 3 coins under $500.
April 5th, 2009 at 4:43 am
The issue is one of definitions. I think that as soon as the surface condition of a coin affects the value, it’s no longer bullion, it’s a numismatic coin. By definition, bullion is gold sold on the basis of weight only. I’ve sold many 1 oz coins to bullion dealers, I’ve always received payment based purely on weight, and surface condition has never been an issue.
April 5th, 2009 at 4:59 am
check out my coin collecting videos!!! PLZ
April 5th, 2009 at 2:24 pm
I agree with you, rainbowcoins. Read through the comments. One person recently commented that he or she is glad to know it’s OK to handle a coin this way and happy to learn from Westerndeep, that the condition of the bullion coin doesn’t matter. Notice how Westerndeep keeps a pack of silica in with his coins and he even says himself that he prefers 22K over 24K because the 22K coins don’t scratch and get dinged up as easily. The condition of the coin does matter to him, to some degree.
April 11th, 2009 at 2:36 am
I agree with Rainbow. The handling of them is an out rage. He should have bought bullion bars.
April 11th, 2009 at 6:09 am
You obviously haven’t bought gold coins from a bullion dealer. They are literally poured from a bag and tossed around. It’s all about the weight.
April 12th, 2009 at 8:46 am
You see they package a lot of the various bullion coins in mylar or capsules expressly so idiots don’t manhandle and fingerprint the crap out of them.
April 12th, 2009 at 8:57 am
you’re the one who is showing ignorance. The coins that are slabbed in plastic are not bullion, they are numismatic (collectors) coins. You’ve obviously never bought bullion or seen how it’s handled by dealers. I trade bullion and believe me its handled pretty heavily without plastic.
April 12th, 2009 at 7:21 pm
nice gold coins… check out my collection if you want or maybe even subscribe
April 16th, 2009 at 10:24 pm
damn nice rubberband!
April 23rd, 2009 at 11:30 pm
beautiful collection !
April 24th, 2009 at 11:31 pm
check out this rich guy
April 25th, 2009 at 2:35 am
That’s a lot of gold!
April 25th, 2009 at 3:24 am
the american buffalo are more expensive
April 25th, 2009 at 5:35 am
you should sell those and buy old gold coins from like the 1920’s
April 26th, 2009 at 9:18 pm
holy shit!