first gold bullion purchase

**brewerbonsai** · 03-25-2011 07:49 PM

I invested in my first gold item today. What do you think? Click here to enlarge

**jasontheman07** · 03-25-2011 08:01 PM

not sure if you got a good deal or not, but sure looks like some nice shiny gold! Click here to enlarge

congratulations! Click here to enlarge

**hyperinflation** · 03-25-2011 08:49 PM

Spot for that is 143$ and I know nothing about MS70 bullion maybe the others can help, Nice pickup though I gotta get me some gold sill.

**5dollarEdunote** · 03-25-2011 09:36 PM

Nice purchase, I just hope you didn't pay excessive prices for this coin, as it is an MS 70.
Remember, it's just bullion.

**chridular** · 03-25-2011 11:02 PM

Looks quite nice. But as the other posters have said, it is just bullion, so be aware of the pricing. Especially when the label reads "Early Release" or "First Strike" or some other nonsense. These words give sellers an excuse to raise the price even when it doesn't make a difference. If you are putting together a "70" set then that's fine, but if you are just buying gold bullion, I'd stick with MS 69 or lower if graded. That way you're not paying too much of a premium. Nice piece!

**defcon505** · 03-26-2011 12:08 AM

Look's really nice. Congrats!

**mkoenig** · 03-28-2011 09:50 AM

Not bad good thing about / and bad thing. It's certified.

If gold falls the numismatic value will exceed the intrinsic value and you still retain some value.