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Bullion Investing Discuss gold, silver, platinum and other metals sometimes formed into coins and sold as investments.

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Old 08-16-2008, 05:46 PM   #1 (permalink)
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I have the original in mint packaging Burnished 2006 W 1/10 and 1/4 Platinum Eagles and have been considering selling them, but there hasn't been a well defined pattern on Ebay so that I can have an idea of what to expect. Have any ideas?
platinum have gone down almost $600 an ounce, might be too late to sell. Didn't pay attention to platinum prices, I should've sold mine too.
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Old 08-17-2008, 11:24 AM   #2 (permalink)
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platinum have gone down almost $600 an ounce, might be too late to sell. Didn't pay attention to platinum prices, I should've sold mine too.

I sold my platinum at $1875 -1950 with an average cost of $770 from several ounces in 1997-1999. Would have sold at $2300 after S. Africa cut production, but got greedy as I thought the sky was the linit. After the fall back to $1800 I told my self if it hit $2000 I would sell and did. Overall my profit is very nice and if I sold my remaining 2006 W 1/10 and 1/4 for a $1 I would still be doing very well. In short I do pay attention to the price of Au & Pt. I held on to the 1/10 and 1/4 oz because of the extreme low mintage and at this point am not to worried about falling Pt prices. From what I gather the 1/10 oz still has a approx price level of $400 and the 1/4 $900, but it is a thin market and prices are volatile. At this point with falling Pt prices my only concern is 2008 will become the new key date kicking 2006 to spot. In addition the 2009 "unity" theme is dog ugly and may be an even greater lower mintage. Even if it is low there are many others to follow that may be even uglier. The 2006 reverse is somewhat classical to me and I really like it, but the 2008 design compared to the Eagle/owl combo is enticing and depending what happens by year end I may just have to buy a 1/10.

Last edited by Aberlight; 08-17-2008 at 11:44 AM.
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Old 08-17-2008, 03:36 PM   #3 (permalink)
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Those of us that buy "bullion" coinage from the Mint, whether it be silver, gold or platinum, should not buy it with the intention of making any kind of profit or we will be surely disappointed. We should buy it because we like the coinage and nothing else. I can sit here all day and kick myself for buying the buffalo coins at the prices that I bought them for, but what good would that do. The mint won't change their prices just because the market took a downturn. If the value of the precious metals goes up, then that is just a bonus for us collectors. We must realize that the value of these coins most likely will never be determined by supply and demand, but rather by the value of that particular metal at any given time. Who knows.... maybe twenty years from now we will be the ones laughing all the way to the bank.
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Old 09-09-2008, 12:54 PM   #4 (permalink)
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Those of us that buy "bullion" coinage from the Mint, whether it be silver, gold or platinum, should not buy it with the intention of making any kind of profit or we will be surely disappointed. We should buy it because we like the coinage and nothing else. I can sit here all day and kick myself for buying the buffalo coins at the prices that I bought them for, but what good would that do. The mint won't change their prices just because the market took a downturn. If the value of the precious metals goes up, then that is just a bonus for us collectors. We must realize that the value of these coins most likely will never be determined by supply and demand, but rather by the value of that particular metal at any given time. Who knows.... maybe twenty years from now we will be the ones laughing all the way to the bank.
we?? i think only you joe only you
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Old 09-09-2008, 12:57 PM   #5 (permalink)
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we?? i think only you joe only you
What have you been doing for the past month???? Sleeping? Oh thats right, you have been on vacation.
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Old 09-09-2008, 01:02 PM   #6 (permalink)
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What have you been doing for the past month???? Sleeping? Oh thats right, you have been on vacation.
for the past month i am thinking on how i am going to build my collection in the future the vacation was only a week and a half the idiots sent me 3 silver proof sets today and all of them had issues so much for my new plan. needless o say all of them are going back
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Old 09-09-2008, 01:22 PM   #7 (permalink)
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for the past month i am thinking on how i am going to build my collection in the future the vacation was only a week and a half the idiots sent me 3 silver proof sets today and all of them had issues so much for my new plan. needless o say all of them are going back
Sorry to hear that you got 3 bad sets. I know that must be aggravating. Maybe you need to go back on vacation!
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Thomas Paine, Intro to the The Crisis, December 19, 1776
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Old 12-03-2008, 06:05 PM   #8 (permalink)
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2008 american eagle platinum uncirculated series is sold out.

2008 american buffalo gold proof series have one half ounce left for sales. while the uncirculated version have one ounce and one half ounce remainding.

hurry before you miss the train.
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Old 12-06-2008, 03:18 AM   #9 (permalink)
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only 1/2 ounce american buffalo proof gold coin left. hurry before it is sold out.

well, you can also buy 1/2 ounce american buffalo unc gold coin and 1/2 ounce american eagle unc gold coin in a 8-8-08 prosperity set.
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Old 09-09-2008, 04:47 PM   #10 (permalink)
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Old 09-09-2008, 05:37 PM   #11 (permalink)
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No.
you only have to answer if you are interested
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Old 09-10-2008, 12:01 AM   #12 (permalink)
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Here.... Let me get this thread back on course.....Ahhhhhhh... there we go.
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Old 10-23-2008, 12:45 PM   #13 (permalink)
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too many

it seems the buffalo gold series sell well. the mintages might be high as compare to others. i don't think it can fly high. the next two years or so might be the right time to buy them.
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Old 12-02-2008, 02:41 PM   #14 (permalink)
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hurry.... the buffalos were almost sell out.
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Old 12-03-2008, 12:14 PM   #15 (permalink)
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only three out of ten still available from the u.s. mint. proof 1/2 oz and unc 1 oz & 1/2 oz. the rest were sold out.
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