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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 05-30-2009, 03:35 PM   #1 (permalink)
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US $5.00 gold coin

I picked this coin up last summer from my local coin shop for about $88.00 plus tax. I've been told that these coins stopped minting early and that this might be worth substantially more than the gold spot. Can anyone here confirm this?



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Old 05-30-2009, 04:59 PM   #2 (permalink)
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You bought for a great price. The $5 coins usually seem to sell for more than spot anyway. I can't confirm whether the mintage is low, but gold coins don't seem to develop big premiums as easily as other coins. I suspect this might be because few people collect gold by the usual date/mintmark method.
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Old 05-30-2009, 09:56 PM   #3 (permalink)
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Old 06-01-2009, 04:58 AM   #4 (permalink)
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The picture is small but if it is a 2008 and has a small W under the 2008 then it is a low mintage coin. Those were only sold from the mint directly, the regular 2008 without a W were sold by dealers.

My guess is the one you have has no W so is the high mintage coin though.

Last edited by CentDime; 06-01-2009 at 05:02 AM.
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