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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 06-25-2009, 11:50 PM   #1 (permalink)
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What's a reasonable price for 1/10th oz gold?

On feebay they run from 100-150$. I'm on a limited budget so is it worth even getting these or should I just use it for silver 2$ above spot? Opinions welcome

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Old 06-26-2009, 12:05 AM   #2 (permalink)
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I think it is worth it to buy the 2006 w gold eagle, the 2007 w gold eagle, and the 2008 w gold eagle as they are the low mintage coins of the 1/10 uncirculated gold eagles. Also the 2008 w buffalo 1/10 gold if you can get a steal on one of those.
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Old 06-26-2009, 12:07 AM   #3 (permalink)
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Anywhere in particular I can grab them? or just use ebay?
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Old 06-26-2009, 12:07 AM   #4 (permalink)
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I think $100 is reasonable as there is a premium over what would be expected for corresponding larger units. At the last couple of coin shows, I have been able to buy them in a slab for $105. I only buy them to use as gifts ( Christmas, birthdays, graduations, etc.).

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Old 06-26-2009, 12:24 AM   #5 (permalink)
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thanks, it's going to be hard to find one for me!
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Old 06-26-2009, 02:15 AM   #6 (permalink)
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I think if you can find them under $120 your doing good. Going rate today is around $120-125
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Old 06-26-2009, 02:50 AM   #7 (permalink)
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Here is the difference between the 2008:

2008 gold eagle 1/10

http://cgi.ebay.com/2008-Fine-Gold-5...3%3A1|294%3A50

2008 W Gold eagle 1/10

http://cgi.ebay.com/2008-W-GOLD-EAGL...3%3A1|294%3A50

The first one is high mintage, the second one is the low mintage one. Be sure to get the ones with the W. For all three years it is the same.

I would buy graded coins if you can, just try to snipe them off of Ebay, bid at the last minute only if possible.
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Old 06-26-2009, 11:14 AM   #8 (permalink)
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Personally, I don't like the 1/10oz size. It's soooo small.

If you have a limited budget..either save it for a while and buy a 1/2oz or just buy silver (more bang for the buck). You can get a nice roll of mixed date circulated silver quarters for $120.
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Old 06-26-2009, 02:06 PM   #9 (permalink)
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yeah I just bought 7 ounces in bars yesterday, I'm pretty set with silver. I want to grab some gold incase silver divebombs, so I'll just save up for the 1/2 oz
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Old 06-26-2009, 04:37 PM   #10 (permalink)
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Estate auctions are a great price to find a good buy on 1/10 th or any coin. Traci
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Old 06-26-2009, 05:22 PM   #11 (permalink)
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I just hate paying the premiums for the fractionals. For example Apmex currently list these prices.

1/10 - 127 ...thats 127x10= 1,270 an ounce.
1/4 - 282 ..thats 282x4 = 1,128 an ounce
1/2 - 545 ..thats 545x2 = 1,090 an ounce
1 oz - 980 an ounce.

By buying 1/10 coins you are paying $290 more an ounce.
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Old 07-08-2009, 10:35 AM   #12 (permalink)
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2008w am buffalo gold proof:
one ounce - $2,150.00
half ounce - $1,025.00 or $2,050 per oz.
1/4 ounce - $680.00 or $2,720.00 per oz.
1/10 ounce-$400.00 or $4,000.00 per oz.

the 1/10 oz. went up faster than the rest.
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Old 07-08-2009, 11:28 AM   #13 (permalink)
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I got this one at melt price

There are deals out there you just have to look! I paid $0 premium on this coin.
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Old 07-08-2009, 10:37 PM   #14 (permalink)
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There are deals out there you just have to look! I paid $0 premium on this coin.
Gorgeous Yankee! Nice grab!!!
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Old 07-09-2009, 09:29 PM   #15 (permalink)
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Small gold

Per ounce small gold per unit is expensive.
That said if that is in your budget, it is better then doing nothing.
Good MS 69 coins can be had for reasonable prices if you watch what you are doing. Many are not worth putting under plastic unless you purchase that way.
Summer time may bring a lull, to buy in.
If by Christmas gold goes over a thousand dollars.The stimulus money hits the markets as newly printed currency. Then all bets are off how much gold will go up, and how much inflation will be generated .

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