CoinTalk

Welcome to Coin Talk! Register Now, it's easy and FREE!

Thousands of coin collectors, numismatists, coin dealers, bullion investors, and enthusiasts make Coin Talk their number one source for numismatic news, information about US and world coins, discussions and community.

You are currently viewing Coin Talk as a guest, which limits your access to content, contests and information. By joining our free community, you will be able to join in discussions, contact other members, place free advertisements, enter contests, and much more. Registration is easy and free. Register Now


Go Back   CoinTalk > Coin Forums > Bullion Investing

Notices

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

 
 
LinkBack Thread Tools Rate Thread Display Modes
Prev Previous Post   Next Post Next
Old 09-20-2005, 12:04 AM   #1 (permalink)
Senior Member
 
silver surfer's Avatar
 
Join Date: May 2005
Location: san francisco
Posts: 453
opinions on selling gold bullion now

The situation is this... back in 1999-2000 I bought six ounces of gold bullion
(5 maple leafs, 1 AGE) paying an average price of $270-$280 per one ounce coin. In case you guys haven’t noticed, gold has gone up another $20 or so in just the last 4-5 day's. As of today it's 464.50 per ounce with maple leafs selling at 481.50 and 482.50 for AGEs.
I am considering three options with the gold.
1.sell it, make roughly a $1200.00 profit and reinvest that into coins and collectable currency.
2.sell and use the money for some long overdue car repairs
3.hold on to it for another 5 years.
I think we could easily see it hit $500/oz relatively soon
What to do
silver surfer is offline   Reply With Quote
 

Bookmarks
Would you like to support CoinTalk?

Coin Talk Code of Honor
1. Post unto others as you would have them post unto you.
2. Keep it clean, like a 1950s family television show.
3. If you don't like the coin, don't trash the person.

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
mint again selling gold Rono Bullion Investing 9 10-20-2007 04:22 PM
Fort Knox Gold Treashunt Coin Chat 0 01-10-2007 10:22 AM
Why new Gold is confiscateble Rob_0126 Coin Chat 41 08-02-2005 10:42 PM
Selling my 2005 NGC MS70 gold slabs on MoneyBucks MoneyBucks Auction Listings 0 01-26-2005 10:04 PM
Rare US Gold Coins - The Smallest Coin Chick US Coins Forum 0 10-17-2003 11:43 PM

» Newsletter
Sign up for CoinTalk's Newsletter
enter your email address below.
» Unanswered Posts
Do You Have the Answer?
» Sponsors

» Today's Top Posters
Top Posters in Last 1 Days
[50]
[31]
[26]
[16]
[15]
[15]
[15]
[14]
[14]
[13]

All times are GMT -4. The time now is 02:14 PM.


vBAdvertise v1.0.0 Copyright ©2009, PixelFX Studios
vBCredits v1.4 Copyright ©2007 - 2008, PixelFX Studios
Copyright 2008 CoinTalk
"Wiki" powered by VaultWiki v2.5.0.
Copyright © 2008 - 2009, Cracked Egg Studios.