$5 gold commems at melt, yea or nea ?

I agree with you, Cloudsweeper, the obverse Elizabeth Jones design (from memory) is a real keeper, and the proofs when showing deep contrast against mirrored devices, sometimes with fantastic/unusual toning which some of these pieces seem to acquire, makes them truly beautiful.

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Many of the modern commems command huge premiums and many sell at close to melt. I buy them from the mint and the secondary market if I can cherry pick higher grades in original mint packaging. Seems lately most of the bargain prices for these commems are for picked over, lower grade, problem examples.

 

The low mintage from the First Spouse gold has removed most of the premium on the lower mintage $5 gold. If you can get the lower issue pieces at spot or close to it. Its a no brainer always will be worth gold and maybe more.

 

i picked up a 3 piece set with a clad 1/2 this morning for $357, works out to $1378/oz. for the gold piece. i never thought buying gold this much under spot would be so easy....i wish i had discovered these before.

 

Where? ebay?

 

yep

 

My guess would be locally. (Edit: And my guess would be wrong, since 9guns acknowledged eBay as source.) I tried selling one of my 1993 sets on CL for $825 ($20 for the 'presentation box' plus spot, basically). Some guy offered me $700 and laughed when I told him I won't sell for a DEEP discount to spot. That leads me to believe others ARE selling that far below spot. To make matters funnier, he attempted to reason to me that I should sell to him below spot, since he's "a collector and not gonna melt or sell for melt." I basically said that's ludicrous when I can sell for spot to coin dealers. I didn't think that was so far off the mark, since the proofs in the set have clean fields. That got me to thinking that I should submit the coins for grading.

 

just got my first one in, it has the 90% half. i just did the final math on it and after taking the melt of the silver away im into the gold piece at $1387 an oz.