I thought you meant "back in my price range". Ie, $200, at least for me. But I probably would have noticed all of the bullion dealers jumping out of windows, if that were the case.
i dont think it will ever go back that low. if it does, count me inon buying a whole bunch - but then the price will go up.... i think the 500-600 range might be where it settles down around. it would stink for me because the only gold coin i own was bought at $800 last year... but oh-well, i love the coin!!!
Ahhhaaaaaa a stack ya say??/ I have me Pirate stack awaiting the right number of ye old glittering gold... me stack is almost 2.5 ft high.... Yikes!!! :mouth: RickieB
I can see what 1 oz pieces sell for on eBay. What whould one expect from a dealer (1 Krugerrand, 2 Maple Leafs, and 1 American Eagle). I'm not sure of dates, but my parents purchase prices were in the $570 range. Mom wants to raise a bit of cash and the timing seems pretty good. Thanks
i just sold a 1oz buffalo for $900 plus shipping last week. at the time of purchase gold was $810-815 i believe.
FWIW I believe that such high prices for gold is bad for the coin market. It reduces the nuemastic value of the coins and dampens demand for coins. Its not relaistically possible for even upper middle class families to pluck down $800 a coin, let alone to try to complete sets. And if your buying a gold coin for $800 then that is $800 in the value of the bullion and ZERO value for the coin itself. Ruben
Man, you got me excited too. Wish I had some gold to get excited about. I agree, I think gold will go no lower than $600, if it does then the demand probably will just bring it back up IMO. But, I'm no bullion expert. Or any expert at that. Phoenix
IF it's got an oz of gold - i.e. a double eagle. An $800 half eagle is $200 for the bullion and $600 for the numismatic value. But I understand your point about pricing people out, Ruben. It's a good point.
I think you're right. But I also don't expect the old prices to return for gold, so the larger and higher grade coins may be out of range for most collectors for a very long time. Maybe silver will become the new gold if the price goes high enough.
C'mon $850 ! What would you gentlemen suggest as the best way to sell one's gold ? Fastest ? Best Price ? Just curious, I've never sold any of my hoard.
the 'fastest' way ? spot price of gold, or a few dollars more. The last few weeks, gold has been as high as what 845? i saw 835, but thought someone said 845. wither way, take a look at the low for the same time perioed, and price it in that ballpark. use a buy it now.. i am sure it will sell REAL fast - use a 1 day auction too
I'm waiting for another dip in the market. my stack is only an inch or so tall. With gold at $800 an ounce I can't see it growing anytime soon.:goof:
This is why I have no problem just keeping mine no matter how high the price goes (granted I onlu have 2)... they are always worth more than spot gold to me and it's just not worth selling at that. I got a slabbed MS-70 GB for spot gold price. If I bought them for only the value of the gold then I would have a little fun and tap some edge lettering in them or grind a leg off the byson or something before selling them.. blasphamy I know.. I'd never do that but you get the point. The only reason I can see for ever selling them is if the economy dumps... or I retire and run outta money.
Howdy folks, Yeah, since bouncing off recent highs around 830, it's been stuck in a trading range although I'm neither smart enough, nor agile enough to attempt trading it. I'm of the camp that gold is only going higher and that this past week might be the last time we see gold for under 800 for a long, long time. Yeah, this makes it real tough for the vast majority of collectors to consider collecting any of the gold series. Er, try platinum. I think, as previously noted, most of us will be relegated to collecting silver and calling it good. and so it goes, peace, rono
