How is it a "win-win situation" for a collector, when they can't afford to collect? I mean, I'm really happy for you that you have stockpiles of gold and silver, but gold and silver rises are putting some series far out of reach of many, so I really don't see how this is "good" for the (average) collector. (Unless I'm vastly underestimating the "average" collector.)
I agree entirely with vwap. I could buy old Walkers and Franklins for only $3.00 each 2-3 years ago and now they are selling for $6+, I use to be able to buy lower grade Morgans for as low as $5 each at the local coin club 3 years ago and now the cheapest I see them for anywhere is $12. Now instead of buying these coins I just enjoy what I have with only the occasional new edition, if that. Also the more silver goes up the more these coins will see their end in a furnace by greedy profiteers, I don't see how this could possibly be a win-win at all for collectors. Just the opposite unfortunately.
win win situation i am talking about if we already have it. gold at $1,500.00 and silver at $30.00. are we all win win?. if not if the gold really go up. and now it is only $860.00. and we all continue to buy it till $1,500.00. still we all win. isn't it?.
you are missing the point most coins will go into the furnace and the hobby will take a beating we are here to collect coins not destroy them and make a profit
oil at $200.00 even oil predicted to reach $200.00 this year. why gold can go to $1,500.00 or even $2,000.00?.
gold up again if u.s. mint releases 2008 american eagle gold coins today. the prices will look like this: (W) am eagle gold unc: one ounce $991.95 1/2 oz. $507.95 1/4 oz. $264..95 1/10 oz. $117.95 am eagle gold proof: one ounce $1,049.95 (also buffalo) 1/2 oz. $544.95 1/4 oz. $284.95 1/10 oz. $134.95 spouse gold unc $569.95, proof $599.95 bald eagle $5 gold unc $324.95, proof $344.95 let see if bald eagle come out on jan. 15. and if i am correct. p.s.if the 10th annn. platinum set releases today. it would be $2,119.95 per set instead of $1,949.95.
amazing, and the market just opened. 01/08/2008 09:59 874.20 874.90 +14.90 +1.73% and silver is doing okay also: 15.56 +0.35 +2.31%
I don't think coins will go into the furnace. There are mountains of US coins, gold and silver alike, which have always been worth bullion value - and always will. They will just track the price of bullion up... and up... and up...
gold shine again gold high for today is $881.80 and silver is $15.76. if gold reach $1,500.00 then with the same ratio. the silver will be $26.79. the prices for 2008 u.s. mint coins and sets with platinum, gold and silver related will be expensive and becoming more expensive. will people buy them. yes. what ever you don't have money. others have it. just remember. smile. get more overtime work. save more money. ready to buy 2008 coins. and enjoy this wonderful hobby.
gold closed at: 877.50 878.30 +18.20 +2.12% Nice one day profit. Hey, elaine: how many pounds do you have?
I like variety in my conversation and All I see on this forums and others are "GOLD GOLD GOLD GOLD GOLD BLAH BLAH BLAH BLAH". Granted that I dont own a spec of gold and that Its has a major inpact in the economy. But for christ sakes Im so sick of it
you can say that again now if you really want to appreciate a coin you can look at my indian i posted today
Well, that explains it: you don't have any gold. As for me, I have a few pieces and some gold found with my metal detector, along with the silver. So, I'm just enjoying the conversation and going along for the ride. There are many other threads that never mention gold.