how many of you own gold coins?

Man, that is a sweeeeet set!

 

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Thanks Stephen, put that together quite a few years ago, like 10-15. I like how the copper in the $3 shows a bit on the surfaces, just an example of the state of metal alloying years ago.

 

I noticed the swirling colors in the $3 but hadn't put it together that it is the copper that's showing. Beautiful!

Is it just me, or are the first two $1s pretty well worn? Perhaps its just the photos....

 

Thats really cool & what I hope to do some day too.

Would love to throw a classic head also.

Only have a MS61 1852 TY1 $1 gold & 1 $10 Lib. Eagle with a scratch :/

 

The pics arn't the best, trust me, but those are maybe AU on a good day. LOL

 

Ding Ding

 

What can we interpret to be a 'sell signal'?

 

I have some but not many and I too am the only one in my family who gives a care!! It's funny b/c my wife never wanted me to buy gold and now she's like, never sell!! It will be worth more tomorrow!!

Here's a 1986 Statue of Liberty gold 1/4 oz by the last Chief Engraver Elizabeth Jones!

 

I have a few in my collection, nothing spectacular but nice all the same

 

absolutely stunning pennyguy

 

I only have one at the moment, and that is a small 1857 dollar. I'm assembling a type set, so there is many more to come. However, I might focus on other issues before the many common gold issues. I'd love to eventually get some classic proof gold coins, but I'm not sure if I'll be able to bust out that much money for one coin (it would be worth it though given their rarity).

If it wasn't for this hobby, I'm not sure if I'd own gold. However, given what I've learned and feel about our questionable monetary system and the Federal Reserve, it is a possibility either way. A bit off topic, but considering they're actively seeking to change coin compositions (most likely targeting the nickel), I've been hoarding all the nickels I come across!

 

Everyone in my family has at least one and my next door neighbor has scads. US and Foreign. He has one bank box full of gold Mexican coins.

It seems that a lot of Americans have a gold coin in a piece of jewelry. I see a few worn as necklaces and pendants.

 

I would love to take a peek inside that box!

It always kind of breaks my heart to see coins inserted into jewelry...especially gold coins....the damage that's done when that happens

 

I have a few, but only because there are some slab varieties that only come with gold in them, and when you are building a one per country set and you get to Senegal you discover that the gold coins are cheaper than the silver or coppernickel ones. (Or at least they were at the time.)

 

That's a very good question, and I'm not sure I have a clear answer, but just like when Platinum and Gold inverted, I tend to know them when I see them.

To try and answer your question directly, I would look for a few things:

1) The dollar strengthening considerably on international markets
2) Slowing inflation
3) Stronger US housing market
4) Alternative investments with a brighter outlook
5) When the "We Buy Gold" shops start closing

I am not typically shy when it comes to my buy and sell signals for precious metals -- I've posted my thoughts on this (and other) forum(s) when I see the right signals.

FWIW, right now, I'm a seller of US stocks, going long on international stocks (that have little linkage to US markets) and cash, and holding precious metals (in truth I've added a bit to my holdings, but not significantly), and looking for the bottom in real estate. Regardless, I do NOT look at coins as an investment.

Good luck...Mike

 

FWIW, I think 5 would be a trailing indicator after the gold price has already dropped. It was in the early 80's. Right now the two biggest movers of gold is lack of trust in the dollar, here and internationally, and lack of trust in markets, (stock and housing). Slowly that faith will come back, and gold will slowly sink again. Unless you are a doomsdayer, you have to think equities and housing will take off again, and a lot of money will leave PM's and migrate there. People say they haven't been hearing gold commercials, but I hear Glenn Beck, and many "investment" talking heads advocate gold all of the time. To me this is the first canary dropping dead.

 

is this thread just for US citizens, but if not i own gold coins not a lot but as I dont trust any fiat currency so i bought a few
awhile back and will keep buying when i can afford them, now thats getting harder at the present climate :smile

 

I have a few gold coins, as do quite a few family members, though I'm the only collector. I was trying to build a type set, but unfortunately didn't finish before gold went crazy, and I refuse to buy over $900 an oz. So, maybe I'll finish someday, or maybe not. They're just coins to me, not an investment. Theres better things to gamble with than gold.
Guy

 

the sooner the better + 1