I don't currently have any gold; I sold my last gold piece, a 1913 Indian Head $5, this past weekend for $315.
Here is my gold type set. All motto/no motto types from the classic head on, and some bullion as well.
I do not own any gold coins, Its tough to justify buying one when I am still paying off my wife and my student loans and one credit card. When I do purchase one it will probably be a 1908-1929 indian head. I really like Bella Pratts design.
Just a couple here also. 1 1986 $5, just so I could own a Saint-Gaudens pattern. and 1 $5 Canadian Maple Leaf, again for the pattern. Paid $50 each in 1999. Steve
Not to change the subject but I believe is a concern most people have, is do we who want a gold coin hold off a little longer or watch as gold keeps climbing in price. From what I have read by the veteran coin collectors is just buckle up and ride the roller coaster.
It probably depends if you are an investor more than collector. I think of myself as a collector. I hope to pass on my collection to my daughters. I think of myself as merely a steward in charge of these coins preservation for their next owner. I would sell only: Food on the table Mortgage Send Daughters through College Medical Expenses Steve
I own the 2006-2010 1 oz. Buffalo Proofs. I also own a 2005 1/10 oz. ASE proof and a 1988 1/4 oz maple leaf.
Good point about 5 being a trailing indicator. I agree. As for your point about the first canary dropping dead, I think you are a bit early and gold still has room to go up. Time will tell.....Mike
Be careful with ratios, is all I can say. Anyone can backfit a ratio and then tell you that it is telling you something today. Unless you understand WHY the correlation between the two things matters, then it is simply number magic. Gold silver ratio was a true ratio with historical importance in relative rarity of the metals in the earth. THe fact that it is now not 16:1 like it was, (even though you know WHY in this instance), does not tell you whether silver has to go up, gold go down, or that the ratio is now broken. Chris
I've got 1 Half Eagle, I didn't get serious into collecting before Gold went sky high. If I did, I probably would've had a Double Eagle and alot more. And Pennyguy, that type set is stunning :thumb:
Wow interesting post,gold and silver are the only reason i got into collecting..my theory is that old gold will at least be worth bullion value but probably more in the Long run....My collection is over halve gold,the rest silver...unfortunately i stated late when gold was at 1050 an oz. but since im collecting and not speculating hopefully my collection wont collapse,especially the way this present government is messing with over currency
No gold here, only SILVER I like the feel and size of silver coins much more, and I can afford to buy a greater number and higher quality silver coins.
I just sold my gold coins for two morgan dollar holes that needed to be filled.A ngc ms63 pl 1899s and a bu 1902s.I wish I could do more on a computer or I would show you some pics.Only 19 more to go for the complete set but dont want to sell my house just yet to fill in the rest.Hey anybody have an bu93s for a $100 or a 95 they are the ones I need all the high end stuff.