What do you think?

Discussion in 'Coin Chat' started by Onofrio Bacigalupo, Apr 23, 2017.

  1. Onofrio Bacigalupo

    Onofrio Bacigalupo Well-Known Member

    I try to deal with the present. My gold coins are not tied to the bullion price of the metal.
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. KevinM

    KevinM Well-Known Member

    I do and remember you could get a $20 St Gauds for $400 but the son was in a private school,still the better choice.;)
     
    CoinZone likes this.
  4. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Good for you. If your past "offerings" here on CT are typical, I think you need to up your game regarding quality.
     
  5. Jason Hoffpauir

    Jason Hoffpauir Avid Coin Collector

    What you say may be true for you, but for most everyone else they have their own opinions. I still am of the mindset that I collect coins that I enjoy to collect regardless of the type. Yes I like the higher Uncirculated specimens and my dream list completed would mean I would have to own millions and millions of dollars but I still enjoy coin collecting as a whole and for the simplistic of reasons.
     
    longshot and spirityoda like this.
  6. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    One country, I can't remember which, felt that in order to get people to buy their gold one ounce coin, they had to guarantee at least $290 U.S. as a value. Think about that. That's how "out of fashion" gold was just 20 years ago.
     
  7. Stork

    Stork I deliver Supporter

    Canadian Mountie 1997 http://www.apmex.com/product/10291/1997-canada-1-oz-gold-mountie-maple-leaf-bu

    When gold was under $300, supposedly quite a number were exchanged. I see it is selling for a bit of a premium over gold content now for a bullion piece so I'm guessing it is available in a more limited amount vs. mintage.

    Interesting the Canadian coin quotes the gold price in US dollars. I get why, but still.
     
  8. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Oops, it was $310, not $290.
     
  9. Onofrio Bacigalupo

    Onofrio Bacigalupo Well-Known Member

    I sell strictly elsewhere.
     
  10. Onofrio Bacigalupo

    Onofrio Bacigalupo Well-Known Member

    Kurt, I'm really glad that you'well and still critical.
     
  11. Onofrio Bacigalupo

    Onofrio Bacigalupo Well-Known Member

    I am enjoying selling most of the stuff that I had bought from Littleton and Paramount for much more than I paid for them.
     
  12. Luriya

    Luriya New Member

    I think it all depends on what you like about collecting coins. Some coins may have sentimental value to some people, like if it was from a certain era that a person remembers growing up in. All depends on your preference. If you think that certain coins have little value and you have no use for them (ie, you don't relate to that design or structure of the coin), then you should probably get rid of them.
     
  13. Onofrio Bacigalupo

    Onofrio Bacigalupo Well-Known Member

    Last edited by a moderator: Apr 25, 2017
  14. Dancing Fire

    Dancing Fire Junior Member

    What kind of gold?
     
  15. Onofrio Bacigalupo

    Onofrio Bacigalupo Well-Known Member

    What kind of gold? What do you mean?
     
  16. Dancing Fire

    Dancing Fire Junior Member

    What type of gold do you buy?
     
  17. Onofrio Bacigalupo

    Onofrio Bacigalupo Well-Known Member

    Gold Proofs from the US and Canadian Mints.
     
  18. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Hmm. Moderns. While I think they have a future, you're going to hear a lot of detractors.
     
  19. Onofrio Bacigalupo

    Onofrio Bacigalupo Well-Known Member

    I sold most of my old gold that I had bought from Paramount and the Mexico City airport for a handsome profit. I like moderns because they come encapsulated, have limited issue amounts and are accompanied by government certificates of authenticity.
     
  20. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    That's nice, but the capsules are available in bulk and government COA's are easier to counterfeit than the coin they're with, for a motivated counterfeiter. Even velour boxes are available. I think you'll probably be okay, but keep your guard up. They come in "limited quantities" only some times. Some others are overbought and will take major hits in the secondary market - the 1964-2014 3/4 oz. Kennedy for one example.
     
  21. Treashunt

    Treashunt The Other Frank


    you bought stuff at the airport?
     
Draft saved Draft deleted

Share This Page