I am making a trade today, some excess "W" quarters for store credit. I am toying the the idea of getting some hole fillers for our 7070 album that would otherwise probably go unfilled due to the cost of the coins. I'm not looking for perfection. In fact, I prefer coins that have seen some circulation and wear. This is good since it will help keep the cost down. But I have also been wanting some American gold. So here is my question: Would you rather have these: Liberty Seated Dollar No Motto Liberty Seated Dollar Motto Trade Dollar Or would you rather have these: $2.50 Gold Indian $5 Gold Indian Or third option: Should I just cash out and wait for a rainy day? Thanks for the input!
I generally gravitate towards Gold and being poor presently, I would Cash out . If I had Money though, I would choose the Gold !!!
Furry, back in the mid-1990's I was given a bonus from the man I was working for. He had a good year and shared the wealth. I had lived poor my whole life and it was more money than I had ever seen.... I pondered a similar quandary and finally decided to reward myself with a small stack of gold coins. Something I couldn't have dreamed of owning in my wildest dreams up to that point...... Looking back, that was the best move I could have made..... We talk about the value of gold in monthly or weekly prices swings of a few dollars up or down. But the real value of gold is most rewarding to those who view the value in terms of decades. And right now I believe gold is suppressed just a bit to boot!
If you hoarded the W's from CRH and only have a quarter invested, the gold would be my choice. I am curious. What is the LCS offering per coin? I have hoarded over 200 so far.
I'm selling at $10/per coin. Mostly Tall Grass Prairies that I have picked out over the last couple weeks. I could get a bit more going ebay or something but then there is more hassle.
I'm in the gold camp also. Somehow I can usually justify buying silver coins, but for the gold it has to be bonus money. It'll be easier save up to pick up the silver coins one at a time. Treat yourself and go for the gold with your windfall.
Knowing the seated dollars are probably more money...I would go for a gold $2.50 coin, . I used to have a $2.50 gold indian , but sold it during hard times. Someday I will want both $2.50 and $5.00 Indian gold coins down the road.
I found both hole filler Seateds for $350 and $400 respectively. That would leave me enough for a Trade dollar. But ooo buddy I love those gold coins.
I think of it this way.......which has an easier Liquidity, If something happened to me and my family needed cash fast, which would do THEM more good. Gold has a set value recognized worldwide and is easily liquidated for a KNOWN price. Coins however, have value, but much harder to liquidate without research and knowledge. Go with the gold.
Now I may be in the tallgrass weeds on this one (pun) but how are you expecting $10 a coin when I see the Mint has them at just under $.50 a coin? Isn’t that a little unrealistic? I confess I don’t collect them or know much more about them outside of what I just said ... so please don’t be offended by the question.
He has the W mint marked quarters from 2019 and 2020. They are not sold by the mint. They were put into circulation in rolls from distribution locations. I see them from $5.00 to $25.00 each for sale.
I was looking at this... https://catalog.usmint.gov/tallgras...MIiLH8_JGP7wIVh-HACh3_WQ8gEAQYAiABEgIYKvD_BwE
I have never invested in gold or silver. But, wouldn't it be more practical to buy ingots rather than coins? Isn't there a premium in the coins for their numismatic value?
Look at the link I provided. It appears it’s current. If that’s so the completion has you beat on the 2020s.
The coins from the mint are just regular rolls... The coins I have are the West Point minted quarters... Only 2 million of each design were minted at West Point... That's why they sell for ~$25 a piece...
There is. But there is also more safety in government minted gold/silver. ASEs vs Generic silver will always carry a better premium and resale value. Same goes for gold. AGE will always be better than a generic bar from some place.