The gold is there. There is basically nothing to gain from selling it. Let's do the math, 265 million ounces times $5000 is $1.35 trillion, and...
The main thing I can comment on is the fact I have been there many times over decades. I do not ever recall seeing anyone in Thailand wearing...
You really need to understand the gold business in Thailand. In the US jewelry is bought basically without attention being paid to commodity...
Yes, I agree. They actually have extensive silver coin tradition because mines in that area of the world were not the traditional...
I hear you. I love some gold coins, (see my avatar of course), but as a metal I just never was in love with the color. I don't know why it is,...
Remonetization will never happen. Last one to attempt it was Mexico in the 1990's. Problem is that currency need stability, and the PM market is...
I default, when possible, to collecting the coin as minted, (as intended). I love toned coins, but given a preference for a set I will always...
For those unaware, this is the only gold Eid Mar legally allowed to be owned by a private individual. Any Eide Mar is HIGHLY desirable due to...
Similar but maybe more realistic. To me $25-30 silver and $1500-1800 gold are good prices given long term trends. I simply want it to go down so I...
Coins from Mithradates the Great are fun no matter which city its from. Always a cool little collection, given the callbacks to classic Greek...
I would say in general I am both Eclectic and Jack of All Trades, but on the other hand I believe I know more about Sogdian, Hunnic, and Sasanian...
Yeah, I cannot comprehend the phrase "enough coins" either. :) Like Randy, mine is mostly 90%, and measured in pounds, not ounces, but would still...
Yes sir. If in the past a 65 was $800 over melt today it might be $200, (just guessing from prior movements), so now to trade a lower grade for...
Its a great point for collectors nervous about PM prices. Every time it spikes like this premiums compress for a while. Use this time to swap PM...
I got it from CNG, I think just a few months after my daughter, (named Irene) was born. So, maybe 5 years ago. I think about $2800 plus commission...
Interesting. Scarcer coin, not sure I am familiar with it. All I have seen from him were the traditional Zeus portrait.
I agree with @panzerman except for Byzantine solidi. High gold does set a new floor for reference for byzantine solidi, since they are around .14...
I thought it was the octobol sir. The drachms of Ptolemy III were usually 70ish grams, and octobols 90+. The Ptolemies as far as I have read had...
Remember drachms were supposed to be silver sir. Egypt was short of silver but had copper, so made massive copper coins instead of small silver...
Speaking of holed coins, especially for world and ancients there is an interesting corollary discussion. I always wondered why western coins had...
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