Same with stocks -- or bonds. Nobody wanted Treasuries or CD's or Munis when they yielded 15% in 1981 -- cause they were going to 20% 'pretty...
Right, but many do. And growth stocks are growing a business that will lead to future cash flow growth. This is a free country, anybody can do...
You own bonds/CDs for portfolio ballast, not income. Data mining....you're choosing a year BEFORE the end of Bretton Woods and Nixon taking us...
The problem is that if the dollar is entering a new 7-year bull market and has a few years to run it will negatively impact gold. Plus, emerging...
WLH, if gold falls back to the 2008 level of about $800/oz., you may be able to pick up MS-65 commons for $1,200....certainly well-under $1,500.
But it IS speculating. Just know that it is. Because it doesn't pay a dividend/interest, is volatile, and is subject to numerous price pressures...
Speculating -- it isn't 'investing' -- in PM's to accumulate savings for a house or anything else is not a good move. PM's should be a supplement...
Figured we could use one of these, as I hope it is active years into the future as I (hopefully) add some to my collection. Current thoughts:...
Didn't we already grade it ? It looks like an MS-65.
Wonder what GD and Eddie would grade that coin as....does it have any wear on Liberty's face/breast/knee or Eagles wings ? I can't tell.
Totally agree....not sure what PCGS was thinking. That coin eventually went for $2,000 BTW. Glad that counterfeiting of that NGC band appears to...
Agreed....but if there are 2 kinds of wear, only 1 is the dividing line between MS and AU. The TPGs agree with it. Bowers and Akers have signed...
From my just-arrived The Official ANA Standards For Grading Coins 7th Edition: Wear: The abrasion of metal from a coin's surface caused by...
So you admit that 'wear' from mint bags is different than 'wear' from going in and out of our pockets...to a cash register...to a vending...
But is Sperber saying that they are mostly off 1, maybe 2, grades...or is she saying that the coins are being graded incorrectly in the aggregate...
GD, thanks for your responses...I did not know you no longer collect coins, you must have had some collection if you started in 1960. The Good...
I'm not playing games. Would you pay the same price for a Porsche with 3,000 miles of city/highway driving and another Porsche with 3,000 miles...
Nope, and this is why this debate about 'wear' is like those Venn Diagrams we saw as kids. Both have their separate universes and they overlap...
If the TPG's have been 'grading on a curve' all these years -- the market grading -- then stopping and going back in time to a more restrictive...
I disagree. A bunch of gold coins going straight from the press to a bag means you bounce around infrequently against other new coins. The bag...
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