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1927 $20 Gold St Gaudens - Counterfit?
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<p>[QUOTE="GoldFinger1969, post: 8162537, member: 73489"]Well, gold is about 10% below ATHs right now. <b>Premiums are high but they tend to be when the price of gold is LOW.</b></p><p><br /></p><p>If he said he wanted to buy 10 coins, I'd say just buy 1 or 2 right now. No reason to make a huge gamble on the gold price with 100% of the capital.</p><p><br /></p><p>But I don't see anything wrong with buying at these levels, esp. for a coin that is mostly bullion with maybe 10-15% in numismatic value attached to it.</p><p><br /></p><p>I don't know if he has other gold coins, but if he does....would misbuying by $200-$300 on price be a hit financially ? Probably not for most of us.</p><p><br /></p><p><b>OTOH...if he has no coins....doesn't buy here waiting for lower prices....then gold soars and the same coin is $2,700 or more in 12-18 months.</b></p><p><br /></p><p>Buy here....gold/coin goes down in price.....buy another one. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 8162537, member: 73489"]Well, gold is about 10% below ATHs right now. [B]Premiums are high but they tend to be when the price of gold is LOW.[/B] If he said he wanted to buy 10 coins, I'd say just buy 1 or 2 right now. No reason to make a huge gamble on the gold price with 100% of the capital. But I don't see anything wrong with buying at these levels, esp. for a coin that is mostly bullion with maybe 10-15% in numismatic value attached to it. I don't know if he has other gold coins, but if he does....would misbuying by $200-$300 on price be a hit financially ? Probably not for most of us. [B]OTOH...if he has no coins....doesn't buy here waiting for lower prices....then gold soars and the same coin is $2,700 or more in 12-18 months.[/B] Buy here....gold/coin goes down in price.....buy another one. :D[/QUOTE]
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1927 $20 Gold St Gaudens - Counterfit?
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