A New Way To Collect Bullion

Discussion in 'Bullion Investing' started by Collecting Nut, Apr 8, 2017.

  1. Collecting Nut

    Collecting Nut Borderline Hoarder

    Recovered from a shipwreck:

    CA Gold Nuggets Shipwreck.jpg

    It's something I didn't have but I do now. The shipwreck is as described.
     
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  3. myownprivy

    myownprivy Well-Known Member

    Oh my god. I bet you paid wayyyyyy over spot for that!
     
  4. longnine009

    longnine009 Darwin has to eat too. Supporter

    Why in the world would anyone sell gold from the Central America for spot?
     
  5. myownprivy

    myownprivy Well-Known Member

    Sorry, I see zero historic or numismatic value in gold nuggets or flakes. Most agree with me. That's why next to no one gives two poops about the location of where a gold nugget was found/recovered.

    Shipwreck coins, on the other hand, have tremendous historical significance and therefore numismatic value. These itty bitty flakes do not. Plus, with nuggets and flakes, you rarely have an idea of the purity of the gold.


    Not trying to be a dick, OP. But please, don't waste any more of your money. If you are interested in this sort of thing, get shipwreck coins!
     
    Last edited: Apr 8, 2017
  6. longnine009

    longnine009 Darwin has to eat too. Supporter

    That's what I love about you PM haters. Pretending to be so logical and rational. And of course your comical authority swagger resembles "able to leap tall buildings in a single bound." It's all psyops. I'd be amazed if any of you could even flick a booger without hitting youself in the face with it.

    Oh and I really love this bucket of pucks:

    "Most agree with me."

    Who's "Most?" More PM haters or do you have a flea circus in your pocket?
     
    Last edited: Apr 9, 2017
  7. rte

    rte Well-Known Member

    I don't know about collecting,But that's a great way to dial in a metal detector.
     
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  8. myownprivy

    myownprivy Well-Known Member

    Most people don't really care about .5 grams of gold flake that supposedly has extra value because of its pretty little case that says it was in a shipwreck. If they do care at all about .5 grams of gold, they likely won't care whether it comes from the bottom of an ocean, a riverbed, or something that they panned at an amusement park.
     
    Last edited: Apr 9, 2017
    Collecting Nut likes this.
  9. longnine009

    longnine009 Darwin has to eat too. Supporter

    According to who?
    And what would it matter anyway? It's doesn't matter what the Big Giant Blob thinks. It's important to the OP.
     
    Last edited: Apr 9, 2017
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  10. myownprivy

    myownprivy Well-Known Member

    Completed ebay auctions
    Auction house auctions
    Your local coin shop
    This forum
    Your friends
    A random person on the street.
     
  11. longnine009

    longnine009 Darwin has to eat too. Supporter

    Compiled by who? Where can I read this factual report? So ebay sellers, auction houses and local coin shops all made up a list of what they didn't sell. Because....let's see, because they wanted to give away their strategic position to the competition in a more convenient format? Yeah, that must be it.

    Smoke and mirrors. That's all you PM haters are--Smoke and mirrors pretending to "leap tall buildings in a single bound."
     
    Last edited: Apr 9, 2017
  12. RhinoEmpire

    RhinoEmpire Hi-Yo (Ag)

    An interesting way to collect, but from an investment perspective you will likely never make money on your purchase.

    I have several gold nuggets that I have purchased over the past 15-years. I own them because I wanted a natural specimen to own and to hold.
     
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  13. Collecting Nut

    Collecting Nut Borderline Hoarder

    I own gold and silver in just about every from known. I however did not have anything like this. It's adorable and I love it! Of course I paid over spot but I got a labeled plastic case so I'm really pleased. LOL :):):)
     
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