Message:

<p>[QUOTE=&quot;GDJMSP, post: 7315517, member: 112&quot;]Thoughts ? What Travers said in that quote above is basic history. Particularly this - </p><p><br /></p><p><br /></p><p><br /></p><p>As far back as you can go right up until today unless a gold coin is a specifically known scarce or rare variety it sells for melt plus a small percentage in grades up to and including MS63. That&#039;s for the $20 coins. With the smaller denominations the percentage creeps up, the smaller the denomination, the higher the percentage. The same thing is true with plain gold bullion in bar form. Larger size bars, small percentage, smaller bars higher percentage - over melt. In other words, gold coins mirror the bullion market. And that&#039;s <u>without</u> any large hoards being found or turning up. And if one or even a bunch or large hoards did turn up - nothing would change. Prices would still remain the same - melt plus a percentage, just like bullion.</p><p><br /></p><p>Is it possible for a hoard of scarce or rare gold coins to turn up ? Yeah, it&#039;s possible, for one or maybe even two coins, but how probable is it ? I think it would be extremely improbable for even that much to happen. And for more than that to happen is pretty much all but impossible. </p><p><br /></p><p>Bottom line, the market for gold coins isn&#039;t going to change in any significant way, and history shows us that it never has. And that&#039;s because the market is based on what is, and not what might be.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in