first gold bullion purchase

Discussion in 'Bullion Investing' started by brewerbonsai, Mar 25, 2011.

  1. brewerbonsai

    brewerbonsai Member

    I invested in my first gold item today. What do you think?:smile
    1890 2.jpg
     
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  3. jasontheman07

    jasontheman07 New Member

    not sure if you got a good deal or not, but sure looks like some nice shiny gold! :D congratulations! :D
     
  4. hyperinflation

    hyperinflation New Member

    Spot for that is 143$ and I know nothing about MS70 bullion maybe the others can help, Nice pickup though I gotta get me some gold sill.
     
  5. 5dollarEdunote

    5dollarEdunote Coin Connoisseur

    Nice purchase, I just hope you didn't pay excessive prices for this coin, as it is an MS 70.
    Remember, it's just bullion.
     
  6. chridular

    chridular Member

    Looks quite nice. But as the other posters have said, it is just bullion, so be aware of the pricing. Especially when the label reads "Early Release" or "First Strike" or some other nonsense. These words give sellers an excuse to raise the price even when it doesn't make a difference. If you are putting together a "70" set then that's fine, but if you are just buying gold bullion, I'd stick with MS 69 or lower if graded. That way you're not paying too much of a premium. Nice piece!
     
  7. defcon505

    defcon505 New Member

    Look's really nice. Congrats!
     
  8. mkoenig

    mkoenig New Member

    Not bad good thing about / and bad thing. It's certified.

    If gold falls the numismatic value will exceed the intrinsic value and you still retain some value.
     
  9. Info Sponge

    Info Sponge Junior Member

    I'm sorry, I don't understand that.
     
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