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First spouse gold coins and the price of gold.
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<p>[QUOTE="shortstack, post: 237779, member: 9156"]Actually, they're a better deal than the 1/10 oz Proof Gold Eagles...</p><p>1/10 oz sells for $1049.50 equivalent spot.</p><p> </p><p>If gold is $650 then your paying ~30% over spot and spot will have to go up to almost $900 before you've 'broken even'. The same is true for modern silver commemoratives...Silver spot is ~$13.50 but people are paying $35 for a Proof from the mint. That's almost three times silver spot! I don't hear too many complaining though. </p><p> </p><p>The real potential for value in the FS series is going to be in the rarity of the individual issues. It's a serious chunk of change to lay down every year to continue the set! A lot of people may buy into the first few issues but get tired of laying out the cash a couple of years into it and quit collecting them. As spock1k said "...who in their right mind will collect a series of 40 modern gold coins". </p><p> </p><p>Gold don't have to be old to appreciate in value:</p><p>1995 $5 Stadium = $1175</p><p>1996 $5 Smithsonian = $1425</p><p>1997 $5 Jackie Robinson = $5450</p><p>1997 $5 F.D. Roosevelt = $1025</p><p>2000 $10 Library of Congress = $3700</p><p>2001 $5 Capitol Visitors Center = $1800</p><p> </p><p>JMHO</p><p> </p><p>Besides...if Hillary wins the next election, I've just gotta see the Bill Clinton first spouse coin<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="shortstack, post: 237779, member: 9156"]Actually, they're a better deal than the 1/10 oz Proof Gold Eagles... 1/10 oz sells for $1049.50 equivalent spot. If gold is $650 then your paying ~30% over spot and spot will have to go up to almost $900 before you've 'broken even'. The same is true for modern silver commemoratives...Silver spot is ~$13.50 but people are paying $35 for a Proof from the mint. That's almost three times silver spot! I don't hear too many complaining though. The real potential for value in the FS series is going to be in the rarity of the individual issues. It's a serious chunk of change to lay down every year to continue the set! A lot of people may buy into the first few issues but get tired of laying out the cash a couple of years into it and quit collecting them. As spock1k said "...who in their right mind will collect a series of 40 modern gold coins". Gold don't have to be old to appreciate in value: 1995 $5 Stadium = $1175 1996 $5 Smithsonian = $1425 1997 $5 Jackie Robinson = $5450 1997 $5 F.D. Roosevelt = $1025 2000 $10 Library of Congress = $3700 2001 $5 Capitol Visitors Center = $1800 JMHO Besides...if Hillary wins the next election, I've just gotta see the Bill Clinton first spouse coin:D[/QUOTE]
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First spouse gold coins and the price of gold.
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