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<p>[QUOTE="BillnBoulder, post: 1182446, member: 31069"]There is an old adage in coin collecting to "buy the best coin you can afford". When it comes to investing in gold today, given the large swings in metal prices, how good is that old advice?</p><p><br /></p><p>Consider the following hypothetical assuming spot Gold is at $1,540 and new 1 oz American Eagles can be had for $1,600 each. Which is a better investment and why?</p><p><br /></p><p>(3) oz of new American Eagles (net cost $4,800)</p><p>or</p><p>(2) Pre 1933 PCGS Gold Double Eagles fairly priced (Greysheet bid) at $2,400 each (net cost $4,800).</p><p>or</p><p>(1) Pre 1933 PCGS Gold Double Eagles fairly priced (Greysheet bid) at $4,800 (net cost $4,800).</p><p><br /></p><p>Again, using whatever logic you chose, and whatever timeline you chose, which of these three options are the best way to invest $4,800 and why?</p><p><br /></p><p>Thanks![/QUOTE]</p><p><br /></p>
[QUOTE="BillnBoulder, post: 1182446, member: 31069"]There is an old adage in coin collecting to "buy the best coin you can afford". When it comes to investing in gold today, given the large swings in metal prices, how good is that old advice? Consider the following hypothetical assuming spot Gold is at $1,540 and new 1 oz American Eagles can be had for $1,600 each. Which is a better investment and why? (3) oz of new American Eagles (net cost $4,800) or (2) Pre 1933 PCGS Gold Double Eagles fairly priced (Greysheet bid) at $2,400 each (net cost $4,800). or (1) Pre 1933 PCGS Gold Double Eagles fairly priced (Greysheet bid) at $4,800 (net cost $4,800). Again, using whatever logic you chose, and whatever timeline you chose, which of these three options are the best way to invest $4,800 and why? Thanks![/QUOTE]
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