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<p>[QUOTE="DrStrangelove, post: 5914, member: 793"]This thread is right up my alley as I've been thinking of picking up a gold coin or two for myself for speculation. Up till now, I've stuck to silver bullion, which I buy mostly in 10oz bars for a few cents over spot. Most of it I bought a few years ago for $50>$55 ; which I now can sell for around $80, (but I'm holding out till silver (hopefully!) goes up a bit more.</p><p><br /></p><p>However, one time I went to my dealer and he was low on silver so he sold me a couple of gold coins:</p><p><br /></p><p>1894 Austria 20 Cor. .19604 (says XF on card)</p><p>1903 Russia 5 Rub. .1245 (says AU on card)</p><p><br /></p><p>I forget what I paid for them, but it must have been close to spot gold at the time or I wouldn't have taken them. Are these considered a type of bullion since they are not very rare and can be bought close to spot? </p><p><br /></p><p>BTW One problem though: I have gotten slightly attached to them (and I thought I had a heart of stone). Instead of turning them over for a quick profit, I may give them to my little neice for her birthday.[/QUOTE]</p><p><br /></p>
[QUOTE="DrStrangelove, post: 5914, member: 793"]This thread is right up my alley as I've been thinking of picking up a gold coin or two for myself for speculation. Up till now, I've stuck to silver bullion, which I buy mostly in 10oz bars for a few cents over spot. Most of it I bought a few years ago for $50>$55 ; which I now can sell for around $80, (but I'm holding out till silver (hopefully!) goes up a bit more. However, one time I went to my dealer and he was low on silver so he sold me a couple of gold coins: 1894 Austria 20 Cor. .19604 (says XF on card) 1903 Russia 5 Rub. .1245 (says AU on card) I forget what I paid for them, but it must have been close to spot gold at the time or I wouldn't have taken them. Are these considered a type of bullion since they are not very rare and can be bought close to spot? BTW One problem though: I have gotten slightly attached to them (and I thought I had a heart of stone). Instead of turning them over for a quick profit, I may give them to my little neice for her birthday.[/QUOTE]
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