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Gold Bulllion vs XF or MS63 Double Eagles
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<p>[QUOTE="cdc, post: 1418866, member: 33641"]I checked Ebay's fees every which way, different start value etc., and it always came back $100.00 for a sale price of $1,850.</p><p><br /></p><p>Providentmetals sells them NGC MS63 for $1,850 each or 10 for $1,845.00. So it looks like I would break even for an Ebay buy-it-now of $1,950.00</p><p><br /></p><p>I will have to re-think as the comments here are St. Gaudens would increase MORE than plain bullion if gold spot goes up. At spot of $1,650, bullion is selling at $1,732.50 and the MS 63 Saints are a $117.50 premium at $1,850.00.</p><p><br /></p><p>Another thread here said gold would have to drop to ~$750 / oz before numismatic value would kick in. My orignal thinking was Saints would provide a buffer and not drop as MUCH as bullion. But if I am worried of a dropping market, then I shouldn't buy gold AT ALL. My gut feeling is gold is currently overprices and $1,200 / oz is more realistic. If the government printed less money gold would also drop in value. Once the hype wears off, it could also drop.[/QUOTE]</p><p><br /></p>
[QUOTE="cdc, post: 1418866, member: 33641"]I checked Ebay's fees every which way, different start value etc., and it always came back $100.00 for a sale price of $1,850. Providentmetals sells them NGC MS63 for $1,850 each or 10 for $1,845.00. So it looks like I would break even for an Ebay buy-it-now of $1,950.00 I will have to re-think as the comments here are St. Gaudens would increase MORE than plain bullion if gold spot goes up. At spot of $1,650, bullion is selling at $1,732.50 and the MS 63 Saints are a $117.50 premium at $1,850.00. Another thread here said gold would have to drop to ~$750 / oz before numismatic value would kick in. My orignal thinking was Saints would provide a buffer and not drop as MUCH as bullion. But if I am worried of a dropping market, then I shouldn't buy gold AT ALL. My gut feeling is gold is currently overprices and $1,200 / oz is more realistic. If the government printed less money gold would also drop in value. Once the hype wears off, it could also drop.[/QUOTE]
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Gold Bulllion vs XF or MS63 Double Eagles
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