Gold Coins-What Was the First Gold Coin You Bought?

Discussion in 'Bullion Investing' started by fretboard, Dec 17, 2020.

  1. fretboard

    fretboard Defender of Old Coinage!

    The price of gold is doing really well in my eyes! :cigar: So I was thinking, what was the first gold coin you ever bought for yourself? My first gold coin was a Mexican Dos Pesos gold coin and I bought it in 2006, I paid around $52 for it! :D How about you, what was your first gold coin? Anyone?
     
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  3. lordmarcovan

    lordmarcovan Eclectic & avid numismatist Moderator

    For me, an 1857 $5 Liberty, grading about F12, when I was around 16, in the early 1980s. Worked some part-time jobs to get it. I don't recall the price. maybe around $150-ish at the time?

    I also bought one of those prooflike "1915" Austrian ducat restrikes not long afterward. Maybe $50 back then.
     
  4. furryfrog02

    furryfrog02 Well-Known Member

    I purchased my first gold right after the Brexit vote.
    It was a random sovereign from the LCS. I wish I would've bought some US gold back when it was "affordable".
    1910 GB Sovereign.jpg
     
  5. expat

    expat Remember you are unique, just like everyone else

    Not a purhase as such. When I inherited this collection there were a number of duplicate Franklin Mint silver proofs from Barbados and Jamaica. I swapped 8 of them for this Sovereign. A great deal
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  6. longnine009

    longnine009 Most Exalted Excellency Supporter

    My one and only was a 1977 Krugerrand for around $200.
     
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  7. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    It was this one and it would have been the early-mid 1970’s when I acquired it. There was a coin shack between my house and school and I spent every afternoon in his place. He let me give him my paper route money, lunch money, change picked up off the road and even do chores for him to purchase this...... Two years ago I had it made into a necklace for my saintly mother who wholeheartedly supported my low budget coin addiction back then.

    73B5EDDE-162A-440C-BD0B-A70994A39163.jpeg
     
  8. ToughCOINS

    ToughCOINS Dealer Member Moderator

    1975 Bermuda $100 . . . I was 14 years old when I ordered that coin with mowing money.
     
  9. LakeEffect

    LakeEffect Average Circulated Supporter

    Back in the 80's I bought 2 1 oz. Pandas, a 1985 and 1986. I've since sold one.
     
  10. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    I can't remember, but it had chocolate in it.
     
  11. QuintupleSovereign

    QuintupleSovereign Well-Known Member

    1882 Italy 20 Lire.
     
  12. spirityoda

    spirityoda Coin Junky Supporter

    1986 San Marino spider...

    coins5 043 copy.jpg
    coins5 045 copy 3.jpg
     
  13. serdogthehound

    serdogthehound Well-Known Member

    0BD77E89-1316-4797-9528-3AAD1B29C375.jpeg 78BA38DF-AEC9-4798-8497-495BC4780CA5.jpeg cleaned and mount removed 1857-S Quarter Eagle. Its still an "OK" coin
     
    Last edited: Dec 17, 2020
  14. fretboard

    fretboard Defender of Old Coinage!

    Great to see so many pics of gold coins! :D
     
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  15. Gam3rBlake

    Gam3rBlake Well-Known Member

    $10 1932 Indian Head Eagle is the first gold coin I ever bought.

    I’ll keep it forever! Even if it’s not worth a bunch of money.

    4E94BE63-E589-4C01-A672-03B68B5024B9.jpeg B9C9D4D6-EEEB-4375-9433-1E35B13547D3.jpeg
     
  16. QuintupleSovereign

    QuintupleSovereign Well-Known Member

    Reminds me of a well-worn 1854-S of the same series I saw in CoinWorld a while back; just a smidge more expensive, of course :)
     
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  17. Gam3rBlake

    Gam3rBlake Well-Known Member

    Sadly even common date Eagles cost a fortune just because of the price of gold alone. Even if they’re in the worst condition possible people still figure “Well it can be melted down”.
     
  18. Gam3rBlake

    Gam3rBlake Well-Known Member

    20 years from now you might be saying you wish you bought more gold when it was at a more “affordable” price of $2,000/troy oz.

    If gold goes to like $4,000/ozt then $2,000/ozt will seem like an incredible bargain.
     
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  19. Gam3rBlake

    Gam3rBlake Well-Known Member

    Oops! I forgot I also bought this 1926 gold Indian Head quarter eagle on that day as well.

    At the time I wanted to get a full set of Indian Head gold coins and so I got these two with plans to get the $5 one when I could afford it.

    Oddly enough the quarter eagle is graded MS61 even though in my opinion it’s in much better condition than the $10 eagle graded MS-63.

    image.jpg image.jpg
     
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  20. furryfrog02

    furryfrog02 Well-Known Member

    Well $1200/oz WAS affordable for me. I don't think $2000/oz will be affordable for me any time soon.
     
  21. rte

    rte Well-Known Member

    Wow were going way back...
    Hmmm, it was either a small canadian, mexican or 1/10 gold piece.
    I moved, sold off a bunch of vintage mustang parts and moved the collection into silver at $4 /gold at $400 an ounce.
     
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