GOLD-is now the time to buy or sell?

True, they weigh .2354 OZ or .0146 less than a quarter oz, or under $5 less in gold than a true quarter OZ. That said, they cost $50 less than a US 1/4 oz gold piece....

I'll take that deal.

 

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Gold is up over $20 from Friday's close. It's now at $1023.xx . I guess the Mint will stop selling the AGE's from their website very soon, and will reprice them.

 

First Spouse Madison Proof's also, for those who are collecting them.

 

Nope no website, local dealer located on the east side of Cleveland, OH ...

 

Unless you hold. It seems every opinion has been given. Hope this helps

 

How can you cut it any lower then 0%?

 

wait and see.

 

A general question directed towards every coin collector!!!
Honestly,, if i want a coin bad enough,I would not worry about paying a little more than its worth.Just as long as I finally have obtained this certain coin.
I do not plan on selling it.I want to turn my collection over to my son when he is of responsible age.
Do you agree with this?

 

I'm buying for bullion value of gold and silver. I want to buy as low as possible. The more I read the forums and more I learn about mint coins the more I want to start collecting a series. So in that case I wouldn't mind paying a little more.

 

gold is quite stable. hope it will break $900.00 before i buy more again.

 

Was this Northwest Territorial you had mess with you on the Gold Buffaloes????

 

It depends.

1) What coin are you chasing?

2) How do you determine "a responsible age."
When times are tough, irresponsibility crosses all ages. I've seen some seemingly responsible men do some very irresponsible things during this recession.

 

To be perfectly honest, I will accept any coin that strikes my fancy.I like all of them!!
Presently, I am collecting older U.S. coins(copper and silver).But, coins of the world, opened the door for me as a youngster.

You made a good point about the responsible age,and that is something I will have to decide on when the moment arises.
I will have to hope I have done a good job, teaching my son good ethics.

I see on the ebay auctions, how people put all the coins that their father or relative left to them.
This doesn't settle very well with me at all. I am sure that this is not what they intended, when they gave the collection to them..
this is why I will ensure my son shares the same compassion for coin collecting that I have.

 

no. wait over $1,200.00.

 

However, you might want to take a look at US tax law etc. Here in the UK, Sovereigns and Britannias are tax free, foreign coins are subject to Capital Gains Tax (and VAT if minted before 1800). The fact that US coins are legal tender may also be an advantage in the US. US law is not something I am particularly knowledgeable about, so you would have to look into it yourself so you can weigh up the advantages and disadvantages of US vs non-US coins. It probably won't make much of a difference in small amounts (as in the UK) but in large amounts, it can make a huge difference...

That said, I'm going to have to make a trip to the US. Sounds like I could get some real bargains on British coins.

 

Oops. Thread necromancy...

 

Ahhh you made me look at this old post that died a year ago ..... shame on you Prestonianus , may Krispy use his Brooklyn voodoo on you !!