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<p>[QUOTE=&quot;Brett_in_Sacto, post: 2609297, member: 71510&quot;]My two cents is that the same principles apply that work for silver.&nbsp; It&#039;s just an order of magnitude more expensive and popular.</p><p><br /></p><p>You have bullion (modern eagles, bars, rounds, etc) , &quot;collectible bullion&quot; (vintage eagles, rands, etc) and you have coinage (pre-33, British sovereigns, various countries, etc).&nbsp; And you have the things that are made from it (jewelery, computer parts, connectors, etc).</p><p><br /></p><p>The first thing to be aware of is what is pure gold, and what isn&#039;t.&nbsp; Make sure you note down formulas for calculating things that are not pure 24kt.</p><p><br /></p><p>I have a spreadsheet with common coins, formulas for various karat purity jewelry, etc...&nbsp; I plug in the current melt value and get an accurate melt price for the items.&nbsp; (Do this with any metals you deal with!)</p><p><br /></p><p>Never forget that you need to TEST it.&nbsp; It&#039;s one thing to get burned on a fake Morgan for $20.&nbsp; It&#039;s another to get burned for $1200 on a fake double eagle!</p><p><br /></p><p>When buying gold, be extra cautious of who you buy from.&nbsp; Even respected dealers can make mistakes.[/QUOTE]</p><p><br /></p>

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