Gold price

Discussion in 'Bullion Investing' started by Santinidollar, May 6, 2021.

  1. ToughCOINS

    ToughCOINS Dealer Member Moderator

    The seller should have to pay nearly 25x face for 90% (APMEX is 24.7x right now, and RARCOA is 25.1x). He's only willing to give roughly half that for your gold?

    That's a good deal alright . . . just not for you.
     
    -jeffB, slackaction1 and fretboard like this.
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  3. fretboard

    fretboard Defender of Old Coinage!

    I agree, gold is not doing as well as expected due to crypto and we're still dealing with this pandemic, so the future of gold is even more uncertain than it used to be. I hope something changes but you never know in the world of PM's. :D
     
  4. slackaction1

    slackaction1 Supporter! Supporter

    The one kind of a money the fed can't print..
     
  5. fretboard

    fretboard Defender of Old Coinage!

    Yep, $1838 earlier today, best gold price for at least a few months! :D
     
    Santinidollar likes this.
  6. Santinidollar

    Santinidollar Supporter! Supporter

    Gold got a bounce today: $1866
     
  7. fretboard

    fretboard Defender of Old Coinage!

    Yes, gold is doing nicely! :D
     
    GoldFinger1969 likes this.
  8. GoldFinger1969

    GoldFinger1969 Well-Known Member

    $1,881 today I believe
     
  9. Santinidollar

    Santinidollar Supporter! Supporter

    $1871 tonight.
     
    fretboard likes this.
  10. Santinidollar

    Santinidollar Supporter! Supporter

    Gold hanging around $1,900 today.
     
    Randy Abercrombie likes this.
  11. GoldFinger1969

    GoldFinger1969 Well-Known Member

    BitCoin is in very precarious technical conditions. Gold strengthened as BitCoin weakened today.

    You could make a case for BitCoin at 20,000 in a few months.
     
  12. rte

    rte Well-Known Member

    One step closer to the 2k mark.
    On that note I just threw some virtual green at a bid up to $2550, on less then an ounce of 22k gold disk and didn't get it.
    Had some interesting blanchard packaging and a story, but I'll wait for the next one.
    Screenshot_20210528-110032_eBay.jpg
     
  13. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Well how about that? We closed for a holiday weekend over $1900.00….. I think I might feel enriched enough to take the family to dinner.
     
    Santinidollar likes this.
  14. medoraman

    medoraman Well-Known Member

    Isn't it the Saudi gold Philly struck around the end of WW2?
     
  15. rte

    rte Well-Known Member

    Yup.
    It's on my list of wants.
    That one is the 4 pound version and was one hand selected by Blanchard. (I guess that's a good thing)
    Screenshot_20210528-170921_eBay.jpg
    probably been in someone's collection for years and resurfaced.

    Seller had some good feedback so I was pushing the envelope a bit.
    Authenticated/Graded ones are over $3k.

    They usually command Spot plus the cool factor premium :greedy:
     
    Last edited: May 28, 2021
  16. medoraman

    medoraman Well-Known Member

    Stephen Album auctions have had them lately. I agree cool pieces.
     
  17. fretboard

    fretboard Defender of Old Coinage!

    Gold, gold, gold! :D Wish I could buy some but the price is so high I just don't know.
     
    slackaction1 likes this.
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