Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Historical Gold Numismatic Coin Appreciation?
>
Reply to Thread
Message:
<p>[QUOTE="Randy Abercrombie, post: 3870128, member: 92655"]Welcome to the forum. I too am a pre-33 gold guy. I been fortunate that I have held my gold for a very long time. The bulk was purchased in the late 1990's. My experience tells me that the only way to benefit from a gold purchase is to expect it to be a loooong term purchase.</p><p><br /></p><p>Here's the deal with gold. For the most part, the modern commemorative/bullion strikes will rise and fall in proportion to the spot gold market. You will not realize any gain other than melt prices for the modern stuff in most cases.</p><p><br /></p><p>The pre-33 stuff does often carry with it a numismatic value. However most of the common denominations will again fall in line with the spot prices. Until you get into the very high grade pre-33 gold, their value tends to stay in in line again with the spot market. So if you have the opportunity to choose, I would always choose the earliest date I could get at the best possible grade particularly with half eagles ($5.00). Some of my favorites pieces are early Classic Head half eagles with minor dings and scratches that render them ungradable. I love pieces like that.</p><p><br /></p><p>Finally, I like to direct folks to the PCGS pricing guide. Everyone has their own favorites. Most use a pricing guide in tandem with auction results. Their is a wealth of good info out there. I am an old guy that is not at all friendly with the digital age and I can find the stuff readily. Just stay away from the YouTube videos. They tend to be laced with a lot of false promises.[/QUOTE]</p><p><br /></p>
[QUOTE="Randy Abercrombie, post: 3870128, member: 92655"]Welcome to the forum. I too am a pre-33 gold guy. I been fortunate that I have held my gold for a very long time. The bulk was purchased in the late 1990's. My experience tells me that the only way to benefit from a gold purchase is to expect it to be a loooong term purchase. Here's the deal with gold. For the most part, the modern commemorative/bullion strikes will rise and fall in proportion to the spot gold market. You will not realize any gain other than melt prices for the modern stuff in most cases. The pre-33 stuff does often carry with it a numismatic value. However most of the common denominations will again fall in line with the spot prices. Until you get into the very high grade pre-33 gold, their value tends to stay in in line again with the spot market. So if you have the opportunity to choose, I would always choose the earliest date I could get at the best possible grade particularly with half eagles ($5.00). Some of my favorites pieces are early Classic Head half eagles with minor dings and scratches that render them ungradable. I love pieces like that. Finally, I like to direct folks to the PCGS pricing guide. Everyone has their own favorites. Most use a pricing guide in tandem with auction results. Their is a wealth of good info out there. I am an old guy that is not at all friendly with the digital age and I can find the stuff readily. Just stay away from the YouTube videos. They tend to be laced with a lot of false promises.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Historical Gold Numismatic Coin Appreciation?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...