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<p>[QUOTE=&quot;RaceBannon, post: 1004901, member: 25357&quot;]I own gold coins.&nbsp; Interestingly enough, when our family inherited my grandfathers gold coins, most of my extended family went out and cashed theirs out immediately, some used it for home improvements, some bought cars, some just wanted the cash.&nbsp; Gold was about $400 per oz then.&nbsp; </p><p>&nbsp;</p><p>But it goes to illustrate the point that many, if not most Americans would just as soon have cash.&nbsp; They don&#039;t see gold as a monetary asset, that has the potential to appreciate.&nbsp; Or depreciate, although in the last 6 to 7 years it&#039;s been all appreciation.</p><p>&nbsp;</p><p>I&#039;ve added some to my gold collection over the years, but not as much as I could have, since the high cost of gold coins creates a bit of a barrier to buying more.&nbsp; In retrospect, if I was after pure financial gain, I should have dumped all the money I&#039;ve spent on Morgan Dollars and various other US coins into gold.&nbsp; But I enjoy collecting all the other coins too much to limit my collecting to just gold coins.[/QUOTE]</p><p><br /></p>

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