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<p>[QUOTE="Duane Waller, post: 1791974, member: 57243"]<font size="3">Thank you Mike,</font></p><p><font size="3">Yes, I found them there listed at: $1,447.72 </font></p><p><font size="3">And I also found them at APMEX for $1,577.69</font></p><p><font size="3">And also at USMoneyReserve for $1,372</font></p><p> </p><p>Tonight I found a 10 year chart for the closing prices of Gold Eagle coins at <a href="http://www.monex.com/prods/gold_eagle_chart.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.monex.com/prods/gold_eagle_chart.html" rel="nofollow">http://www.monex.com/prods/gold_eagle_chart.html</a></p><p> </p><p>What burns me is, I have a friend who purchased these coins from the aforementioned dealer in December 2009 and the dealer charged $2525 per coin.</p><p> </p><p>A few days later, the buyer took possession of them and had them valued, and the agent valued them at $1300 per coin. With the quantity purchased it was a loss of $20,000.</p><p>The buyer called the dealer and the sales person said "don't worry about it, the gold market is just fluctuating". </p><p> </p><p>My friend obviously did not do due diligence and compare prices with other sellers to discover that the *REAL* value of the coin was $1300 at that time.</p><p>The dealer inflated the price per coin by something like 90%.</p><p> </p><p>Unfortunately, no way to recover that loss now unless the *REAL* prices of Gold Eagles goes above $2500 some day. And I think that will take another stock market crash before that happens.[/QUOTE]</p><p><br /></p>
[QUOTE="Duane Waller, post: 1791974, member: 57243"][SIZE=3]Thank you Mike,[/SIZE] [SIZE=3]Yes, I found them there listed at: $1,447.72 [/SIZE] [SIZE=3]And I also found them at APMEX for $1,577.69[/SIZE] [SIZE=3]And also at USMoneyReserve for $1,372[/SIZE] Tonight I found a 10 year chart for the closing prices of Gold Eagle coins at [url]http://www.monex.com/prods/gold_eagle_chart.html[/url] What burns me is, I have a friend who purchased these coins from the aforementioned dealer in December 2009 and the dealer charged $2525 per coin. A few days later, the buyer took possession of them and had them valued, and the agent valued them at $1300 per coin. With the quantity purchased it was a loss of $20,000. The buyer called the dealer and the sales person said "don't worry about it, the gold market is just fluctuating". My friend obviously did not do due diligence and compare prices with other sellers to discover that the *REAL* value of the coin was $1300 at that time. The dealer inflated the price per coin by something like 90%. Unfortunately, no way to recover that loss now unless the *REAL* prices of Gold Eagles goes above $2500 some day. And I think that will take another stock market crash before that happens.[/QUOTE]
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