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<p>[QUOTE="Blasty, post: 8259649, member: 38375"]If I had to make the comparison, junk gold would be common date circulated US Pre-33 and other world circulation money. It's hard to imagine calling any gold coin "junk," though. A gold coin is far too precious and coveted to be compared to mere silver change. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>When demand for metals was at a low several years ago, I had an LCS owner offer to sell me some circulated pre-33 at spot. I suppose you could call it junk gold at the time. Alas, I did not have that kind of cash. Right now, all of it carries a significant premium, especially the pre-33. $2.50 and $5.00 pieces are way out of whack in my own opinion, and I'm seeing $10 pieces start to follow.</p><p><br /></p><p>However, it would appear that 1980s-1990s commemoratives with the same weight and purity as pre-33 are the closest thing to junk gold right now, since at least one shop near me puts them out with zero premium. The caveat is that would mean getting below melt if selling back to them. However, I imagine that one could still get melt or a few bucks over selling privately to the right person.</p><p><br /></p><p>Regarding the 100 Corona, the 1915 restrikes are bullion and were never meant to circulate in general commerce. For that reason I would hesitate to call them "junk gold" in the same sense that we call old silver circulation coinage "junk silver."</p><p><br /></p><p>I'm sure I already contradicted myself somewhere in there... yeah, commemoratives aren't circulation money. To be honest I'm not sure where the line is drawn if there is such a thing as junk gold coinage.[/QUOTE]</p><p><br /></p>
[QUOTE="Blasty, post: 8259649, member: 38375"]If I had to make the comparison, junk gold would be common date circulated US Pre-33 and other world circulation money. It's hard to imagine calling any gold coin "junk," though. A gold coin is far too precious and coveted to be compared to mere silver change. :) When demand for metals was at a low several years ago, I had an LCS owner offer to sell me some circulated pre-33 at spot. I suppose you could call it junk gold at the time. Alas, I did not have that kind of cash. Right now, all of it carries a significant premium, especially the pre-33. $2.50 and $5.00 pieces are way out of whack in my own opinion, and I'm seeing $10 pieces start to follow. However, it would appear that 1980s-1990s commemoratives with the same weight and purity as pre-33 are the closest thing to junk gold right now, since at least one shop near me puts them out with zero premium. The caveat is that would mean getting below melt if selling back to them. However, I imagine that one could still get melt or a few bucks over selling privately to the right person. Regarding the 100 Corona, the 1915 restrikes are bullion and were never meant to circulate in general commerce. For that reason I would hesitate to call them "junk gold" in the same sense that we call old silver circulation coinage "junk silver." I'm sure I already contradicted myself somewhere in there... yeah, commemoratives aren't circulation money. To be honest I'm not sure where the line is drawn if there is such a thing as junk gold coinage.[/QUOTE]
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