Kinda interesting, about a month ago I all of a sudden decided to visit my LCS to pick up some double Eagles. I'm usually more of a silver bug, but felt like I needed to add some Au. They were $2000 each, but with all the crazy things going on in the world, and watching Fiat lose 25-50% in the past couple of years, it was time. I was very happy with the purchase, and now can't believe gold is up 20% in one month. I'm waiting for a correction, then getting some more!
Those levels are long gone, I just concentrate on buying now as a long term investor I look for prices to average out in 15 - 20 years I know it will be worth allot more the bullion and coins.
I acquired eight 69-70 Gold Eagles today, mostly proof. There are many exceeding my maximum auction bids! My current bids are ~15% greater than several months past! Offering quality has diminished! JMHO
Anyone here know much about English gold sovereigns? They are king in the UK, but don't get a lot of respect in the US. Pre 1935 coins. I know they should have a big premium over spot gold, as most old collectibles should. But information is spotty unless I'm looking at a UK site and that's questionable at best. There just isn't a huge following here.
I know a little bit. Good gold content at: Composition: Gold ; Fineness: 0.9170 ; Weight: 7.9881g ; AGW: 0.2355oz ; https://www.gold-sovereign.net/
This market is something else, I am finding more opportunities to purchase below or at spot with Silver climbing past 30 so I scoop it up when these deals surface. feeling motivated.......example: 96 Washington quarters 490.00..... in 2x2 cardboard holders..
About a 1.5% move up in both gold and silver. My guess is the CB's are buyers up to about $2,800 or so.
I just bought 3 rolls of quarters below spot... Couldn't believe it. Guy had a sign with current spot prices, but was running a special on quarters. Other denominations were above spot.