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<p>[QUOTE="Check_M_All, post: 189938, member: 6661"]Hey, Drusus. I think the difference between investing in gold and purchasing a gold ancient as an investment is pretty broad. If you are looking to invest in gold, then you are looking to buy your gold at a price that is as close to the spot price as possible. $2000 should be purchasing about 3 ounces of gold for investment purposes. If you spend that money on the coin above... which I highly doubt is 3 ounces, then you are no longer investing in gold, you have decided instead to invest in a rare coin. It may be made of gold, but the price of the coin is not related to its gold content, so its value will not move proportionately to the price of gold... which would be the point of investing in gold.</p><p><br /></p><p>Still, it's a very cool coin, and if you wish to own it, then I say go ahead, just don't consider it a "gold investment".</p><p><br /></p><p>Take this one for example....</p><p><br /></p><p><img src="http://www.vcoins.com/world/beastcoins/store/catalog/E0152.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><b>Salzburg (Independent Bishopric), AV Ducat, 1788, Hieronymus-Graf von Colloredo-Walsee ruler</b></p><p><br /></p><p> Salzburg (Independent Bishopric), AV Ducat, 1788, Hieronymus-Graf von Colloredo-Walsee ruler </p><p>HIERONYMVS D:G:A.&.P.S.A.S.L.N.G.PRIM. </p><p>Bust of Hieronymus right, wearing cloak, cross and hat </p><p>Crowned, mantled arms </p><p>3.5000g, .9860 Gold, .1109oz AGW, 22mm </p><p>Mintage: Unlisted </p><p>KM 463</p><p><br /></p><p><span style="color: Red"><b>PRICE $800</b></span></p><p>**********************************************************************************</p><p><br /></p><p>.1109oz AGW for $800. Multiply by 9 for approximate price for 1oz and you're paying about $7200 per ounce.... a far cry from the current spot price for gold.[/QUOTE]</p><p><br /></p>
[QUOTE="Check_M_All, post: 189938, member: 6661"]Hey, Drusus. I think the difference between investing in gold and purchasing a gold ancient as an investment is pretty broad. If you are looking to invest in gold, then you are looking to buy your gold at a price that is as close to the spot price as possible. $2000 should be purchasing about 3 ounces of gold for investment purposes. If you spend that money on the coin above... which I highly doubt is 3 ounces, then you are no longer investing in gold, you have decided instead to invest in a rare coin. It may be made of gold, but the price of the coin is not related to its gold content, so its value will not move proportionately to the price of gold... which would be the point of investing in gold. Still, it's a very cool coin, and if you wish to own it, then I say go ahead, just don't consider it a "gold investment". Take this one for example.... [IMG]http://www.vcoins.com/world/beastcoins/store/catalog/E0152.jpg[/IMG] [B]Salzburg (Independent Bishopric), AV Ducat, 1788, Hieronymus-Graf von Colloredo-Walsee ruler[/B] Salzburg (Independent Bishopric), AV Ducat, 1788, Hieronymus-Graf von Colloredo-Walsee ruler HIERONYMVS D:G:A.&.P.S.A.S.L.N.G.PRIM. Bust of Hieronymus right, wearing cloak, cross and hat Crowned, mantled arms 3.5000g, .9860 Gold, .1109oz AGW, 22mm Mintage: Unlisted KM 463 [COLOR=Red][B]PRICE $800[/B][/COLOR] ********************************************************************************** .1109oz AGW for $800. Multiply by 9 for approximate price for 1oz and you're paying about $7200 per ounce.... a far cry from the current spot price for gold.[/QUOTE]
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