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<p>[QUOTE="Victor, post: 670303, member: 5454"]You are on the right track. A dealer I go to has a bid board and always has 2 or 3 NGC slabbed MS-69 tenth ounce AGEs up for bid. There is one bidder who monopolizes the gold by placing higher than normal bids. It used to be that a bid of $125 would win the coin. Now this bidder starts his bidding at $125. You have to go to $130 or $135 to win a slabbed tenth ounce of gold now. And add to that the 6.25 percent Massachusetts sales tax.</p><p>So if this gold hoarder is buying up every tenth ounce he can get there must be a plan in his mind.</p><p> I am with the bulls here that keep saying "Buy, buy". My first tenth ounce coins cost me $59 shipped. Recently sold one for $120 and kept one. Then I got a bunch at $70 to $79 a few years back. Now my last one was $112 from eBay. I have yet to pay $120 or even $125 but I feel that day fast approaching.</p><p>There are those that will say "Why buy the tenth oz.? The premium over spot is the most compared to other fractionals." Because my opinion is that they are easy to sell when that time comes.[/QUOTE]</p><p><br /></p>
[QUOTE="Victor, post: 670303, member: 5454"]You are on the right track. A dealer I go to has a bid board and always has 2 or 3 NGC slabbed MS-69 tenth ounce AGEs up for bid. There is one bidder who monopolizes the gold by placing higher than normal bids. It used to be that a bid of $125 would win the coin. Now this bidder starts his bidding at $125. You have to go to $130 or $135 to win a slabbed tenth ounce of gold now. And add to that the 6.25 percent Massachusetts sales tax. So if this gold hoarder is buying up every tenth ounce he can get there must be a plan in his mind. I am with the bulls here that keep saying "Buy, buy". My first tenth ounce coins cost me $59 shipped. Recently sold one for $120 and kept one. Then I got a bunch at $70 to $79 a few years back. Now my last one was $112 from eBay. I have yet to pay $120 or even $125 but I feel that day fast approaching. There are those that will say "Why buy the tenth oz.? The premium over spot is the most compared to other fractionals." Because my opinion is that they are easy to sell when that time comes.[/QUOTE]
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