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my trip to the coin dealer today
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<p>[QUOTE="WingedLiberty, post: 1154329, member: 26030"]Hey thanks for all the great and positive responses!</p><p><br /></p><p><b>900Fine</b>, interesting note about European Banks. I had no idea. Where do you find out this stuff? </p><p><br /></p><p><b>Coppertop</b>, one thing I didn't mention, is I actually sold three 2009 American Gold Eagles (which I bought for roughly $1,000 each in late 2009) to the dealer to fund this purchase. I bought a pile of AGE's as an inflation hedge in 2009 and wanted to take advantage of the tightened spread between bullion gold and old U.S. gold. And although I LOVE bullion as a way to make a lot of money, it's not very interesting or romantic (and doesnt really tickle my coin collectiing fancy). So technically, I didnt really pay as much out of pocket. The three AGE's that I bought for a smidge over $3,000 in 2009, I sold to the dealer for $4,446. So with the proceeds from my sale, I bought these 2 gorgeous old gold coins and walked away with $523 in my pocket. So I guess that means I actually paid $2,477 for these two gold coins, an outlay in cash that was actually made in late 2009. (What does that work out to ... $1,239 for each coin?). Ahh, the joys of having lots of bullion in an inflationary environment!</p><p><br /></p><p><br /></p><p>By the way, does anyone know the best way to edit out the NGC holder clips from coin rims when photographing NGC slabbed coins? I have been struggling with that.[/QUOTE]</p><p><br /></p>
[QUOTE="WingedLiberty, post: 1154329, member: 26030"]Hey thanks for all the great and positive responses! [B]900Fine[/B], interesting note about European Banks. I had no idea. Where do you find out this stuff? [B]Coppertop[/B], one thing I didn't mention, is I actually sold three 2009 American Gold Eagles (which I bought for roughly $1,000 each in late 2009) to the dealer to fund this purchase. I bought a pile of AGE's as an inflation hedge in 2009 and wanted to take advantage of the tightened spread between bullion gold and old U.S. gold. And although I LOVE bullion as a way to make a lot of money, it's not very interesting or romantic (and doesnt really tickle my coin collectiing fancy). So technically, I didnt really pay as much out of pocket. The three AGE's that I bought for a smidge over $3,000 in 2009, I sold to the dealer for $4,446. So with the proceeds from my sale, I bought these 2 gorgeous old gold coins and walked away with $523 in my pocket. So I guess that means I actually paid $2,477 for these two gold coins, an outlay in cash that was actually made in late 2009. (What does that work out to ... $1,239 for each coin?). Ahh, the joys of having lots of bullion in an inflationary environment! By the way, does anyone know the best way to edit out the NGC holder clips from coin rims when photographing NGC slabbed coins? I have been struggling with that.[/QUOTE]
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my trip to the coin dealer today
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