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<p>[QUOTE=&quot;flydl2atl, post: 771814, member: 18355&quot;]WebNomad,</p><p><br /></p><p>I struggled with some of those same questions back a couple years when I started buying gold - mainly for the reasons you describe as protection against a declining dollar.&nbsp; I don&#039;t think it&#039;s too late - and history has shown that precious metals should be part of everyone&#039;s investment portfolio.</p><p><br /></p><p>Which coin to buy I think largely depends on your own outlook of what is to come.&nbsp; Some on this board things will get much worse and the economy will shrink back to a barter economy....if this is your view then you should probably stick with American gold eagles and fractional gold eagles with that...some people say you should buy historic coins with numismatic value to protect them from confisication - if you share that belief then take a look at some of the older American gold bullion.</p><p><br /></p><p>Currently there is a efficient market for most bullion and thus it is priced accordingly - i.e if you pay 70 over spot for a gold eagle then the seller is probably receiving 20 or 30 over spot.&nbsp; If you&#039;re paying 40 over spot for a Krugerand then the seller is probably only getting spot for the kruggerand.</p><p><br /></p><p>I personally think that there is no going back from globablization and thus have no fear buying philharmonics or pandas or whatever.&nbsp; The market for them will always be there - and may even grow signifigantly as in China when more Chinese wish to buy coins from their own countries.&nbsp; So I simply buy what I like.</p><p><br /></p><p>When buying coins chose a reputable dealer like Kitco or Apmex...then you can be guaranteed your not getting a fake.&nbsp; So my advice is to buy what you like - if you still feel nervous then just buy a gold eagle or krugerand...really can&#039;t go wrong with those.</p><p><br /></p><p>Good Luck.[/QUOTE]</p><p><br /></p>

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