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<p>[QUOTE="UncleWilley, post: 716427, member: 21136"]Sorry if these questions have been asked a hundred times. I've read through some threads but still need some help.</p><p><br /></p><p>With Gold currently around $1,050/oz how does that relate to the price of Gold coins? Is there a significant numismatic value for gold coins above the price of gold?</p><p><br /></p><p>My father-in-law (87) recently purchased a number of 2006 American Buffalo $50 Gold Coins, 1 oz at $1,565 each. I'm concerned that he paid an excessive premium, 50% over spot gold price.</p><p><br /></p><p>So how does the trading in Gold Coins work? I see multiple sources to purchase the same 2006 coin with variable prices. How do I find the "buy" price the he would be paid if he wanted to sell the coins?</p><p><br /></p><p>Is there a list of reputable sources for gold coins, purchase and sell? </p><p><br /></p><p>Thanks in advance for any help!!![/QUOTE]</p><p><br /></p>
[QUOTE="UncleWilley, post: 716427, member: 21136"]Sorry if these questions have been asked a hundred times. I've read through some threads but still need some help. With Gold currently around $1,050/oz how does that relate to the price of Gold coins? Is there a significant numismatic value for gold coins above the price of gold? My father-in-law (87) recently purchased a number of 2006 American Buffalo $50 Gold Coins, 1 oz at $1,565 each. I'm concerned that he paid an excessive premium, 50% over spot gold price. So how does the trading in Gold Coins work? I see multiple sources to purchase the same 2006 coin with variable prices. How do I find the "buy" price the he would be paid if he wanted to sell the coins? Is there a list of reputable sources for gold coins, purchase and sell? Thanks in advance for any help!!![/QUOTE]
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