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Pre-1933 Gold certified coin?
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<p>[QUOTE="doug444, post: 1885323, member: 38849"]I'll tell you a little secret, although it's controversial, strictly my opinion, and a lot of CT-er's will probably disagree.</p><p><br /></p><p>When the crunch, the BIG crunch comes, most of that premium paid for MS62-63-64 gold is going to disappear overnight. An ounce of gold will simply be an ounce of gold, and most of the people with stuff (that are willing to trade USEFUL stuff--think food and ammo--for gold) will laugh at any request for a premium price based on a slabbed grade. Regarding the "other" PM, good luck convincing some guy that a bar or round he's never heard of -- is 0.999 silver. Junk silver he might acid-test (why bother?) but premiums there, too, will evaporate like summer rain on a blacktop driveway. That is my firm opinion.</p><p><br /></p><p>That is not to say the rare coin market will disappear, but there's likely to be some radical adjustments. In addition, honest tax-paying sellers will be paying a heck of a lot of income or capital gains tax on their "theoretical" but illusory profits.</p><p><br /></p><p>If the price of your coin goes up 4X, and the price of milk, bread, and hamburger go up 5X, are you gaining or losing?[/QUOTE]</p><p><br /></p>
[QUOTE="doug444, post: 1885323, member: 38849"]I'll tell you a little secret, although it's controversial, strictly my opinion, and a lot of CT-er's will probably disagree. When the crunch, the BIG crunch comes, most of that premium paid for MS62-63-64 gold is going to disappear overnight. An ounce of gold will simply be an ounce of gold, and most of the people with stuff (that are willing to trade USEFUL stuff--think food and ammo--for gold) will laugh at any request for a premium price based on a slabbed grade. Regarding the "other" PM, good luck convincing some guy that a bar or round he's never heard of -- is 0.999 silver. Junk silver he might acid-test (why bother?) but premiums there, too, will evaporate like summer rain on a blacktop driveway. That is my firm opinion. That is not to say the rare coin market will disappear, but there's likely to be some radical adjustments. In addition, honest tax-paying sellers will be paying a heck of a lot of income or capital gains tax on their "theoretical" but illusory profits. If the price of your coin goes up 4X, and the price of milk, bread, and hamburger go up 5X, are you gaining or losing?[/QUOTE]
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Pre-1933 Gold certified coin?
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