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<p>[QUOTE="fiddlehead, post: 1885596, member: 31286"]I think we're saying the same thing, 444. There is no premium on generic gold coins. Their value will likely always be related to the price of gold which can go up or down (like corn or real estate, for that matter). My comment about nothing to lose was in relation to a doomsday scenario - nothing else (i.e., if you money is worthless, what difference does it make if you didn't spend it?). However, that said, whether or not hyper inflation would have a positive or negative effect on collectible/numismatic value pieces - I don't know. Checking out the long term sales prices of coins with numismatic value, they seem to keep up with inflation pretty well- although some more and some less than others. It may depend on what one means by "hyper-inflation" - and what segment of the coin market. Me, I like mid-19th century gold coins in XF or AU condition, where there is a pretty even balance between gold content value and numismatic premium. Less to lose I suppose? Me, I'm always looking at the down side risk.</p><p><br /></p><p>Duk[/QUOTE]</p><p><br /></p>
[QUOTE="fiddlehead, post: 1885596, member: 31286"]I think we're saying the same thing, 444. There is no premium on generic gold coins. Their value will likely always be related to the price of gold which can go up or down (like corn or real estate, for that matter). My comment about nothing to lose was in relation to a doomsday scenario - nothing else (i.e., if you money is worthless, what difference does it make if you didn't spend it?). However, that said, whether or not hyper inflation would have a positive or negative effect on collectible/numismatic value pieces - I don't know. Checking out the long term sales prices of coins with numismatic value, they seem to keep up with inflation pretty well- although some more and some less than others. It may depend on what one means by "hyper-inflation" - and what segment of the coin market. Me, I like mid-19th century gold coins in XF or AU condition, where there is a pretty even balance between gold content value and numismatic premium. Less to lose I suppose? Me, I'm always looking at the down side risk. Duk[/QUOTE]
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