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<p>[QUOTE=&quot;flintcreek6412, post: 1842967, member: 61025&quot;]I&#039;ve wrestled with this question myself and even asked a week or so ago.&nbsp; The first thing you need to ask yourself is why are you looking at Pre33 gold?&nbsp; As an investment or do you just really like these coins?</p><p><br /></p><p>I wanted to buy some because I&#039;ve always wanted them but I needed to convince myself it was &quot;worth&quot; it for more than the satisfaction.&nbsp; Let&#039;s face it, these coins aren&#039;t cheap.</p><p><br /></p><p>I opted to look for slab coins so I could be somewhat confident they were real and not cleaned or damaged.&nbsp; I&#039;ve seen cleaned slab coins and frankly I can&#039;t see it so buying raw is a crapshoot to me as far as resale.</p><p><br /></p><p>I spent a few hours and threw together a spreadsheet to try to answer my own questions.&nbsp; My numbers came from the PCGS Coin Facts website.</p><p><br /></p><p>I picked common date $5 Indian, $10 Indian and $20 St Gauden.&nbsp; I didn&#039;t do liberty but may someday because they seem to carry a lower premium over spot but I really really love the Indians. </p><p><br /></p><p>I next researched back 10yrs of price history of AU55 vs MS63 grades.&nbsp; I noted each year on Jan 01 what the value was all the way to current year.&nbsp; I did the same with the gold spot price, stock market index and also a mutual fund price.</p><p><br /></p><p>I then compared what a $5000 investment in each type would be for each year.</p><p><br /></p><p>For investment I found my mutual fund #1, stock index #2, gold bullion #3, AU55 #4 and MS63 #5.</p><p><br /></p><p>I found that the high premium paid for MS63 over spot wasn&#039;t worth it &quot;to me&quot; from an investment standpoint.&nbsp; But I found that the balance between premium over spot, yet satisfaction of owning a still beautiful AU55 was worth it.&nbsp; So my quest for AU50-58 slabbed coins began of which I&#039;ve acquired 2 that I am very happy with.&nbsp; Still searching for others as AU55+/- gold isn&#039;t slabbed often which surprises me based upon the cost of these coins.&nbsp;&nbsp; What&#039;s $25-40 to insure a problem free coin when you are looking at $500-$1500 coins.</p><p><br /></p><p>I totally ruled out $2.50 and smaller gold because the premium on even AU55 coins is nearly double the gold value.&nbsp; Unless I decide to do a gold type set or acquire a C or D mint maybe for fun. </p><p><br /></p><p>This is my hybrid way to collect and invest(justify a want) in gold coins.</p><p><br /></p><p>Good luck with whatever you choose.[/QUOTE]</p><p><br /></p>

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