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<p>[QUOTE="princeofwaldo, post: 26436322, member: 24091"]$600 in 2013. Gold started 2013 above $1,600 and ended near $1,200. Got $870 for it with gold at $3,538. Pretty horrible return for 12 years of waiting. Spot gold may well go off the charts from here, and there's plenty more in the collection. Sold what I did to raise cash. Could have sold stocks, --I have a nice position in Coeur Mining that has doubled in less than 2 months. But how do you sell off the top performing stocks when there are coins in the collection that have done nothing for a decade even in the face of a screaming gold rally? Dump the losers and keep the winners has always been my approach. I've made out much better with world gold coins, the cheap ones were bought near melt anyway, and the better pieces are high grade low population or in some cases finest known. The really rare stuff has done pretty well. That's been the problem with US gold all along, it just isn't very rare, much of it not even scarce.[/QUOTE]</p><p><br /></p>
[QUOTE="princeofwaldo, post: 26436322, member: 24091"]$600 in 2013. Gold started 2013 above $1,600 and ended near $1,200. Got $870 for it with gold at $3,538. Pretty horrible return for 12 years of waiting. Spot gold may well go off the charts from here, and there's plenty more in the collection. Sold what I did to raise cash. Could have sold stocks, --I have a nice position in Coeur Mining that has doubled in less than 2 months. But how do you sell off the top performing stocks when there are coins in the collection that have done nothing for a decade even in the face of a screaming gold rally? Dump the losers and keep the winners has always been my approach. I've made out much better with world gold coins, the cheap ones were bought near melt anyway, and the better pieces are high grade low population or in some cases finest known. The really rare stuff has done pretty well. That's been the problem with US gold all along, it just isn't very rare, much of it not even scarce.[/QUOTE]
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