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Recommendations Needed: Where to Purchase pre-1933 Gold?
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<p>[QUOTE="johnmilton, post: 8496266, member: 101855"]You are looking for something that is best left to a very reliable local dealer who knows how to spot counterfeits. The trouble with "semi-reasonable premiums over gold" is that you are looking for lower grade, common date gold coins in grades like VF-30 or so, or if you can stand it, lower. Those are the kind of coins that sell for around spot. Given the current economic conditions, with inflation high, and people flocking toward precious metals, this is not the best time to find what you want. </p><p><br /></p><p>Given what you are willing to pay, and the high cost of certification these days, slabbed coins are probably off the table for you. </p><p><br /></p><p>I have seen U.S. gold coins, such as $10 and $20 pieces sell for less that melt for brief periods. The trouble is, the collectors and numismatic dealers were smart. Their perception was that gold was due for significant correction, and the below spot prices were temporary. In all the cases that I can remember, they were right.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 8496266, member: 101855"]You are looking for something that is best left to a very reliable local dealer who knows how to spot counterfeits. The trouble with "semi-reasonable premiums over gold" is that you are looking for lower grade, common date gold coins in grades like VF-30 or so, or if you can stand it, lower. Those are the kind of coins that sell for around spot. Given the current economic conditions, with inflation high, and people flocking toward precious metals, this is not the best time to find what you want. Given what you are willing to pay, and the high cost of certification these days, slabbed coins are probably off the table for you. I have seen U.S. gold coins, such as $10 and $20 pieces sell for less that melt for brief periods. The trouble is, the collectors and numismatic dealers were smart. Their perception was that gold was due for significant correction, and the below spot prices were temporary. In all the cases that I can remember, they were right.[/QUOTE]
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Recommendations Needed: Where to Purchase pre-1933 Gold?
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