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<p>[QUOTE="HawkeEye, post: 2714802, member: 86305"]My comment was only one of a math exercise with comments about coupling metal values and collectibles. Everyone has a different reason and logic for buying. If you believe gold is more solid then the gold buffalo is certainly a better bet because the high intrinsic value in the coin puts a floor under the value. On the other hand if you are truly collecting something like Morgans then the intrinsic value is inconsequential and the higher the grade the less the intrinsic value matters.</p><p><br /></p><p>I keep very detailed records and the intrinsic value of all silver in my collection is about 10% of the market value. For gold coins the intrinsic is much higher as a percent (as you pointed out). But which is safer is anyone's guess and every coin and collector is different with different goals.</p><p><br /></p><p>My observation has been that the long term (30+ years), big wins in coins tend to be rare, high quality coins and whether or not they are gold or silver is secondary to the collectibility. If the medal content were an issue then no pennies, nickels or dimes would ever be a real home run, and we know that is not true.</p><p><br /></p><p>But that is my observation and what I believe to be true. Your goals, experience, and collecting needs may be different which is what makes this a fun hobby. It can fit all of us.[/QUOTE]</p><p><br /></p>
[QUOTE="HawkeEye, post: 2714802, member: 86305"]My comment was only one of a math exercise with comments about coupling metal values and collectibles. Everyone has a different reason and logic for buying. If you believe gold is more solid then the gold buffalo is certainly a better bet because the high intrinsic value in the coin puts a floor under the value. On the other hand if you are truly collecting something like Morgans then the intrinsic value is inconsequential and the higher the grade the less the intrinsic value matters. I keep very detailed records and the intrinsic value of all silver in my collection is about 10% of the market value. For gold coins the intrinsic is much higher as a percent (as you pointed out). But which is safer is anyone's guess and every coin and collector is different with different goals. My observation has been that the long term (30+ years), big wins in coins tend to be rare, high quality coins and whether or not they are gold or silver is secondary to the collectibility. If the medal content were an issue then no pennies, nickels or dimes would ever be a real home run, and we know that is not true. But that is my observation and what I believe to be true. Your goals, experience, and collecting needs may be different which is what makes this a fun hobby. It can fit all of us.[/QUOTE]
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TRYING TO "Play the GSR" -- HORRIBLE IDEA
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