Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
washington "plain edge" error dollar
>
Reply to Thread
Message:
<p>[QUOTE="davidh, post: 442341, member: 15062"]If you're looking to buy gold or silver coins, you have three choices - the US Mint <a href="http://catalog.usmint.gov/webapp/wcs/stores/servlet/TopCategoriesDisplay?storeId=10001&catalogId=10001" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://catalog.usmint.gov/webapp/wcs/stores/servlet/TopCategoriesDisplay?storeId=10001&catalogId=10001" rel="nofollow">http://catalog.usmint.gov/webapp/wcs/stores/servlet/TopCategoriesDisplay?storeId=10001&catalogId=10001</a> , a dealer (check Google or your local phonebook) or ebay. </p><p><br /></p><p>If you buy from the mint or a dealer, you're going to pay a price from a few to several percent over the current spot price of the metal. If you buy on ebay you can sometimes get a bargain, but you really have to know what you're doing, as there are many crooks doing the selling.</p><p><br /></p><p>You need to decide whether you want collectable coins, or bullion coins. Collectable coins should be obtained only in the highest possible grade that you can come up with. Anything less would be considered bullion (worth it's metalic weight only) except for the really rare coins. High grade collectable or rare coins will appreciate in price; bullion coins will only be worth somewhere around the spot price of the metal.</p><p><br /></p><p>If your goal is to have a collection then that's all there is to it. If you are planning to sell at a profit some time in the future, dealers will pay you from a few to several percent less than the spot price. You can get spot price, or a little more on ebay. </p><p><br /></p><p>The wise thing is to read up on what's available, who has what you're looking for and the general pricing structure for the market.</p><p><br /></p><p>Remember, there's no guarantee that the price of gold or silver are going to go up. Gold has been bouncing up and down in the $800's lately with silver in the $11-12 range. In the recent past gold was as high as $1000 briefly and silver was $18, but I don't think those numbers will be reached again soon.[/QUOTE]</p><p><br /></p>
[QUOTE="davidh, post: 442341, member: 15062"]If you're looking to buy gold or silver coins, you have three choices - the US Mint [url]http://catalog.usmint.gov/webapp/wcs/stores/servlet/TopCategoriesDisplay?storeId=10001&catalogId=10001[/url] , a dealer (check Google or your local phonebook) or ebay. If you buy from the mint or a dealer, you're going to pay a price from a few to several percent over the current spot price of the metal. If you buy on ebay you can sometimes get a bargain, but you really have to know what you're doing, as there are many crooks doing the selling. You need to decide whether you want collectable coins, or bullion coins. Collectable coins should be obtained only in the highest possible grade that you can come up with. Anything less would be considered bullion (worth it's metalic weight only) except for the really rare coins. High grade collectable or rare coins will appreciate in price; bullion coins will only be worth somewhere around the spot price of the metal. If your goal is to have a collection then that's all there is to it. If you are planning to sell at a profit some time in the future, dealers will pay you from a few to several percent less than the spot price. You can get spot price, or a little more on ebay. The wise thing is to read up on what's available, who has what you're looking for and the general pricing structure for the market. Remember, there's no guarantee that the price of gold or silver are going to go up. Gold has been bouncing up and down in the $800's lately with silver in the $11-12 range. In the recent past gold was as high as $1000 briefly and silver was $18, but I don't think those numbers will be reached again soon.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
washington "plain edge" error dollar
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...