Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
what a decent price to pay for
>
Reply to Thread
Message:
<p>[QUOTE="imrich, post: 26094451, member: 22331"]Your post really generated an interest in determining the R.O.I. on some raw $2.5 Gold undamaged coins I bought in 1958 upon completing my initial engineering studies.</p><p>I was hired without application, with a guaranteed ride to/from work, by 2 managers, from my home, as the lone new equipment designer for an established material handling firm.</p><p>I now had a steady source of income to expand my Numismatic collection, into Gold!</p><p>The price of Gold at that time was ~$35/oz.!</p><p>I recently looked at the lowest current sale prices for those coins, as Gold price reversed more than I liked.</p><p>I listed 4 different consecutive date coins in Fine-AU condition at 75% of lowest market listings, on Craigslist.</p><p>The coins were purchased within 1 day of listing.</p><p>The simple R.O.I. interest rate for those 67 years was ~10%/annum!</p><p>Higher quality pre-1950 Silver coins listed at an appreciable market discount, numerous times over the years, remain un-noticed!</p><p>I've appreciated your astute investments, and your sharing efforts!</p><p>Thanks!![/QUOTE]</p><p><br /></p>
[QUOTE="imrich, post: 26094451, member: 22331"]Your post really generated an interest in determining the R.O.I. on some raw $2.5 Gold undamaged coins I bought in 1958 upon completing my initial engineering studies. I was hired without application, with a guaranteed ride to/from work, by 2 managers, from my home, as the lone new equipment designer for an established material handling firm. I now had a steady source of income to expand my Numismatic collection, into Gold! The price of Gold at that time was ~$35/oz.! I recently looked at the lowest current sale prices for those coins, as Gold price reversed more than I liked. I listed 4 different consecutive date coins in Fine-AU condition at 75% of lowest market listings, on Craigslist. The coins were purchased within 1 day of listing. The simple R.O.I. interest rate for those 67 years was ~10%/annum! Higher quality pre-1950 Silver coins listed at an appreciable market discount, numerous times over the years, remain un-noticed! I've appreciated your astute investments, and your sharing efforts! Thanks!![/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
>
Coin Chat
>
what a decent price to pay for
>
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...