Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
What the ? Millions of Pre WWII british gold coins in the USA Mint ?
>
Reply to Thread
Message:
<p>[QUOTE="Michael K, post: 3090349, member: 78298"]When you consider how much gold mining there is, and how much gold is constantly being dumped into the market, the price is only affected slightly.</p><p>If all these coins were released all at once, the price of gold might fall $10 an ounce or less. It also might rise, as there will be more buying than selling as people snap these coins up. Maybe this was some payment for Lend Lease.</p><p>Perhaps some history buffs can educate me on this topic.</p><p>Pointless to have these coins sitting in a vault for 75 years, it's worth the same as a bag of rocks if you never sell them.[/QUOTE]</p><p><br /></p>
[QUOTE="Michael K, post: 3090349, member: 78298"]When you consider how much gold mining there is, and how much gold is constantly being dumped into the market, the price is only affected slightly. If all these coins were released all at once, the price of gold might fall $10 an ounce or less. It also might rise, as there will be more buying than selling as people snap these coins up. Maybe this was some payment for Lend Lease. Perhaps some history buffs can educate me on this topic. Pointless to have these coins sitting in a vault for 75 years, it's worth the same as a bag of rocks if you never sell them.[/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
>
Bullion Investing
>
What the ? Millions of Pre WWII british gold coins in the USA Mint ?
>
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...