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<p>[QUOTE="kb6kgx, post: 2073464, member: 24418"]Biggest mistake? Back in 2009, I had taken box of coins down to the coin dealer to see, for the purpose of erasing my credit card debt. My dad had been buying coin sets in threes, one for him and one each for my sister and myself. I took ALL of my American Eagle Gold Bullion sets, the two Platinum Bullion sets, a set of Russian Ruble coins (6 1/2-oz. gold coins) and American Eagle Silver Bullion coins, P and UNC, to the dealer. He tallied everything up and wrote me out a check for $45,000. Great, yes?</p><p><br /></p><p>The “mistake” was mine. I miscalculated just a bit as to how much I needed. Turned out my numbers were about $10,000 HIGHER than they really were. I didn’t need to sell the Platinum coins or the Russian coins! I could have kept the Silver AEs (those were just $320 for what there was, so it was insignificant).</p><p><br /></p><p>However, I made out in another way. On that date, in Sept 2009, the price of gold was about $1100 an ounce. Everyone was predicting gold would rise (which it eventually did), and he said he would pay me $1800 an ounce. Turned out it was “only” $1700 an ounce, so I got WAY more than I expected. Just wish I hadn’t sold all the stuff that I did. I still have one gold set left. Gonna hang onto that one.[/QUOTE]</p><p><br /></p>
[QUOTE="kb6kgx, post: 2073464, member: 24418"]Biggest mistake? Back in 2009, I had taken box of coins down to the coin dealer to see, for the purpose of erasing my credit card debt. My dad had been buying coin sets in threes, one for him and one each for my sister and myself. I took ALL of my American Eagle Gold Bullion sets, the two Platinum Bullion sets, a set of Russian Ruble coins (6 1/2-oz. gold coins) and American Eagle Silver Bullion coins, P and UNC, to the dealer. He tallied everything up and wrote me out a check for $45,000. Great, yes? The “mistake” was mine. I miscalculated just a bit as to how much I needed. Turned out my numbers were about $10,000 HIGHER than they really were. I didn’t need to sell the Platinum coins or the Russian coins! I could have kept the Silver AEs (those were just $320 for what there was, so it was insignificant). However, I made out in another way. On that date, in Sept 2009, the price of gold was about $1100 an ounce. Everyone was predicting gold would rise (which it eventually did), and he said he would pay me $1800 an ounce. Turned out it was “only” $1700 an ounce, so I got WAY more than I expected. Just wish I hadn’t sold all the stuff that I did. I still have one gold set left. Gonna hang onto that one.[/QUOTE]
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