Which Gold 1/10oz Coin to Get

Discussion in 'Bullion Investing' started by SilverTracker, Feb 8, 2017.

  1. Blissskr

    Blissskr Well-Known Member

    Wait what? If that occurred all people would do is cut the larger gold coin into pieces if necessary. It's the same thing colonists used to do with Reales or 'pieces of eight' which they'd literally cut up in making payment or change if smaller coins weren't available. I mean you can cut a gold coin very easy using no more than tin snips.
     
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  3. doug444

    doug444 STAMPS and POSTCARDS too!

    No, baseball, I don't. I've bought on and off for 15 years, and still have 98% of what I ever bought. I've gotten rid of some illiquid PM's I acquired in the early days and replaced them with 90%.

    As for the OP's question, I'd buy 1/10th Eagles, although most of the golds I've bought are numismatic Liberty $2.50 and $5, at times when their cost-premium over bullion coins was very small. I believe my gold represents about 15% of my total retail valuation.

    I put it away and more or less forgot about it; it's not for sale.
     
  4. doug444

    doug444 STAMPS and POSTCARDS too!

    "cut the larger gold coin into pieces..."

    LOL, maybe we should collect coins and invest in tin snips. :D
     
  5. Blissskr

    Blissskr Well-Known Member

    Just theoretical if things got that bad where we were using gold & silver as currency or to barter with again. I think tin snips and some mechanical scales ;) would probably be quite handy lol.
     
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