Home› U.S. Coin Forum

A little OT, but gold just crossed over $1200

UtahCoinUtahCoin Posts: 5,366 ✭✭✭✭✭
in U.S. Coin Forum
Interesting...
I used to be somebody, now I'm just a coin collector.
Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.

Comments

  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    Yup

    Coin's for sale/trade.


    Tom Pilitowski
    US Rare Coin Investments
    800-624-1870

  • DennisHDennisH Posts: 14,011 ✭✭✭✭✭
    Not OT at all.
    And there goes another big round number hurdle.
    When in doubt, don't.
  • barbershopperbarbershopper Posts: 1,201


    << <i>Not OT at all.
    And there goes another big round number hurdle. >>



    And silver is $19.15.

    JT
    It is health that is real wealth, not pieces of gold and silver. Gandhi.

    I collect all 20th century series except gold including those series that ended there.
  • JupitarCoinsJupitarCoins Posts: 2,595 ✭
    This belongs on the precious metals forum.
    Positive:
    BST Transactions: DonnyJf, MrOrganic, Justanothercoinaddict, Fivecents, Slq, Jdimmick,
    Robb, Tee135, Ibzman350, Mercfan, Outhaul, Erickso1, Cugamongacoins, Indiananationals, Wayne Herndon

    Negative BST Transactions:
  • MilesWaitsMilesWaits Posts: 5,425 ✭✭✭✭✭
    Yes!!!!!!!!!

    Go Gold!!!!!!!

    Check your shorts, shorts!!!!!!

    Now riding the swell in PM's and surf.
  • RichRRichR Posts: 3,930 ✭✭✭✭✭

    <<This belongs on the precious metals forum. >>

    I think we should award a prize to the first person to utter this remark each day!
  • moonshinemoonshine Posts: 1,039 ✭✭
    yep - take it to the PM forum where it belongs!!!!!!!!!!!!!
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    Woo Hoo! $1,200 Au~image
    Avid collector of GSA's.
  • ttownttown Posts: 4,472 ✭✭✭
    It's about time my classic coins just keep going up up up.......
  • bouchardaboucharda Posts: 2,941


    << <i>yep - take it to the PM forum where it belongs!!!!!!!!!!!!! >>



    So it doesn't relate to those buying Gold Buffalos from the Mint???

    or ASE's

    or Eagles

    or ore....................(well maybe that one)
  • DrPeteDrPete Posts: 1,497 ✭✭✭
    Whereas the majority of postings about precious metals would best be put on the PM forum, hitting $1200 is extemely significant and I find it OK that it made the US Coin forum.
    Dr. Pete
  • moonshinemoonshine Posts: 1,039 ✭✭
    boucharda -- that's what I thought when they invented the new PM forum! But now that it is there, we need to stay organized, or my OCD will kick in. heh - just kidding.

  • ProofArtworkonCircsProofArtworkonCircs Posts: 4,223 ✭
    <<This belongs on the precious metals forum.>>

    I think it belongs everywhere. It is certainly of interest to gold coin collectors. Have you ever vistited the PM forum? I find it a strange place that I visit as little as possible.
  • bouchardaboucharda Posts: 2,941


    << <i><<This belongs on the precious metals forum.>>

    I think it belongs everywhere. It is certainly of interest to gold coin collectors. Have you ever vistited the PM forum? I find it a strange place that I visit as little as possible. >>




    I thought it was just me....image
  • MilesWaitsMilesWaits Posts: 5,425 ✭✭✭✭✭
    Sure.
    Let's import all the current PM threads to this forum and quit the unnecessary bus trip and segregation and icky feelings about being cast away to that strangely dark and quiet place previously known as......
    $1200 Yeah!!!!!!!!!!!!

    Miles
    Now riding the swell in PM's and surf.
  • Type2Type2 Posts: 13,985 ✭✭✭✭✭
    imageimage


    Now it is OT. image


    Hoard the keys.
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    image

    Bullion or coin, either way it's going up.
  • MilesWaitsMilesWaits Posts: 5,425 ✭✭✭✭✭
    If you bought UR UHR at $1189, it certainly has!!

    Miles
    Now riding the swell in PM's and surf.
  • dizzyfoxxdizzyfoxx Posts: 9,823 ✭✭✭


    << <i><<This belongs on the precious metals forum.>>

    I think it belongs everywhere. It is certainly of interest to gold coin collectors. Have you ever vistited the PM forum? I find it a strange place that I visit as little as possible. >>



    image In fact, I think I am going to bring this thread back to the top of the U.S. Coin Forum once a week for the next year.image
    image...There's always time for coin collecting. image
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Marvelous... simply frikken marvelous. $1500 here we come. Cheers, RickO
  • ChrisRxChrisRx Posts: 5,619 ✭✭✭✭
    I would rather have my $ be worth more.
    So no I will not be saying "YES GOLD GO HIGHER!!"
    that would be the equivalent of saying "I WANT LESS OF A PAYCHECK"

    So... after the fear driven gold dies off I look forward to 800ish gold again.
    image
  • PerryHallPerryHall Posts: 46,838 ✭✭✭✭✭


    << <i>I would rather have my $ be worth more.
    So no I will not be saying "YES GOLD GO HIGHER!!"
    that would be the equivalent of saying "I WANT LESS OF A PAYCHECK"

    So... after the fear driven gold dies off I look forward to 800ish gold again. >>



    So, you must be in favor of a government that manages a balanced budget that also pays down the national debt.



    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • 291fifth291fifth Posts: 24,689 ✭✭✭✭✭
    The Silvertowne Christmas round I bought on Saturday is already worth more than the $19 I paid for it.

    My sister will still get it for Christmas.
    All glory is fleeting.
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    Now everyone can sell them dusty ole $20 Libs & Saints on the BST for $1,200.

    XF to AU+ Cash for GOLD just a click away on BST~image
    Avid collector of GSA's.
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭


    << <i>

    << <i>I would rather have my $ be worth more.
    So no I will not be saying "YES GOLD GO HIGHER!!"
    that would be the equivalent of saying "I WANT LESS OF A PAYCHECK"

    So... after the fear driven gold dies off I look forward to 800ish gold again. >>



    So, you must be in favor of a government that manages a balanced budget that also pays down the national debt. >>



    I would be in favor of that. Do you know where we could get a government like that?
  • LokiLoki Posts: 897 ✭✭
    oh yeah? My 1/4 oz proof buffs just crossed $1300! image
  • KablemodemKablemodem Posts: 466
    The free 1995 SAE I got for subscribing to Numismatic News is looking better and better.
  • bestdaybestday Posts: 4,242 ✭✭✭✭
    Full Moon tonight..... a trend change in Gold ????
    image
  • ChrisRxChrisRx Posts: 5,619 ✭✭✭✭


    << <i>

    << <i>

    << <i>I would rather have my $ be worth more.
    So no I will not be saying "YES GOLD GO HIGHER!!"
    that would be the equivalent of saying "I WANT LESS OF A PAYCHECK"

    So... after the fear driven gold dies off I look forward to 800ish gold again. >>



    So, you must be in favor of a government that manages a balanced budget that also pays down the national debt. >>



    I would be in favor of that. Do you know where we could get a government like that? >>



    Of course I am in favor in that. We have not had a balanced budget with a surplus in about 9-10 years...
    image
  • MrOrganicMrOrganic Posts: 1,366


    << <i>Now everyone can sell them dusty ole $20 Libs & Saints on the BST for $1,200.

    XF to AU+ Cash for GOLD just a click away on BST~image >>



    I will buy all you have!!!

    PM me.....very serious
    Singapore & Hong Kong March/April
    Hong kong/Long Beach JUNE Table #838
    MACAU
    emgworldwide@gmail.com
    Cell: 512.808.3197
    EMERGING MARKET GROUP
    PCGS, NGC, CCE & NCS, CGC, PSA, Auth. Dealer
  • GoldbullyGoldbully Posts: 17,936 ✭✭✭✭✭
    Ask $1208 image

    image
  • CaptHenwayCaptHenway Posts: 32,731 ✭✭✭✭✭
    The price of gold is relative to numismatics. Today we bought in a handful of $5 Indians. Back when gold was $300/ oz., four of the five coins had significant date-and-mintmark premiums. Today, as I was pricing them up, one of them had about a $15 premium, and the other three non-1909D's are all common dates.

    The same think applies with $20 Saints. Dates in the teens that used to bring a premium now do not......thanks to $1200 gold.

    TD
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • oldwestgoldoldwestgold Posts: 337


    << <i>I would rather have my $ be worth more.
    So no I will not be saying "YES GOLD GO HIGHER!!"
    that would be the equivalent of saying "I WANT LESS OF A PAYCHECK" >>



    The very real fact is most people have their savings and investments in greenbacks, while only a small percentage is in precious metals. So yes, most would agree with this statement.
  • ChrisRxChrisRx Posts: 5,619 ✭✭✭✭


    << <i>The price of gold is relative to numismatics. Today we bought in a handful of $5 Indians. Back when gold was $300/ oz., four of the five coins had significant date-and-mintmark premiums. Today, as I was pricing them up, one of them had about a $15 premium, and the other three non-1909D's are all common dates.

    The same think applies with $20 Saints. Dates in the teens that used to bring a premium now do not......thanks to $1200 gold.

    TD >>



    But where are the $1600 ms65 saints now? They were $1600 last time gold was hovering around $1000. Heck, any ms65 widget Saints under 2k? Nope.
    image
  • MilesWaitsMilesWaits Posts: 5,425 ✭✭✭✭✭
    What I love are the AE Gold Proof Sets!

    A numismatic, and incredible rising Gold play that defies both mediums of logic...

    By the way, where are they priced per ounce now??

    Miles
    Now riding the swell in PM's and surf.
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    Buys on the proof AGE's with packaging are $2075-$2125. MS65 Saints may be widgets but they are holding their own with respect to the gold price bringing over a 2X premium to spot. Fwiw as they keep that >2X premium they do not qualify as bullion under the PA2 guidelines.

    Sorry, but I already shipped out all my $20 Libs and Saints in a $CASH4GOLD package. I'm just waiting to find out how much they'll give me. Next, I'm going to sell all my scrap jewelry at a gold party.

    Of course I am in favor in that. We have not had a balanced budget with a surplus in about 9-10 years...

    That was smoke and mirrors. If one takes out the borrowed social security payments and other such tricks, we haven't seen a balanced budget since Andrew Jackson.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • JulioJulio Posts: 2,501 ✭
    Should anyone be able to post a logical debate to Mr. Hemingway's statement and show me a flaw in his statement; I will be impressed. Take care. jws
    image
  • FullStepJeffsFullStepJeffs Posts: 1,874 ✭✭✭
    If you think $1200 is good... wait until next year when it reaches $1500... and the following year when it breaks the $2000 mark.

    Some people have the thought that gold will eventually be (or could go) to the $5K level... if the $ is weak, the gold keeps going higher.

    Steve
    U.S. Air Force Security Forces Retired

    In memory of the USAF Security Forces lost: A1C Elizabeth N. Jacobson, 9/28/05; SSgt Brian McElroy, 1/22/06; TSgt Jason Norton, 1/22/06; A1C Lee Chavis, 10/14/06; SSgt John Self, 5/14/07; A1C Jason Nathan, 6/23/07; SSgt Travis Griffin, 4/3/08; 1Lt Joseph Helton, 9/8/09; SrA Nicholas J. Alden, 3/3/2011. God Bless them and all those who have lost loved ones in this war. I will never forget their loss.
  • notwilightnotwilight Posts: 12,864 ✭✭✭


    << <i>I would rather have my $ be worth more.
    So no I will not be saying "YES GOLD GO HIGHER!!"
    that would be the equivalent of saying "I WANT LESS OF A PAYCHECK"

    So... after the fear driven gold dies off I look forward to 800ish gold again. >>



    Hope is not a plan. "Looking forward to..." isn't a plan. Cheerleading is not a plan. You can prepare for gold prices which are out of your control or you can ignore them and complain about a weak dollar. I chose to make a bet on gold and I listen to the guys who seem to have a good handle on it over at the PM forum and I try to maximize my wealth and ability to buy coins....That's my plan. Not meaning to be harsh. --Jerry
  • ChrisRxChrisRx Posts: 5,619 ✭✭✭✭


    << <i>If you think $1200 is good... wait until next year when it reaches $1500... and the following year when it breaks the $2000 mark.

    Some people have the thought that gold will eventually be (or could go) to the $5K level... if the $ is weak, the gold keeps going higher.

    Steve >>



    Unless you have most of your money in gold why on earth would you want 5k gold?
    image
  • FullStepJeffsFullStepJeffs Posts: 1,874 ✭✭✭


    << <i>

    << <i>If you think $1200 is good... wait until next year when it reaches $1500... and the following year when it breaks the $2000 mark.

    Some people have the thought that gold will eventually be (or could go) to the $5K level... if the $ is weak, the gold keeps going higher.

    Steve >>



    Unless you have most of your money in gold why on earth would you want 5k gold? >>



    I never said I wanted 5K gold... and I have no gold in my portfolio. The issue is, as long as the $ is weak, gold will continue to go up. As long as the US government keeps printing money with record deficits, gold will continue to go up.
    U.S. Air Force Security Forces Retired

    In memory of the USAF Security Forces lost: A1C Elizabeth N. Jacobson, 9/28/05; SSgt Brian McElroy, 1/22/06; TSgt Jason Norton, 1/22/06; A1C Lee Chavis, 10/14/06; SSgt John Self, 5/14/07; A1C Jason Nathan, 6/23/07; SSgt Travis Griffin, 4/3/08; 1Lt Joseph Helton, 9/8/09; SrA Nicholas J. Alden, 3/3/2011. God Bless them and all those who have lost loved ones in this war. I will never forget their loss.
  • notwilightnotwilight Posts: 12,864 ✭✭✭


    << <i>

    << <i>If you think $1200 is good... wait until next year when it reaches $1500... and the following year when it breaks the $2000 mark.

    Some people have the thought that gold will eventually be (or could go) to the $5K level... if the $ is weak, the gold keeps going higher.

    Steve >>



    Unless you have most of your money in gold why on earth would you want 5k gold? >>



    You think we're cheerleaders. We're not. We're making our best guess on the real future, not some game. The poster didn't say he wants $5k gold. He says he predicts $5k gold. So he is making plans for $5k gold--which probably includes owning as much as possible...He's making a friendly suggestion that the rest of us should too.

    Now wisdom is knowing if his advice is correct or those thinking that "Gold has reached it's highs for some time" are right. This isn't a game. You have to play with real money. --Jerry

    PS: and choosing not to play is indeed playing, you're making a bet on the FRN.
  • MilesWaitsMilesWaits Posts: 5,425 ✭✭✭✭✭
    Good point's Jerry.

    Some forget or fail to realize that the wishing does not make it true when it comes to the uncontrollables.

    Miles
    Now riding the swell in PM's and surf.
  • JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭
    Well said Jerry. Gold is up another $15 in the last several minutes actually to $1215. Why is this happening (gold going up in an orderly fashion) is the question I think one should be asking themselves. A lot of folks will not examine that question honestly for many reasons or others will choice to simply ignore it. What is raising gold trying to tell you? I have many "clients" that I've tried to put into gold $700 dollars ago. They told me it was to expensive then and they tell me it's too expensive now. Thankfully, many also listened. To twine ownself be true. I still recommend everybody protect themselves with some bullion as wealth insurance. Gold imo is still cheap. Bullion in adddition to rare coins (which I love) can be fun....here is a fun set I enjoy looking at from time to time. A one ounce lunar set purchased in late 2006. MJ

    image
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    $400oz gold would be best for everyone. You gotta deal with what's REAL~ Our GREAT country is in a mess.

    Protect yourself/assets.

    Gold $1,200oz better buy while you can still find some to buy.JMOimage
    Avid collector of GSA's.
  • PerryHallPerryHall Posts: 46,838 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>I would rather have my $ be worth more.
    So no I will not be saying "YES GOLD GO HIGHER!!"
    that would be the equivalent of saying "I WANT LESS OF A PAYCHECK"

    So... after the fear driven gold dies off I look forward to 800ish gold again. >>



    So, you must be in favor of a government that manages a balanced budget that also pays down the national debt. >>



    I would be in favor of that. Do you know where we could get a government like that? >>



    No such government exists which was my point. Hence, In Gold We Trust.


    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • jmski52jmski52 Posts: 23,248 ✭✭✭✭✭
    You think we're cheerleaders. We're not. We're making our best guess on the real future, not some game. The poster didn't say he wants $5k gold. He says he predicts $5k gold. So he is making plans for $5k gold--which probably includes owning as much as possible...He's making a friendly suggestion that the rest of us should too.

    Exactly right, Jerry.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • GoldbullyGoldbully Posts: 17,936 ✭✭✭✭✭


    << <i>Ask $1208 image

    image >>



    Holding strong!

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Format
SpoilerCodeQuote
Heading 2Heading 1
Emoji
:):D:(;):/:o:s:p:'(:|B):#:*<3o:)>:)
Url
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file
Home • U.S. Coin ForumComment As ...