Modern $5 gold commemorative

SimpleCollector

Are these worth picking up at essentially melt?

Better sticking to generic old gold?

Or go with 1/10 ounce gold eagles

LCS has been sitting on some modern for awhile, can likely get it for melt, as generic old gold is usually melt+2%.

Curious as to “buy it it’s gold” or “stay away, no one wants it except maybe refiners”

Kliao

If it’s at melt I say pick it up

jimineez1

I've owned many through the years. Not my favorite, but fine to buy at/below melt and fairly easy to sell for at/slightly above melt. They are less likely to be fake compared to raw old gold imho. Also they have no wear which is nice.

Also, I wouldn't pay the premium for 1/10 eagles from a lcs

Hemispherical

If it can be had for spot (or less) then I’d get it.

PerryHall

@SimpleCollector said:
Are these worth picking up at essentially melt?

Better sticking to generic old gold?

Or go with 1/10 ounce gold eagles

Any of these options are good if bought at melt or very close to it. I like undamaged pre-1933 US gold coins near melt for the numismatic and historical interest.

tincup

I would not hesitate picking up modern gold commems at or below melt... a well known standard purity, issued by government, less likely to be fake, not hard to sell.

tommy44

Why not, very easy to sell if required and usually a very small margin between buy and sell.

ricko

Gold commemorative at melt is a good deal.....should be easy to turn a small profit on it....Cheers, RickO

Mike59

I have bought them 2 of them before (Mt Rushmore) at melt. I just bought 2014 3/4 ounce Kennedy .9999 at melt this past weekend. I know Its a odd-size at 3/4 ounce but it's in a NGC-PF69 holder and I paid no premium.

TwoSides2aCoin

Stack outside the box and capsules, at that price. In tubes, preferably.

SimpleCollector

Thanks for the comments. Picked up a generic old $5 gold coin today, but the modern commems still sitting there. Perhaps next visit.

Kliao

@SimpleCollector said:
Thanks for the comments. Picked up a generic old $5 gold coin today, but the modern commems still sitting there. Perhaps next visit.

Post pics if you buy them so we know what kinds you get

SimpleCollector

Don’t get to add stuff that often, but slowly buying different 10 ounce silver bars. I have been buying at LCS for years, so always get a deal...Today, got these at melt.

jimineez1

@TwoSides2aCoin said:
Stack outside the box and capsules, at that price. In tubes, preferably.

I used to keep them in the capsule to keep them pristine, but throw the box in the basement. The capsuled coins would stack nicely in a tube that was for half dollars I think.... Maybe 6-8 coins per tube...I can't recall.