@TurtleCat said:
I’m hoping the spot price keeps going down. Eventually the numismatic gold will have to follow suit and it will be easier to acquire some items.
I agree. So far I have seen very little movement down in gold coin pricing. Even with the $200+ drop in spot. Many dealers are willing to sit on inventory and I guess I can't blame them.
Palladium is looking a lot better now compared to when people were paying $3500 for the new mint products. I love the design but was not willing to pay the 50%+ markup. I am glad I waited.
It is the market. I find the Eagle premium to be interesting. You can wholesale them at $8 to $10 over spot. I'm rather surprised it has persisted this long.
Were gold coins back then actually used as currency in those days (not just put aside as a gold stash and/or as collectable sort of coins)? I mean I'd have to imagine you'd have to be fairly rich to even get/own even one or a few...
Heading towards the $1600's. Watching and hoping we can continue lower. Have some Liberty's on my want list and will wait for premiums to come in line with spot.
You guys are probably correct.
I’ve got a horrible record with metals.
I read somewhere that they are going up 😁
I certainly appreciate $110 5 oz apmex silver bars 😉🦫🙀
@Jzyskowski1 said:
You guys are probably correct.
I’ve got a horrible record with metals.
I read somewhere that they are going up 😁
I certainly appreciate $110 5 oz apmex silver bars 😉🦫🙀
Gold will go up as soon as William Devane is unemployed.
Go to kitco. There are always articles predicting $3000 gold... have been for 20 years.
I expect a sharp drop after the $1,700 support broke, next target is for @1630Boston to post.
Then I expect a very big rally sometime around the time 2-year interest rates hit 5% and the Fed starts to back off. Don't fight the Fed. Time will tell.
@Jzyskowski1 said:
Gold will return to $1900 before it drops below $1600. Metals are on the move up 😉🦫🙀
Not today. Lol. $1710 and $1795
I'm still calling for $1500 and $17
You may be calling for $1500 but I want $1200 or less
$1200 was where gold was in late 2018- early 2019. I was at Baltimore and passed on a PCGS MS63 Saint at spot +$75... my butt hurts from kicking myself. I did manage to get a $5 Lib (PCGS AU58) and a $2.5 Indian (Raw... ultimately graded 58) around the same time though, so I don't feel like a complete idiot...
Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;
Just thinking about the pound. Joe mentioned that the euro was getting it so I was checking that when I noticed the pound in trouble. Good time to order from the Royal mint and pay with those strong dollars 😁
@Jzyskowski1 said:
Interesting 😁
Look at our little silver engine that could. Nice hike in spot. $20+ 😁
One of many current oddities. Silver is a more industrial metal - as are palladium and platinum - yet they've been more stable than gold despite the "recession". There's so many mixed indicators, the next move is anyone's guess.
Once upon a time, Putin threatening to use nuclear weapons would have caused gold to surge 5 to 10%.
@Jzyskowski1 said:
Interesting 😁
Look at our little silver engine that could. Nice hike in spot. $20+ 😁
One of many current oddities. Silver is a more industrial metal - as are palladium and platinum - yet they've been more stable than gold despite the "recession". There's so many mixed indicators, the next move is anyone's guess.
Once upon a time, Putin threatening to use nuclear weapons would have caused gold to surge 5 to 10%.
Gold did surge 5-10% if you have euros and pounds for currency. London gold shops have had a hard time getting bars and coins back in stock as they say demand last month was huge. Need to consider these metals on a global basis as well.
You don't need charts to tell why silver moved this week. I sold off rolls of halves, Peace Dollars and Morgans a week ago. Always happens after I sell.
@Jzyskowski1 said:
Interesting 😁
Look at our little silver engine that could. Nice hike in spot. $20+ 😁
One of many current oddities. Silver is a more industrial metal - as are palladium and platinum - yet they've been more stable than gold despite the "recession". There's so many mixed indicators, the next move is anyone's guess.
Once upon a time, Putin threatening to use nuclear weapons would have caused gold to surge 5 to 10%.
Gold did surge 5-10% if you have euros and pounds for currency. London gold shops have had a hard time getting bars and coins back in stock as they say demand last month was huge. Need to consider these metals on a global basis as well.
Traditionally, the move would be in dollar denominated gold. The surge in the dollar is another interesting factor in the whole equation. The US is either winning or losing the currency battle, depending on the goal.
Comments
I agree. So far I have seen very little movement down in gold coin pricing. Even with the $200+ drop in spot. Many dealers are willing to sit on inventory and I guess I can't blame them.
Successful BST with BustDMs , Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino (CBH's - 37 Die Marriage's)
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
🥵🙀🦫
🎶 shout shout, let it all out 🎶
I need to start buying foreign gold. I may have to learn about coins from the Roman Empire.
Palladium is looking a lot better now compared to when people were paying $3500 for the new mint products. I love the design but was not willing to pay the 50%+ markup. I am glad I waited.
Successful BST with BustDMs , Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino (CBH's - 37 Die Marriage's)
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
What a super-inflated premium hoot!!
It is the market. I find the Eagle premium to be interesting. You can wholesale them at $8 to $10 over spot. I'm rather surprised it has persisted this long.
Were gold coins back then actually used as currency in those days (not just put aside as a gold stash and/or as collectable sort of coins)? I mean I'd have to imagine you'd have to be fairly rich to even get/own even one or a few...
D's: 54S,53P,50P,49S,45D+S,44S,43D,41S,40D+S,39D+S,38D+S,37D+S,36S,35D+S,all 16-34's
Q's: 52S,47S,46S,40S,39S,38S,37D+S,36D+S,35D,34D,32D+S
74T: 37,38,47,151,193,241,435,570,610,654,655 97 Finest silver: 115,135,139,145,310
73T:31,55,61,62,63,64,65,66,67,68,80,152,165,189,213,235,237,257,341,344,377,379,390,422,433,453,480,497,545,554,563,580,606,613,630
95 Ultra GM Sets: Golden Prospects,HR Kings,On-Base Leaders,Power Plus,RBI Kings,Rising Stars
Break out your Colonials! I dont have anything minted earlier than 1787...
Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
I am pulling for a time where we can post a coin that is double spot price. I have a long wish list of coins to add at that point.
Successful BST with BustDMs , Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino (CBH's - 37 Die Marriage's)
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
Carnac says futures are over 1800, with spot to follow. Time for some positivity.
National Commemorative Medals of the U.S. Mint:
https://www.pcgs.com/setregistry/u-s-coins/medals-tokens/national-commemorative-medals-united-states-mint-1940-present/alltimeset/195526
For your enjoyment ( momentarily)😉🙀🦫
🎶 shout shout, let it all out 🎶
Darn. I was hoping for a nice drop heading into the ANA. Oh well.
Successful BST with BustDMs , Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino (CBH's - 37 Die Marriage's)
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
Let’s not let today pass with out honoring Gold above $1800!! 😉🦫🙀
🎶 shout shout, let it all out 🎶
I know I know but it’s nice to see $21 silver and 1810 gold. I know, wrong chart. I know, it’ll change, I know 😉🦫🙀
🎶 shout shout, let it all out 🎶
GOLD $1,791.37 (+0.74)
Edging back up to $1800?
GOLD $1,802.75 (+12.12)
400 comments celebrating gold's upward moves and we're $50 lower than we started.
Guess that’s why I collect silver 😉🙀🦫
🎶 shout shout, let it all out 🎶
Some interesting developments at the Chinese end.
https://forums.collectors.com/discussion/1080013/huge-breaking-news-no-more-paper-trading-in-china-merchants-bank
Seems as if something's afoot......
https://www.pcgs.com/setregistry/u-s-coins/quarters/PCGS-2020-quarter-quest/album/247091
Heading towards the $1600's. Watching and hoping we can continue lower. Have some Liberty's on my want list and will wait for premiums to come in line with spot.
Successful BST with BustDMs , Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino (CBH's - 37 Die Marriage's)
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
Gold will return to $1900 before it drops below $1600. Metals are on the move up 😉🦫🙀
🎶 shout shout, let it all out 🎶
Not today. Lol. $1710 and $1795
I'm still calling for $1500 and $17
You may be calling for $1500 but I want $1200 or less
Successful BST with BustDMs , Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino (CBH's - 37 Die Marriage's)
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
LOL. It's usually not about what you want but what you can get.
You guys are probably correct.
I’ve got a horrible record with metals.
I read somewhere that they are going up 😁
I certainly appreciate $110 5 oz apmex silver bars 😉🦫🙀
🎶 shout shout, let it all out 🎶
Gold will go up as soon as William Devane is unemployed.
Go to kitco. There are always articles predicting $3000 gold... have been for 20 years.
Silver at $17.77 and gold threatening to break through 1700.
Dollar incredibly strong.
Watch the FED, folks. If they surprise high, you could see the metals plummet.
Plummer sounds so promising. I’ve been hoping for plummet for a few years. Would love to see Double Eagles back around $1200 along with Gold Buffalos.
Successful BST with BustDMs , Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino (CBH's - 37 Die Marriage's)
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
Yikes 😳
🎶 shout shout, let it all out 🎶
You reckon Doc Brown in the third Back to the Future movie might have used/spent any of these?
D's: 54S,53P,50P,49S,45D+S,44S,43D,41S,40D+S,39D+S,38D+S,37D+S,36S,35D+S,all 16-34's
Q's: 52S,47S,46S,40S,39S,38S,37D+S,36D+S,35D,34D,32D+S
74T: 37,38,47,151,193,241,435,570,610,654,655 97 Finest silver: 115,135,139,145,310
73T:31,55,61,62,63,64,65,66,67,68,80,152,165,189,213,235,237,257,341,344,377,379,390,422,433,453,480,497,545,554,563,580,606,613,630
95 Ultra GM Sets: Golden Prospects,HR Kings,On-Base Leaders,Power Plus,RBI Kings,Rising Stars
Liking the look of $16?? on gold this morning.
Like the look of $15## or $14## even better. Keep on falling.
Successful BST with BustDMs , Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino (CBH's - 37 Die Marriage's)
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
I expect a sharp drop after the $1,700 support broke, next target is for @1630Boston to post.
Then I expect a very big rally sometime around the time 2-year interest rates hit 5% and the Fed starts to back off. Don't fight the Fed. Time will tell.
National Commemorative Medals of the U.S. Mint:
https://www.pcgs.com/setregistry/u-s-coins/medals-tokens/national-commemorative-medals-united-states-mint-1940-present/alltimeset/195526
$1200 was where gold was in late 2018- early 2019. I was at Baltimore and passed on a PCGS MS63 Saint at spot +$75... my butt hurts from kicking myself. I did manage to get a $5 Lib (PCGS AU58) and a $2.5 Indian (Raw... ultimately graded 58) around the same time though, so I don't feel like a complete idiot...
Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
Sitting around $1650 this morning. Liking this move down. Keep it coming.
Successful BST with BustDMs , Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino (CBH's - 37 Die Marriage's)
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
Getting closer to $1,630. Palladium down $100. Fear is entering many, even usually diverse or uncorrelated, asset markets.
National Commemorative Medals of the U.S. Mint:
https://www.pcgs.com/setregistry/u-s-coins/medals-tokens/national-commemorative-medals-united-states-mint-1940-present/alltimeset/195526
Big move in the dollar today. Strongest it has been in 15 years.
Successful BST with BustDMs , Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino (CBH's - 37 Die Marriage's)
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
Seeing $1645 tonight. Could $15## be coming this week?
Successful BST with BustDMs , Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino (CBH's - 37 Die Marriage's)
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
Or longer. It's at parity with the Euro.
$1,630 has arrived.
National Commemorative Medals of the U.S. Mint:
https://www.pcgs.com/setregistry/u-s-coins/medals-tokens/national-commemorative-medals-united-states-mint-1940-present/alltimeset/195526
1624! Yikes! James I reign.
My YouTube Channel
https://youtube.com/watch?v=2YNufnS_kf4 - Mama I'm coming home ...................................................................................................................................................................... RLJ 1958 - 2023
National Commemorative Medals of the U.S. Mint:
https://www.pcgs.com/setregistry/u-s-coins/medals-tokens/national-commemorative-medals-united-states-mint-1940-present/alltimeset/195526
The Pound is getting pounded. Remarkable move lower in a short time frame.
Successful BST with BustDMs , Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino (CBH's - 37 Die Marriage's)
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
Just thinking about the pound. Joe mentioned that the euro was getting it so I was checking that when I noticed the pound in trouble. Good time to order from the Royal mint and pay with those strong dollars 😁
🎶 shout shout, let it all out 🎶
Interesting 🧐
🎶 shout shout, let it all out 🎶
Interesting 😁
Look at our little silver engine that could. Nice hike in spot. $20+ 😁
🎶 shout shout, let it all out 🎶
One of many current oddities. Silver is a more industrial metal - as are palladium and platinum - yet they've been more stable than gold despite the "recession". There's so many mixed indicators, the next move is anyone's guess.
Once upon a time, Putin threatening to use nuclear weapons would have caused gold to surge 5 to 10%.
Curious times...
.> @jmlanzaf said:
Gold did surge 5-10% if you have euros and pounds for currency. London gold shops have had a hard time getting bars and coins back in stock as they say demand last month was huge. Need to consider these metals on a global basis as well.
National Commemorative Medals of the U.S. Mint:
https://www.pcgs.com/setregistry/u-s-coins/medals-tokens/national-commemorative-medals-united-states-mint-1940-present/alltimeset/195526
You don't need charts to tell why silver moved this week. I sold off rolls of halves, Peace Dollars and Morgans a week ago. Always happens after I sell.
Successful BST with BustDMs , Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino (CBH's - 37 Die Marriage's)
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
Traditionally, the move would be in dollar denominated gold. The surge in the dollar is another interesting factor in the whole equation. The US is either winning or losing the currency battle, depending on the goal.
Interesting times.