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Almost a double, crazy!

D808LFD808LF Posts: 536 ✭✭✭✭✭

Paid $4,500 for this 2.5 oz slug ten years ago - 6 minted. Now with gold just passing $3,500/oz, melt is $8,750!

fka renman95, Sep 2005, 7,000 posts

Comments

  • jmski52jmski52 Posts: 23,241 ✭✭✭✭✭

    Nice move, comrade! Nice coin too!

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • MsMorrisineMsMorrisine Posts: 35,844 ✭✭✭✭✭

    and we know it can go for more than that

    (i'm happy and scared)

    congrats to you, tho

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • HalfDimeHalfDime Posts: 442 ✭✭✭✭

    It's says only $5000 dollars. ;) You got it for $500 less.

  • blitzdudeblitzdude Posts: 6,554 ✭✭✭✭✭

    You would of more than doubled had you just bought the real deal. RGDS!

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™
    Wooooha! Did someone just say it's officially "TACO™" Tuesday????

  • Downtown1974Downtown1974 Posts: 6,993 ✭✭✭✭✭

    That’s a beauty. I’ve never seen that one before.
    Good time to own some gold for sure.

  • johnny9434johnny9434 Posts: 29,220 ✭✭✭✭✭

    😎

  • dcarrdcarr Posts: 9,103 ✭✭✭✭✭
    edited April 22, 2025 5:05AM

    @blitzdude said:
    You would of more than doubled had you just bought the real deal. RGDS!

    .

    It is real gold. Your insinuation is absolutely false.

    In fact, I can attest to the content since I made it. And, on top of that, they tend to be a little over-weight.
    With only 6 minted, you have no clue what sort of premium it would attain at auction.

    As far as I know, not a single one of my 2.5-oz gold octagons has ever been in a public auction.

    Do you know who personally fabricated your gold ? How much of your gold is fake and/or hollowed out and filled with tungsten ?

    In the case of this item, I melted the gold, rolled it out, and struck the piece myself. So I know it is good gold.

    .

  • RedneckHBRedneckHB Posts: 19,677 ✭✭✭✭✭
    edited April 22, 2025 2:17PM

    @blitzdude said:
    You would of more than doubled had you just bought the real deal. RGDS!

    10 years ago GLD was 115. Today is 315 but one would have had to endure a 0.40% annual fee. Lol.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • D808LFD808LF Posts: 536 ✭✭✭✭✭

    @blitzdude said:
    You would of more than doubled had you just bought the real deal. RGDS!

    By real deal you mean a 1915-S $50 Pan Pac Octagon(?) In MS66 (highest graded), it would set me back $275,000 if bought in 2015. Today that same coin and grade is valued at $275,000. Ten years, no gain. I'll stick with DC's 'slug'. ;)

    fka renman95, Sep 2005, 7,000 posts

  • GoldFinger1969GoldFinger1969 Posts: 2,496 ✭✭✭✭✭

    I'm surprised the premium has been maintained.

  • blitzdudeblitzdude Posts: 6,554 ✭✭✭✭✭

    @RedneckHB said:

    @blitzdude said:
    You would of more than doubled had you just bought the real deal. RGDS!

    10 years ago GLD was 115. Today is 315 but one would have had to endure a 0.40% annual fee. Lol.

    My point exactly. RGDS!

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™
    Wooooha! Did someone just say it's officially "TACO™" Tuesday????

  • blitzdudeblitzdude Posts: 6,554 ✭✭✭✭✭

    @D808LF said:

    @blitzdude said:
    You would of more than doubled had you just bought the real deal. RGDS!

    By real deal you mean a 1915-S $50 Pan Pac Octagon(?) In MS66 (highest graded), it would set me back $275,000 if bought in 2015. Today that same coin and grade is valued at $275,000. Ten years, no gain. I'll stick with DC's 'slug'. ;)

    I meant like 2.5ozt of real gold coins..... common double eagles, AGEs, Krugs, Maples etc. I'm not knocking you at all, while fantasy tokens are not my cup of tea all that matters is that you like it. If it were mine it would have been on the way to the smelter by now.

    10 years ago we were buying gold eagles from APMEX on ebay at right over $1200 (with bonus ebay bucks). Anyone remember those? Well more than a double, that's all I was saying. RGDS!

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™
    Wooooha! Did someone just say it's officially "TACO™" Tuesday????

  • dcarrdcarr Posts: 9,103 ✭✭✭✭✭
    edited April 23, 2025 7:31AM

    @blitzdude said:
    If it were mine it would have been on the way to the smelter by now.

    .

    How much money have you thrown away over the years by sending rare gold coins/tokens/medals to the smelter ?

    .

  • D808LFD808LF Posts: 536 ✭✭✭✭✭

    @blitzdude said:

    @D808LF said:

    @blitzdude said:
    You would of more than doubled had you just bought the real deal. RGDS!

    By real deal you mean a 1915-S $50 Pan Pac Octagon(?) In MS66 (highest graded), it would set me back $275,000 if bought in 2015. Today that same coin and grade is valued at $275,000. Ten years, no gain. I'll stick with DC's 'slug'. ;)

    I meant like 2.5ozt of real gold coins..... common double eagles, AGEs, Krugs, Maples etc. I'm not knocking you at all, while fantasy tokens are not my cup of tea all that matters is that you like it. If it were mine it would have been on the way to the smelter by now.

    10 years ago we were buying gold eagles from APMEX on ebay at right over $1200 (with bonus ebay bucks). Anyone remember those? Well more than a double, that's all I was saying. RGDS!

    I remember the 'bucks, they were a great incentive.

    DC's fantasies aren't my only rodeo, I bought an array of U.S. gold 10 years ago too. All my common dates have doubled as well and then some, however, my MCMVII HR I bought in 2015 has only inched up a few thousand bucks, then again, it's one of the most expensive 'common' gold coins out there.

    Btw, my av is a pairing of my HR and DC's '1906' double eagle concept from ASG's renderings.

    fka renman95, Sep 2005, 7,000 posts

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