Is anyone here really buying $42 half dollars or $5300 gold ounce ?
JimTyler
Posts: 4,004 ✭✭✭✭✭
I wouldn’t touch it with a 10 foot poll.
3
JimTyler
Posts: 4,004 ✭✭✭✭✭
Comments
No, I've been selling. Haven't bought gold since it crossed 3k a year ago.
Heck to the no!
The only people that aren’t buying (at the levels) are collectors. A new generation will come in and start buying it. The world progresses….
If a person wanted to buy now, there are a number of items where the premium has evaporated, e.g., proof ASEs. Buying items like this would give downside protection; but, this still looks like an up market to me.
There is ONE Saudi sovereign
( 0.2354 ) oz AGW that I would grab at the current price point.
On the silver front...
Brokered a trade and added 2 British Silver Britannias for a 40 mile round trip.
A 2023 Queen and a 2023 King.
Figured I did ok.
Selling gutter still adding gold. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
This post is so outdated. Gold is over $5500 now.
I'm still in the market for uncirculated rolls of walkers and common solid date rolls of Morgan's. That kind of stuff is being shook loose and showing up at coin shops.
No 👎
Even Scrooge McDuck is selling.
I would pony up for a specific double eagle I am seeking for my set. I would probably buy a non-Colombian exposition commem for spot if I collected that series. I would probably sell something to supplement the purchase of the gold though.
P.S. that 1850 double eagle of yours is close to what I am looking for , right date just wrong holder and grade (Sorry I'm picky!!)
It's all about what the people want...
No. I was working on a set of French 20-franc gold coins, but no purchases for several months now. I’m priced out.
No purchases, except for numismatic items valued more by scarcity rather than metal content, since 2018. I did purchase a $20 St. Gaudens in March 2024 for my 27 Centuries Set for $3,500 - now I am glad I did.
Presently I am selling silver and standing pat on accumulated gold.
https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
March of Time - 27 Centuries in Gold
https://coins.www.collectors-society.com/WCM/CoinCustomSetView.aspx?s=36590
Very good move IMO. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
This post is now outdated. Lol
All comments reflect the opinion of the author, even when irrefutably accurate.
how out dated is it now?
if you're paying those prices you're getting ripped off
how out dated is it now?
if you're paying those prices you're getting ripped off
His post was made 3 days ago when gold was $700 higher.
I knew it would happen.