Home U.S. Coin Forum
Options

Holy crap. The mint actually produced smoething I wanted.

WeissWeiss Posts: 9,942 ✭✭✭✭✭
I decided about a month ago that I needed to add a little more physical gold to my assets.

My ideal vehicle was:

Modest investment
Moderate premium
Easy liquidity (and all that implies: strong recogniton, good market demand, trust, etc.)
Fractional flexibility
Coin vs. bar
Numismatic vs. generic

The 2006 4-coin Unc gold eagle set fit the bill, AND had strong bonus upside potential.

The mint actually came through? Who knew!? image
We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
--Severian the Lame

Comments

  • Options
    ziggy29ziggy29 Posts: 18,669 ✭✭✭
    I've recently thought many of the same thoughts. I, too, wanted to physically own more gold (not just mining stocks and GLD), and wanted something cool and more numismatic.

    I've went a different way, though, choosing Proof Gold Britannia sets -- much like the US four coin sets, 1.85 ounces in 1, 1/2, 1/4 and 1/10 ounce sizes. In the aftermarket they possess a reasonable premium (and the 1987 set can often be found for less than $100 over melt and most others no more than $300 over melt) and many of the sets have mintages of 500 or less. In the recent Heritage NYINC sale I bought the '87 set for about $50 over melt (about $1200 including juice). The '87 set is cheaper because it's by far the most common of them, with a "whopping" 10,000 sets made.

    Just don't buy 'em directly from the BRM. That's a losing bet, and one of the reasons mintages are so low.

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file