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Gold for under 750 an ounce

It is hard to find, but I just bought a 1986 5 dollar gold commem, buy it now, with the microsoft cashback for $726 dollars an ounce (250 bucks, minus 75 cash back/.241 ounce for the five dollar commem), and I will have an ounce of silver and I assume a clad half to either sell or stack also in the cost. You have to keep looking, but the 5 and 10 dollar commems can be had for under 800 an ounce, and every once in a while a good deal like this will show up on there. A lot of sellers are selling BIN higher, anticipating the Cash Back deal, so just keep looking.

Anyway, just thought I would share, I have taken advantage of the Maple Leaf deal at teletradedirect and the ASE roll Cash back ideas posted here in the last few days.

Good luck!
imageQuid pro quo. Yes or no?

Comments

  • MetalsmanMetalsman Posts: 2,064 ✭✭✭
    Good call. I have been buying modern $5 Gold Comm's for a few weeks now at my local B&M. Due to the shortage of any Gold Eagles even frational I started buying up what I could get here. They are actually a very good buy right now on the "Bay" even without the MSN. I think beacause the are Comm's and not AGE's they slip under the radar often. I saw a few at about $215/225 recently.


  • << <i>I have taken advantage of the Maple Leaf deal at teletradedirect and the ASE roll Cash back ideas posted here in the last few days.

    Good luck! >>



    thanks for the heads up... found the thread.
  • Many of us were buying the commem sets at under spot a few years ago.

    I've got stacks and stacks and stacks of them and that was when you could grab them for around $115 to $125 a pop.

    Glad to hear they are still a good deal.

    The Bay used to be flooded with them, but when the pickings got slim, I moved on. Took too much time.
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
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