Is anyone stocking up on UHRs?? How will they do in the long run??
Raufus
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Now that the limit is lifted to 10 is anyone stocking up on UHRs thinking that they will do well in the long run?
For that matter, how do you think that they will do in the long run?
For that matter, how do you think that they will do in the long run?
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sales are soaring even at 10. check out the "mint stats" thread.
<< <i>limit 25 tomorrow
sales are soaring even at 10. check out the "mint stats" thread. >>
So, how many have been sold?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>Interest keeps growing in the Ultra High Relief Saint-Gaudens gold $20 with sales up 2,259 to 82,959. That’s a bit off the mark set the previous week as sales climbed toward 3,000. >>
<< <i>My prediction is these will be selling for bullion value in a year or two. >>
Agree. An investor may be bailed out if there is a major run-up in gold prices.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
The small premium will be a result of the attractive design.
<< <i>
<< <i>My prediction is these will be selling for bullion value in a year or two. >>
Agree. An investor may be bailed out if there is a major run-up in gold prices. >>
Me too.
Can't see what the rush is to buy these especially at the USM price. I am hesitant to pay big premiums on modern gold.
I try to move this material quickly - at CDN Bid + $20 a trade (a trade can be 1 or more pieces); consequently I will not pay that much for it. I usually just offer melt or a $20 commission back of CDN. I don't care about slab grades on these as 69-70 is how they come from the mint for the most part anyway.
Heritage recently sent me a flyer they had CAC MS65 Saints at $2000. I would rather buy those.
UHRs
The price of gold is set by faith, or lack of, in the currency it is priced in.
Same here.
<< <i>I don't care what they do. I only bought one coin that I am going to keep because I really like it. >>
Me, too. I figure by the time it's sold, the price of gold will have caught up with the original issue price, anyway.
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<< <i>I don't care what they do. I only bought one coin that I am going to keep because I really like it. >>
Same with me. I kept mine in the OGP which I really like.
<< <i><< I don't care what they do. I only bought one coin that I am going to keep because I really like it. >>
Same here.
Me, too!
President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay
PL designation, gold sure to go over 1k in a few years, overseas buyers liking this coin (someone else mentioned this an i agree)
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<< <i>This seller seems to think there's a future in them:
UHRs >>
I have seen that seller involved in the promotion du jour on more than one occasion.
<< <i>
<< <i><< I don't care what they do. I only bought one coin that I am going to keep because I really like it. >>
Same here.
Me, too! >>
Ditto. The UHR is the most attractive coin design and, with a full ounce of gold, there is some potential for profit when hyper-inflation hits as a result of the massive deficit spending.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>
<< <i>This seller seems to think there's a future in them:
UHRs >>
I have seen that seller involved in the promotion du jour on more than one occasion. >>
Yes I bet he does! A hefty future profit (he was buying them at $1350?) with retail at about 2x melt I am sure. I saw the pic of him in CW where he has been buying them like crazy. Perhaps he will catch one of the big fish in his high rent district. Will we be going to the gold standard soon? Maybe he knows something a lot of us don't. Anyhow, while I am risk averse on buying a lot of these, I do admire his optimism. Refreshing, but reminds me of the 1950-D 5c Roll craze in 1964.