Score!

kimber45ACP

I bought both of my kids the clad state quarter proof sets every year until they had all of them. Then I got to thinking that they were clad and had no real value in the future as an investment. I told them I was going to sell them on ebay and buy gold for them to replace the clad quarter sets. I got
$300 for each set. With this money I was able to buy them each a 1/4 gold Buffalo straight from the mint. I told them this weekend that the 1/4 ounce Buffalo was selling for 2k on ebay and asked them if they wanted me to sell the 1/4 ouncers and buy more gold for them or keep the 1/4 ouncer. They both said sell and buy more gold. One sold yesterday for 2k and the other is still up for sale. Both happened to grade PCGS MS70.

So they went from $300 worth of clad to 2k worth of gold.

Marauderrt10

<< <i>I bought both of my kids the clad state quarter proof sets every year until they had all of them. Then I got to thinking that they were clad and had no real value in the future as an investment. I told them I was going to sell them on ebay and buy gold for them to replace the clad quarter sets. I got
$300 for each set. With this money I was able to buy them each a 1/4 gold Buffalo straight from the mint. I told them this weekend that the 1/4 ounce Buffalo was selling for 2k on ebay and asked them if they wanted me to sell the 1/4 ouncers and buy more gold for them or keep the 1/4 ouncer. They both said sell and buy more gold. One sold yesterday for 2k and the other is still up for sale. Both happened to grade PCGS MS70.

So they went from $300 worth of clad to 2k worth of gold. >>

good score. I love stories like this.

partagas

Wow very lucky and congrats. Hopefully you can repeat this many times over.

They will need all the help they can get given our last few generations of reckless spending and fiscal foolishness.

ambro51

what happens in 2 years when the gold buffs are still on a roll and bringing 4K?


dont say it cant happen becuase who thought they would get to 2K?

Im keeping mine.

kimber45ACP

<< <i>what happens in 2 years when the gold buffs are still on a roll and bringing 4K? >>



I asked them that very question and let them make the call.
They will learn from their answers and hopefully this will bring wisdom to them on future decisions.

ambro51

yeah you know I dont try to predict the future but those fracs are pretty much "one of a kind" and its not likely that the US Mint is going to gear up and do more (of couse that CAN happen).

You gotta watch these "special" coins that we have taken for granted that the mint has struck. the fractional buffs, the UHR......they are here in front of us at this moment, but hey, in the future....when the supply has been absorbed into long term collections..................................................................................

rld14

If I had $2k to spend on Gold as an investment I would be buying myself something very old.... not more AGEs.

kimber45ACP

It won't be AGE's. More than likely they will want 24k bullion. They aren't into numismatic value.......yet

johnny9434

one never knows.......

TennesseeDave

Glad you did not buy 2007-W SAE's.They're not worth the issue price.

abitofthisabitofthat

At this rate, if they keep buying and flipping on the 'bay, they will be rivalling Donald Trump soon.

tjkillian

Very cool, congratulations! Now, take the money and buy some real coins, read: 19th century half eagles. They can be on their way to a fortune in GOLD!

RedneckHB

Now trade that 2k into 1.8 ounces of gold.

I still find it hard to believe people pay 700% premiums. Good job.

hiijacker

<< <i>Glad you did not buy 2007-W SAE's.They're not worth the issue price. >>



What was the issue price?

What are these worth?

TennesseeDave

<< <i>

<< <i>Glad you did not buy 2007-W SAE's.They're not worth the issue price. >>



What was the issue price? $21.95

What are these worth? $18.00

jessewvu

Cool story!

I got my son some coins from 2008, his birth year. I hope he likes them in a few years.