Can you beat this cost basis for generic gold coins??
Lakesammman
Posts: 17,498 ✭✭✭✭✭
Talked with a coin weenie friend at the golf course the other day. Said he was selling some generic gold coins.
Asked what his average cost was - said he bought them early in the 1970's, average cost basis about $38 bucks!
No wonder I'm still doing piece work and he's retired.
Asked what his average cost was - said he bought them early in the 1970's, average cost basis about $38 bucks!
No wonder I'm still doing piece work and he's retired.
"My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
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Of course, about 3 years later gold skyrocketed to over $800 an ounce.
Placed in the right stocks he might be even better off, but that may also have been a crapshoot