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Pros & Cons 2010 AGE Proof Coins
HIGHLOWLEAVES
Posts: 781 ✭✭✭
Who is planning on buying these coins on 10/7/10 from the USM; what denomination are planning to buy and why? If you aren't a buyer of the 2010 AGE Proofs, why? Comments Please...
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Pros and Cons?
Collect what you collect and these won't be easy flips at all.
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Please explain your reasoning behind this statement.
GrandAm
<< <i>Please explain your reasoning behind this statement. >>
Not to steal MsMorrisine's reply but.....I agree these will not be a strong buy for flippers. The mintages are not low and the current gold price puts a 4-pc set at $2,938.
Now if gold takes off and hits $1500 next year, these might have looked like a decent buy in retrospect. At this time though, they're hardly a flippers delight.
It's anyone's guess how they will do in the aftermarket, I think. I have seen numerous pre-sales for these and if the mint puts a limit on them then these dealers may have to pay up to fill orders. Or maybe not. All I know is that my set will always have a hole where the 2009 should go.
Larry
Dabigkahuna
Would buy a 4 piece set if the money was there but not this year.So I intend to buy a half and a quarter ounce when they go on sale.Maybe even a tenth ounce if I can.Then look to the after market next year for the ounce.
Why??? because they are gold and I dont have any proof GAE s.I dont see a huge downside to buying these,or a huge upside for that matter.JMHO