Wanting help with Gold Coins
Ahmanfan
Posts: 4,419 ✭✭✭✭
Hi All
I'm wandering over from the sports board. I am wanting to diversify my portfolio by buying a gold coin or 2. I would just buy a bar, but what's the fun in that?
I really need help figuring out gold coins. I know there is the 5 dollar and 10 dollar U.S. gold coins. If I'm buying mostly for the gold content, will I get a coin that is closer to spot value if I buy a foreign coin instead? I'm wanting something minted in the at least pre 1900- because that'll make it more interesting. I like the idea of my gold investment having numismatic value as well as the gold value.
Also are the $5 and $10 liberty head gold coins close to pure, or what % are they? I'm having trouble finding good information on that. Also, does anyone have anything they want to sell? I don't want a high grade coin, just something that looks nice and is not way above the gold content value, but has some collectible value also. Not too much to ask, right? :-)
John
I'm wandering over from the sports board. I am wanting to diversify my portfolio by buying a gold coin or 2. I would just buy a bar, but what's the fun in that?
I really need help figuring out gold coins. I know there is the 5 dollar and 10 dollar U.S. gold coins. If I'm buying mostly for the gold content, will I get a coin that is closer to spot value if I buy a foreign coin instead? I'm wanting something minted in the at least pre 1900- because that'll make it more interesting. I like the idea of my gold investment having numismatic value as well as the gold value.
Also are the $5 and $10 liberty head gold coins close to pure, or what % are they? I'm having trouble finding good information on that. Also, does anyone have anything they want to sell? I don't want a high grade coin, just something that looks nice and is not way above the gold content value, but has some collectible value also. Not too much to ask, right? :-)
John
Collecting
HOF SIGNED FOOTBALL RCS
HOF SIGNED FOOTBALL RCS
0
Comments
Tom
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French 20 Franc Gold Rooster
British Full Sovereigns
Swiss 20 Francs Helvetias
Check out this link for more European gold.
These are contradictory goals.
Different gold coins have different premiums, and you can't have a coin with numismatic value if you want to buy near spot.
Other than that, any of the suggestions already given are good.
I knew it would happen.
<< <i> If I'm buying mostly for the gold content, will I get a coin that is closer to spot value if I buy a foreign coin instead? I'm wanting something minted in the at least pre 1900- because that'll make it more interesting. I like the idea of my gold investment having numismatic value as well as the gold value.
Different gold coins have different premiums, and you can't have a coin with numismatic value if you want to buy near spot.
>>
So you would not get numismatic value when buying a pre-1900 Gold Sovereign. They can be had for a lower premium and often times near spot price if you have patience. Ive bought many a Sovereigns and European gold for near spot especially if you take into account cash back and rebates used on Ebay
You CAN have a coin with numismatic value and buy it near spot. It happens all the time
<< <i>
<< <i> If I'm buying mostly for the gold content, will I get a coin that is closer to spot value if I buy a foreign coin instead? I'm wanting something minted in the at least pre 1900- because that'll make it more interesting. I like the idea of my gold investment having numismatic value as well as the gold value.
Different gold coins have different premiums, and you can't have a coin with numismatic value if you want to buy near spot.
>>
So you would not get numismatic value when buying a pre-1900 Gold Sovereign. They can be had for a lower premium and often times near spot price if you have patience. Ive bought many a Sovereigns and European gold for near spot especially if you take into account cash back and rebates used on Ebay
You CAN have a coin with numismatic value and buy it near spot. It happens all the time >>
fantastic.... teach me your ways..
What do I need to look for in terms of counterfeit coins? In cards we would be looking for telltale signs of counterfeits if not buying slabbed cards. What are those signs on vintage gold coins that you would buy on eBay? I'm such a rookie I need major help.
thanks for the replies so far.
John
HOF SIGNED FOOTBALL RCS