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US Mint Halts Sales of Gold Coins

pmcollectourpmcollectour Posts: 1,211 ✭
in Precious Metals
On CNBC right now. Wow.

Comments

  • DrBusterDrBuster Posts: 5,378 ✭✭✭✭✭
    Repricing day anyway, I'm sure they're resume soon enough.
  • OPAOPA Posts: 17,119 ✭✭✭✭✭
    Only partially correct...the $5 Army & MOH are still available at the current price....but for how long?
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • DrBusterDrBuster Posts: 5,378 ✭✭✭✭✭
    I admit I was tempted to get a proof AGE or 2 yesterday on the cheap before they halted.
  • pf70collectorpf70collector Posts: 6,641 ✭✭✭
    Collector Bullion is now up again on the mint web site.
    Montana State Quarter Die Clash

    Box of 20
  • MilesWaitsMilesWaits Posts: 5,349 ✭✭✭✭✭
    You can still buy the "gold" presidental dollars at spot!! Direct ship!

    Seriously, I am glad I got an AGE before the price jump and a few Army's. As I go into battle.....

    Miles
    Now riding the swell in PM's and surf.
  • MsMorrisineMsMorrisine Posts: 33,019 ✭✭✭✭✭
    first spouse has priced into the 1700 - 1749.99 range.

    they are back on sale.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • OPAOPA Posts: 17,119 ✭✭✭✭✭


    << <i>first spouse has priced into the 1700 - 1749.99 range.

    they are back on sale. >>



    Which means, if Gold continues it's climb, another repricing is in store next Wednesday.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • MsMorrisineMsMorrisine Posts: 33,019 ✭✭✭✭✭
    $5 gold commemoratives::


    90% * 8.359 grams = 0.241873282 troy ounces


    * 1775 = 429.33
    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • MsMorrisineMsMorrisine Posts: 33,019 ✭✭✭✭✭
    Right now:

    Army & MoH Commems in MS = $444.95
    Army & MoH Commems in Proof = $454.95



    $444.95 / 0.241873282 = $1839.60

    $454.95 / 0.241873282 = $1880.94



    we are close to melt on the MS ones.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • MsMorrisineMsMorrisine Posts: 33,019 ✭✭✭✭✭
    how easy would it be to resell these for melt if the time comes?

    It's not like they are stamped with the gold content.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • derrybderryb Posts: 36,793 ✭✭✭✭✭
    gold content is standard and consistent with US Mint $5 gold comms. Accompanying COAs contain details.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    Yep...exact same gold content as the old school half eagle $5 liberty.
  • pf70collectorpf70collector Posts: 6,641 ✭✭✭
    The U.S. Mint really wants to get rid of these Gold MOH commems. My MS was ordered on the 9th and its ready to be shipped.
    Montana State Quarter Die Clash

    Box of 20
  • derrybderryb Posts: 36,793 ✭✭✭✭✭


    << <i>The U.S. Mint really wants to get rid of these Gold MOH commems. My MS was ordered on the 9th and its ready to be shipped. >>


    Snooze ya lose; remaining gold comms unavailable at US mint while they are being repriced.

    Got my order in yesterday at lower price thanks to OPA's reminder.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • ibzman350ibzman350 Posts: 5,315 ✭
    Order #: x8x1x0x0 - 1 Order date: 8/09/11

    Sold To: ibzman350


    Ship To: HERB

    Order Process Date: 8/09/11

    Merchandise : 444.95
    Freight . . . : 4.95
    Total . . : 449.90


    1. 2011 ARMY $5 GOLD UNC (ARM2)
    Qty 1 @ $444.95 - In stock


    mine arrived 2 days ago.

    thanks guys for the heads up



    Herb



    Herb
    Remember it's not how you pick your nose that matters, it's where you put the boogers.
    imageimageimage
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