Gold commemorative coins?

coolest · September 9, 2011 6:31AM

What is going on with the gold commems? It seems the higher the price of gold the lower the price of gold commemorative coins? Has anyone been tracking the value of gold commems over the last 5-8 years, are they really going down or have they just been flat so long that it seems like they are going down?

pf70collector · September 9, 2011 6:41AM

I still think they are going just a little over melt for the past few years which will soon be approaching about $500 per modern commem. I think the common ones have no premium at all over melt.

OnlyGoldIsMoney · September 9, 2011 6:49AM

Common $5 gold modern commemoratives are priced as bullion. Expect to pay a 2 to 4 percent premium over melt.

BillJones · September 9, 2011 6:50AM

Most modern commemorative coins are worth their melt value, and that 's about it. In fact more than a few of them were going to the melting pot before before the price of gold bullion got so hign.

As for the "old" commemorative gold pieces (1903 - 1926), the gold content of those pieces has little to do with their collector value.

coolest · September 9, 2011 6:55AM

<< <i>Common $5 gold modern commemoratives are priced as bullion. Expect to pay a 2 to 4 percent premium over melt. >>

If I am buying at 2-4% over melt, I am afraid to ask what dealers are paying.

Gold commemorative coins?

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