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"Gold In Card" - Anyone heard of these?

StubbyMcNumbthumbsStubbyMcNumbthumbs Posts: 1,259 ✭
in Precious Metals
I got this from a dealer (I think) back in the early 80's, and tucked it away, only to be found again. Does anyone remember seeing these ... recently (or ever)?

Any info on them?

It's about the size of a credit card.

Interesting.

image
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Comments

  • tydyetydye Posts: 3,894 ✭✭✭
    Cool - I have not seen them before. Collect another 479 and you will have an oz

    With gold at $1718 that little grain of gold is worth $3.60
  • Kd5ddoKd5ddo Posts: 208 ✭
    $3.27 at the 90 redemption rate and $2.77 for the $0.50 postage fee. image

    Its a pretty cool gold card. Def haven't seen one of those before. It could make for nifty christmas presents for the little ones...
    Remember that the market can stay irrational longer than you can stay solvent.

    BSTs with: Coll3ctor, gsa1fan, mkman123, ajbauman, tydye, piecesofme, pursuitofliberty

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  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Have not seen that before... have seen small gold pieces embedded in plastic card for metal detectorists to calibrate their machines.. Cheers, RickO
  • PerryHallPerryHall Posts: 46,111 ✭✭✭✭✭
    At the risk of stating the obvious, it's a neat novelty item but it's not for the serious gold investor.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    Those or something similar will have to circulate in the future to make change when folks are buying loaves of bread and bottles of milk with kruggerands and AGEs image

    Liberty: Parent of Science & Industry

  • gecko109gecko109 Posts: 8,231 ✭


    << <i>Those or something similar will have to circulate in the future to make change when folks are buying loaves of bread and bottles of milk with kruggerands and AGEs image >>






    Humans have been using gold to conduct physical transactions.....on a regular basis...... for 4,920 of the past 5,000 years. Why do you find it so difficult to imagine we may return to that system in the future if our current system fails?
  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    humans also used to, until relatively recently, live in houses without water or electricity, rode on horses or in horse drawn carts, and communicated via hand written and hand delivered letters.

    a better question might be, what makes YOU think humans will move backwards instead of forwards?

    I predict gold will not generally circulate as currency in our lifetimes (or after, or ever again, for that matter) and you predict it will.

    So far, I'm right. I'm sure you'll let me know if you ever are. I'll be waiting in my mud hut for you to ride up on your horse with a letter to that effect that you wrote to me with a quill pen by candlelight image

    Liberty: Parent of Science & Industry

  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭
    I've never seen one, but that's "cool" !!!
    Timbuk3
  • gecko109gecko109 Posts: 8,231 ✭


    << <i>humans also used to, until relatively recently, live in houses without water or electricity, rode on horses or in horse drawn carts, and communicated via hand written and hand delivered letters.

    a better question might be, what makes YOU think humans will move backwards instead of forwards?

    I predict gold will not generally circulate as currency in our lifetimes (or after, or ever again, for that matter) and you predict it will.

    So far, I'm right. I'm sure you'll let me know if you ever are. I'll be waiting in my mud hut for you to ride up on your horse with a letter to that effect that you wrote to me with a quill pen by candlelight image >>






    Terrible analogy as running water, electricity, and motorized vehicles are all improvements over previous systems. The fiat, unbacked currency that we have know known for just a few decades is failing and is not an improvement over the past system. It is so far a 40+ year experiment that has led this world's economy into a slimy mess of defaults. Well, I should say they would have been defaults had it not been for even more UNBACKED fiat being pumped into the system. Fiaqt has proven just one thing so far imo.....that you can simply spend, spend, spend with seemingly no restraint. Do you really believe that is the way of the future? Continued compounding debt levels, bailouts, and then more increased debt?
  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    Do you really believe that is the way of the future? Continued compounding debt levels, bailouts, and then more increased debt?

    yes.

    not saying it's right, not saying i like it. just don't expect it to change anytime soon (such as the 50 or so years i have left)

    edited to add: but to unhijack the OP, the card is neat, I'd pay 1/480th of spot for it. Heck, I'll offer 1/400th even. And I'll pick up the 50c postage and handling

    Heritage Gold

    Liberty: Parent of Science & Industry

  • StubbyMcNumbthumbsStubbyMcNumbthumbs Posts: 1,259 ✭
    I think the company went out of business a long time ago.

    I can't remember where I got the card, but I think it was a promotional gift or a freebie from a coin dealer or something back in the early 80's.

    Haven't seen another one since.

    Was just wondering if anyone else knew anything about them.

    Thanks everyone!
  • fishteethfishteeth Posts: 2,245 ✭✭✭✭✭
    I have a few of these. the town of theinsville is about 15 minutes from where I live. I see these around here a bit, so i guess a lot must have been sold locally. I know one guy who has at least 50 of them

  • 1970SilverArt1970SilverArt Posts: 482 ✭
    I bought a "Gold Card" last year at a coin show that I went to. It is exactly like the one posted in the OP. I paid $5 for it at that time. It is just a collector's item and I still have it. I like looking at it every once in a while.
    DISCLAIMER: I am NOT a '70's silver art bar expert but I try my best to play one on the Internet.
  • secondrepublicsecondrepublic Posts: 2,619 ✭✭✭


    << <i> So far, I'm right. I'm sure you'll let me know if you ever are. I'll be waiting in my mud hut for you to ride up on your horse with a letter to that effect that you wrote to me with a quill pen by candlelight image >>



    LOL... definitely post of the day. image
    "Men who had never shown any ability to make or increase fortunes for themselves abounded in brilliant plans for creating and increasing wealth for the country at large." Fiat Money Inflation in France, Andrew Dickson White (1912)
  • GBurger717GBurger717 Posts: 575
    I got the same exact thing. My grand pop gave it to me as a kid. Its not worth much but its something to rember him by
  • TWQGTWQG Posts: 3,145 ✭✭
    I have one like that from Calico ghost town in California.
    I imagine there are many different types around that were used as promotions.
    My eBay store
  • AgBloxAgBlox Posts: 744 ✭✭
    I picked up 30 or so of these a year or so ago for $5 each. sold them for $30+ each.
  • OverdateOverdate Posts: 7,007 ✭✭✭✭✭
    << It is so far a 40+ year experiment that has led this world's economy into a slimy mess of defaults. >>

    There is absolutely no excuse for a default as long as one more "0" can be squeezed onto a money-sized piece of paper. image

    << Well, I should say they would have been defaults had it not been for even more UNBACKED fiat being pumped into the system. >>

    Of course our paper money is backed, just turn it over and see! image

    My Adolph A. Weinman signature :)

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