Gold at 4x Face Value!!

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ilmcoins
ilmcoins Posts: 525 ✭✭✭✭

Well at least it was a while back. It is always fun to find coins in flips with the original prices on them!

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  • d9lowe
    d9lowe Posts: 312 ✭✭✭✭
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    How long ago was that bought?

  • CharlotteDude
    CharlotteDude Posts: 3,320 ✭✭✭✭✭
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    Wow... how long have they been sitting in those old holders?

    Got Crust....y gold?
  • TurtleCat
    TurtleCat Posts: 4,692 ✭✭✭✭✭
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    Surprising that they haven’t been slabbed yet.

  • skier07
    skier07 Posts: 4,836 ✭✭✭✭✭
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    I remember when I was growing up in the 70’s and you could buy a Saint for $40.

  • philographer
    philographer Posts: 1,383 ✭✭✭✭✭
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    I like those square windowed holders BTW!

    He who knows he has enough is rich.

  • philographer
    philographer Posts: 1,383 ✭✭✭✭✭
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    @ilmcoins said:
    Well at least it was a while back. It is always fun to find coins in flips with the original prices on them!

    Show us the coin underneath!

    He who knows he has enough is rich.

  • PerryHall
    PerryHall Posts: 47,759 ✭✭✭✭✭
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    @skier07 said:
    I remember when I was growing up in the 70’s and you could buy a Saint for $40.

    I bought my first Saint in 1965 for $47. I never saw any Saints in the 1970's for less than $50.

    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

  • Jimnight
    Jimnight Posts: 10,846 ✭✭✭✭✭
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    Nice!... I like the looks.

  • Onastone
    Onastone Posts: 4,419 ✭✭✭✭✭
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    There was a time that gold was worth face value. Hard to imagine.

  • ilmcoins
    ilmcoins Posts: 525 ✭✭✭✭
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    @CharlotteDude said:
    Wow... how long have they been sitting in those old holders?

    These were in the mix too... they were $75 at the time so less than 4x FV!!

  • skier07
    skier07 Posts: 4,836 ✭✭✭✭✭
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    @PerryHall said:

    @skier07 said:
    I remember when I was growing up in the 70’s and you could buy a Saint for $40.

    I bought my first Saint in 1965 for $47. I never saw any Saints in the 1970's for less than $50.

    Late 60’s early 70’s had a friend whose father was a coin collector and I remember him buying Saints for $40 at the coin section inside the A&S at the mall.

  • Kliao
    Kliao Posts: 5,802 ✭✭✭✭✭
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    @airplanenut said:
    Wanna double your money?

    I can triple it :p

    Collector
    Over 100 Positive BST transactions buying and selling with 57 members and counting!
    instagram.com/klnumismatics

  • roadrunner
    roadrunner Posts: 28,374 ✭✭✭✭✭
    edited July 29, 2020 7:27PM
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    I picked up a bunch of choice BU - solid date silver dollar rolls about 13 yrs ago from someone who put them away in the 1970's. $3.00-$3.75 or so per coin. And even as recent as 2003 you could buy silver 90% BU rolls for just over $4/oz.

    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • jt88
    jt88 Posts: 3,565 ✭✭✭✭✭
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    Buy gold now then 20 or 30 years later it looks just like that.

  • logger7
    logger7 Posts: 9,868 ✭✭✭✭✭
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    And if you go to the wrong gold and silver buyers you will be shocked at some of the lowball offers. I was talking to a dealer who was upset over a dealer paying only a few bucks for Morgans even in this market and there are few legal remedies to warn others or make unscrupulous buyers accountable.

  • ricko
    ricko Posts: 98,724 ✭✭✭✭✭
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    Ah yes... The 'good old days'....Some of us stacked some gold and silver at those prices... honestly not imagining, at that time, the prices we see today... Certainly keeps me smiling.... ;) Cheers, RickO

  • johnny9434
    johnny9434 Posts: 34,108 ✭✭✭✭✭
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    I like the patina on the reverse on the staple......

  • topstuf
    topstuf Posts: 14,803 ✭✭✭✭✭
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    @philographer said:
    I like those square windowed holders BTW!

    Not me. They leaked. Round ones get tight on the coin.

  • Walkerguy21D
    Walkerguy21D Posts: 12,165 ✭✭✭✭✭
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    Very cool!
    I recall purchasing the estate from a long retired part time dealer about 18 years ago. I marveled at the $1.85 price written on the 2x2 holder of a gem somewhat better date Morgan dollar. He said yep that used to be the going rate for nice uncs. All the others were face value.

    Successful BST transactions with 177 members. breakdown, scotty1419, mattniss, bigjpst, onlyroosies, Manorcourtman, guitarwes, Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug
  • philographer
    philographer Posts: 1,383 ✭✭✭✭✭
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    How to Invest in Gold Coins, 1970:

    He who knows he has enough is rich.

  • ilmcoins
    ilmcoins Posts: 525 ✭✭✭✭
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    @philographer said:
    How to Invest in Gold Coins, 1970:

    I hope you followed this model! Haha

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