Anyone returning their 2021gold proofs now that gold is currently tanking?

Comments

• ricko Posts: 98,724 ✭✭✭✭✭

  August 9, 2021 8:27AM

  I cannot understand why anyone would do that....A four percent dip is nothing.... It will be back. Cheers, RickO

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• jmlanzaf Posts: 35,345 ✭✭✭✭✭

  August 9, 2021 8:32AM

  @ricko said:
  I cannot understand why anyone would do that....A four percent dip is nothing.... It will be back. Cheers, RickO

  I don't know why anyone would have bought them as bullion with the premium that had to be paid.

  9
• WQuarterFreddie Posts: 2,914 ✭✭✭✭✭

  August 9, 2021 8:35AM

  I doubt it. I would think most people bought them for the numismatic value not the gold melt value😎

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• coinpalice Posts: 2,453 ✭✭✭✭✭

  August 9, 2021 8:41AM

  i don't even look at paper gold price anymore, it's manipulated just about every day

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• cagcrisp Posts: 1,057 ✭✭✭✭✭

  August 9, 2021 8:43AM

  IF you return, you're not going to get another in most cases. History shows that items are returned ONLY if you are assured another purchase. You have little chance of scoring another Gold Type 2 coin.

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• WAYNEAS Posts: 6,895 ✭✭✭✭✭

  August 9, 2021 9:07AM

  Gold is surely going to go back up over $1,800.
  Wayne

  Kennedys are my quest...

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• OPA Posts: 17,131 ✭✭✭✭✭

  August 9, 2021 9:09AM

  @ricko said:
  I cannot understand why anyone would do that....A four percent dip is nothing.... It will be back. Cheers, RickO

  How about a 15% drop in one year?

  Bid/Ask 1726.60 / 1728.10
  Low/High 1725.40 / 1753.60
  Change -36.50 -2.07%
  30daychg -81.30 -4.50%
  1yearchg -308.20 -15.15%

  "Bongo drive 1984 Lincoln that looks like old coin dug from ground."

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• ricko Posts: 98,724 ✭✭✭✭✭

  August 9, 2021 9:48AM

  I will say it again..... It will be back. Why anyone doubts this is beyond my understanding. Cheers, RickO

  2
• jmlanzaf Posts: 35,345 ✭✭✭✭✭

  August 9, 2021 11:59AM

  @OPA said:

  @ricko said:
  I cannot understand why anyone would do that....A four percent dip is nothing.... It will be back. Cheers, RickO

  How about a 15% drop in one year?

  Bid/Ask 1726.60 / 1728.10
  Low/High 1725.40 / 1753.60
  Change -36.50 -2.07%
  30daychg -81.30 -4.50%
  1yearchg -308.20 -15.15%

  How did you buy a 2021 gold eagle a year ago? You must have very fast hands.

  1
• Smudge Posts: 9,621 ✭✭✭✭✭

  August 9, 2021 12:51PM

  If you bought those, you were screwed before gold tanked. It will come back, but you will wait a long time to break even on those.

  1
• CaptHenway Posts: 32,438 ✭✭✭✭✭

  August 9, 2021 4:03PM

  Fortunes of War, my boy!

  Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.

  1
• moursund Posts: 3,207 ✭✭✭✭✭

  August 9, 2021 4:24PM

  @coinpalice said:
  i don't even look at paper gold price anymore, it's manipulated just about every day

  Paper gold is what they use to wrap those chocolate coins?

  100th pint of blood donated 7/19/2022 . Transactions with WilliamF, Relaxn, LukeMarshal, jclovescoins, braddick, JWP, Weather11am, Fairlaneman, Dscoins, lordmarcovan, Collectorcoins, SurfinxHI, JimW. God so loved the world that he gave his only begotten son, that who so believeth in him should not perish but have everlasting life.

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