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Re: $3000 Gold and its effect on numismatic gold coins - legs after that?
Silver went from like $18 to $45 in a matter of weeks. There was very little time to act. But more than gold, even folks who weren't into PMs knew about the spectacular rise in silver from earlier in… (View Post)2 -
Re: Which would be better long term investment
A side comment: you may disagree, but I have to say that modern gold coins look really good -- especially Proofs -- when you have an all-black holder like those from NGC. Most of the time I love the … (View Post)2 -
Re: $3000 Gold and its effect on numismatic gold coins - legs after that?
I never thought of that but we're within striking distance of talking about that. I bought a very nice 1923-D MS-66 for $3,500 at FUN 2020 when gold was about $1,650. I agree with your figure -- comp… (View Post)2 -
Re: $3000 Gold and its effect on numismatic gold coins - legs after that?
Gold MAY fall if the stock market goes up again, but gold and stocks can move up together (for the most part they did from 2021 through 2024). Gold supply/demand fundamentals are what is important, n… (View Post)3 -
Re: $3000 Gold and its effect on numismatic gold coins - legs after that?
So those $5 gold coins each had 1/4 ounce of gold.....which means with gold at about $1,700 during this time a $5 Half Eagle had about $425 in gold...so you paid about a 100% premium for the coins, r… (View Post)3