ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Lamone · 3 September 2009, 08:21 AM

With the price of gold on the rise (close to all time high).
Anyone collects gold coins, gold bars?

Numismatist · 3 September 2009, 08:22 AM

.
.
.
.
.
.
<- Hmmmmm

Idle Swede · 3 September 2009, 08:30 AM

What is the right hand center coin?

BigHat · 3 September 2009, 08:36 AM

I'd like to buy some coins but really haven't investigated it well enough to ascertain who has fair prices and who screws you. Love a find a fair deal on some Maple Leafs etc.

I don't think they are a serious investment for other than a SHTF scenario. Of course, that's important and $10K invested for that could be a lifesaver in a worse case scenario. In that case, 1 oz coins might be too much (like a wallet full of $1000 bills) for bartering and maybe silver or 1/10 gold coins might be better.

Any thoughts?

Lamone · 3 September 2009, 09:08 AM

Quote:

Originally Posted by BigHat

I'd like to buy some coins but really haven't investigated it well enough to ascertain who has fair prices and who screws you. Love a find a fair deal on some Maple Leafs etc.

I don't think they are a serious investment for other than a SHTF scenario. Of course, that's important and $10K invested for that could be a lifesaver in a worse case scenario. In that case, 1 oz coins might be too much (like a wallet full of $1000 bills) for bartering and maybe silver or 1/10 gold coins might be better.

Any thoughts?

I would ask Chris "Numismatic"

for any advice/info/thoughts.

lakeros · 3 September 2009, 09:46 AM

Quote:

Originally Posted by BigHat

I'd like to buy some coins but really haven't investigated it well enough to ascertain who has fair prices and who screws you. Love a find a fair deal on some Maple Leafs etc.

I don't think they are a serious investment for other than a SHTF scenario. Of course, that's important and $10K invested for that could be a lifesaver in a worse case scenario. In that case, 1 oz coins might be too much (like a wallet full of $1000 bills) for bartering and maybe silver or 1/10 gold coins might be better.

Any thoughts?

For the SHTF scenario you are right on track, you would want a mix of silver coins either 1 ounce or get a hold of dimes, quarters before 1964 and then a mix of small and large gold coins. You will pay a higher premium on the smaller gold coins but if you had to use it for bartering that is the least of your worries.

Just my 2 cents

And yes I collect coins gold and silver.

Lamone · 3 September 2009, 09:12 AM

Quote:

Originally Posted by Idle Swede

What is the right hand center coin?

They're all Belgian Leopold II 20 franc coins. They've got a nice coat of arms, similar to your picture.

Idle Swede · 3 September 2009, 10:10 AM

Quote:

Originally Posted by Lamone

They're all Belgian Leopold II 20 franc coins. They've got a nice coat of arms, similar to your picture.

Thanks, that's what I thought it was.

theloxmyth · 3 September 2009, 10:31 AM

Yep!

Jimbits76 · 3 September 2009, 11:51 PM

I collect proof gold sovereigns for the boy along with proof silver eagles and uncirculated britannias.

Not much but a little and they shine nicely!

J

Lamone · 4 September 2009, 09:40 AM

They're a great investment as the price of gold skyrocketed. Today, it's at $991.80/oz.

drtooth73 · 4 September 2009, 10:09 AM

I have a series of gold russian pre-revolution roubles in 5, 10, and 15 rouble denominations, missing the 7.5 and 25 for the whole set.
Should of bought those two when gold was $300/ounce.

unclesallie · 4 September 2009, 10:24 AM

24K gold chain, gold coins. you get charged a premium when you buy and when you sell, but it's a great investment, and more aesthetically pleasing than a stock certificate(although some here would, i'm sure, disagree).

Bisquitlips · 4 September 2009, 12:31 PM

Love to collect them!! And the Cubans!

Wink · 7 September 2009, 05:25 AM

I have a nice portfolio of gold coins, both numismatic and bullion, U.S. and foreign. I have "bought on the dips" for about 33 years. I began acquiring Krugerrands in the 1970s. I have some Maple Leafs I bought at $297 each. On the bullion side, I bought only the one ounce sizes--never any fractionals. I am not a "gold bug," but I believe prudent investors should have a little.

Best,
Wink

mustangbrad · 7 September 2009, 10:20 AM

Nice coins. Gold is too high for me. I'll see if we break 1k. If we hit and it dumps, I will be looking to go short the gld.

3 September 2009, 08:22 AM	#2
Numismatist "TRF" Member Join Date: Nov 2007 Real Name: Chris Location: Camden ME & STT Watch: 116600 Posts: 6,350	. . . . . . <- Hmmmmm __________________ Rolex 116600 Sea-dweller Montblanc Solitaire Doué Black & White Legrand FP Montblanc Solitaire Doué Black & White RB Montblanc Meisterstück Diamond Mozart BP Montblanc Meisterstück Mozart BP

3 September 2009, 10:31 AM	#9
theloxmyth 2024 Pledge Member Join Date: Feb 2009 Location: NY Posts: 6,382	Yep! __________________ Craig, The (I'm JUST a) Loxmyth. If I had only known, I would have been a locksmith. — Albert Einstein (1879-1955) TWO FACTOR AUTHENTICATION IS ENABLED.

4 September 2009, 12:31 PM	#14
Bisquitlips 2024 Pledge Member Join Date: Sep 2008 Real Name: Richard Location: USA Watch: YM Deep Space Posts: 12,521	Love to collect them!! And the Cubans! __________________ Rolex Yacht-Master 40mm (SS-YG / Deep Space MOP) 16623 Breitling Aerospace Titanium / 18K with UTC. Omega Speedmaster 3510.50 Oris TT1 Pro Diver Regulator 43MM

3 September 2009, 08:30 AM	#3
Idle Swede Suspended Join Date: Oct 2008 Real Name: Leo Location: Boca Raton Posts: 13,820	What is the right hand center coin?

3 September 2009, 08:36 AM	#4
BigHat Banned Join Date: Sep 2007 Real Name: Matt Location: Arlington, VA Watch: Lange One MP Posts: 4,043	I'd like to buy some coins but really haven't investigated it well enough to ascertain who has fair prices and who screws you. Love a find a fair deal on some Maple Leafs etc. I don't think they are a serious investment for other than a SHTF scenario. Of course, that's important and $10K invested for that could be a lifesaver in a worse case scenario. In that case, 1 oz coins might be too much (like a wallet full of $1000 bills) for bartering and maybe silver or 1/10 gold coins might be better. Any thoughts?

3 September 2009, 11:51 PM	#10
Jimbits76 "TRF" Member Join Date: Sep 2007 Location: UK Posts: 9,407	I collect proof gold sovereigns for the boy along with proof silver eagles and uncirculated britannias. Not much but a little and they shine nicely! J

4 September 2009, 09:40 AM	#11
Lamone Banned Join Date: Nov 2007 Location: NYC Watch: ya mawt! Posts: 3,448	They're a great investment as the price of gold skyrocketed. Today, it's at $991.80/oz.

4 September 2009, 10:09 AM	#12
drtooth73 Banned Join Date: Feb 2009 Real Name: W. Stutman Location: Motor City Watch: TT GMT IIC Posts: 2,223	I have a series of gold russian pre-revolution roubles in 5, 10, and 15 rouble denominations, missing the 7.5 and 25 for the whole set. Should of bought those two when gold was $300/ounce.

4 September 2009, 10:24 AM	#13
unclesallie 2024 ROLEX SUBMARINER 41 Pledge Member Join Date: Aug 2007 Real Name: dan Location: Pennsylvania Watch: keystone pocket Posts: 5,917	24K gold chain, gold coins. you get charged a premium when you buy and when you sell, but it's a great investment, and more aesthetically pleasing than a stock certificate(although some here would, i'm sure, disagree).

7 September 2009, 05:25 AM	#15
Wink Member Join Date: Apr 2009 Location: South Carolina Posts: 84	I have a nice portfolio of gold coins, both numismatic and bullion, U.S. and foreign. I have "bought on the dips" for about 33 years. I began acquiring Krugerrands in the 1970s. I have some Maple Leafs I bought at $297 each. On the bullion side, I bought only the one ounce sizes--never any fractionals. I am not a "gold bug," but I believe prudent investors should have a little. Best, Wink

7 September 2009, 10:20 AM	#16
mustangbrad Member Join Date: Sep 2009 Real Name: brad Location: il Watch: 16613 Posts: 286	Nice coins. Gold is too high for me. I'll see if we break 1k. If we hit and it dumps, I will be looking to go short the gld.

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)