Collection Update- Gold
The four gold coins I added last year while gold was low. The American Legion set I bought the day of it's release at a early release price. The three 2016 .999 commemoratives from EBAY near the price of spot, which took some time. Not that I'll ever sell these, the half and quarter are already turning a small profit closing today at $1749.65. I'd call these a solid investment.
Sadly, nothing older like Coronets or Indians which are always on my list. Just not quite at a price I'm comfortable with. I think of myself as a smart buyer rather than the must have sort since I'm not out to collect a specific series to completion. Where I look to be is just below market average for the grade which is more challenging than first thought. So, that's my goal for this year. Old gold!
Comments
user_7180
Level 5
Nice additions. Gold and silver like the stock market go up and down. However, now that the Federal Reserve is printing so much paper money to keep the economy from total collapse it will not be long before Gold and Silver start to really shine!!!
ZanzibarCoins
Level 4
Beautiful coins! Those are fantastic pieces, thank you for sharing! I agree with Golfer, silver seems so low right now, and it will be really interesting to see what happens when it jumps. Happy collecting!
Longstrider
Level 6
Nice buys and a great price. I have the dime. I must say I was disappointed that it is not Full bands. I am getting used to the mint disappointing me. Still a nice coin. Good luck on the old guys.
Long Beard
Level 5
I don't believe any of the Mercury commemoratives are full bands. Or at least none of the hundreds graded I looked at before finding mine. It would be a top story should one surface.
Mokie
Level 6
I love those 2016 coins, I have the Mercury and Standing Liberty versions but I did not buy the Walker (too much for my paltry budget).
Mike
Level 7
Nice pieces. The first thing we learn is no impulse buying. If yor collecting for investment thats one thing. If your collecting because you like the coins and add them to your collection thats another. Beautiful coins. You have a great eye thanks.
Golfer
Level 5
Great pieces. Always nice to own some gold. I am amazed at the price of gold right now. Looking forward to seeing a 2,000 dollar an ounce price. Silver is so low it seems. Would love to see 30 to 40 dollar silver and its effect on the hobby. Thanks for sharing your gold pieces. Very nice.
World_Coin_Nut
Level 5
I really like the American Legion piece. I don't buy much gold but I picked up that one.