![]() |
Anyone see a problem buying Clearance gold rounds??
From APMEX
US Mint 1 Ounce Gold Commemorative Arts Medals Each coin contains 1 oz of pure gold at only $5.00 over Melt Value! http://www.apmex.com/Skins/APMEX/ico_New42.gif Item #: 8894 Availability: In Stock Any negatives? Seems to me that Gold...is Gold.... http://www.apmex.com/Category/14/Clearance.aspx |
Re: Anyone see a problem buying Clearance gold rounds??
Sure why not. Just keep an eye on where you plan to sell it.
|
Re: Anyone see a problem buying Clearance gold rounds??
Sadly, NO BODY (this means = read gold & silver stores, Ebayers, the sheeple) will automatically recognize them.
When you can BUY Kruggerands for $835? You take the chance - but why go cheap? |
Re: Anyone see a problem buying Clearance gold rounds??
http://www.golddealer.com/bullionpage.html
Kruggs for $835 "A fool and his money are easily parted if he doesn't think of the future." |
Re: Anyone see a problem buying Clearance gold rounds??
I agree with HS. Pass on the one off Olympic type stuff and get a highly recognizable Krug.
|
Re: Anyone see a problem buying Clearance gold rounds??
Quote:
|
Re: Anyone see a problem buying Clearance gold rounds??
For monetary investment, I agree. Some of the Olympic stuff is nice enough though to buy on it's own merit. This example is a French 1996 Olympic Commemorative. If you are buying for a collection, get the neat stuff but if you are buying for pure investment purposes, Krugs forever.
http://i185.photobucket.com/albums/x...anccropped.jpg |
Re: Anyone see a problem buying Clearance gold rounds??
Quote:
|
Re: Anyone see a problem buying Clearance gold rounds??
Are Austrian Phils totally passe? I never hear any mention of them around here.
|
Re: Anyone see a problem buying Clearance gold rounds??
Quote:
I like them, tho. I've been looking to pick one up for a while now. |
Re: Anyone see a problem buying Clearance gold rounds??
Quote:
|
Re: Anyone see a problem buying Clearance gold rounds??
Quote:
|
Re: Anyone see a problem buying Clearance gold rounds??
Quote:
I know an old guy that has run his gold shop since 1956 and I got some from him. |
Re: Anyone see a problem buying Clearance gold rounds??
Quote:
|
Re: Anyone see a problem buying Clearance gold rounds??
I've got a couple of Philharmonics and have done pictures on a few occasions.
http://i185.photobucket.com/albums/x...rmonic-rev.jpg |
Re: Anyone see a problem buying Clearance gold rounds??
Quote:
|
Re: Anyone see a problem buying Clearance gold rounds??
Quote:
Quote:
|
I bought a few American Arts rounds...
Only some, not all, are marked as gold. When I went to my dealer to trade gold for silver, he gave me the same value as the gold bar I turned in so if I can get them for a good price, I will buy again. Warning though, these DO NOT TEND to bring full price on E-Bay http://www.goldcoinsdealer.com/newin...ican_arts_gold And http://cgi.ebay.com/AMERICAN-ART-1-O...QQcmdZViewItem
|
Re: Anyone see a problem buying Clearance gold rounds??
I think the US mint medals are just fine. There is a whole series...Grant Wood, Mark Twain, etc. I think, not sure, but the ones before 1986 were not marked at all gold....you just have to know. I think they are a great deal, and personally I like the gold copper alloy. Medallion should weigh 1.1 troy oz..
Any dealer thats been around will recognize them right away...but for a SHTF scenario, it's not marked. I like them. Saw some real nice Mexican commemoratives, too. Large nice medallion 22K I think...but also not marked. |
1980 and 1981 American Arts are not marked...
1982 and later are marked 1/2 and 1 ounce gold, these coins are .900 fine. :bull-buddy-icon:When I can get a large discount to spot, I buy them, sell them to my dealer and buy marked .999 silver.
|
Re: Anyone see a problem buying Clearance gold rounds??
It's the same with Commemoratives. I picked up two 1987 Constitution sets (2 piece sets with Silver Dollar and 1/4 oz. $5 gold) and a 3 piece 1986 Liberty Commemorative set (Silver Dollar, Half Dollar, and 1/4 oz. $5 gold) for a total of $619 shipped, over the weekend. Pretty sweet deal in terms of gold and silver content purchased, but if I were to turn around and sell them to a dealer, I MIGHT break even. But I'll be hanging on to them for awhile.
|
Lake Placid Gold
Bought a Lake Placid set on E-Bay for $720 s/h/i and traded it to a dealer for 50.5 ounces of silver, mostly Prospectors, onza's, J+M bars, and some painted or scratch and dent SAEs. This works out at $14.26/oz when kitco silver $14.98. I will buy odd-ball gold if I can get it cheap enough.:bull-buddy-icon:
|
Re: Anyone see a problem buying Clearance gold rounds??
Buying now would be a great time as gold is under $795! Looks like we are in for a decent pullback, so buyers will be favored!
|
| All times are GMT -4. The time now is 04:47 PM. |
Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2010, Jelsoft Enterprises Ltd.
Copyright = None use it and Link to GIM