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-   -   too many scratches? (http://goldismoney.info/forums/showthread.php?t=256620)

seppuku 04-14-2008 11:23 PM

too many scratches?
 
1 Attachment(s)
whaddya think? :no_ma:

gopher29 04-14-2008 11:32 PM

Re: too many scratches?
 
It's a bullion coin. It doesn't have any real numismatic value anyways. So don't fret over the rough surfaces.

William Morgan 04-14-2008 11:41 PM

Re: too many scratches?
 
Quote:

Originally Posted by seppuku (Post 1062158)
whaddya think? :no_ma:

What's the price? That will determine the answer.

acquila 04-15-2008 12:18 AM

Re: too many scratches?
 
It is a beautiful ounce of pure brilliant gold. Or perhaps half ounce, as I seem to remember Canadian maples having a higher face value back in the 80's when that old bust was featured on them.

Scratches do not diminish its value as a recognizable piece of a very valuable and scarce natural resource. I wish I had ANY Canadian Gold Maples...

GreenSpirit 04-15-2008 12:21 AM

Re: too many scratches?
 
That's the weakness of the gold Maples. Too soft to support a premium.

azxcvbnm321 04-15-2008 06:47 AM

Re: too many scratches?
 
There isn't much of a premium anyway, which is the point of bullion coins. Standard premium is around $25 above spot, perhaps a very damaged coin will only get spot, but in the end, all you can lose is the premium above spot, or $25. In other words, the grade of the coin only effects its value by $25, which is nothing compared to the $900 worth of the metal content.

Twisted Avatar 04-15-2008 08:09 AM

Re: too many scratches?
 
Gold is gold......and it will fetch a sweet premium.......


just sit and wait........ time is on your side.



T

AuNuggets 04-15-2008 09:30 AM

Re: too many scratches?
 
Bullion dealers generally buy and sell marked up bullion coins at a discount to nice unmarked coins. Only a few dollars, but still a discount, so if you have the choice of buying a scratched up coin or one that is not, always buy the one that is not. That just takes away another reason for the dealer to rip you off. On .999+ coins like Maple Leafs, they are very soft and easily marred.


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