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A Chunk of Gold at a Good Price

PostPosted: Tue Aug 16, 2011 10:01 am
by beauanderos
Gold is on the move again today, soon offerings like these will dry up. There's a nice little piece of French history, at a fair price, up for bids (not my listing) in the auction section... and you have less than an hour to submit the winning bid Image

Re: A Chunk of Gold at a Good Price

PostPosted: Tue Aug 16, 2011 10:15 am
by neilgin1
you know what?...you're an enabler, i love you Raymundo, but in the rubric of our addiction, YOU are an enabler. (lol)

thats a sweet piece, and i have no gold, for real...but should, which is why i start looking at tenth's yesterday...COZ OF YOU, but i have a hard and fast self "rule"...i only buy American coins, simply coz when it comes time to trade, i dont want to do no schooling with them that desire to trade...face to face trading. i was looking at those indian head 2 and a half dollar pieces, gold, but i couldnt wrap my mind around price discovery...the coin is 4.18 gms and is a 90%'er......so whats the best bid?....silver 90's, i know that market, we're right at 30X, some over, some under...but 90's in American gold?...help....you enabler. neil

Re: A Chunk of Gold at a Good Price

PostPosted: Tue Aug 16, 2011 10:21 am
by Kurr
Niel, I am starting do do more gold as well.

Small 1 gram sizes, good for trading, .999 for easy math, very little "educatin" required.

Just sayin... :)

Re: A Chunk of Gold at a Good Price

PostPosted: Tue Aug 16, 2011 12:34 pm
by Lemon Thrower
neilgin1 wrote:you know what?...you're an enabler, i love you Raymundo, but in the rubric of our addiction, YOU are an enabler. (lol)

thats a sweet piece, and i have no gold, for real...but should, which is why i start looking at tenth's yesterday...COZ OF YOU, but i have a hard and fast self "rule"...i only buy American coins, simply coz when it comes time to trade, i dont want to do no schooling with them that desire to trade...face to face trading. i was looking at those indian head 2 and a half dollar pieces, gold, but i couldnt wrap my mind around price discovery...the coin is 4.18 gms and is a 90%'er......so whats the best bid?....silver 90's, i know that market, we're right at 30X, some over, some under...but 90's in American gold?...help....you enabler. neil


well, those french coins go for about $10-20 over melt typically, while the little U.S. gold coins go for about $20-$40 over melt. so if you buy the french fractionals, you get more gold.

French and Swiss 20 Francs and British Sovereigns are all very liquid.

Re: A Chunk of Gold at a Good Price

PostPosted: Tue Aug 16, 2011 1:11 pm
by 68Camaro
Too bad, so sad... All mine!!!

I was trying to stimulate someone else to buy it, and ended up getting it for myself. Nice little piece of history, as Ray said. No sad eyes here.