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Go Back   Talkgold HYIP, Investment & Money Forum > Other Ways to Make/Save Money > General Investment Forum & News
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  #1  
Old 09-11-2006, 09:58 PM
IMIINC IMIINC is offline
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Join Date: Sep 2006
Posts: 2
Default Gold Coins?

I'm going to buy a lot of Gold to build a solid base for my investment portfolio.

I want it physically in my safe... NOT PAPER INVESTMENTS like E-Gold or a Gold Stock.

Lear Financial is trying to sell me gold investment coins (NOT GOLD BULLION).

I completely understand WHY you'd want to buy gold coins.

BUT I DON'T KNOW ANYTHING ABOUT INVESTMENT COINS.
Do they advocate and sell good gold coins that are of the quality/grade they say?

They want to sell me the following...

$10 Liberty Head MS 63 at $1470 each
$5 Liberty Head MS 63 at $1293 each
Silver Peace Dollars MS 64 at $70 each

Thanks in advance...
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  #2  
Old 09-11-2006, 10:44 PM
saxifrage's Avatar
saxifrage saxifrage is offline
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Location: Australia
Posts: 5,030
Default Re: Gold Coins?

Quote:
Originally Posted by IMIINC
I'm going to buy a lot of Gold to build a solid base for my investment portfolio.

I want it physically in my safe... NOT PAPER INVESTMENTS like E-Gold or a Gold Stock.

Lear Financial is trying to sell me gold investment coins (NOT GOLD BULLION).

I completely understand WHY you'd want to buy gold coins.

BUT I DON'T KNOW ANYTHING ABOUT INVESTMENT COINS.
Do they advocate and sell good gold coins that are of the quality/grade they say?

They want to sell me the following...

$10 Liberty Head MS 63 at $1470 each
$5 Liberty Head MS 63 at $1293 each
Silver Peace Dollars MS 64 at $70 each

Thanks in advance...

If you want coins, just remember, the government can take that $1470 coin for its face value, $10.
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  #3  
Old 09-12-2006, 12:05 AM
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lacerisesucree lacerisesucree is offline
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Default Re: Gold Coins?

Quote:
Originally Posted by IMIINC
I'm going to buy a lot of Gold to build a solid base for my investment portfolio.

I want it physically in my safe... NOT PAPER INVESTMENTS like E-Gold or a Gold Stock.

Lear Financial is trying to sell me gold investment coins (NOT GOLD BULLION).

I completely understand WHY you'd want to buy gold coins.

BUT I DON'T KNOW ANYTHING ABOUT INVESTMENT COINS.
Do they advocate and sell good gold coins that are of the quality/grade they say?

They want to sell me the following...

$10 Liberty Head MS 63 at $1470 each
$5 Liberty Head MS 63 at $1293 each
Silver Peace Dollars MS 64 at $70 each

Thanks in advance...
Hi,
why arenīt you looking to buy gold bars instead of gold coins? You will receive more gold for your money.
There is also a difference between collector coins and bullion coins. The first ones I canīt recommend you, too high overpriced level, the second ones I can recommend you when you buy more than 2 ounces of pure gold.
If you want a secure place for storing your gold, than I can recommend you the Perth Mint Certificates, you can buy them on kitco.com and thatīs the best way to get more gold for your money.
Kind regards.
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  #4  
Old 10-10-2006, 05:05 PM
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Accontant Accontant is offline
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Posts: 1,170
Default Re: Gold Coins?

I collect coins and looked up the ones you mentioned, that's near twice what they're worth. Never buy an MS 63 for an investment, they're just barely good enough to be called investment grade. Honestly, one of the best places to buy gold coins is E-Bay, just always get graded coins, there's a lot of values there. That said, if you don't know coins, using htem as in investment isn't as safe an idea as buying bullion coins. American Eagles, Canadian Maple Leafs and there is a Chinese one, too.

Hope this helps
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  #5  
Old 09-13-2007, 04:56 PM
irena irena is offline
Amateur Investor
Join Date: Sep 2006
Posts: 95
Default Re: Gold Coins?

Do not buy gold coins or bullion. Commission you pay when you buy/sell, postage, storage more than you earn if you sell coin at profit. Any profit you earn will be lost. Many coins on E-Bay counterfeit. If you want to own "gold" best is ETF traded gold funds. NYSE: GLD or IAU. These are fixed amount of gold bullion verified and store in bank vault. Buy and sell like a stock. If you have account with Sharebuilder you pay only $4 each trade no matter how many share you buy/sell.
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  #6  
Old 09-13-2007, 08:00 PM
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AlexaCY AlexaCY is offline
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Join Date: Aug 2006
Posts: 1,987
Default Re: Gold Coins?

I support the idea to by third-party graded coins, in MS-65 grade or proofs. They are pleasure to have, and do not decrease in value with the time, normally. You can ask all of you coin questions at ebay coin collectors's discussion boards. Regulars there are very knowledgeable anfd helpful. The link - http://forums.ebay.com/db1/forum.jspa?forumID=8
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  #7  
Old 09-15-2007, 05:40 PM
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stanwhisky stanwhisky is offline
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Join Date: Dec 2006
Posts: 93
Default Re: Gold Coins?

Becareful when you buy gold coin. Some are fake.
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  #8  
Old 09-16-2007, 05:18 AM
lavista4u lavista4u is offline
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Join Date: Nov 2006
Posts: 121
Default Re: Gold Coins?

Dude thats the smartttttest decision you will ever make..Gold is going to explode upwards in coming months and 900 to 2000 an ounce could not be ruled out...Better to buy GOLD hardcore than paper anyday..i think bullionvault.com sells gold online and store it for you...its a good option..BUT still better if you would keep the gold under your bed..cos it will be the next precious thing than your life in coming days
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  #9  
Old 09-16-2007, 08:04 AM
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powerball powerball is offline
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Join Date: Apr 2006
Location: Redfern
Posts: 552
Smile Re: Gold Coins?

Quote:
Originally Posted by lavista4u
..cos it will be the next precious thing than your life in coming days
What coming days? Agreed today is a mirror of the eighties crash conditions , Un experienced Super Fund Managers are being appointed, Banks lending too much, the money markets are here to stay, your gold as pieces is valued against high ticket fashion such as clothes, shoes, gifts and expendible items.
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  #10  
Old 09-16-2007, 11:56 AM
saxifrage's Avatar
saxifrage saxifrage is offline
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Join Date: Jan 2004
Location: Australia
Posts: 5,030
Default Re: Gold Coins?

Quote:
Originally Posted by lavista4u
Dude thats the smartttttest decision you will ever make..Gold is going to explode upwards in coming months and 900 to 2000 an ounce could not be ruled out...Better to buy GOLD hardcore than paper anyday..i think bullionvault.com sells gold online and store it for you...its a good option..BUT still better if you would keep the gold under your bed..cos it will be the next precious thing than your life in coming days

5th wave here we come...
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