Commercials to buy gold

[Ltdave]

i dont remember exactly when but i bought 10 1-oz US Gold coins. i think they were called Double Eagles? someone will know for sure. face value was $50. so for "$500" in coin, i paid just under $3800 ($380-ish per ounce).

it wasnt long gold had gone up almost double (maybe it WAS double?) and i was leery of it crashing or going stagnant so i sold them all for $6300-$6800. i just cant remember exactly.

kind of disappointed in myself when i think about it. would have been $20,000 at one point in the not so distant past

[Johnny P]

My bank use to send me one of the 1 oz. "Walking Liberty" silver coins every year, but haven't received one in several years.

[PaFrank]

I have always dabbled with coins. mostly silver but occasionally some gold. If you ever attend a large coin show and talk to the big (reputable) dealers, they are hesitant to buy "raw" gold coins from people they do not know. Even at melt. reason is, because of the current prices, it is worth it for counterfeiters to fake em and they are quite good. So if your gonna buy gold, best to buy certified coins. even bullion coins unless you are buying directly from the mint, but not sure you can still do that. And by certified, I mean graded by PCGS or ANACS or even PGC

[Art]

I have always dabbled with coins. mostly silver but occasionally some gold. If you ever attend a large coin show and talk to the big (reputable) dealers, they are hesitant to buy "raw" gold coins from people they do not know. Even at melt. reason is, because of the current prices, it is worth it for counterfeiters to fake em and they are quite good. So if your gonna buy gold, best to buy certified coins. even bullion coins unless you are buying directly from the mint, but not sure you can still do that. And by certified, I mean graded by PCGS or ANACS or even PGC

Correct. The surest way to guarantee the value of a coin is to have it certified, short of that "legal tender" coins, those struck by government with a face value are the way to go. American numismatic (pre 1933) gold coins, or current US Mint bullion coins which also have a nominal face value on them. Foreign legal tender coins such as gold pesos or British Sovereigns are also a good bet. As I said above, generic rounds, and little bricks have little to no guarantee of authenticity. There are tests to verify the metal is correct but of course how many people have access to them.

Yes, my understanding is that as of right now you can still buy directly from the mint.

Our son has been deployed to the middle east several times and while there he discovered that high rent locations like The Emirates actually have gold vending machines .