Home » Forums » Current Events

Please school me on purchasing gold

Submitted by homeschoolmom on Sat, 11/21/2009 - 21:14
in
0 votes

In February 2008, I bought a couple of pre 1930's gold dollars. I would like to buy more gold now, before the prices get higher. I am open to your expert advice. Do I want to buy more of the older pieces or do you suggest the newer dollar pieces which I understand can be confiscated by the government? I am overwhelmed at how educated many of you are in this field. In each case, where would you suggest I buy from? Thanks so much in advance for your input.

»

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

greysheet.com for prices and ajpm.com for purchases.

Submitted by HYDROMAN on Sat, 11/21/2009 - 23:06.

" The force of a correction is equal and opposite to the deception that proceded it"
B. Bonner

—

"Since 1789 the only government on Earth that has the power to crush the American people`s liberties across the board is the government of the United States"
Robert Higgs

Are you sure you have a Gold dollar?

Submitted by beesting on Sat, 11/21/2009 - 22:41.

My coin book says 1889 was the last time a very small official American Gold coin was minted, and the book doesn't say it's a dollar.
It weighs 1.672 grams { 31.1034 grams to the ounce }
My book calls it a Gold Indian head-Type 3 coin.

My book has a $2.50 Gold coin a $3.00 Gold coin and a $5.00 Gold coin a $10.00 Gold coin and a $20.00 Gold coin, all very valuable to a coin collector.

I suggest you buy a recent copy of coin prices magazine to estimate the value of your coins.

Numismatic { collectors } coins have a limited resale market, because only sophisticated coin collectors will buy them.

{ I've bought these } Krugerrand coins have no stamped value { Valued by weight } and come in 4 sizes:

http://bullion.nwtmint.com/gold_krugerrand.php

http://www.blanchardonline.com/blanchard_products/bullion_kr...

You can use a search engine to find the best price.

—

beesting

they also have executive

Submitted by bad_karma on Sat, 11/21/2009 - 22:44.

they also have executive orders....

A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.

—

A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.

Buy silver first.... pre

Submitted by bad_karma on Sat, 11/21/2009 - 21:34.

Buy silver first.... pre 1964 US dimes, quarters, and halves.. buy gold second.. US 1/4 or 1/2 ounce eagles with some 1/10th ounce eagles..
also if you find some 18k gold mens or womens rings would be good also.

A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.

—

A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.

thanks

Submitted by homeschoolmom on Sat, 11/21/2009 - 21:52.

I do have some silver numistatic also, about 10 pieces, old also. I just didn't know if I should stick with the numistatics or not..

________________________________
the lesser of two evils is still evil

—

________________________________
the lesser of two evils is still evil

I would keep the numismatics

Submitted by bad_karma on Sat, 11/21/2009 - 21:54.

I would keep the numismatics you have.. I would not buy anymore.. you need gold and silver to use as money once the dollar is scortched.

A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.

—

A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.

again,

Submitted by homeschoolmom on Sat, 11/21/2009 - 21:55.

thanks, i really trust your judgements here.

________________________________
the lesser of two evils is still evil

—

________________________________
the lesser of two evils is still evil

also we may see the price on

Submitted by bad_karma on Sat, 11/21/2009 - 22:44.

also we may see the price on gold and silver come down some.. nothing goes straight up or down.. might want to buy a little now then see what the price does if it come way down like it did a year and a half ago thats the time to buy with both hands.. that will be the last time you will be able to buy at those low prices..

A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.

—

A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.