kat wrote:
- quote -

Not necessarily - all gold coins have bullion value, but some also have
numismatic value. For example, a 1oz Krugerrand has a bullion value of
about $6 over the commodity price of gold, but no numismatic value. A
1933 Double Eagle has the same bullion value, but it's numismatic value
at last reported sale was $7.59 million. See
http://www.coinresource.com/pr_mint/..._1933_sold.htm

John Cowart

chip... not able to help with where to buy the coins... though with the
pricing of coins, doesn't it follow the commodity price of gold?...
didn't gold bottom out back in 2001 near 260?... then when the market
price fer gold started rising, up to the 272 - 275 range, given that i
don't have a crystal ball and thus had to wait fer the market to "tell"
me when to buy, that's when i started buying gold stocks, yet now with
the price in the 386 range, doesn't it seem, given the historical trends
in the price of gold, that we may be fast approaching a level of
resistance at the 400 level?... i don't know, but it just seems to me
that buying now would be like buying at the high... and with a political
election coming up, imho, i don't believe that an incumbent could afford
an environment where gold is reaching new price highs, fer it wouldn't
say much fer their effect on the economy...

I used to buy gold coins for only about 3-4$ above newspaper spot price.
In texas for sure, and i think nevada and some other states, have some funny
laws.
In texas, if you buy over $1000 of coins, you pay no tax as well. thats a
good start, huh. I just called around dallas and would tell the coin dealer
what some other guy was willing to sell them for and finally got that
price... consistently.

"Chip G" <NOSPAMchipg_98[at]ATyahoo.TODELETE.com> escribió en el mensaje
news:x41ab.487213$Ho3.82587[at]sccrnsc03...
- quote -

John Cowart <cowart[at]compuserve.com> wrote in message news:<3F6A2AC9.80ED04EF[at]compuserve.com> ...
- quote -

Have you looked at what e-bay has to offer for auction under coins?
Frequently, both silver & gold coins sell at bullion prices. One word
of caution though for buying gold anywhere, but esp on E-bay: buy
certified coins, authenticated by PCGS,ICG, Anacs or NGC. There are
many counterfeit gold coins "out there" and buying certified coins
helps prevent you from getting burned.

"John Cowart" <cowart[at]compuserve.com> wrote in message
news:3F6A2AC9.80ED04EF[at]compuserve.com...
- quote -

Thank you John. Does anyone here have personal experience with Monex? Just
trying to get a sense for the experience doing business with them? How about
Goldline? Same question.

TIA!
Chip

Chip G wrote:
- quote -

Try http://www.monex.com/monexwebapp/prices?pageid=prices

This gives reasonably current prices by the ounce, but most of these
coins are also available in sizes down to .1 oz. Note that you do have
to pay a small additional premium to get the smaller sizes. But you
usually also get a discount if you buy them in quantity.

John Cowart

Chip G wrote:
- quote -


You are absolutely correct, it is an automaticaly installed
signature (as below). There was NEVER any intention to
slander or to make it appear that anyone but myself had
written it.
Please accept my humble apology to one & all
Cal Lester CLU

--
I don't suffer from insanity, I enjoy every minute of it

This signature file is generated by Pick-a-Tag !
Written by jeroen[at]vanbaarsel.net

"cal-lester" <cal-lester[at]comcast.net> wrote in message
news:EE2ab.373696$Oz4.150256[at]rwcrnsc54...
- quote -


Thanks for the reply Cal.

To my question and in response to your inquiry, my goal is to invest in the
potential appreciation of spot-gold... bullion equivalent... not the premium
paid by investors based on perceived popularity, supply, demand of
particular issue coins. I am looking for coins that are as close to bullion
prices as possible but find that they come in sizes that are more usable in
the event of a need to parcel out the items for sale... typically around 1/5
ounce and up as opposed to the 1+ oz bars that I so typically see.

I am by no means an expert and truly appreciate any insight that the group
may be able to provide as to the best means to achieve this objective. If I
am off-base and you believe that I really should consider the more
numismatic oriented alternatives, I would love to hear your reasoning for
that thought line as well.

Just to be clear, the "it" comment referenced by the MODERATOR was made by
cal-lester... not me... even though he was rude enough to top-post and make
it look like I said "it" by appending his tag-line signature after my
question. I figure it was probably unintentional and just demonstrated a
lack of understanding of Usenet etiquette on his part. I truly appreciate
his effort to respond though.

Thanks again!
Chip

Pardon my ignorance, but why would you buy ant thing but
"investment grade", if you intend to use if for investment?????

otherwise, if you just want some old coins, simply go to
the nearest coin dealer, or the flea market.
Cal Lester CLU





Chip G wrote:
- quote -

--
I can see your point, but I still think you're full of it

This signature file is generated by Pick-a-Tag !
Written by jeroen[at]vanbaarsel.net


======================================= MODERATOR'S COMMENT:
Since the "it" in the signature file was unexplained, we will all assume it has something to do with precious metals. -HWW

Where can I buy gold coins at bullion prices without paying the exhorbitant
premiums that seem to be so often quoted for gold coins?

Why should I buy "investment grade" numismatics instead of
plain-old-circulated gold coins?

TIA,
Chip