Gold coins

by on 2011/02/02

A few well-known gold coins. Note, in view of comments received - I'm tired of explaining: Please do not get hurt / upset / tense by the way I handle the coins. These are common BULLION coins, they are NOT rare / collectors / numismatic coins. That means their only value is in their weight, not their face condition. It means that they are handled and traded heavily by bullion dealers and (within reason) their face condition does not affect premium or spot price. Bullion coins and bars are traded for gold content and weight, not surface condition. All bullion is handled unprotected - because it's sold in large quantities, individual coins are not slabbed or protected. Every coin I buy has been handled/stacked/tipped/wrapped in rolls by previous bullion dealers, and most are heavily marked by handling. When buying bullion, this is really not a problem. If you're concerned about numismatic value/face condition of coins, don't buy bullion! And there are plenty of videos on youtube with coins in plastic slabs, you'll be happier there. Hope that clears things.
Video Rating: 0 / 5


{ 25 comments… read them below or add one }

MsCoinCollecter February 3, 2011 at 12:02 AM

wait….. is that Eaz-E Lock Tupperware?!!

itsgrandma97 February 3, 2011 at 12:39 AM

@buddylove222ful its grandma

buddylove222ful February 3, 2011 at 12:50 AM

can i have one please :)

westmidsgold February 3, 2011 at 12:57 AM

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avatarion February 3, 2011 at 1:42 AM

the music sucks and is too loud.

giamozz February 3, 2011 at 2:07 AM

@troyluciano12 Troy , the rubber band is priceless !!!

msungs February 3, 2011 at 2:29 AM

I have bought over 100 Ounces of Silver since last year, my friend took my advice and bought 5 100 Oz bars. Crash the banks, buy gold and silver. The Federal Reserve Bank as “Federal” as Federal Express is going to destroy the Dollar with the printing of more Owebama bucks. Peter Schiff and Ron Paul are modern day founding fathers. I am glad I fled the USSA.

OOjiBoy February 3, 2011 at 2:42 AM

How many black slaves could you buy with a 1/2 ounce coin

allansed February 3, 2011 at 3:15 AM

@XRayCam I agree with you 100% that the gold market will crash. In the past gold went to 800 but fell back to around 260. That crash was because of interest rates. Look up interest rates vs the price of gold and you can see why the price fell to around 260. Gold prices didnt begin to go up until interest rated began to fall. In the late 90′s I was getting over 7% on CD’s and gold was 280 an ounce! Now Gold 1400+ and CD’s are under 2% The Federal Reserve controls interest rates! Think about it…

XRayCam February 3, 2011 at 3:46 AM

@huntz2471, Because one of these days….the GOLD market is going to CRASH Just like it did in the early 80′s. So if you got GOLD at under $1300 an OZ you should SELL. Yea, it MIGHT get to $1800 an OZ….but not likely. With the OLD GOLD COINS…..they are not going to fall FLAT as much because of the Antique value :)

keco28 February 3, 2011 at 3:59 AM

can i buy any

huntz2471 February 3, 2011 at 4:11 AM

@albie071 try $1450

giamozz February 3, 2011 at 4:53 AM

Heaven’s to Betsy, your investment shot up 85% since you made this video……… Great investment !!!!

troyluciano12 February 3, 2011 at 4:59 AM

how much is the 100% pure rubber band?

huntz2471 February 3, 2011 at 5:33 AM

are all golds coins mint or does it matter

huntz2471 February 3, 2011 at 5:56 AM

@XRayCam y do the new one suck?

PWYJ February 3, 2011 at 6:44 AM

@solojam Exactly, being smart doesn’t mean you’ll get rich. Life is funny. : )

XRayCam February 3, 2011 at 7:22 AM

New Gold Coins Suck. Spend Your Money On OLD American Gold Coins…….

Sasori374 February 3, 2011 at 8:12 AM

@vadeletind lol

vadeletind February 3, 2011 at 8:29 AM

Wait a minute… was that really a genuine 100% rubber band?

tricky778 February 3, 2011 at 9:26 AM

@artifactman660 If I had that much gold, I would buy outright a big chunk of land. That’s a whole lot of money in that box.

jacklane61 February 3, 2011 at 9:52 AM

So nice to see someone handle their coins and enjoy them. Thanks,

just1believer February 3, 2011 at 10:29 AM

@ericmorales1023 dont worry it will get to 2337 untill the end of next year, or verry close to that, thumbs up if you agree

EvvyThomas February 3, 2011 at 11:15 AM

@KrypticGuy666 Start on ebay and only bid on auctions from dealers with big feedback numbers.

EvvyThomas February 3, 2011 at 11:16 AM

Congrats on doubling your money! I estimate 37.5 ounces there that you paid around $25k for? Just for holding onto to them for a couple of years it’s now at $50 thousand USD!! Hold onto them for a couple more years and they will buy you a very nice house free and clear…

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