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Old 03-06-2023, 01:56 AM   #1
lamboguy
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Gold premiums

this is only for United States minted gold bullion, which in my mind is the best to own if you live in this country for various reasons. i am showing a company that is paying to the public over spot prices and selling the coin for an over 10% premium. i have never seen premiums this high ever. i looked up the prices that i paid for premiums when the price of gold was $300 per ounce and i was paying $15 per coin back in the year 2000. it used to be the higher the price of the metal the lower the percentage was for the premium. now it looks the opposite. i don't know if this means that price has hit a top, or if there is to heavy a demand with someone holding down price. one thing i do know is that central banks are loading up on their gold holdings and once they get the gold in their vaults, it never comes out!

Last edited by lamboguy; 03-06-2023 at 01:58 AM.
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Old 03-06-2023, 09:20 AM   #2
Inner Dirt
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I have never owned gold bullion coins, just US mint 1933 and before gold coinage that was once in circulation. Unfortunately they were a casualty of the 2008 recession. When my business crashed, until I reinvented it, I sold off gold and guns I bought to help pay the bills. The gold held it's value, the guns did not.


I hopefully will get some US mint gold coins again. I used to collect coins as a kid. I admire the coins for their design and beauty.


Who are the most trusted makers and sellers of bullion coins? In the USA of course.
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Old 03-06-2023, 02:17 PM   #3
lamboguy
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Originally Posted by Inner Dirt View Post
I have never owned gold bullion coins, just US mint 1933 and before gold coinage that was once in circulation. Unfortunately they were a casualty of the 2008 recession. When my business crashed, until I reinvented it, I sold off gold and guns I bought to help pay the bills. The gold held it's value, the guns did not.


I hopefully will get some US mint gold coins again. I used to collect coins as a kid. I admire the coins for their design and beauty.


Who are the most trusted makers and sellers of bullion coins? In the USA of course.
are you out of your mind? whatever you do in life, never sell your guns.
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Old 03-06-2023, 04:48 PM   #4
JustRalph
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Originally Posted by lamboguy View Post
are you out of your mind? whatever you do in life, never sell your guns.
Depends on how many you have

All of mine have almost doubled in value.

But I never sell em anyway

Recently had to buy a new safe
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Old 03-06-2023, 07:24 PM   #5
fast4522
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Depends on how many you have

All of mine have almost doubled in value.

But I never sell em anyway

Recently had to buy a new safe
To me they are like old girlfriends, if I once loved it really depends how much. Being realistic with thinking of moving from the cold northeast to less snow region and I want to make it easy on myself in taking them with me is part of the calculation. It is not like I am going to stop buying them but maybe not reloading so selling the Dillon and Rock Chucker.
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Old 03-06-2023, 07:44 PM   #6
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Not a gun collector here but I bought my first hunting rifle (Marlin 35) at Abraham and Strauss, Brooklyn, when I was of age, sort of, for, $63.00.
Now I think it is worth about $400.00.
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