Started By
Message
locked post

Gonna buy my first gold coin today

Posted on 9/5/13 at 11:14 am
Posted by Broke
AKA Buttercup
Member since Sep 2006
65037 posts
Posted on 9/5/13 at 11:14 am
Thinking about starting out with a $2.50 indian head. Sound like a solid move?
Posted by TDsngumbo
Alpha Silverfox
Member since Oct 2011
41467 posts
Posted on 9/5/13 at 11:25 am to
It'd gold, isn't it? Of course it's a solid move, over the long haul.
Posted by Broke
AKA Buttercup
Member since Sep 2006
65037 posts
Posted on 9/5/13 at 11:38 am to
Yeah. I would love to get a $20 coin but got damn they expensive.
Posted by lynxcat
Member since Jan 2008
24118 posts
Posted on 9/5/13 at 11:46 am to
Calling Baylor for investment advice.



Posted by Broke
AKA Buttercup
Member since Sep 2006
65037 posts
Posted on 9/5/13 at 11:51 am to
I don't get it.
Posted by lynxcat
Member since Jan 2008
24118 posts
Posted on 9/5/13 at 11:56 am to
You don't remember Baylor? He doesn't show his face here much if ever anymore.

I have no clue how much a gold coin costs, but if you want an investment in gold then go for it.
Posted by LSURussian
Member since Feb 2005
126827 posts
Posted on 9/5/13 at 1:02 pm to
I'm a novice on gold coins. How much gold, as in weight, is in a $2.50 coin versus a $10 coin?
Posted by LSURussian
Member since Feb 2005
126827 posts
Posted on 9/5/13 at 1:03 pm to
quote:

Calling Baylor for investment advice.

Rivers???
Posted by Broke
AKA Buttercup
Member since Sep 2006
65037 posts
Posted on 9/5/13 at 1:25 pm to
quote:

I have no clue how much a gold coin costs, but if you want an investment in gold then go for it.


Depends on the size. I don't collect gold as an investment. I buy it for the numismatic value. I just like the coin. It would be from the mid 1800s
Posted by Broke
AKA Buttercup
Member since Sep 2006
65037 posts
Posted on 9/5/13 at 1:26 pm to
quote:

I'm a novice on gold coins


Me too. I have no idea about the weight. I don't really care either. I just like the coin.
Posted by LSURussian
Member since Feb 2005
126827 posts
Posted on 9/5/13 at 1:48 pm to
quote:

I have no idea about the weight. I don't really care either. I just like the coin.
That's good enough for me!
Posted by matthew25
Member since Jun 2012
9425 posts
Posted on 9/5/13 at 9:36 pm to
Go to Coinflation. Click on "Gold Values." You will see the certified Ebay sales below to give you an idea of market value/rarity.
Posted by Tigerpaw123
Louisiana
Member since Mar 2007
17250 posts
Posted on 9/5/13 at 9:47 pm to
quote:

I'm a novice on gold coins. How much gold, as in weight, is in a $2.50 coin versus a $10 coin?




US double eagle gold coins are based on 1 ounce of gold in a 20 dollar piece, so 1/2 ounce in a$10, 1/4ounce in a $5, etc
This post was edited on 9/5/13 at 10:08 pm
Posted by SmackoverHawg
Member since Oct 2011
27317 posts
Posted on 9/5/13 at 10:17 pm to
I love gold and silver coins. I like to roll around in mine like Scrooge McDuck when no one's around.

I really do like to play with my coins. Don't lie and say y'all don't.
Posted by SpidermanTUba
my house
Member since May 2004
36128 posts
Posted on 9/5/13 at 11:42 pm to
quote:

Gonna buy my first gold coin today


Really?



I think I'll buy a put in the morning.
Posted by LSURussian
Member since Feb 2005
126827 posts
Posted on 9/6/13 at 7:15 am to
quote:

Really?



I think I'll buy a put in the morning.
Posted by Blakely Bimbo
Member since Dec 2010
1183 posts
Posted on 9/6/13 at 10:16 am to
My 5 dollar gold piece is set in a gold bezel and I wear it on a chain around my neck.

It is one of the gold pieces that my grandfather held back during Roosevelt's "confiscation". Of course, one cannot strictly say the gov. confiscated the gold, but my Grandpa was worried that he would not a have means to convert when he needed cash for transactions and take care of his family.

He distributed the gold pieces among his grandchildren as a reminder of the power of gov.

My gold piece looks great on a a cashmere sweater.
This post was edited on 9/6/13 at 10:17 am
Posted by SpidermanTUba
my house
Member since May 2004
36128 posts
Posted on 9/6/13 at 10:40 am to
For what?
Posted by matthew25
Member since Jun 2012
9425 posts
Posted on 9/7/13 at 12:28 am to
This is a serious board. Not a plaything.
Posted by SpidermanTUba
my house
Member since May 2004
36128 posts
Posted on 9/7/13 at 1:09 am to
quote:

This is a serious board. Not a plaything.


My bad.




In seriousness - I have bought puts on GLD recently. They didn't work out. I literally broke even on the first one, then rolled it over to a later expiration, which consequently expired at zero.
This post was edited on 9/7/13 at 1:13 am
first pageprev pagePage 1 of 2Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram