Gonna buy my first gold coin today | TigerDroppings.com

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Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
56033 posts

Gonna buy my first gold coin today


Thinking about starting out with a $2.50 indian head. Sound like a solid move?






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TDsngumbo
LSU Fan
Member since Oct 2011
5211 posts

re: Gonna buy my first gold coin today


It'd gold, isn't it? Of course it's a solid move, over the long haul.





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Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
56033 posts

re: Gonna buy my first gold coin today


Yeah. I would love to get a $20 coin but got damn they expensive.





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lynxcat
Rutgers Fan
Member since Jan 2008
14362 posts

re: Gonna buy my first gold coin today


Calling Baylor for investment advice.









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Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
56033 posts

re: Gonna buy my first gold coin today


I don't get it.





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lynxcat
Rutgers Fan
Member since Jan 2008
14362 posts

re: Gonna buy my first gold coin today


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.






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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80678 posts
 Online 

re: Gonna buy my first gold coin today


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





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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80678 posts
 Online 

re: Gonna buy my first gold coin today


quote:

Calling Baylor for investment advice.

Rivers???






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Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
56033 posts

re: Gonna buy my first gold coin today


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






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Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
56033 posts

re: Gonna buy my first gold coin today


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.






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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80678 posts
 Online 

re: Gonna buy my first gold coin today


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!






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matthew25
Ole Miss Fan
Member since Jun 2012
3367 posts

re: Gonna buy my first gold coin today


Go to Coinflation. Click on "Gold Values." You will see the certified Ebay sales below to give you an idea of market value/rarity.





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Tigerpaw123
USA Fan
Louisiana
Member since Mar 2007
9170 posts
 Online 

re: Gonna buy my first gold coin today


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 at 10:08 pm


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SmackoverHawg
Arkansas Fan
Member since Oct 2011
13341 posts

re: Gonna buy my first gold coin today


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.






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SpidermanTUba
LSU Fan
Member since May 2004
28252 posts

re: Gonna buy my first gold coin today


quote:

Gonna buy my first gold coin today


Really?



I think I'll buy a put in the morning.






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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80678 posts
 Online 

re: Gonna buy my first gold coin today


quote:

Really?



I think I'll buy a put in the morning.






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Blakely Bimbo
Alabama Fan
Member since Dec 2010
1078 posts

re: Gonna buy my first gold coin today


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 at 10:17 am


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SpidermanTUba
LSU Fan
Member since May 2004
28252 posts

re: Gonna buy my first gold coin today


For what?





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matthew25
Ole Miss Fan
Member since Jun 2012
3367 posts

re: Gonna buy my first gold coin today


This is a serious board. Not a plaything.





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SpidermanTUba
LSU Fan
Member since May 2004
28252 posts

re: Gonna buy my first gold coin today


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 at 1:13 am


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