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Do you own any gold coins?

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  • Do Want

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own one, but only because of inheritence. Not something I would go spend a bunch of money on to acquire. Bullets, water storage, and food are a better investment if the SHTF
 
I have some 50 cent pieces I gold plated myself, all courtesy of Northwestern College for the use of their gold . Actually I have no real interest in gold nor would I care to buy it.
 
I will be buying Gold next week. Dental Gold!!

My right molar broke in two last night!

$750 crown (my fourth one)

There goes my coin money
emot_mad2.gif

 
Nope.

I could see maybe owning Greek or Roman coins from BC just to have a piece of history but I haven't bothered to buy any other ancient artifacts.

For the collapse of civilization you'd want guns, ammo, food, meds and power armor not shiny metal.
 
DaveSimmons said:
I could see maybe owning Greek or Roman coins from BC just to have a piece of history but I haven't bothered to buy any other ancient artifacts.
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and persian! i just bought a silver siglos from the time of king darius (~500 BC) for ~100$. persian coins look awesome and they are cheaper because they're not as popular as greek/roman.

ancient indian, scottish, and british coins are also on my list of ones to acquire someday.
 
brianmanahan said:
and persian! i just bought a silver siglos from the time of king darius (~500 BC) for ~100$. persian coins look awesome and they are cheaper because they're not as popular as greek/roman.

ancient indian, scottish, and british coins are also on my list of ones to acquire someday.
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How do you know it's not fake? Chinese can fake anything. Alibaba even has fake Silver Eagles.
 
Silver is more volatile and better to make a quick buck from it.

I recently flipped silver and made $600 profit. So I bought a new Dyson to clean the carpet with.
 
mikeford said:
I like the idea of coins, gold and silver, but realistically if the sht hts the fan a can of dog food or a shotgun shell will have more value.
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I kinda feel the same. I'd consider investing in some gold and/or silver, but if SHTF happens then like you said, I'd think a barter-type economy will be used, at least for awhile.

But, I guess I can see gold and/or silver being a worthwhile investment but only for a rule-of-law scenario or economic-downturn and not collapse. In that case, the dollar might be worth shit but precious metals will still be worth something.
 
ponyo said:
How do you know it's not fake? Chinese can fake anything. Alibaba even has fake Silver Eagles.
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it is a possibility, but this one was nowhere near EF condition or better, which is what they usually create fakes for. had a big banker's mark cutting right through the middle of it, and i could see it was solid through that.

it is also a pretty cheap coin even in better conditions. they are much more likely to fake more expensive/well-known coins.

i always compare the coins against images/descriptions of known variations (using a site like wildwinds and coin history/research books) to make sure that it is a type that has been seen before. and i only deal with sellers with a good reputation on vcoins, vauctions, or at local shops. and when looking over the coin i look for any signs of fakes (seams, pitting, etc)

still there is the off chance that i could be fooled. if so, i guess ignorance is bliss 🙂 i am not getting these to resell or anything like that.

if i ever in the market for more expensive coins, i probably will consider getting one graded by PCGS.
 
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This is atot. Most people here probably own vaults in a secret location filled with gold ingots and M3s. :biggrin:

No gold here, other than a very small amount I found as a kid while breaking quartz rock. It may not even be real gold. No clue what I even did with that rock, I think my parents have it holding books up on a shelf. lol
 
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brianmanahan said:
it is a possibility, but this one was nowhere near EF condition or better, which is what they usually create fakes for. had a big banker's mark cutting right through the middle of it, and i could see it was solid through that.

it is also a pretty cheap coin even in better conditions. they are much more likely to fake more expensive/well-known coins.

i always compare the coins against images/descriptions of known variations (using a site like wildwinds and coin history/research books) to make sure that it is a type that has been seen before. and i only deal with sellers with a good reputation on vcoins, vauctions, or at local shops. and when looking over the coin i look for any signs of fakes (seams, pitting, etc)

still there is the off chance that i could be fooled. if so, i guess ignorance is bliss 🙂 i am not getting these to resell or anything like that.

if i ever in the market for more expensive coins, i probably will consider getting one graded by PCGS.
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Leave it to the Chinese to try to fake coins in massive quants. 😡

Anyway, there are various tests including magnetism, condition, weight, acid (for junk silver), but most importantly REPUTATION of the seller.
 
Red Squirrel said:
This is atot. Most people here probably own vaults in a secret location filled with gold ingots and M3s. :biggrin:

No gold here, other than a very small amount I found as a kid while breaking quartz rock. It may not even be real gold. No clue what I even did with that rock, I think my parents have it holding books up on a shelf. lol
Click to expand...

Quartz gold must have been a nice find.
 
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