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I'm thinking of buying some gold coins (Original Post) bif Jan 2023 OP
Don't know if it matters to you but gold prices look historically high now. Pobeka Jan 2023 #1
Silver has been doing well. multigraincracker Jan 2023 #2
There are a number of shows on coins, most relating to collecting and rare coins vs. an c-rational Jan 2023 #3
I'm interested in coins. bif Jan 2023 #8
Coins, for the sake of coins, is one thing. I like coins. They are fun to hold, especially gold. 3Hotdogs Jan 2023 #4
Beware of 'collectible' gold coin scams. keithbvadu2 Jan 2023 #5
JM Bullion Dan Jan 2023 #6
Buy gold jewelry instead. PoindexterOglethorpe Jan 2023 #7
Silver is as high as its ever been. rubbersole Jan 2023 #9

Pobeka

(4,999 posts)
1. Don't know if it matters to you but gold prices look historically high now.
Mon Jan 16, 2023, 09:04 PM
Jan 2023

Generally, you want to buy when it is low, not high, so you guard yourself from losing value over time.

c-rational

(2,590 posts)
3. There are a number of shows on coins, most relating to collecting and rare coins vs. an
Mon Jan 16, 2023, 09:37 PM
Jan 2023

investment in gold. You may want to check some out.

3Hotdogs

(12,366 posts)
4. Coins, for the sake of coins, is one thing. I like coins. They are fun to hold, especially gold.
Mon Jan 16, 2023, 10:00 PM
Jan 2023

But as an investment, think twice.

You pay a commission when you buy and when you sell. The price of your coin has to rise above the cost of the two commissions in order to make a profit.

If you just want to invest in gold, buy shares of a gold mining company. Investment cost is from zero dollars to a couple of bucks per trade.

Mining shares rise and fall with the price of gold.

Dan

(3,543 posts)
6. JM Bullion
Tue Jan 17, 2023, 02:20 AM
Jan 2023

I’ve purchased from them and have been satisfied.

Plus, you might want to consider the US Government, don’t remember the site tho.

rubbersole

(6,684 posts)
9. Silver is as high as its ever been.
Fri Jan 20, 2023, 11:18 PM
Jan 2023

I buy 1 oz US Mint coins for my grandkids every birthday an Christmas instead of presents. I've paid as little as $20 and as much as $34. Just bought 4 "dollars" at Christmas at $39 each. The reputable coin dealer suggested to wait until next year when he thinks they will be in the low $30's. Anecdotal, but I have trusted this guy for 18 years.

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