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Not first strike

2006-08-23 08:56:47 · 2 answers · asked by moonwalker 3 in Business & Finance Investing

2 answers

The spot price of gold today is around $612 per oz. (You can find this daily at http:\\ccsilver.com) I have seen them going for around $800 in catalogs for perfect or near-perfect (mint state) which are mainly for serious collectors. They're going for $664 plus $16 shipping at the URL below. I'm planning on getting myself one. There's a slightly higher premium on these coins because they're brand new, in somewhat high demand and they are the only .9999 pure gold coin ever issued by the U. S. government. Canada (Maple Leafs) and Austrailia (Kangaroos) have been doing it for years. The American Eagle is 22k gold. The best thing is to check around your city with coin dealers and have cash in hand to pay for it. If you're new to coins, the coin itself will need to be kept in some kind of case since gold in its purest form is quite soft and susceptible to scratches. Good Luck!

2006-08-23 09:11:57 · answer #1 · answered by stklotto 4 · 0 0

There are many websites to check the price, but since it is so closely tied to bullion, I would call instead to check the latest prices and to reserve one when you find the right one.

Concerning "first strike" and those grading MS69 or 70, don't fall for this BS. This is all marketing hype, and won't be worth anything in a few years. If you like the coin, buy it, but don't pay extra for stupid marketing gimmicks, (I don't mean you, but anyone else reading this). If a promoter is selling something, that means there are tons of them around. It is the coins promoters don't sell, the scarce coins that collectors really want, that will go up in value in the future.

2006-08-24 11:16:43 · answer #2 · answered by medoraman 3 · 0 0

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