Oct
3
Gold coins
Filed Under News
A few well-known gold coins.
Note, in view of comments received – I’m tired of explaining:
Please do not get hurt / upset / tense by the way I handle the coins.
These are common BULLION coins, they are NOT rare / collectors / numismatic coins.
That means their only value is in their weight, not their face condition.
It means that they are handled and traded heavily by bullion dealers and (within reason) their face condition does not affect premium or spot price.
Bullion coins and bars are traded for gold content and weight, not surface condition. All bullion is handled unprotected – because it’s sold in large quantities, individual coins are not slabbed or protected.
Every coin I buy has been handled/stacked/tipped/wrapped in rolls by previous bullion dealers, and most are heavily marked by handling. When buying bullion, this is really not a problem.
If you’re concerned about numismatic value/face condition of coins, don’t buy bullion!
And there are plenty of videos on youtube with coins in plastic slabs, you’ll be happier there.
Hope that clears things.
Comments
or about 30000 dollar congratulation
u have over a kilo of gold1.2 i guess
“It is CRITICALLY important that you research DEFLATION and understand that inflation has been replaced with DEFLATION.
In the worst case of censorship I’ve seen on YouTube, VisionVictory deleted more than 20 comments I posted on his video “The End Game”
If you want to know more about why you should not buy gold, if you want to know why we are having DEFLATION instead of inflation, read the comments I’ve posted on Bright Anarchist’s video called “Don’t Buy Gold”"
you rich son of a ***** you can get like 100000 k from those coins respect to you
How many grams/oz of gold to you have?????
You must have a fair bit;)
finally, (read 2 below) ultimatly what I am talking about is that PRICE is a human concept. And OIL supply is a REALITY concept.
We can WANT our prices to be logical, but reality will trump price by being illogical.
And OIL decides who is real players and who is not. OIL supply has a sickness now. And that will make it impossible to hedge against. As long as people continue to use it on a daily basis the decline will push potential users off it. This is because of reality. In reality, 2 people can not use the same gallon of oil. So if the demand is 20 and supply 10, then 10 will lose. What happens to the price, up down sideways wont matter.
You’d like to think it was a scam. Me too. I hope it is 100% fake. Unfortantly, logic seems to be pointing in the direction that it is true.
Why would oil go from 150 to 70? easy. Because by doing that, it (OIL) removed the number of potential users who were actually non users. OIL prices will be extremely volitale. It will go from 1 to 1000 back to 1 in one day if that is the “way” it can remove players (that arn’t “real” players) from the market.
There is no peak oil. If there was then why did the price of oil drop from $150/barrel to $72/barrel? They discovered more oil fields in Alaska, Russia, and Indonesia in the past few months. Peak oil is a scam, it is a prelude to genocide on a global scale.
Right now we’re all better off to start trying to realistically come up w/ REAL solutions to OIL peak and hyper-consumption.
Because those gold coins eventually won’t buy you a bowl of rice if this crap continues.
Right now cash is better to hold, but in the near future gold would be a better investment. Hold on to precious metals and cash.
My recommendation for you is to save some money and then try to buy 1 oz gold coins because they carry the lowest premiums usually.
i want to start on gold i have around 45 ounces of silver and i want to start on gold which is best the 1/4 ounces 1/2 onces or 1 ounces but im only 15 and dont have loads of money so what would you recommend
This is the best commentary on gold coins EVER! I really appreciate your video very much. This is more informative than all the ebay coin sellers I have dealt with over the past 10 years. God Bless.
Nice set indeed, I also buy gold coins but in my case I collect rare coins with a limited mintage of less than 7000. In 2007 the South African mint produced a 1oz gold coin with former President Mandela and FW de Klerk on it (Nobel Laureates), at that time you could buy one for $1000, now unfortunately you will have to pay $2100 for one. Get your hands on some of those, they will fetch huge returns in the future and best of all is that they are not bound to the gold price.
yes, right better to hold onto paper cash.
If you still have it, I’ll give you spot +1%. A dealer will only give you spot. Just click on my name and send me a private note.
Allready planned for that contingency mwahaahahaahahaha
Also, expect to pay higher comm. when the spot price is falling, and anything over $40 over spot is too high.
It should be noted the distinction between bullion gold vs. coins with numismatic value. You have bullion coins. Also, buy gold anonymously. Do not buy the lie that it won’t ever be confiscated again or that dealers won’t release the info. on buyers.
You’ll do allright considering the current economic situation-Thanks by the way cuz u got me interested in Gold coins and I allready have a small collection growing rather pleasantly.
They do 1/4 ounce and 1/10 ounce £140 odd and £60 respectively
Were did you get the one with the kangaroo.
How long did it take to collect all that?
Wow. That’s 20,000+ value at this current gold spot price.
Do you know how to melt to make nuggets as an amateur metalsmith in case of an economic collapse when the currency goes into hyperinflation?
would not buy gold at current prices. As world economic turmoil has increased over that past several months gold prices have fallen.