tag:blogger.com,1999:blog-4433024393760369647.post7983464241853568154..comments2023-05-05T02:34:17.002-07:00Comments on Mint News Blog: Gold Price at All Time HighUnknownnoreply@blogger.comBlogger67125tag:blogger.com,1999:blog-4433024393760369647.post-19724009091143963262010-09-20T07:51:54.835-07:002010-09-20T07:51:54.835-07:00Received my proof and unc today. I purchased these...Received my proof and unc today. I purchased these at the lower prices. Both are stunning.<br /><br />Thanks,<br /><br />JoeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-11951485514935101962010-09-19T17:40:21.942-07:002010-09-19T17:40:21.942-07:00Regarding the backorder notice on Unc Buchanan:
I...Regarding the backorder notice on Unc Buchanan:<br /><br />It could be a sign that the Mint has already struck the 15,000 proof/unc coins in the ratio it determined was the most likely scenario, and the unc are already running low.<br /><br />However, it's more likely a sign that the first wave of strikes is almost gone, and until more are struck and ready for sale, the backorder will be up. Judging by the sales numbers through last week, it appears that 5,500 proofs and 3,500 uncs is a fair guess as to the first wave of strikes.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-52681594313101863022010-09-19T17:34:17.875-07:002010-09-19T17:34:17.875-07:00The face values on those coins is so STUPID, anywa...The face values on those coins is so STUPID, anyway! The funny thing is, I can see a kid at McDonald's refusing to accept the coin as payment, despite the fact that it's made of pure gold. They always ask a manager for help even when I pay with $2 bills, so can you imagine the loop one of those coins would throw them?<br /><br />Of course, if I was ever stupid enough to use the coins as face value anyway, I would need to have my head examined. I just seem to enjoy the cruel mental torture of high school age fast food workers!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-47896438202937976732010-09-18T23:06:47.252-07:002010-09-18T23:06:47.252-07:00The legislation says what the face value of the co...The legislation says what the face value of the coins will be, you are right it makes no sense but that is how our government works at times.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-28052465192979388422010-09-18T19:38:52.274-07:002010-09-18T19:38:52.274-07:00Mine should be delivered Monday.
I have a noob qu...Mine should be delivered Monday.<br /><br />I have a noob question. Why are the 1/2 ounce spouse and 1/2 ounce gold eagle different face values? The spouse being $10 and the gold eagle $25. What am I missing, besides $15?<br /><br />Thank,<br /><br />JoeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-58686181341300802422010-09-18T18:26:01.335-07:002010-09-18T18:26:01.335-07:00FWIW the US Mint has just posted the following for...FWIW the US Mint has just posted the following for the Uncirc. Buchanan Libertys<br />"Product will be available for shipping 10/03/2010"<br /><br />Jim L.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-10040015326212749822010-09-17T11:55:10.080-07:002010-09-17T11:55:10.080-07:00Yeah, I was hoping to invest around $10,000 in the...Yeah, I was hoping to invest around $10,000 in the 5 oz. silver ATB quarters. Unfortunately, that money won't buy as many now as it would have a few weeks ago when silver was only around $18/oz. All of the feet-dragging by the Mint is going to make me buy less or spend more now than I should have had to. Bums!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-62902173286913204082010-09-17T10:41:00.867-07:002010-09-17T10:41:00.867-07:00In the left column at the bottom, on the www.apmex...In the left column at the bottom, on the www.apmex.com site is a link to IRA information.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-71078765887208249402010-09-17T08:22:05.287-07:002010-09-17T08:22:05.287-07:00For those interested in Precious Metal IRA's, ...For those interested in Precious Metal IRA's, you probably want to start with a tax accountant, a funds manager or a brokerage firm. You also can find some good, introductory Metals IRA information on the websites of metals resellers, such as APMEX and KITCO.<br /><br />Within both of their sites, they indicate that the "bullion" must be purchased from an authorized seller and immediately transferred from the seller to the investment house / storage facility into either an individual or a pooled asset. You, as the investor, never touch the metals, and there are recurring costs associated with the long-term storage of your assets at their authorized facility.<br /><br />At one time, the grading companies were offering a service to certify coins, normally any previously purchased AGE bullion coins, as investment bullion that then could be delivered to a storage facility.<br /><br />Unfortunately, these Precious Metal IRA accounts are operated around the cost / value of the actual gold content, not the intrinsic and/or numismatic value of collectable coins.<br /><br />Just what I have learned from public information. Every investor needs to do their own research, then make the business decisions best suited to their current circumstances.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-4688295585878993772010-09-17T07:57:30.456-07:002010-09-17T07:57:30.456-07:00As gold continues the consistently upward trend, h...As gold continues the consistently upward trend, having caused Mint pricing to cross into a new frontier while traveling towards an undiscovered country, I have begun to wonder about the impact this latest surge will have on the interest in, the affordability of, and the final mintages for the Proof Gold American Eagle coins - individuals and sets.<br /><br />Given the programmed mintages, is it possible that the product pricing - quickly becoming unaffordable to the steadfast majority - could curtail sales to the point that one or more of these coins / sets could become keys in their respective series? And even more in demand that the 2008 W Buffs? I see the 1/10 and 1/4 coins selling out - FAST. But what of the 1/2, the 1 oz, and the 4-coins sets?<br /><br />That is to say - if and when the US Mint ever confirms and publishes to their website the same supposed PR AGE information that went public through a reputable Numismatic source some 2 weeks ago.<br /><br />With 14 weeks left in 2010, the Mint is feeding us information on their boilerplate 2011 products; still over-priced, but 5 months earlier. Woohoo!!! However, no additional information on the PR AGE, even less information on the PR and UNC ASE (an instant source of profit and customer relations goodwill), and where, in the name of everything that is Holy, are these ATB 5 oz silver bullion coins?? The last whisper was late Summer which, by the way, ends in 2 weeks!! One Mint authorized purchaser, APMEX, has been advertizing them as "coming soon" for nearly 2 months. Another internet retailer, MCM, has had them listed on their website for almost a month.<br /><br />Time for the Mint to close the deal on some of the products for which we, the customer, have a sincere interest and have been waiting... impatiently... FOR WAY TOO LONG NOW!!VABEACHBUMnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-71869983560330595502010-09-17T07:42:00.668-07:002010-09-17T07:42:00.668-07:00"I worry when people ask an anonymous posting..."I worry when people ask an anonymous posting board for investment advice...." <br /><br />I worry when people give investment advice on an anonymous posting board...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-49346965521200369642010-09-17T07:01:14.320-07:002010-09-17T07:01:14.320-07:00An IRA ("Individual" Retirement Account)...An IRA ("Individual" Retirement Account) could be some coins in a jar buried in your crawlspace. So please,stop bashing those who want physical precious metals in an "IRA". My IRA is in a "container" in my basement and elswhere.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-50357986041630340742010-09-17T06:37:17.522-07:002010-09-17T06:37:17.522-07:00Can someone provide a link to a government/ IRS we...Can someone provide a link to a government/ IRS website that states physical coins bought by an individual directly from the Mint can be used for a retirement account.<br /><br />I didn't think so!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-66858975950574848042010-09-17T06:26:46.074-07:002010-09-17T06:26:46.074-07:00Can someone provide a link to a government/ IRS we...Can someone provide a link to a government/ IRS website that states physical coins bought by an individual directly from the Mint can be used for a retirement account.<br /><br />I didn't think so!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-28246497203581576652010-09-17T05:52:39.767-07:002010-09-17T05:52:39.767-07:00You CAN put coins in a retirement account. The law...You CAN put coins in a retirement account. The law that authorizes gold eagles specifically says they can be put in retirement accounts. That is why gold proof sets "with papers" are going so high.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-17873916218973002002010-09-17T04:36:31.995-07:002010-09-17T04:36:31.995-07:00This is NOT a general investment forum.
First, don...This is NOT a general investment forum.<br />First, don't be a deadbeat and pay your mortgage!<br /><br />Not sure how anyone can fund retirement (IRAs, 401ks) with coins. My accountant says you can't , period! Precious metal funds yes, coins no!<br /><br />The Buchanan Liberty is the only product available, even at the new higher pricing that I think for sure wll be a great flip, IF you have the money.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-61742311802910772202010-09-16T23:29:17.058-07:002010-09-16T23:29:17.058-07:00I worry when people ask an anonymous posting board...I worry when people ask an anonymous posting board for investment advice....<br /><br />Saying that, I suggest a mix of, in order of percentage:<br />1) Well known, high yielding dividend stocks.<br />2) Cash (or short term Ts)<br />3) Mining stocks (or IAU / GLD) if in IRA/401K. If not, some physical might be okay.<br />4) TIPS fund, like PIMCO offersAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-48477501390948286832010-09-16T22:49:19.489-07:002010-09-16T22:49:19.489-07:00The US dollar isn't strengthening anytime soon...The US dollar isn't strengthening anytime soon (or at least materially and consistently). I don't see any reason to be afraid of gold. The government is driving the dollar into the ground with their spending (and that healthcare bill when it comes into effect, isn't going to help that cause). Keeping your money tied up into US currency is probably riskier than any gold investment.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-82189961895920577512010-09-16T22:27:30.552-07:002010-09-16T22:27:30.552-07:00I have a few thousand dollars in my retirement sav...I have a few thousand dollars in my retirement savings I need to invest. Should I put my money in gold? Or should I put it in stocks? I like what I see is happening to gold prices. I need some help paying off my mortgage.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-10564031537628302442010-09-16T11:24:41.003-07:002010-09-16T11:24:41.003-07:00The buy price for 90% silver is about $14.30 so 5 ...The buy price for 90% silver is about $14.30 so 5 quarters, a dime and a half in the silver proof set would have a $26.45 melt price. Then if you spend the cent, nickel and dollar you get $27.51.<br /><br />I bet if silver goes up 50 or 100 percent that's what will happen to those sets. You'll know if you find proof pennies in change!<br /><br />A better plan would be to give them to kids born those years and hopefully inspire them to start collecting so they can bid up the value of our collections!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-56156340419694090292010-09-16T10:15:22.073-07:002010-09-16T10:15:22.073-07:00I am a huge fan of gold, but we have come really f...I am a huge fan of gold, but we have come really far in a short time. This does not affect me as I own all my physical free and clear, but for those of you trading futures, it may be time to take a little off the table. Then again I could be completely wrong. Long term though, nothing has changed.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-77649113241032262302010-09-16T08:16:50.470-07:002010-09-16T08:16:50.470-07:00Funny post about interest in two-spouse presidents...Funny post about interest in two-spouse presidents only being in Utah...<br /><br />The reason for interest in the Liberty subset is that they are the best designed coins of the entire series. That is because they were designed (the obverse anyway) long before political correctness ran amok. They are classic designs; not political statements. Ironically, they are on coins that were politically motivated (the Spouse Series). What makes them desirable is that they DON'T include a spouse (or feminist).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-13153614772926107092010-09-16T07:21:26.140-07:002010-09-16T07:21:26.140-07:00Curious, zero interest here in "two spouse se...Curious, zero interest here in "two spouse set" (may be of interest in Utah).<br /><br />4:39 am: those underpriced 2000 silver mint sets are already on the rise today. Melt value 4 silver state quarters plus silver dime plus silver Kennedy half. Common date silver/ Walkers also on rise.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-48073091400976305252010-09-16T07:20:57.918-07:002010-09-16T07:20:57.918-07:00Curious, zero interest here in "two spouse se...Curious, zero interest here in "two spouse set" (may be of interest in Utah).<br /><br />4:39 am: those underpriced 2000 silver mint sets are already on the rise today. Melt value 4 silver state quarters plus silver dime plus silver Kennedy half. Common date silver/ Walkers also on rise.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-3327863463505627972010-09-16T06:44:49.846-07:002010-09-16T06:44:49.846-07:00I am curious as to whether any collectors have giv...I am curious as to whether any collectors have given any thought to the second First Spouse subset - Presidents who had more than one spouse while serving in the Whitehouse - admitedly there were only two - Tyler had two spouses as did Wilson. While I realize that the buzz around a Tyler/ Wilson/ subset will never rival a Liberty subset, but will there be any interest in a Tyler/ Wilson/ subset????<br /><br />CuriousAnonymousnoreply@blogger.com