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Gold Coins

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Lobo
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Gold Coins

Post by Lobo on Mon 19 Oct 2015, 11:23 am

Gold Coins

Posted on October 18, 2015 by Martin Armstrong


QUESTION: Hi Martin, What advice can you give for buying gold coins? Rare coins can have a small or large premium based on all sorts of metrics. How do premiums perform in crisis? Are very rare coins a good strategy? What percent of net worth would you advise in metals?
Thanks for a great blog,
RH
ANSWER: Stay away from premium dates and high grades. If you are buying U.S. coins, stay with common dates and circulated is just fine. No MS65 stuff and try to stay with $5, $10, and $20 coins. Premiums will decline with rising gold prices and expand with declining prices.
This entry was posted in Gold and tagged Gold Coins, purchasing gold coins by Martin Armstrong. Bookmark the permalink.
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sassy
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Re: Gold Coins

Post by sassy on Mon 19 Oct 2015, 2:06 pm

That's interesting, thanks

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