Comments on: I Bought My First Gold Coin!

By: J. Money

J. Money — Wed, 11 Apr 2012 14:30:15 +0000

Jealous! :)

By: Megan

Megan — Wed, 11 Apr 2012 12:51:43 +0000

I most certainly do!

By: J. Money

J. Money — Tue, 03 Apr 2012 18:28:35 +0000

Haha, good! Do you still hit up that Mint store down in Chinatown at all? I wish I lived nearer so I can hang out there every now and then ;)

By: Megan

Megan — Tue, 03 Apr 2012 13:48:11 +0000

This makes me very happy :)

By: J. Money

J. Money — Mon, 02 Apr 2012 00:32:14 +0000

I guess that’s where the extra $$ makes it worth it – the “cool” factor ;) I love looking at it! Def. worth something.

By: Matthew Doyle

Matthew Doyle — Fri, 30 Mar 2012 05:15:42 +0000

I am not really worried about everything being digital, but I do think that gold pieces are a good investment. The only problem I see is the spread or commission you pay to purchase and sell gold really hurts the ROI. Diversifying is very important and adding gold can’t hurt. Like Tyler S. said that is a lot for ounce of gold, but it is pretty cool.

By: J. Money

J. Money — Fri, 30 Mar 2012 01:02:45 +0000

@Tyler S. – I know!! Real freaky if something should happen later… bleh.
@Einstein – Haha yeah – it’s def. a fun buy/investment ;) Doens’t do much but it sure looks pretty!
@Christopher @ This That and The MBA – Hah! Beleive me, if I’m buying bars I’m not gonna be blogging about my net worth anymore ;) I don’t see myself going that route though anyways unless I hit the millionaire one of these days (Mega Millions is up to $500 MIL btw! Crazy!). I don’t believe in the apocalypse THAT much ;)
@Stephanie – I think that would be worth something in a worst case secnario ;) And in the meantime you can enjoy the beauty by wearing ’em! Unlike my coin, haha…
@Jules – Woahhhh really? That is so cool! And yes – you better remember some time in case something shall happen! Haha… I remember a story back in the day where the dad died and the kids found THOUSANDS stashed away up in the attic and no one ever knew about it (or *how* he came across all that money). Guess he didn’t have time to explain :(
@Modest Money – Right now it’s more of an insurance/curiosity kinda thing, but I’d consider selling it for sure if the timing/price was right. But more than likely I’ll keep it and hand it down to future generations :)
@Nick – Oooooh I’d love to see one of those things in my collection! Wanna sell one to me? Haha… I still have my GLD funds too (and a lot more of it), but something cool about being able to hold it in real life :)
@John | Married (with Debt) – Ya never know ;)
@Leigh – I actually agree with you 100% :) Though not sure it’s at the peak here – people have been saying that for years, even when it was at $800/oz. But yeah – as of today I def. bought at the high point.
@Squeezer @Personal Finance Success – True that, but I can use the gold to buy guns and food and all ;) To someone who wants to then use the coin for something that’s important to them (there will still need to be some sort of universal “money” I’d imagine – not everyone would want to trade him something for his guns if they already have enough).
@SavvyFinancialLatina – Hehe, yup! It’s nice to cross it off the list :)
@Jen @ Master the Art of Saving – Haha… yes, but can I jump into mine a la Scrooge McDuck like you can? Nope ;)
@Evan – I’m pretty sure if it came to that, you’d gladly have my coin that 1 gun when I could by like 20 w/ it ;)
@Kevin @ Thousandaire.com – Ooooooooh I am so interested in that!! Just read your post – that is great man. I am SO going to do that one day! haha… a bag of cool coins like that??? Shoooooot… even w/ the world remaining in tact, that would be awesome to have :) Thanks for the info my brother, you’re a smarty.
@The Happy Homeowner – Oddly enough I just bought a skull and crosbones pirate flag ;) Arghhhhhh…
@Jefferson – Haha, I can understand that :) Luckily this thing came in that big box you see there, and the coin itself is inside some plastic thingie so I can’t even touch it! Haha… probably a good thing though cuz I’m sure I’d smudge it all up and what not… but def. hard to lose unless I forgot where I hid it or something.
@Emily McCormick – I love ancient ones too! Much more cooler in my opinion, but I guess they don’t satisfy the “gold” part of this latest experiment for me :) But for pure “awesomeness” – I’m totally with you there.
@Edward Antrobus – Wowww totally!! Back then gold was SUPER cheap :) I wonder if Goldschlager gets more expensive as gold rises? Haha… if you’re a liquor drinker you’ll know what I’m talking about.
@cashflowmantra – Haha yea. Win-Lose situation or Lose-Win situation :) Guess that’s what hedging does for ya…

By: cashflowmantra

cashflowmantra — Thu, 29 Mar 2012 17:11:51 +0000

That is a very nice looking coin. I hope that gold continues to rise for a while so that your purchase ends up being the right decision. Although, if you lose your shirt, maybe the economy is going strong with low inflation.

By: Edward Antrobus

Edward Antrobus — Thu, 29 Mar 2012 15:11:38 +0000

In high school,my sister went on a trip to Alaska and brought back as a souvenir for me a vial of gold flakes in water. It was about 1/10 of an ounce of gold. They actually sold it for less than the spot price of gold. It was $10. Unfortunately, I lost it in a move, because now that $10 investment would be worth 16X as much!

By: Emily McCormick

Emily McCormick — Thu, 29 Mar 2012 12:16:56 +0000

We’re a coin collecting family, and my husband is dreaming of the day that he can get a gold coin much like you have – but we’re waiting. The price of gold is just so high now.

I like ancient Roman coins myself, but that’s how I roll.

The coin is beautiful.