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To: allmost

They come in 1/10, 1/4, 1/2 and 1 oz. That looks like a 1/2oz so they probably did OK but I would have given $550 for it based on the last spot price. Right now dealers are paying around $1100 for the 1oz coins. They usually pay slightly more for the smaller coins because they have to mint more for an oz. If that coin is a 1oz coin then the dealer totally ripped them off.


14 posted on 12/12/2009 5:25:44 PM PST by Ethan Edwards
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To: Ethan Edwards

Somebody dropped this in a bucket. The moral of stated company continues to amaze my jaded soul.


16 posted on 12/12/2009 5:28:48 PM PST by allmost
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To: Ethan Edwards
That looks like a 1/2oz so they probably did OK but I would have given $550 for it based on the last spot price.

It's was probably a small dealer, and only one coin, so the price is fair.
19 posted on 12/12/2009 5:32:35 PM PST by WackySam (To argue with a man who has renounced his reason is like giving medicine to the dead.)
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To: Ethan Edwards
How will gold ever be re-instated as a medium of exchange at these prices? For instance, what size 'coin' would I need to buy a twelve-pack?

With that in mind, could it be that the gov. would like to deflate the value of the currency enough to ensure gold may never make a comeback? How about a pack of gum?

20 posted on 12/12/2009 5:37:02 PM PST by budwiesest (It's that girl from Alaska, again.)
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