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Message: if you're ever going to buy a gold coin...

if you're ever going to buy a gold coin...

posted on Jan 23, 2009 09:19AM

this is the one to get: the 2009 ultra high relief $20 gold piece. it went on sale yesterday, and currently there is a limit of one per person, or dealers would buy up all of them. it costs us$1189, which is about a 25% premium to the gold price, but that isn't much more than bullion coins sell for these days. this coin's value will not be tied directly to the gold price, as there should be strong collector demand for it.

also, for anyone concerned about gold confiscation, this coin should be exempt. if that ever happened, the authorities would probably be interested in bullion-type coins like the eagle, maple leaf, krugerrand and sovereign. the ultra high relief coins have numismatic value, and the us mint is marketing them as such.

http://catalog.usmint.gov/webapp/wcs...

http://catalog.usmint.gov/webapp/wcs...



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