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SS Central America Octagonal Humbert $50 Gold Commemorative 2.5 ounce gold coin is it worth buying?
Hi, they are selling this coin (2.5 ounce gold) for $2,800.00 melt price
around $3,400.00. Introducing The “SS Central America Octagonal Humbert $50 Gold Commemorative” does this coin have any collector value or just gold price? http://www.zoomcoin.com/rare-coin-ne...commemorative/ Thanks, |
#2
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SS Central America Octagonal Humbert $50 Gold Commemorative 2.5ounce gold coin is it worth buying?
On Jun 11, 10:18*pm, "jack" wrote:
Hi, they are selling this coin (2.5 ounce gold) *for $2,800.00 melt price around $3,400.00. Introducing The “SS Central America Octagonal Humbert $50 Gold *Commemorative” does this coin have any collector value or just gold price? http://www.zoomcoin.com/rare-coin-ne...ing-the-ss-cen... Thanks, While it appears to be a legitimate 2.5 oz. of gold (more of a token than a coin), I would suggest buying it for no more than melt. Watching the video reminded me of all of those "guaranteed 100% pure silver/gold layered proof" crap tokens you see advertised on late- night TV. Like always, do your homework before you drop any major bucks on something like this. Jerry |
#3
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SS Central America Octagonal Humbert $50 Gold Commemorative 2.5 ounce gold coin is it worth buying?
"Jerry Dennis" wrote in message ... On Jun 11, 10:18 pm, "jack" wrote: Hi, they are selling this coin (2.5 ounce gold) for $2,800.00 melt price around $3,400.00. Introducing The “SS Central America Octagonal Humbert $50 Gold Commemorative” does this coin have any collector value or just gold price? http://www.zoomcoin.com/rare-coin-ne...ing-the-ss-cen... Thanks, While it appears to be a legitimate 2.5 oz. of gold (more of a token than a coin), I would suggest buying it for no more than melt. Watching the video reminded me of all of those "guaranteed 100% pure silver/gold layered proof" crap tokens you see advertised on late- night TV. Like always, do your homework before you drop any major bucks on something like this. Good points. I made a mistake the melt price is only about $2,400.00 not $3,400.00. It's a gold token, not coated, I know the company and I know the company, odessey marine, that found it but I think it's selling for way too much. |
#4
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SS Central America Octagonal Humbert $50 Gold Commemorative 2.5ounce gold coin is it worth buying?
I would say if you like it, get it. Ron Landis is an exceptional die-
maker. The piece is a work of art. Don't buy it for an investment just buy it for the craftsmanship. Gold jewelry and Rolex watches are marked up 1000 times over melt. Why should minted collectibles be given away for melt value? On Jun 12, 9:01*pm, "jack" wrote: Good points. *I made a mistake the melt price is only about $2,400.00 not $3,400.00. It's a gold token, not coated, I know the company and I know the company, odessey marine, that found it but I think it's selling for way too much. |
#5
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SS Central America Octagonal Humbert $50 Gold Commemorative 2.5ounce gold coin is it worth buying?
On Jun 12, 8:43*pm, MKW wrote:
I would say if you like it, get it. *Ron Landis is an exceptional die- maker. *The piece is a work of art. *Don't buy it for an investment just buy it for the craftsmanship. *Gold jewelry and Rolex watches are marked up 1000 times over melt. *Why should minted collectibles be given away for melt value? On Jun 12, 9:01*pm, "jack" wrote: Good points. *I made a mistake the melt price is only about $2,400.00 not $3,400.00. It's a gold token, not coated, I know the company and I know the company, odessey marine, that found it but I think it's selling for way too much.- Hide quoted text - - Show quoted text - It's NOT a collectible. In fact, valuable gold artifacts were destroyed to create this abomination. oly |
#6
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SS Central America Octagonal Humbert $50 Gold Commemorative 2.5ounce gold coin is it worth buying?
Anything thats collected is a collectible. The sculpting and
engraving resembles the original, Ron Landis ran the Gallery Mint Museum...they know a thing or two about reproductions. Not everyone collects exclusively used old US coins. Or one can just by the original for $100,000 yeah right. I am sure the gold that was melted was common enough so that some can be preserved. Its like the silver recovered from the World Trade Center. There was a lot to go around. On Jun 13, 2:47*am, oly wrote: It's NOT a collectible. In fact, valuable gold artifacts were destroyed to create this abomination. oly- Hide quoted text - - Show quoted text - |
#7
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SS Central America Octagonal Humbert $50 Gold Commemorative 2.5 ounce gold coin is it worth buying?
"MKW" wrote in message ... I would say if you like it, get it. Ron Landis is an exceptional die- maker. The piece is a work of art. Don't buy it for an investment just buy it for the craftsmanship. Gold jewelry and Rolex watches are marked up 1000 times over melt. Why should minted collectibles be given away for melt value? Good points. Thanks for the reminder. |
#8
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SS Central America Octagonal Humbert $50 Gold Commemorative 2.5ounce gold coin is it worth buying?
On Jun 11, 9:18*pm, "jack" wrote:
Hi, they are selling this coin (2.5 ounce gold) *for $2,800.00 melt price around $3,400.00. Introducing The “SS Central America Octagonal Humbert $50 Gold *Commemorative” does this coin have any collector value or just gold price? http://www.zoomcoin.com/rare-coin-ne...ing-the-ss-cen... Thanks, Buying this item well "back of melt" would be even better. It's an abomination, a pure commercial perversion of everything that a real numismatist would actually value. Real historical artifacts from the California 1849 Gold Rush era were destroyed to produce this. oly |
#9
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SS Central America Octagonal Humbert $50 Gold Commemorative 2.5 ounce gold coin is it worth buying?
Buying this item well "back of melt" would be even better. It's an abomination, a pure commercial perversion of everything that a real numismatist would actually value. Real historical artifacts from the California 1849 Gold Rush era were destroyed to produce this. The only made 350 token a couple of years ago but still have about forty for sale. |
#10
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SS Central America Octagonal Humbert $50 Gold Commemorative 2.5ounce gold coin is it worth buying?
Its a beautiful medal. Unlike some would like, you can't expect a
company to spend thousands on sculpting and tooling then sell the medals at or below melt...and stay in business. The margin with the selling price isnt as high as the basic household goods you buy at Wal- Mart..or a MacBook pro. On Jun 11, 10:18*pm, "jack" wrote: Hi, they are selling this coin (2.5 ounce gold) *for $2,800.00 melt price around $3,400.00. Introducing The “SS Central America Octagonal Humbert $50 Gold *Commemorative” does this coin have any collector value or just gold price? http://www.zoomcoin.com/rare-coin-ne...ing-the-ss-cen... Thanks, |
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