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Gold coins

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A few well-known gold coins.Note, in view of comments received - I'm tired of explaining:Please do not get hurt / upset / tense by the way I handle the coins.These are common BULLION coins, they are NOT rare / collectors / numismatic coins.That means their only value is in their weight, not their face condition.It means that they are handled and traded heavily by bullion dealers and (within reason) their face condition does not affect premium or spot price.Bullion coins and bars are traded for gold content and weight, not surface condition. All bullion is handled unprotected - because it's sold in large quantities, individual coins are not slabbed or protected.Every coin I buy has been handled/stacked/tipped/wrapped in rolls by previous bullion dealers, and most are heavily marked by handling. When buying bullion, this is really not a problem.If you're concerned about numismatic value/face condition of coins, don't buy bullion!And there are plenty of videos on youtube with coins in plastic slabs, you'll be happier there. Hope that clears things.

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: Westerndeep

Length: 09:51
Rating: 4.49
Views: 34943

Tags: bullion  coin  currency  gold  krugerrand  money  paper  silver  

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Video Comments

ElectricSpirit (November 30, 1999 at 12:00 am)
gold is my fav precious metal. I love the shimmering PING sound when a gold coin is droped.
aluminube (November 30, 1999 at 12:00 am)
Wow nice collection, im 14 and ive started bullion collecting, i have like 11, 1 oz silver bars, 5 SAE's, and a 2008 silver panda, i also have like a 1 n 2.5 gram gold bar, and a 2 1/2 gold peso, how bout sending me a few kruggerrands haha.
eenrick (November 30, 1999 at 12:00 am)
i wonder how much did u buy all those.
RAHobby (November 30, 1999 at 12:00 am)
Don't put your fingers on them!
Hopeful71 (November 30, 1999 at 12:00 am)
Lost count but that looked to be over $40,000 US in gold...hope you got that secured well :)I keep a couple in home safe but the rest are in the bank. Too easy for someone to walk off with something as valuable as your car but be completely untraceable and easily sold.
Inakamae (November 30, 1999 at 12:00 am)
These are my favorite coins *throws it back in the box*.Anyway, I have 2 1 dollar silver coins and I am happy with them =]
XxXjuan1116XxX (November 30, 1999 at 12:00 am)
in mexico you buy a house with 50000$i live in mexico
THEAIRLINES06 (November 30, 1999 at 12:00 am)
i live in Viet Nam (Ho Chi Minh City) i just buy a house with 30000$
XxXjuan1116XxX (November 30, 1999 at 12:00 am)
where you live
THEAIRLINES06 (November 30, 1999 at 12:00 am)
with that gold you can buy a house in my contry




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