Buying and Selling Gold Bullion Coins

From the Aug. 7 Numismatic News e-Newsletter

Have you bought or sold gold bullion coins during this modern-day “gold rush?” Why or why not?

Here are some answers sent from our e-newsletter readers.

No. Firstly, I wasn’t looking to buy at this time, and secondly, the gold I have is still worth more numismatically.

Mike White
Lake Dallas, Texas

Is silver going to catch up with the growth of gold? Who knows what tomorrow will bring. We purchase and sell every day, as most coin stores here in America. We just were sold out before the market crashed back down.

Richard Schornak
Integrity Coin Store
Poquoson, Va.

Yes, I did buy gold from the Mint, two 1-ounce gold high-relief coins.

Richard Becks
Green Bay, Wis.

Sold, maybe. Bought? No way!

David Wyndoze
via Facebook

No, I have not made any gold purchases in this time of lower income.

Name and Address Withheld

I do not think it is too late to buy gold according to the experts. They think gold could go up to $3,000 an ounce. I guess you need patience If you have gold, hold onto it if you can.

Name and Address Withheld

No, because eBay now charges almost 10 percent tax when I buy money on their site. This is grossly corrupt.

A government that is stealing my purchasing power via counterfeiting currency should not be allowed to tax real money (gold and silver).

Craigslist sellers are asking absurd premiums above spot. So, again, no. If there were a fair marketplace for precious metals, I would be increasing my holdings, but there is not.

Name and Address Withheld

I sold a $20 gold coin last month.

Name and Address Withheld

Yes, we purchase and sell daily. Up or down we buy and sell. To hear some customers tell it, gold is going to $3,000 and silver is going to hit $100.

Carl Hornberger
Integrity Coin Store
Poquoson, Va.