Lower spot prices for Gold has brought buyers in for the 2013 Gold American Eagles from 40 % to 80 % from a July report from 2012. Final sales are not in yet, this is the number I would want to see for buying coins that have an exceptional chance of gain`s. I do not look to flip coins, my preferance is 5 years holding minimum. The odds of gaining greatly in 1 year depend on selectivity. Mostly my approach is with American Eagles gold and silver and a high preferance with Buffalo`s. My preferances al always side with proof coins that are graded and slabbed. Trends speak for themselves on a comparative basis. Read on and other posts will speak of them. More info on grading companies and demand have been on prior posts.
On occassions, like 2008 there was a wide variety of coins that attracted me with exception. Will a select coin or set gain popularity, a field I focus on rather than mintage. Popularity by the masses and low mintage is a indicator. Like the low mintages of Buffalos and Bald Eagle 3 coin set. Purchase price is a factor also. After the mint sold out the 3 coin bald eagle set, demand was after the Buffalos leaving the bald eagle set susceptable to less bidding. Sets were bought for less that the mint price for a short time. This is where flipping can lose money. The mintage was right though and an attractive coin to boot. The buffalos were an exceptional return. Although I did not care for the mintage of the UHR`s in 2009 that return would have been very generous. 2012 another year this time with the W Gold Eagle Proofs with the 4 coin fractional set. An all time low for mintage. Mintage amounts for the various fractionals was another key. I will be posting updates with new prospects as the year moves forward and for coming years. There will be no post until I feel the time is right on any select coin or fractional.
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