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Coin and Paper Money Collecting/2.5-oz. 2008 Humbert Pure Gold Commemoratives

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Expert: Dan Moore - 5/7/2009


Question
Would you please, give your input regarding investing in such a coin ? I am interested in purchasing one. Please Advise.
Thank you.

Answer
Cee,

I'm not familiar with that exact item, but I can tell you that you should not pay any significant premium over the gold value for it.  i.e. if there is approx $2300 worth of gold in it, if you pay more than $2500 for it, then you've paid too much.  When you go to sell it, you are only going to get its gold value, and there are plenty of other gold coins/bars out there that you can buy at gold value.

I hope this helps,

Dan

Coin and Paper Money Collecting

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Dan Moore

Expertise

My strong familiarity with all U.S. Mint coins, extensive reference library, and close relationships with many other dealers allows me to identify just about any coin made in the USA. I receive regular updates to all the current price guides -- both wholesale & retail -- to provide accurate values. So, with a good description or pictures, I should be able to identify and value any U.S. coin you have.

Experience

I've been a coin dealer since the 1980's and a coin collector since the 1960's. I specialize in U.S. Silver Coins and have an active online website -- The Working Man's Rare Coins -- http://www.workingmancoins.com -- offering information and inventory in U.S. coins.

Organizations I belong to :
American Numismatic Association Member #187770
Michigan State Numismatic Society Member #8255
Florida United Numismatics Member #19710
Monroe Coin Club Treasurer
Lincoln Coin Club Board Member
WINS Member #14
CoinMasters Member #1814

Frequently Asked Questions :
I have created a Frequently Asked Questions page on my website, where you may be able to get an immediate answer to your question. You can find the page here :
http://www.workingmancoins.com/FAQ/index.htm


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