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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Richnorth who wrote (77863)	10/2/2001 6:51:30 PM
From: jim black	Respond to of 116759

If one is looking for a low premium coin one might consider if available the Austrian 100 Corona or the Hungarian 100 Kronen, each restrikes from early 1900's, each with 0.9802 oz gold. I have held the ones I have for 20 years and have been surprised at the low spread I see quoted. In 1975 counterfeiting was not much of a problem. Others I have with low spread (again if you can find 'em) are Mexican 50 Pesos each with 1.2 oz of gold, handsome coins, klunky, reassuring. A carefully crafted tungsten core with a gold plate might be quite troublesome and having to melt coins down is ultimate test, the major reason I will not buy bars from anybody. Back in the 70's we used to have to take the meltdown and assay fee, usually about 10% of the value of the gold. If the price of gold goes thru the roof it probably won't make a damned bit of difference what you buy now and at what spread price. Jim Black