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09-08-2005, 08:25 PM
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#1
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King Salmon
Join Date: Sep 2003
Location: Boring, OR
Posts: 14,611
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Question for coin experts
Today, as a 5 year employment appreciation award, my employer presented me with a 1999 $25 Golden Eagle Coin - 1/2 ounce fine gold. Near mint to mint condition. Now, I know that 1/2 ounce of gold is a lot more than $25. How do I determine its value and where might I redeem it if I decide not to keep it?
Thanks,
CrF
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I'm on vacation until I get back.
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09-08-2005, 08:28 PM
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#2
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Ifish Nate
Join Date: Jan 2004
Location: Woodburn
Posts: 2,798
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Re: Question for coin experts
Isn't an once of gold $500?So half of that.Somebody would no dout pick it up here on ifish!
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09-09-2005, 12:02 AM
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#3
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Steelhead
Join Date: Mar 2001
Location: WA
Posts: 492
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Re: Question for coin experts
Do a google search for "$25 gold coins".
I found one site selling 1/2oz $25 pieces for $270. I purchased some 1oz American Eagle coins just to keep as an investment a few months ago. The price of bullion coins follows the price of gold, which is somewhere around $440 per ounce now, plus a small markup.
Dollars can become worthless someday. Gold will not.
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Sleep, fish, work. Sleep, fish, work. Sleep, fish, work. Sleep, fi.....
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09-09-2005, 04:50 AM
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#4
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Tuna
Join Date: Aug 2002
Posts: 8,117
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Re: Question for coin experts
__________________
Oregon Yellowtail 2010
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09-09-2005, 06:51 AM
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#5
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Ifish Nate
Join Date: Jan 2004
Location: Woodburn
Posts: 2,798
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Re: Question for coin experts
Quote:
Dollars can become worthless someday. Gold will not.
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Not to get off the thread but for y2k,I didn't buy gold pieces to trade ,I bought a case of shells for my ak47.
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09-09-2005, 08:00 AM
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#6
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Steelhead
Join Date: Oct 2004
Location: Portland
Posts: 452
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Re: Question for coin experts
I would agree with keeping it. For birthdays every year would get me the uncirculated sealed set for the year and for Christmas, I would get one of the "special" ones, a real silver dollar or gold piece. Now I have them all saved in a special place...Although I suppose if it was from an employer, there wouldn't be any sentimental value...
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09-09-2005, 08:05 AM
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#7
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King Salmon
Join Date: Sep 2003
Location: Boring, OR
Posts: 14,611
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Re: Question for coin experts
I'll probably hang on to it - at least for the time being. It was a neat gift and I guess symbolizes my contribution to the company for the last 5 years. However, it may get me a round trip ticket to Alaska.   Thanks for the input!
CrF
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I'm on vacation until I get back.
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09-09-2005, 08:13 AM
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#8
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Tuna!
Join Date: Aug 2002
Location: Wenatchee, Wa
Posts: 1,375
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Re: Question for coin experts
Great present! Congratulations...you work for a great company!!!
I have a collection of proof, uncirculated, and circulated coins that I've collected over the last 25 years. Anybody have any recommendations of shops that give fair buying prices for coins? Thinking about turning my coins into "dollars".
__________________
...."the clock looked at me just like the devil in disguise".......
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09-09-2005, 02:48 PM
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#9
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Tuna!
Join Date: May 2003
Location: Salem area, Oregon
Posts: 1,821
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Re: Question for coin experts
You`re a lucky guy Chromie! Where I work, you only get a 2 inch square of brass for 20 years!  Hang onto it. It might go up in value like gasoline someday! :grin: Ff
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Chromaflage
