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BDJ
03-25-2014, 03:59 PM
Hey guy's
Thanks for pointing out how foolish it would be to own one of the coins.
I was about to make a grave mistake. I was thinking about getting a few of these coins for my grandkids.

Thanks
starmac
03-25-2014, 05:25 PM
With the price of gold, will a metal detector even hit on a 5 dollar gold coin. lol
beagle
03-25-2014, 06:01 PM
Darn government will do anything to make money. Should have stopped making pennies years ago./beagle
MtGun44
03-25-2014, 07:30 PM
That is WEIRD!

Bill
tomme boy
03-25-2014, 07:35 PM
These are NOT made by the gov't. No $ value except to collectors.
MaryB
03-26-2014, 02:00 AM
Gold and silver value... at very inflated US mint pricing. And they are legal tender (b) LEGAL TENDER.—The coins minted under this Act shall
be legal tender, as provided in section 5103 of title 31, United States Code http://www.gpo.gov/fdsys/pkg/PLAW-112publ152/pdf/PLAW-112publ152.pdf
mikeym1a
03-26-2014, 02:09 AM
With the price of gold, will a metal detector even hit on a 5 dollar gold coin. lol

I think a $5.00 gold coin would be kinda hard to see, eh?
Blammer
03-26-2014, 08:44 AM
I still don't buy it.
MT Gianni
03-27-2014, 12:40 AM
No pic I can see but any kid that grew up by the tracks had curved coins.
MaryB
03-27-2014, 01:43 AM
If you don't mind paying $50 for an ounce of silver instead of $20 go for it and buy a couple. Depending on how many sell they could end up a collectors item down the road.
BDJ
03-27-2014, 04:34 AM
It's not an investment. They are for two little league baseball players. This will be my granddaughters last year in little league.

As an investment --- I think someone would have to hold them 20 or so years to make anything on them. Heck, I'll be dust by then.

The sole purpose of this post was for anyone to get a unique gift for an avid baseball fan, granddaughter/grandson or son/daughter.

As an investment ----- No Thanks
lylejb
03-27-2014, 10:04 PM
I think a $5.00 gold coin would be kinda hard to see, eh?

No, actually it's not.

A "$5 gold" American eagle coin is 1/10 oz gold, and is slightly smaller than a dime.

The $5 legal tender value is for protection of the coins under counterfeiting laws.

The current price of a $5 gold eagle is about $140, and changes daily with the price of gold.

The baseball $5 gold curved coin is just a hair under 1/4 oz gold, so about $325 worth of gold and about $100 mint premium

If you want a collectable, and think that coin is neat, it might be worth it. As an investment, NO the premium is too high.