Will My Income Ever Catch Up to my Dream?
Regarding the (now extinct) $5 Gold Eagle
Greetings again folks!!
One of my most prized coins is my $5 Gold Eagle MS70 ER that I purchased for $99 ($106 with shipping) I felt I got a great deal as this coin was one of the lowest gold coin mintages since the beginning of the Eagle program. I have watched the quoted value from NumisMedia grow on this coin to about $150 now, and I feel fairly certain the value of this coin will grow substantially over the years.
When I purchased the $5 Eagle, I was hopeful that one day I would be able to shoot for a complete set of said coins in the future, but with gold now at a huge increase, looks like I may never have a shot at that goal...unless I win the lottery or something!
One could debate as to whether the gold prices will rise or fall, and since I am not an economist I will not even venture to guess on the future of that metal. But, I will say that I hope I will find the $5 Gold Eagles affordable again, whether that means I am making more money, or the prices get reasonable again, either way I would be happy.
Funny thing about my $5 Gold Eagle. When I first held it in my hands, I was so unimpressed with it. such a tiny coin compared to the Silver Eagles I was used to seeing arrive in my mail...but now, it has grown on me, and I feel it is a very special coin to have.
I am glad I got it when I could.
All the BEST!!
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