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physics-fan3.14

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Posts posted by physics-fan3.14

  1. Nice p/u's jason, lee, devon and kb... hey physics i almost bid on that 57 thinking you wouldn't being it had prongs on it. :baiting:

     

    Honestly, I almost didn't bid on it for just that reason. But then I had to balance that with my need for a 57, and when I saw it get to the last minute at that price, I had to. I hate the prongs, and I hate that I was forced to buy one. I'll have to see how the coin looks when I get it, and if it isn't everything I expect maybe I'll sell it to you ;)

  2. Just got this off the bay for a really good price. I've been looking for one for a very long time, its one of the harder Franklin FBL's to find. These are seller's pics, I'll put mine up on my registry page when I get it in hand. I'm thinking it is much more attractive than these pics suggest - there seems to be at least some reds on the reverse.

     

    This is an NGC MS-65 FBL. I hate the holder, but I had to get it.

     

    3291308-009O.jpg

    3291308-009R.jpg

  3. That does help, Jeff.

     

    I'll just list a couple of things I've heard about this official gold price, and ya'll can debunk at will:

     

    I've heard there is a website where the price is listed, and updated occassionally?

    I've heard that in the case of a future gold recall by the government, this is the price they would pay?

    I've heard that if someone does demand to trade in gold for cash, this is the price the treasury will pay?

     

    Keep in mind that these all come from my dad, who could actually be certified as crazy. He also loves ludicrous conspiracy theories (he insists the moon landing was filmed in New Mexico, among other things, just to give you an idea).

  4. The Fed pays USD for gold? Is that at the ridiculous "official" price of $42.22 per ounce or the real market price?

     

    Could someone please elaborate on this? Where did (does?) this price come from? How often is it updated? What is the purpose of this price? What is the history of this price?

     

    I have heard a number of conspiracy theories regarding the so-called "official price" of gold, and I'm hoping someone (with sources, please) can clear it up.