1 oz Gold Coin On Ebay Going For Above $1,250 right now

[wtc911coins]

I was just checking on the 1 oz gold bullion on Ebay to see what gold was doing and right now you don't get any 1 oz bullion coin below $1,250. I know the ebay fee is part of it but still. It shows me what way we are doing.

 

What do you guys think

[dooly]

Keep away from gold at the moment is what i think

 

$1,250 would get you a belting shield nickel at the moment (thumbs u

[RareSov]

Only way is up. Gold will break $1000 soon and then there is no telling what might happen. The journey to 1100 or even 1200 could be very quick.

 

The numbers lie about the economy. It all seemed so strong only a year ago. How about 2 or 3 years ago ? Gold doesn't lie. Its been rising $100 a year for ages now, and accelerating.

[Old Pueblo]

Positive economic news will send gold down the elevator.

Some folks believe the stimlus package will be inflationary (i do) and that gold may well be on track to 2000 per oz.

Careful with the bullion coinage

[Oldtrader3]

All bullion coins are overpriced in the current market of uncertainty. I am not buying generic gold coins at the high dealer premiums in place currently.

[Conder101]

Its been rising $100 a year for ages now, and accelerating.

$100 a year for ages? A bit of an exaggeration

2/17/09 $970 An increase of $65 over

2/17/08 $905 An increase of $238 over

2/17/07 $667 An increase of $115 over

2/17/06 $552 An increase of $125 over

2/17/05 $427 An increase of $12 over

2/17/04 $415 An increase of $68 over

2/17/03 $347 An increase of $50 over

2/17/02 $297 An increase of $38 over

2/17/01 $259

 

So ages seems to be about three to four years and the big acceleration was over a year ago for 2007 to 2008. The 8 year average is $88 dollars per year but if you include more years it gets worse. To get the $100 per year figure you can only use the data from the past five years. Four years gets you $130 per year, but the smaller your time period the more likely you are seeing a blip rather than a trend. (Such as the very small increase for the past year as compared to the year before.)