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FROM: http://biz.yahoo.com/wallstreet/080503/sb120976373490763575_id.html?.v=5 WallStreet Journal Precious-Coin Market May Lose Its Luster Saturday May 3, 12:18 am ET By Carolyn Cui The gyrations in gold prices have upended the market for precious coins just as a lot of new investors have rushed in. Coin sales surged for most of the last year as the price of gold and silver shot up. Buyers view coins as a way to hoard wealth and protect against uncertainty. And they are less bulky than a barrel of crude oil and more affordable than a gold bar. American Eagle gold coins, minted by the U.S. government, are selling at double last year's pace. Kitco Inc., a coin and bullion dealer in Montreal, warned in March of delays in filling gold orders due to a significant increase in the volume of shipments going out. Coin values have dropped in the last month as gold and silver prices cooled a bit. The price of the one-ounce Eagle, which peaked at $1,079.38 March 18, has dropped to about $900 Friday, according to Kitco. Dealers said coin sales also slackened in April. Friday, gold closed up 0.8%, or $7.20, on the Comex division of the New York Mercantile Exchange to settle at $856.10 a troy ounce, down 3.5% this week, and four of the past five weeks. Silver rose 1.6%, or 26 cents, to $16.3810 a troy ounce, also on the Comex. Price volatility isn't the only issue with precious coins. Nowadays, there are easier, and potentially more lucrative, ways to invest in precious _meta_ls than holding this ancient form of money. Wall Street has over the last several years rolled out a variety of new vehicles such as exchange-traded funds that hold physical gold but trade like stocks. ETFs offer a purer play on gold prices than mining-company stocks. And they are less tricky than buying gold futures, which have to be actively managed because they expire monthly. In addition, the rising interest in gold means some coin purveyors are aggressively hyping

FROM: http://biz.yahoo.com/wallstreet/080503/sb120976373490763575_id.html?.v=5 WallStreet Journal Precious-Coin Market May Lose Its Luster From a coin collector's viewpoint, precious coins don't necessarily equate to gold coins.  Gold bullion coins are most of what the author's point seems to be about.  As the price of gold is dropping, surely something will happen in the world to cause it to shoot up again, and anyone whos saves this article can trash it as obsolete.

Arizona Coin Collector < This e-mail address is being protected from spam bots, you need JavaScript enabled to view it wrote in message FROM: http://biz.yahoo.com/wallstreet/080503/sb120976373490763575_id.html?.v=5 WallStreet Journal Precious-Coin Market May Lose Its Luster From a coin collector's viewpoint, precious coins don't necessarily equate to gold coins.  Gold bullion coins are most of what the author's point seems to be about.  As the price of gold is dropping, surely something will happen in the world to cause it to shoot up again, and anyone whos saves this article can trash it as obsolete. The WSJ, Forbes, Fortune and many other financial journals publish a wide variety of articles on many forms of investment.  These articles are both pro and con .  Thus, these publications always have something to fall back on later, after some change happens, to prove that they were right or correct. Gold will do O.K. in both a deflationary or inflationary environment. That's more than you can say for the Wall Street Journal, as it has been recently bought out and inevitably a large number of staffers will get fired. oly

Arizona Coin Collector < This e-mail address is being protected from spam bots, you need JavaScript enabled to view it wrote in message FROM: http://biz.yahoo.com/wallstreet/080503/sb120976373490763575_id.html?.v=5 WallStreet Journal Precious-Coin Market May Lose Its Luster From a coin collector's viewpoint, precious coins don't necessarily equate to gold coins. Gold bullion coins are most of what the author's point seems to be about. As the price of gold is dropping, surely something will happen in the world to cause it to shoot up again, and anyone whos saves this article can trash it as obsolete. Current price listings and trends always change.  That part should be understood as a given in reading analysis articles like this.  There was a lot more to the article that won't quickly (or ever) become obsolete. +The WSJ, Forbes, Fortune and many other financial journals publish a +wide variety of articles on many forms of investment.  These articles +are both pro and con .  Thus, these publications always have +something to fall back on later, after some change happens, to prove +that they were right or correct. What makes you think that WSJ pretends to stake a claim to always being right in any news reporting or even in market analysis columns like this?  That's not the way it works in professional journalism - just with certain posters on blogs and newsgroups. +Gold will do O.K. in both a deflationary or inflationary environment. It usually does better with inflation than during deflation or stable money values, where often the best you can say is that it never goes to zero (or anywhere near it) and still is easily transportable in relatively small amounts.  As an investment it's a good hedge against inflation but other than that it's a mediocre long-term holding unless the first three priorities in your investing strategies are security, security, and security, while projected ROI is way down the list. +That's more than you can say for the Wall Street Journal, as it has been recently bought out and inevitably a large number of staffers will get fired. Q. Which proves what WRT this thread? A. It proves nothing, it was just an attempt on your part to discredit the source.

Arizona Coin Collector < This e-mail address is being protected from spam bots, you need JavaScript enabled to view it wrote in message FROM: http://biz.yahoo.com/wallstreet/080503/sb120976373490763575_id.html?.v=5 WallStreet Journal Precious-Coin Market May Lose Its Luster From a coin collector's viewpoint, precious coins don't necessarily equate to gold coins. Gold bullion coins are most of what the author's point seems to be about. As the price of gold is dropping, surely something will happen in the world to cause it to shoot up again, and anyone whos saves this article can trash it as obsolete. Current price listings and trends always change.  That part should be understood as a given in reading analysis articles like this.  There was a lot more to the article that won't quickly (or ever) become obsolete. +The WSJ, Forbes, Fortune and many other financial journals publish a +wide variety of articles on many forms of investment.  These articles +are both pro and con .  Thus, these publications always have +something to fall back on later, after some change happens, to prove +that they were right or correct. What makes you think that WSJ pretends to stake a claim to always being right in any news reporting or even in market analysis columns like this?  That's not the way it works in professional journalism - just with certain posters on blogs and newsgroups. +Gold will do O.K. in both a deflationary or inflationary environment. It usually does better with inflation than during deflation or stable money values, where often the best you can say is that it never goes to zero (or anywhere near it) and still is easily transportable in relatively small amounts.  As an investment it's a good hedge against inflation but other than that it's a mediocre long-term holding unless the first three priorities in your investing strategies are security, security, and security, while projected ROI is way down the list. +That's more than you can say for the Wall Street Journal, as it has been recently bought out and inevitably a large number of staffers will get fired. Q. Which proves what WRT this thread? A. It proves nothing, it was just an attempt on your part to discredit the source. If you enjoy believing the main stream media, that's fine.  But don't think that you aren't getting a biased viewpoint there - you are. They have an agenda too, and apparently you are a undiscriminating consumer. Gold does O.K. in a deflation because it is the only financial asset that isn't simultaneously another party's liability.  When corporations and individuals start to fail in droves, you will understand what this means, oly