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Universal Coin & Bullion President Mike Fuljenz on the worth of gold coins at the World's Fair of Money.
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I will gold as switches -- for -- is headed higher US names now halting its online sale of gold collector points.
Like the buzz this year's world's fair of money the world's largest gathering of coin collectors and Jeff Flock is there Rosemont Illinois near Chicago.
Checking out the Seacrest and Jeff people really looking to -- these historic points because of the price of -- It -- that's why they cut off the sale of collector points because the price of gold got so close this place incredible world spare money all sorts of money your silver gold.
Foreign points Paper money.
Just incredible to think you're actually right the focus is on gold and actually is a -- potentially diversified portfolio.
Beyond buying bullion know.
Buying coins in -- -- fortunes actually wrote the book on the collection of gold coins and Mike thanks for the time and thanks for letting me.
Dick my fingers into -- and you're piles of gold your look at this what are my look at.
You're looking at double Eagles twenty dollar liberty gold points issued from 1877.
To 1907 they have almost a full -- -- pure gold in them.
That means this coin it is a -- lots of pure gold that's worth.
About what to go almost to -- most about 2000 dollars of about 17150.
To 17180 and gold and it.
Is this and viable way to diversify my portfolio right now I mean you -- -- will get -- explain that has allowed people understand -- to think bullion and gold point.
Will bullion coins are sold -- -- small premium over spot or melt gold so American Eagle gold bullion points the most popular they -- about 5% over spot.
These are what would be called numerous backer collector gold points but they are the most common ones so they sell -- about ten to 15% over gold spot.
What else -- see and hear what -- have -- gotten.
-- here we have the -- gardens double Eagles.
-- Designed these and they were issued in 1907 and the last issue was 1933.
There was just -- court battle over the 1933 being legal -- And in terms of what legal loan and and stuff that He might have a Chris is not a collector of -- coins but a lot of this but that's silver like roles of silver.
You know.
Dimes and quarters.
If you've got those is this a good time to actually liquidate.
Well it's a good time to consider it.
But make sure you go to a reputable dealer BBB accredited leading organizations those sober quarters major dealers hero pay 2528.
Times face.
So let's say a -- is worth two dollars and eighty cents a quarter.
It's worth over six and a quarter so don't sell them for three times face a four time space because they have a big newspaper -- Find a major credit dealer and you get 25 times thanks for me look for -- real quick show -- this one that's worth fifty grand is that worth which one is which ones -- The regional saying gardens the first group that was struck that -- gardens one it struck in high relief struck four to seven times to bring out all the detail.
This particular point is in high grade.
Certified by one of the two leading -- services.
50000.
Dollars.
You should a collected when you're young there mister Carter well.
And still -- it literally to this day Jeff.
I hated the way the markets are going in all this uncertainty volatility.
And the big banks are -- 500 dollars now it's a nice gold so there's which I think it's a.
