- Mar 31, 2010
However, is the new proof key coming this year or next? I am a fan of Eric Jordan's idea of "relative scarcity". The current proof key (Garfield) is trading at least 50% above melt.
Don't misunderstand me though as I'm not telling you what to do and you should buy what you like, but IMO the uncs are the way to play the spouse gold with current issues. While we're on the subject I think it's also wise for bullion stackers to grab every single '07 Jefferson (unc or proof) and '10 Buchanan (unc or proof) they see if they're priced on melt. I think long term those coins will do alright being part of the 4 coin liberty subset, but you can still buy them now for a bit over melt sometimes. (I saw one dealer at FUN who had the Jeffersons for spot plus $15ea). Hoarding those coins at melt based pricing will probably be a very wise move in the future.
It's been a while since we've posted some related gold pr0n, so here's my favorite spouse pic: