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RE: My two new babies

in #numismatic4 years ago (edited)

It's valued in my 2015 Coins of Canada book (must really get a new one) as $130CAD. Gold was about $1500CAD/ounce in 2015. It is $2268.55CAD today. The value of gold in the coin is $90.72CAD at today's spot price. They cost me $140CAD each.

So taking the 2015 collectable price gold would have to rise 43% to have the spot and the collectable values equal. My bet is that inflation will see gold value rise drastically in the next year or two at least against non-USD fiat.

The great part of being a numismatic is that one loves to have the coin just for the coin's sake regardless of investment outcomes. 😎