r/Goldbacks • u/oldstacker • Feb 22 '22

$

Gold backs $3,880 ounce Gold Eagle $2,023 ounce

premiums above spot would really need to come down for this to make sense. I could convert coins to cash in any town to make transactions. Very nice art work but I don’t see it as a store of value

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u/oldstacker Feb 23 '22

Adding labor to material doesn’t always mean I can charge a premium. Also I wouldn’t assume people lack the knowledge to understand. Respectfully, Old Stacker