I very much enjoy a nice cold coin especially many of the early designs, but even some of the modern designs are very nice and present well. As the price of gold has jumped up significantly I have curtailed most of my buying on the hope that what goes up must come down, at least that is what I am hopping for anyway. However a couple of nice opportunities did present themselves over the past year and I did pull the trigger on a nice XF $3 gold piece and just a week ago on an AU $1 Liberty Head coin. As a side note I cannot fathom what anyone was thinking by coining such a tiny coin, I see no way in the world that these could have circulated without being lost constantly. The $3 coin is graded by PCGS and on a whim I sent it in to CAC with a group of coins where it was blessed with a green bean. The most recent $1 coin was bought raw to place in my raw AU gold type set, I actually have a PCGS holdered example but just couldn't bring myself to break it out of the old green label holder to put in the raw set. So now I need just three coins to complete the set; an Indian head $1 (which again I have one in an old holder just not willing to break it out), an Indian head $10 coin, and a double eagle.
But two of those are rather expensive at current levels and prices would drop quite alot if the spot price continues to slide down as it has been doing recently and were to approach the levels we were at a year or two ago. So what are your thoughts, are you buying at current levels or are you like me and for the most part taking a wait and see stance on buying gold coins.