Poll Question: How do you balance an interest in gold coin collecting with the rising cost of gold?

Balancing? I'll convince myself I am satisfied with what gold coins I have.

Larry Vann, Arkansas

Fortunately for me, I was collecting at much lower prices and now only very rarely. It has taken 20+ years for people to wake up to the fact that our dollars in our savings accounts are worth less nearly every day due to Govt spending and the Fed printing trillions every year. Gold, at least, has kept its relative worth no matter what period of time you want to compare it to the value of the $ at that point in time. Chuck Wollery pointed out many years ago in an ad for a gold company that gold not only holds its value but the $ buys less over the same time period. Sitting still for now. Rare Numismatic Gold Coins are the best way to collect gold, in my opinion.

Dwayne Helmuth, Simi Valley, Calif.

In my opinion, now is not the time to buy. It's more of a seller's market. Remember about 20 years ago when silver got to $50 and people (including me) were buying a lot at $35 and happy when it got to $50? Then what happened? Flop! And it stayed flopped for years until now. I hope gold doesn't do that, but I'm too skittish to buy right now. Too many eggs in one basket. $4,000 can buy me a few nice coins that won't go down.

Larry, Address withheld

I think the majority of collectors either don’t collect gold coins or they buy a few just to have a representative of them. For example, I do like the $20 coins in both types, Liberty and St Gaudens. However, it would be foolish of me to even attempt a complete St Gaudens collection, as it would cost many millions of dollars even without the 1933. But about 5 years back, I thought gold was very undervalued, and I bought about eight twenties in MS 63 and 64, half in Liberty and half in Saints, which turned out to be a nice investment.

I have attempted to put together a complete collection of Indian Head quarter eagles, but still need the 1911-D, which is the key date, and the 1914, as I buy them in 63 or 64 condition.

However, if gold does come back down a bit, I will try to acquire both of them.

The gold coin I would love to own is the two $50 1915-S gold commems from the SF convention, the round and especially the hex, which I think is the coolest coin; however, the mintages are tiny on each, and they will probably remain a reach for me, but either one would be a highlight of my collection.

Roy, Address withheld

I balance my collecting by looking for gold coins that have maintained their premium over time, despite the recent increase in gold prices. There are lots of coins for the “picking” if one searches in the right places.

J. T. Abie, Address withheld

Simply stated: I smile and enjoy the gold that I bought when the price was lower.

Jim Burnell, Colorado

The bullion "melt value" of the coins that I collect is only a very minor part of the price, at least so far...

Mike Markowitz, Facebook

Become more picky.

Matthew Polka King Popolopolus, Facebook