Poll Question: Are you shifting your gold collecting strategy due to the current market – buying fractional coins, looking for deals, or waiting it out?

May 16th poll respondents are split amid high prices and market uncertainty—some are cashing in or waiting it out, while others are shifting their strategies.

I bought quite a few double eagles when gold was in the 1,200-1,400 range years back, when I thought gold was undervalued and you could buy them close to bullion price slabbed in MS 63-64 grades. I have not bought any gold coins since gold passed 2,500. I think gold is so very high now, partly as a reaction to Trump’s dumb tariffs, which will cause inflation and large job losses, and partly because central banks in India and China have been buying large quantities of gold bullion.

I think the price will settle out now and trade in the 3,000-3,300 range, but I think it will head much higher when the public sees the disaster that Trump’s trade policies will do to the economy. I would then expect gold to possibly hit 4,000. I will stay on the sidelines and buy the silver and copper coins I need for my collection and mostly avoid gold.

Roy Herbst, Address withheld

I have been rebalancing my collection, selling better date foreign coins from the 1800s and Mexican Libertads 1.205 oz near spot. Holding onto better date pre-1933 gold, waiting for premiums to pick up.  With the dollar 10 percent weaker, I am not too concerned about prices dipping below $3,000/oz.

Jim, Michigan

This is probably a good time to take some exposure off the table and take a profit. Then wait and see. It was not that long ago we saw gold not hold above $2,000 per ounce.

Gary Burhop, Memphis, Tenn.

I decided to put together another set of Indian Head $2.50 gold pieces. Buying fractional gold, in other words.

Mike Thorne, Mississippi