Poll Question: Do you think gold coins are still a good value at current prices? Why or why not?
From the June 13, 2025, Numismatic News e-Newsletter, most readers agree that gold coins remain a strong long-term value—despite the sting of current prices and concern for new collectors.
Well, it hurts the wallet, but if you want to play the game, you’ve got to pay the price!!
Name and Address withheld
Well, yes, if you're thinking about keeping them long-term. Today’s price will be much higher in time. On Dec. 31, 1974, gold was $154.00. In 50 years, it will be up to its highest on April 22, 2025, at $3,500.05. So, in 25 or 50 years, it may be double what it is now. But short-term, it's not a good value. The lowest was $112.80 in Aug. 1976.
It's going to get higher this year. But will fall again, but how low really depends on what’s going on in the world. In the future, gold may have no value at all.
Jim, Lebanon, Ind.
Yes, gold coins are only going to get higher in price, unfortunately for new collectors. Every time you turn around, the prices of everything you're purchasing are steadily going up. When I was a few years younger, the first Gold Eagle I purchased was the first issue of 1986, for which you paid a heaping $300.00. All the "Experts" then expressed that it was overpriced and that Gold would only stop gaining in value.
A few years later, I purchased the first Indian Gold Once Eagle for $800.00. Older, different types of Gold Coins have even gained more in value than the Eagles' Gold coins. Younger coin collectors are really going to have to study gold coins before they purchase them.
Roy E Robertson, Maryland
NO, I don't think so. The price of Gold keeps rising, and that is locking out the average collector.
As the saying goes, The rich get richer.
Name and Address withheld
I have collected, bought, and sold coins and collectible currency for 50+ years. Gold has always seemed expensive at whatever point in time it was. But, over time, with inflation, despite fluctuating spot prices, gold has held its own.
Spot probably will continue to have peaks and valleys, but unless one thinks there will be no inflation, then gold coins should continue to be a decent buy, either as part of a collection or as a financial asset. Purchase as you can, and do it regularly, averaging the cost.
Gary Burhop, Address withheld
