04-19-2003, 06:16 PM
Eric,
To play devils advocate once again, prices of Lenin's and all gold orders are going up because of the spike in gold prices. If gold comes down, then some prices will come down.
the well known international dealer that I mentioned in earlier posts had a 1950s Lenin and document and wanted over $500 for it. He said that he cannot get Lenins from Russia for under $420 because of the gold prices. Gold is currently $327 an ounce plus you need to add the platnium price. You will not find a Lenin for sale under this base price as the Russians will melt it down for the metal content. The days of $350 to $400 Lenins are over unless the bottom drops out of the precious metal market.
Just my two cents,
Ed M.
To play devils advocate once again, prices of Lenin's and all gold orders are going up because of the spike in gold prices. If gold comes down, then some prices will come down.
the well known international dealer that I mentioned in earlier posts had a 1950s Lenin and document and wanted over $500 for it. He said that he cannot get Lenins from Russia for under $420 because of the gold prices. Gold is currently $327 an ounce plus you need to add the platnium price. You will not find a Lenin for sale under this base price as the Russians will melt it down for the metal content. The days of $350 to $400 Lenins are over unless the bottom drops out of the precious metal market.
Just my two cents,
Ed M.
