Welcome Guest ( Log In | Register )

 
 Reply to this topicStart new topic
> Gawd! We're Lucky In Houston, Expensive/Crappy FEH! Check this out!
Snoogans
post Mar 19 2004, 01:14 PM
Post #1


I hid the cache for YOU Wilburrrrrr!!!


Group: Premium Members
Posts: 6,876
Joined: 2-March 03
From: The Armpit of the Universe
I count myself lucky that there is nothing to complain about in Houston....Cachewise!

Captain J is DA MAN!!!

Sn cool.gif cool.gif gans
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
TeamK-9
post Mar 19 2004, 01:19 PM
Post #2


Geocacher


Group: Premium Members
Posts: 4,107
Joined: 19-August 03
From: Delmont, PA
That sounds really kind of cool, but how much is the coin actually worth?
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
magellan315
post Mar 19 2004, 01:26 PM
Post #3


Geocacher


Group: Members
Posts: 1,708
Joined: 20-August 01
From: Ardmore, PA
If I remember correctly SA Kugerands are made from gold. While it may not be worth thousands of dollars. It is a very unique coin
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
Snoogans
post Mar 19 2004, 01:32 PM
Post #4


I hid the cache for YOU Wilburrrrrr!!!


Group: Premium Members
Posts: 6,876
Joined: 2-March 03
From: The Armpit of the Universe
QUOTE (magellan315 @ Mar 19 2004, 01:26 PM)
If I remember correctly SA Kugerands are made from gold. While it may not be worth thousands of dollars. It is a very unique coin

Give the cacher a cigar!
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
Natureboy44
post Mar 19 2004, 02:06 PM
Post #5


Charter Member


Group: Charter Members
Posts: 409
Joined: 2-January 03
From: High Bridge, NJ
Sure wish I lived in Houston, or for that matter anywhere in Texas should be close enough for this to be worth the effort.
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
Renegade Knight
post Mar 19 2004, 02:07 PM
Post #6


Illegitimi Non Carborundum


Group: Charter Members
Posts: 24,364
Joined: 16-January 02
In the days when gold was $700+ an oz these were the coins of choice for the seriouse gold stasher.
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
Natureboy44
post Mar 19 2004, 02:12 PM
Post #7


Charter Member


Group: Charter Members
Posts: 409
Joined: 2-January 03
From: High Bridge, NJ
Just checked the web. A 1/10 oz coin goes for about $50 and a 1/4 oz for about $125. I don't know if there are other sizes. I wonder what weight the cache coin will be?
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
Captain Chaoss
post Mar 19 2004, 02:15 PM
Post #8


Geocacher


Group: Members
Posts: 795
Joined: 7-April 02
From: meadville pa usa
QUOTE (Natureboy44 @ Mar 19 2004, 02:06 PM)
Sure wish I lived in Houston, or for that matter anywhere in Texas should be close enough for this to be worth the effort.

Sure wish it was in a state other than Texas. tongue.gif

Wait, is Pennsylvania far enough away to avoid the backlash of a jab at Texans ? blink.gif

I was just kiddin ya'll. Ya know them steer horns mounted to your cars, and shootin everything's cool.

Awesome looking cache idea. Wish I was able to make a roadtrip to hunt that one !
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
Marky
post Mar 19 2004, 03:11 PM
Post #9


...since July 5, 2002


Group: Charter Members
Posts: 5,633
Joined: 5-July 02
From: San Jose, CA
I think we are lucky in California. I'm not interested in prizes, I'm interested in adventure. We have caches like this one and for that I am very happy.

--Marky
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
Snoogans
post Mar 19 2004, 03:28 PM
Post #10


I hid the cache for YOU Wilburrrrrr!!!


Group: Premium Members
Posts: 6,876
Joined: 2-March 03
From: The Armpit of the Universe
QUOTE (Marky @ Mar 19 2004, 03:11 PM)
I think we are lucky in California. I'm not interested in prizes, I'm interested in adventure. We have caches like this one and for that I am very happy.

--Marky

I agree, but you're mistaken if you think that this won't be an adventure.
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
Marky
post Mar 19 2004, 03:41 PM
Post #11


...since July 5, 2002


Group: Charter Members
Posts: 5,633
Joined: 5-July 02
From: San Jose, CA
QUOTE (Snoogans @ Mar 19 2004, 03:28 PM)
QUOTE (Marky @ Mar 19 2004, 03:11 PM)
I think we are lucky in California.  I'm not interested in prizes, I'm interested in adventure.  We have caches like this one and for that I am very happy.

--Marky

I agree, but you're mistaken if you think that this won't be an adventure.

Oh, I bet it will be. I just don't like the "race" type of adventures. I have enough stress at work, I don't need stressful playtime. bad_boy_a.gif Maybe it can become a puzzle-multi or something after the FTF gets the prize.

Off course, for some people, having a competition would add to the adventure/experience. This is perfect for those types. big_smile.gif

--Marky
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
aka Monkey
post Mar 19 2004, 03:45 PM
Post #12


Archaeologist


Group: Premium Members
Posts: 723
Joined: 15-September 01
From: Louisville, CO
QUOTE (Natureboy44 @ Mar 19 2004, 03:12 PM)
Just checked the web. A 1/10 oz coin goes for about $50 and a 1/4 oz for about $125. I don't know if there are other sizes. I wonder what weight the cache coin will be?


If that photo is of the actual coin, that might be a one ounce coin with a value of $400+.

A Krugerrand (a rand is a denomination, Kruger is the type of coin) is a South African gold coin. They are very popular with gold traders because they are minted in great quantities, and thus are worth fairly close to their actual weight in gold (with a lot of coins you pay a premium for them). Excellent for investing.

This is one instance where the value of the coin isn't really that important. How many people get a chance to win a gold coin? That's VERY cool.

This post has been edited by Indiana Cojones: Mar 19 2004, 03:47 PM
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
JMBella
post Mar 19 2004, 03:47 PM
Post #13


Premium Member


Group: Premium Members
Posts: 4,063
Joined: 30-June 03
From: South Shore, Suffolk County, Long Island, NY
Here's a log from the cache page:
QUOTE
March 19 by geowyz (663 found)
FYI: Gold is currently going for $412.00 an ounce. Krugerrands come in 1 oz, 1/2 oz, 1/4 oz and 1/10th oz coins.


Not bad.
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
Snoogans
post Mar 19 2004, 03:55 PM
Post #14


I hid the cache for YOU Wilburrrrrr!!!


Group: Premium Members
Posts: 6,876
Joined: 2-March 03
From: The Armpit of the Universe
QUOTE (Indiana Cojones @ Mar 19 2004, 03:45 PM)
This is one instance where the value of the coin isn't really that important. How many people get a chance to win a gold coin? That's VERY cool.

THAT is exactly why I posted the thread. I don't have much of a chance to win, but if I did, I would never part with it.
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
sturgeongeneral
post Mar 19 2004, 04:42 PM
Post #15


Geocacher


Group: Premium Members
Posts: 116
Joined: 24-August 03
From: Sacramento,Ca.
I had the opportunity to party with some of the Houston cachers, and must say Texas has captured the true spirit of geocaching. The comraderee, true sportsmanship, sense of fairness and acceptance to newcomers shows how great these people are. Hats off to Houston cachers. They are the true representation of what it is all about!!!!!
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
cachew nut
post Mar 19 2004, 09:41 PM
Post #16


UnfrozenCavemanGeocacher


Group: Charter Members
Posts: 2,539
Joined: 20-February 02
From: Bad, Nationwide
With the way the price of gold has been fluctuating, it will be interesting to see what the prize will be worth on the 27th, when the hunt actually begins. Krugerrands normally have a buy/sell price within about -/+ 2% of spot price.

Silver has really been climbing, at some point soon it will fetch over $8/oz I'm going to have to dig out those junk silver coins and try to figure out where it will peak.

Edit:typo

This post has been edited by cachew nut: Mar 19 2004, 09:44 PM
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
Brian - Team A.I.
post Mar 20 2004, 03:14 AM
Post #17


Mine?


Group: Premium Members
Posts: 1,548
Joined: 21-August 01
From: Billings, MT
Are Krugerands allowed to be imported into the US? I thought that about 10 years or so ago, that they could not be imported. Regardless of what the answer is, I'd love to be there for the chance to score one.
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
aka Monkey
post Mar 20 2004, 06:37 AM
Post #18


Archaeologist


Group: Premium Members
Posts: 723
Joined: 15-September 01
From: Louisville, CO
There certainly doesn't seem to be any problem importing them now.

I've been watching gold for a while, and thinking it might not be a bad place to invest, particularly during these times of trouble. Since I first started watching, Gold has climbed from around $325 to around $425 an ounce. That's in the space of about a year, which makes it a TREMENDOUS investment opportunity.

Traditionally, when major economies start to do poorly, Gold tends to rise in value. Gold started to rise after September 11, and has continued to do so at a fairly steady pace.

Gold Value Graph
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
IV_Warrior
post Mar 20 2004, 06:49 AM
Post #19


<this space left blank>


Group: Charter Members
Posts: 2,443
Joined: 23-December 02
From: Lewistown, PA
QUOTE (Indiana Cojones @ Mar 20 2004, 06:37 AM)
There certainly doesn't seem to be any problem importing them now.

I've been watching gold for a while, and thinking it might not be a bad place to invest, particularly during these times of trouble. Since I first started watching, Gold has climbed from around $325 to around $425 an ounce. That's in the space of about a year, which makes it a TREMENDOUS investment opportunity.

Traditionally, when major economies start to do poorly, Gold tends to rise in value. Gold started to rise after September 11, and has continued to do so at a fairly steady pace.

Gold Value Graph

Or at least a year ago it was s tremendous investment opportunity. smile.gif
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
TeamK-9
post Mar 20 2004, 06:51 AM
Post #20


Geocacher


Group: Premium Members
Posts: 4,107
Joined: 19-August 03
From: Delmont, PA
But seriously, what's the current street value on this coin?
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
cachew nut
post Mar 20 2004, 08:14 AM
Post #21


UnfrozenCavemanGeocacher


Group: Charter Members
Posts: 2,539
Joined: 20-February 02
From: Bad, Nationwide
QUOTE (TeamK-9 @ Mar 20 2004, 06:51 AM)
But seriously, what's the current street value on this coin?

About 2% over/under spot.
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
TeamK-9
post Mar 20 2004, 08:35 AM
Post #22


Geocacher


Group: Premium Members
Posts: 4,107
Joined: 19-August 03
From: Delmont, PA
Which means?
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
JeepCachr
post Mar 20 2004, 08:36 AM
Post #23


Geocacher


Group: Premium Members
Posts: 487
Joined: 8-March 04
From: Michigan
QUOTE (Indiana Cojones @ Mar 20 2004, 06:37 AM)
There certainly doesn't seem to be any problem importing them now.

I've been watching gold for a while, and thinking it might not be a bad place to invest, particularly during these times of trouble. Since I first started watching, Gold has climbed from around $325 to around $425 an ounce. That's in the space of about a year, which makes it a TREMENDOUS investment opportunity.

Traditionally, when major economies start to do poorly, Gold tends to rise in value. Gold started to rise after September 11, and has continued to do so at a fairly steady pace.

Gold Value Graph

Gold is never a long term investment. Look at the bigger picture and graphs that go farther back. There are many other conservative investments that will do much better than gold.
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
cachew nut
post Mar 20 2004, 08:50 AM
Post #24


UnfrozenCavemanGeocacher


Group: Charter Members
Posts: 2,539
Joined: 20-February 02
From: Bad, Nationwide
QUOTE (TeamK-9 @ Mar 20 2004, 08:35 AM)
Which means?

Which means that the street value of the coin is very close to the spot price of gold, whatever the spot price may be at the time.
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
TeamK-9
post Mar 20 2004, 08:54 AM
Post #25


Geocacher


Group: Premium Members
Posts: 4,107
Joined: 19-August 03
From: Delmont, PA
Could someone give me an idea here?

About how much would it be worth during today's exchange rate?
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
aka Monkey
post Mar 20 2004, 09:31 AM
Post #26


Archaeologist


Group: Premium Members
Posts: 723
Joined: 15-September 01
From: Louisville, CO
No one knows, because we don't know the weight of the coin. If it's a 1 oz coin, the value is around $420. If it's a half ounce coin, it'd be half that. Etc.
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
aka Monkey
post Mar 20 2004, 09:37 AM
Post #27


Archaeologist


Group: Premium Members
Posts: 723
Joined: 15-September 01
From: Louisville, CO
QUOTE (JeepCachr @ Mar 20 2004, 09:36 AM)
Gold is never a long term investment. Look at the bigger picture and graphs that go farther back. There are many other conservative investments that will do much better than gold.

I never said it was a good LONG term investment. Frankly, I don't have enough faith in humanity to invest for the long haul.

There are plenty of good long-term investments which I'd rather gouge my eyes out with a fork than invest it. Phillip Morris is one. They always do well, and are a staple in many mutual funds, but their close work with Satan makes them unappealing in my book. wink.gif

Buy gold now. Sell it in 6 months or a year. I challenge you to find anyh investment that will likely do that well for that short period of time. The only problem is, you have to have enough money to buy enough gold to make the hit you take on selling it worth while. I, alas, do not. But if people are going to be putting them in caches for free then damn it, I'm there.
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
cachew nut
post Mar 20 2004, 11:11 AM
Post #28


UnfrozenCavemanGeocacher


Group: Charter Members
Posts: 2,539
Joined: 20-February 02
From: Bad, Nationwide
QUOTE (TeamK-9 @ Mar 20 2004, 08:54 AM)
Could someone give me an idea here?

About how much would it be worth during today's exchange rate?

Go poke around on this site. Next to the word gold, to the left, is a little chart icon. Click that, and you will be brought to a page where you can click to get historic charts in months, years, etc. If you go to the main page, there are plenty of articles about what everyone thinks metals will do. There is also a link where you can actually go buy and sell Eagles, Krugerrands, etc. The prices will change based on the spot price of the metal you are looking at. The spot prices are for one troy ounce of the metal you are looking at. I don't know how to make it any clearer, you might just want to visit a coin shop near you and see what kind of prices you can get there. Hope this helps.
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
MedTexPlacer
post Mar 20 2004, 04:00 PM
Post #29


Geocacher


Group: Premium Members
Posts: 36
Joined: 23-December 03
biggrin.gif The coin just gives an added incentive. Alot of cachers in Houston metro area go the distance just to be a FTF on a micro. I for one, will only have 1/2 of the day to look for this, so I doubt I will be able to cover all the waypoints. But I will have fun trying! I have not met a cacher in Houston that was not very kind and generous. And they all have a sense of humor (although sometime strange)!
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
CacheCreatures
post Mar 20 2004, 04:26 PM
Post #30


Premium Member


Group: Premium Members
Posts: 326
Joined: 12-September 03
QUOTE (sturgeongeneral @ Mar 19 2004, 04:42 PM)
I had the opportunity to party with some of the Houston cachers, and must say Texas has captured the true spirit of geocaching. The comraderee, true sportsmanship, sense of fairness and acceptance to newcomers shows how great these people are. Hats off to Houston cachers. They are the true representation of what it is all about!!!!!

Yeah, cause they are all packing heat wink.gif

Neat idea! However, I'll agree with Marky on this one. The value of the thing is not why I cache =)
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
Lone Duck
post Mar 21 2004, 05:39 AM
Post #31


Geocacher


Group: Premium Members
Posts: 631
Joined: 24-August 02
From: Deep Inside Occupied Ohio
To heck with whatever the bullion value of the coin might be. It would just plain be cool to own one. cool.gif
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
Snoogans
post Mar 22 2004, 08:13 PM
Post #32


I hid the cache for YOU Wilburrrrrr!!!


Group: Premium Members
Posts: 6,876
Joined: 2-March 03
From: The Armpit of the Universe
QUOTE (MedTexPlacer @ Mar 20 2004, 04:00 PM)
I have not met a cacher in Houston that was not very kind and generous. And they all have a sense of humor (although sometime strange)!

Why do I think you are talking about me in that last part? Have you met SigJ? I'm small potatos compared to him.

Sn tongue.gif tongue.gif gans
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
Snoogans
post Mar 22 2004, 10:20 PM
Post #33


I hid the cache for YOU Wilburrrrrr!!!


Group: Premium Members
Posts: 6,876
Joined: 2-March 03
From: The Armpit of the Universe
QUOTE (Indiana Cojones @ Mar 20 2004, 09:31 AM)
No one knows, because we don't know the weight of the coin. If it's a 1 oz coin, the value is around $420. If it's a half ounce coin, it'd be half that. Etc.

WHO CARES WHICH COIN IT IS! IT'S FREAKIN GOLD FOR CRYIN OUT LOUD!

Sn rolleyes.gif rolleyes.gif gans
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
aka Monkey
post Mar 23 2004, 06:46 AM
Post #34


Archaeologist


Group: Premium Members
Posts: 723
Joined: 15-September 01
From: Louisville, CO
Hey, don't yell at me, I was just trying to answer K-9's question. Alrhough let's face it, 1 oz would be just a bit cooler to find than 1/4 oz. smile.gif
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
Team_J
post Mar 24 2004, 01:07 AM
Post #35


Premium Member


Group: Premium Members
Posts: 20
Joined: 21-February 02
QUOTE (Snoogans @ Mar 22 2004, 08:13 PM)
QUOTE (MedTexPlacer @ Mar 20 2004, 04:00 PM)
I have not met a cacher in Houston that was not very kind and generous.  And they all have a sense of humor (although sometime strange)!

Why do I think you are talking about me in that last part? Have you met SigJ? I'm small potatos compared to him.

Sn tongue.gif tongue.gif gans


ohmy.gif Hey Snoogans!

You calling me strange? What has the world come to? Anyone read the logs on his latest cache in the abandoned bomb shelter?

I'm watching you, Snoogans!! unsure.gif
User is offlineProfile CardPM
Go to the top of the page
+Quote Post
« Next Oldest · Geocaching Topics · Next Newest »
 

Reply to this topicStart new topic

 

Display Mode: Standard · Switch to: Linear+ · Switch to: Outline

Track this topic · Email this topic · Print this topic · Subscribe to this forum

- Lo-Fi Version Time is now: 20th November 2009 - 03:20 PM