| Author |
 Replies: 23 / Views: 3,403 |
Page 2 of 2
|
|
|
|
Moderator
 United States
23522 Posts |
Set your budget. Stick to it. Get the nicest coin you like that will fit your budget. Share more details here, and we'll offer more specific suggestions.  |
|
Pillar of the Community
United States
5855 Posts |
Did I mention how much I really, really love my Saint-Gaudens Double Eagle?  |
|
Pillar of the Community
United States
2541 Posts |
British Sovereign (I'm biased!). I love Victorian young head sovereigns, but you will pay over spot prices for them...
|
|
Valued Member
 United States
326 Posts |
Quote:
Did I mention how much I really, really love my Saint-Gaudens Double Eagle?
barryg - Thanks - it's a beautiful coin but I'm sensing some bias here.  Quote:
That said, for full disclosure I just got into gold coins as well. My purchases in order:
$5 Indian, St Gaudens, $20 Liberty, $5 Indian.
See a pattern? =)
wpd7- Yes I see the pattern and suspect I will end up going down the same road. One at a time as I can afford them probably. Quote:
always go for the best ones you can afford.
I guess it's St Gaudens Double Eagle
Pandesalapi - Your probably right but those Indian Head gold coins are really pretty coins. Thanks for the advise everyone. As far as the grading is concerned is there any grading company I should avoid when I do pull the trigger or doesn't it matter much? Larry |
|
Valued Member
Australia
243 Posts |
If your looking for graded coins, I would probably go with ICG and ANACS. Even though NGC and PCGS are more reputable, you will probably end up paying a premium for coins slabbed by these companies. At the end of the day, you can trust that an ICG or ANACS coin is genuine and the grade given is reasonable. There is no point paying extra for NGC or PCGS if you dont intend to keep the coin as an investment.
|
|
Pillar of the Community
United States
759 Posts |
My 2 cents: if it really is going to be your only gold purchase, a raw common XF-AU St. Gaudens, that you can handle. Nothing like holding a double eagle in your hand. Hard to argue with jeffrose's suggestion too. Speaking from experience though...unless life dictates otherwise, your first gold purchase is almost never your last.
|
|
Bedrock of the Community
United States
10982 Posts |
Larry: If you are looking for type coins, $10 Libs offer an opportunity to pick up a nice piece near melt even in low mint state grades. Indians are beautiful but tend to carry a bit more of a premium. Buy what you like and remember that, these days, generic gold shouldn't carry a big premium to melt until you get to choice mint state grades.
|
|
Pillar of the Community
United States
1801 Posts |
Shoot for the moon, go for a Pan Pacific $50 Octagonal. Most incredible coin ever made by the US mint in my humble opinion. And, no, I don't own one....but someday!
|
|
Pillar of the Community
United States
1510 Posts |
thats a goody
Retired USAF 1983-2003
|
|
Valued Member
United States
326 Posts |
Quote:
My 2 cents: if it really is going to be your only gold purchase, a raw common XF-AU St. Gaudens, that you can handle. Nothing like holding a double eagle in your hand. Hard to argue with jeffrose's suggestion too. Speaking from experience though...unless life dictates otherwise, your first gold purchase is almost never your last.
OneBowl - I don't see much difference in price with the St Gaudens between a nice MS graded coin and an XF-AU coin. Unless I am missing something? But I understand your thoughts on being able to feel and handle the coin. Quote:
Larry: If you are looking for type coins, $10 Libs offer an opportunity to pick up a nice piece near melt even in low mint state grades. Indians are beautiful but tend to carry a bit more of a premium. Buy what you like and remember that, these days, generic gold shouldn't carry a big premium to melt until you get to choice mint state grades.
BH1964 - I think the 10 dollar Indian Head is calling me at some point. Quote:
Shoot for the moon, go for a Pan Pacific $50 Octagonal. Most incredible coin ever made by the US mint in my humble opinion. And, no, I don't own one....but someday!
jfransch - I don't even know where to find one? I'm getting a bit of a headache just trying to decide what direction to go. The wife and I are leaving Monday for a week on the beach at Playa Del Carmen and I will mull everyone's suggestions over with some kind of rum drink with a little umbrella in it. |
|
Pillar of the Community
United States
548 Posts |
Like this one? (evil smile)  Uh...  |
|
Valued Member
Australia
243 Posts |
With St Gaudens double eagles, you can get them in mint states for a small premium above bullion value. The 1927 is a common date which is relatively easy to get in mint states, and they usually have a great appearance in comparison to other dates.
|
|
Moderator
United States
23522 Posts |
Holy cow, lobby, that's a smokin' strike.
If you push me to it, I'm going to agree with Gothic Florin. Shield Sovereigns are simply beautiful.
|
|
Pillar of the Community
United States
1934 Posts |
I'd start by going through the price indices and see where the values of gold coins are going.
I'd recommend "starting" with the Indian Head but value up to 60 is plummeting.
There are some gold where the decrease is only affecting the lower grades and, at higher grades, increasing.
Edited by j_h_s
12/11/2011 09:09 am
|
|
Pillar of the Community
United States
548 Posts |
Quote:
Holy cow, lobby, that's a smokin' strike.
If you push me to it, I'm going to agree with Gothic Florin. Shield Sovereigns are simply beautiful. I hate getting coins like these. They're too beautiful to resell, but I can't afford to keep them. I've already kept too many. I've got it on San Antonio CL. Let's see. |
|
Page 2 of 2
|
Replies: 23 / Views: 3,403 |
Page 2 of 2
|
First Page
Posted 12/09/2011 1:30 pm
