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 Replies: 29 / Views: 4,595 |
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Pillar of the Community
United States
1002 Posts |
I like your original conviction. You can find a nice certified 5$ Indian under $500 or a common 10$ Liberty/Indian head PCGS MS63 for $1000 or less. I have made recent purchases in this range, just be patient. It's hard for me to get into gold coins under 5$, they are just so tiny that it is hard for me to enjoy them. Some folks love 'em though, just sayin'.. Again, be patient, get the nicest certified pre-1933 coin you can afford. Here is a good place to start: http://www.greatcollections.com/Den...-Half-Eagleshttp://www.greatcollections.com/Den.../Gold-Eagles |
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Pillar of the Community
United States
711 Posts |
Thinking about your original post. You can get an old circulating gold coin and still never buy a coin for more than $80. Check out the Mexican 2 Peso / Dos Pesos coin from 1919 - 1947. It contains 0.0482 troy ounces of gold. Just under $60 melt value today. Here are a bunch of them on ebay. If you want to get adventurous. http://www.ebay.com/sch/North-Centr...LH_Auction=1 |
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Pillar of the Community
United States
1704 Posts |
If you do not want a gold piece that will go up or down in value in relation to the spot price of gold you should consider a better date piece in a grade that will fit in your budget. For example, you can probably find a nice AU 50 1890 or 91 CC half eagle for under a grand and you will have a gold piece that one usually does not see in a collection such as yours.
Edited by Gyrene7483
12/06/2014 5:56 pm
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Pillar of the Community
United States
1748 Posts |
Save up your money and get a MS-65 PCGS 1927 or 1928 Double Eagle. Both years are known for their nice lustrous surfaces and good strikes.
A really nice 1928 MS-65 PCGS can be gotten for about $1800 right now.
Edited by DoubleEagle20
12/07/2014 2:07 pm
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New Member
United States
9 Posts |
Oh, man! In the past three months I have bought my first gold US coins, and both were NGC slabs: 1. 1853 Gold Dollar MS-61 2. 1908 Indian Quarter Eagle MS-60(three months ago). Yes, they are small and you are paying more than spot for the gold (obviously), but (1) the gold dollars are fun to put into an educational display along with a Peace or Morgan, a silver certificate, an Ike, a SBA, a Sac, and a "fiat" paper dollar. I teach at the University level and THAT display really helps the students understand the changing definition of "money" and how it is valued and by whom. (2) the Indian QE has that great incuse design. |
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Bedrock of the Community
United Kingdom
17956 Posts |
I'd suggest a French 'rooster' 20 francs from 1898-1914. Small premium over melt, readily available in great condition, and a very attractive design. And a bit of history as well!  Edited by NumisRob
12/08/2014 2:53 pm
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Pillar of the Community
United States
1704 Posts |
Interesting that the last year of the French rooster strutting his stuff coincidentally was the same year WWI began. I actually prefer the English sovereign, the Austrian 20 Coronas and the Swiss 20 Francs over this one. Not necessarily in that order.
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Pillar of the Community
Canada
3692 Posts |
I'd like to hear more reasons by Johnny as to why a gold coin, and what kind. From what I gather, Johnny wants a gold coin, $500-1000, slabbed due to safety... Is the coin purely for enjoyment, for investment, for heirloom...? Steer us into the right direction, please. Seems like an investment piece by the looks of it.
There are so many countries that have wonderful gold coins. British Sovereigns, Canadian turn of the century, Newfoundland, Mexico, Switzerland, Austria, USA, Hungary, Guineas, Ducats, France...
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Valued Member
United States
179 Posts |
Purchase your coin carefully. Take advantage of lower gold prices and couple that with numismatic rarity. If you're buying slabbed buy PCGS CAC. Find a semi key date and mm with the cleanest mark free bust with NO marks nicks or scratches in prime visual areas. For some reason $10 Indians have never been super popular. It may be better to keep saving and go for a $20 Saint Though I love $1 gold it's not your best choice.
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Bedrock of the Community
United States
20753 Posts |
You might want to look for a coin show. Usually there is a large amount of them laying around so you could get a better idea of what you like and want.
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Valued Member
United States
179 Posts |
Yes at a coin show you can look at thousands and thousands of gold coins. Like going to the forest to look at a tree. Narrow your focus first or you will be totally overwhelmed. To see some nice gold coins online I suggest NFC coins in Florida. Nice mid range coins.
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Pillar of the Community
United States
711 Posts |
Edited by BuckeyeCoinGuy
12/09/2014 1:40 pm
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Pillar of the Community
United States
919 Posts |
A while back David Lawerence had the Santa Fe Gold collection up for auction. Many of those coins were $10 Indians. The prices were high compared to other auctions and gold was dropping at the time. I think they are sitting on a lot of them. Looks like there are still 166 of the Santa Fe Indians in inventory (a lot of 1908's).
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Pillar of the Community
 United States
521 Posts |
Wow, this must have been a good question! Thanks for all of the replies, especially about world coins and the U.S. ones I hadn't considered.
It might be a great long-term collecting goal to get one from various countries. This would dignificantly reduce my coin purchasing frequency, though.
Libertad, you asked about my reason for wanting one. Actually, it's all of those reasons you listed: I enjoy coins, I believe that in time the value will increase, and I will pass my coins on to my son. By the way, he's 4, so this could be seen as a (at least somewhat) long-term investment. Really, though, it's because I enjoy the history involved.
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Pillar of the Community
 United States
1949 Posts |
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Replies: 29 / Views: 4,595 |
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Posted 12/06/2014 5:18 pm
