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 Replies: 21 / Views: 2,532 |
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Rest in Peace
United States
17900 Posts |
Common date gold of any denomination is relatively easy to obtain at any time with price fluctuations commonly seen as gold itself changes.
Take a look at the NGC Census and you will see that they've encapsulated over 12,300 of this date and mint mark.
Also consider that LESS THAN 100 of those are in AU 55 or less grade.
In other words, for that coin, an AU 55 is pretty bottom of the barrel for that particular issue.
Having a coin in hand will often push me to make a buying decision, so I know where you are coming from.
But when putting that much money into a coin it does help to be less emotional and more research oriented.
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Bedrock of the Community
Australia
21788 Posts |
There are LOTS of these things around.
Whatever you do, have a good look around before making a deciaion to buy.
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Valued Member
 United States
234 Posts |
I did some more looking and figured out I could get a MS 62 for $50 more.
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Rest in Peace
United States
17900 Posts |
Good Work, Brian.
The price differences for common date gold of almost any denomination changes very little from AU 55 to AU 58 to MS 61.
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Pillar of the Community
United States
3343 Posts |
Raw common $20 libs like this one were selling for $1200 a few months ago, and gold has dropped considerably since then. I don't think it's worth a $200+ premium for the slab.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Bedrock of the Community
United States
94367 Posts |
 Slabs on this sort of thing have always been more-or-less worthless. |
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Valued Member
United States
234 Posts |
Yeah now I'm shopping around for a AU 3 dollar gold peice that's got some strong numismatic value.
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Pillar of the Community
United States
1450 Posts |
Have you looked at some of the low mintage Saint-Gaudens like 1913-S, 1914, or 1909-D or even 1908-S. These coins have mintage much less than 100,000 and yet sell for not that much more than St. Gaudens with over 2.7 million mintage. Most Saint-Gaudends have mintage of less than a million right up to 1920. Now you will probably never fill a full set of this coin but you can get some good and rare ones especially with gold prices crashing.
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Pillar of the Community
United States
3343 Posts |
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Valued Member
United States
234 Posts |
On the 1888 TNFC always auto decline offers. But I'll check around to see if it's a good price. TNFC isn't known for discounted coins.
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Valued Member
United States
234 Posts |
And I did read everybodies post. Someday I'll figure out where the quotation button is so I can individually respond to everyone.
Ever notice the cliche coin shop mantra that if you ever sell a coin in a slab they tell you it's over graded. But when they sell you the coin they say it's under graded.
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Pillar of the Community
United States
3343 Posts |
@brian I wouldn't call this a terrific price, but it's slabbed and not a common coin. I've picked up uncommon eagles and half eagles recently for 1.5-2x bullion, without looking too hard. Quarter eagles, $1's and $3's trade at much higher premiums. $20's are just bullion IMO, unless you're dealing in expensive rarities like cc's. For instance, it would be nice to own this.... http://www.brokencc.com/modules.php...od_id=133856For equal mintage, much higher rarity and 13x lower price I'd prefer the 1888 half eagle. "Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
07/26/2015 12:41 pm
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Valued Member
United States
234 Posts |
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Pillar of the Community
United States
3343 Posts |
Me too. What brokencc has blows me away.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Pillar of the Community
United States
506 Posts |
Quote:
On the 1888 TNFC always auto decline offers. On the NFC website ( http://www.nfccoins.com/category.aspx?cid=26) that 1888 doesn't show up in their inventory, so it might be possible it's already sold or not for sale? Quote:
Someday I'll figure out where the quotation button is so I can individually respond to everyone. You can use "[quote]" then the text you want to quote, then close it out with "[/ quote]"(without the space between the / and quote) and that should do it. |
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Replies: 21 / Views: 2,532 |
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Posted 07/25/2015 6:33 pm
