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 Replies: 18 / Views: 2,592 |
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Pillar of the Community
United States
3843 Posts |
I'd pick the gold too. The Morgan wasn't very attractive and the gold, although it had problems, looks decently attractive.
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Pillar of the Community
United States
500 Posts |
I would have picked the gold coin as well between those two.
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Pillar of the Community
 United States
3343 Posts |
In hand it doesn't look like jewelry. No polish or solder. Just banged up.
"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
1450 Posts |
I just read an article about those Liberty Head $5 gold coins. Some have very low mintage and are not much more expensive that higher mintage. There is the type 1 and type 2 coin. Most of the Type 2 coins can be had for less than $300 because they are almost exactly .25 an ounce of gold. Type 1 are older and seem to cost much more.
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Pillar of the Community
United States
8137 Posts |
I would have picked the gold. They are much harder to find than an 1889-CC Morgan.
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Bedrock of the Community
Australia
21788 Posts |
It would HAVE to be the gold dollar, but is absolutely essential to have proof that it isn't a fake.
TPGrading would be a good way to go, before proceeding with the purchase.
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Valued Member
United States
125 Posts |
Given the rarity vs price of most U.S. gold coins I would take the gold coin any day if I could afford to buy gold. In worst case scenario, you might accidentally buy a fake, but they're still worth their weight in gold and they are usually priced pretty close to spot considering their rarity. I can readily accept accidentally paying a small premium on a potential fake gold coin than spending a huge 200$+ premium on a fake silver coin.
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Pillar of the Community
United States
6370 Posts |
I would't have picked either one, to be honest. But I'll let my collection be my collection and your collection be yours.
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Pillar of the Community
United States
3210 Posts |
I would have taken the gold too. If the 89CC were a bit nicer like a VG or even a solid G, I would have taken that, unfortunately this wasn't the case, the 89cc was rough to say the least
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Pillar of the Community
United States
3343 Posts |
It's a toss up. Both are good for pocket coins, not ones that are worth slabbing. The 89CC in AG has some heft. The 58S is scarcer and has better details.
"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
20753 Posts |
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Pillar of the Community
United States
738 Posts |
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Pillar of the Community
United States
1031 Posts |
The gold one. I think you made a good choice.  |
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Valued Member
United States
52 Posts |
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Pillar of the Community
United States
4932 Posts |
Regardless of the value or demand, I would always pick the coin with the lower population and/or lower mintage business strikes. They always have a potential in increasing in value. Almost like a "sleeper" coin if you want to call it that, haha.
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Replies: 18 / Views: 2,592 |
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Posted 11/21/2015 7:44 pm
