I Want To Buy My First My First $20.00 Double Eagle - Page 2

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Author	Replies: 21 / Views: 4,329	Page: of 2

barryg Pillar of the Community United States 5855 Posts	Posted 12/14/2013 3:56 pm Are you looking for a high grade example as an investment or just one want own for your collection? If the former, I would definitely agree with what everybody here has said. If the latter, however, I don't see anything wrong with buying a raw coin from a reputable bullion dealer like APMEX. For example: http://www.apmex.com/product/4364/1...uncirculated Expanded Digital U.S. Type Set Album \| Dansco 8100 (Lincon Cents) Album \| Digital Proof Type Set \| Digital U.S. Currency Type Set \| Foreign Bullion Coins Report this Post to the Staff
tpg22 Pillar of the Community United States 919 Posts	Posted 12/14/2013 4:32 pm I am thinking of adding some gold too. I checked HA past auctions. When gold was $400-500 an oz the common Slabbed MS63's sold for about that. How long will it take for commons to get closer to current spot of $1250? Report this Post to the Staff
DoubleEagle20 Pillar of the Community United States 1748 Posts	Posted 12/14/2013 10:33 pm I think those days are gone, tpg22. The pre-1933 commons are beginning to gain numismatic value, especially the original surface coins. I had a dealer gray sheet a 1861 philly mint double eagle for me in case I find one I like. Even in VF-XF they are $2100. 1861-P was a high mintage coin. Probably go with an "S" mint from that era instead if I hafta pay top dollar. It's all this quantitative easing "hot money" that is driving the higher prices. Edited by DoubleEagle20 12/14/2013 10:42 pm Report this Post to the Staff
Fathead 5 Valued Member United States 294 Posts	Posted 12/17/2013 10:46 pm * Edited by Staff - Please Review the rules that you agreed to when you registered. * Report this Post to the Staff
yellow88 Pillar of the Community United States 581 Posts	Posted 12/18/2013 8:18 pm Thanks for all the great info. It is appreciated. I have some studying and learning to do. Report this Post to the Staff
DoubleEagle20 Pillar of the Community United States 1748 Posts	Posted 12/20/2013 11:22 am Yup, you do. Your best first investment is "A Guide Book of Double Eagle Gold Coins" by Q David Bowers. It will give you vital background information on the coins and tips on how to collect them from experienced people. My copy is still functioning but it's pretty ragged now. The price information is off since it has been awhile since last publication. but I didn't buy it for that...lol. Report this Post to the Staff
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