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Replies: 1,034 / Views: 64,459 |
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Rest in Peace
United States
17900 Posts |
Bad Dog (love that name) - I really appreciate the review of the modern issues. We are all subject to goal changes, and I must admit that these modern commems are drawing my attention. I've never considered them much before, as I collect only prior to 1965 (except for my ASE set). Right now, I've finished a bunch of goals these last few months and with the exception of a few "finisher" coins, I'm back up to speed on my type set. I may switch my next set of goals (which was a CC Morgan set), to the newer commems. Thanks to ALL of you for making that a very interesting option. I really don't like Morgan's and was having a tough time convincing myself to go that way.
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Pillar of the Community
United States
1375 Posts |
Quote: Bad Dog (love that name) ... Thanks Moxking ... I'm glad somebody likes it --- my better half couldn't figure out why in the world I picked it, we don't even have a dog  Just one of those things that seemed right at the time 
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Bedrock of the Community
United States
94367 Posts |
mox - With you, don't really like Morgans either, just too many of them out there. A vast two-wing conspiracy.
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Valued Member
 United States
149 Posts |
I'll never collect Morgans, but I have to admit I like them. They have a certain presence—like back in the day you could walk into a Western town, slap down a newly minted CC Morgan and say, "I'll have a shave, a room, a steak, and a whiskey."
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Pillar of the Community
United States
7201 Posts |
I never was a fan of Morgan dollars but commemorative coins have always interested me. I'm proud to have an example of all modern and early silver commemoratives with the exception of the Hawaiian issue of 1928. The goal now is modern $5 gold commemoratives.
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Pillar of the Community
United States
1375 Posts |
Okay, it's Civil War Battlefield day so I'll kick it off with proof versions of the $1 and $5 commemoratives.  
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Rest in Peace
United States
17900 Posts |
I really like both of the Civil War battlefield issues. Thanks for sharing them.
Muddler - how are you approaching the $5 gold issues? I've noticed many of them can be purchased in NGC or PCGS at close to bullion prices. Which amazes me. From what I've seen, those are the single best gold coins available for what you get.
Your Thoughts?
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Moderator
 United States
190135 Posts |
Quote: I really don't like Morgan's and was having a tough time convincing myself to go that way. Quote: mox - With you, don't really like Morgans either, just too many of them out there. A vast two-wing conspiracy. Quote:I never was a fan of Morgan dollars... I always thought I was alone on that front.  I got three of them, that is all I need. (Well, I only needed one for the 7070, the other two were prizes.)
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Pillar of the Community
United States
7201 Posts |
I do like and have all three of the proof civil war coins but only have the $5 on postable photos.   As of date I have 14 of the $5 commemoratives with a goal of an example of each. I have been searching for the less common ones first and prefer graded by NGC or PCGS.
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Bedrock of the Community
United States
94367 Posts |
Super coin, great photos!
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Pillar of the Community
United States
1375 Posts |
Quote: From what I've seen, those are the single best gold coins available for what you get. mox, I'm going to take the liberty to chime in on this one as well. I collected the first 8 of these issues directly from the Mint, then drifted away from them. Over the last year, I've picked up the other 25 (22 PCGS PR69DCAMs and 3 PCGS PR70DCAMs) at an average cost of around 8% over melt value. That's around half (or less) the typical premium for a 1/4 ozt PCGS graded AGE. So, IMHO you get more variety, more history and a much better value with the commemorative half eagles. They're just a great collection, but the jury is probably still out as to whether or not they're a good Au investment. My guess is that if you want to invest in Au then you just go with whatever 1 ozt coin is closest to spot when you buy. Now that I have all of the half eagles, my plan is to move up to the commemorative eagles (MUCH fewer in number) 
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Pillar of the Community
United States
2023 Posts |
I have "only" 7 of the modern gold $5 commemoratives. This Civil War piece is on my short list. Quote: Now that I have all of the half eagles, my plan is to move up to the commemorative eagles (MUCH fewer in number) Besides the First Spouse series, isn't there only the one (one of the early Olympic pieces)? Oh, and the bi-metallic Library of Congress (coming up on April 1).
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Rest in Peace
United States
17900 Posts |
From what ive seen, it looks like that if you stay with those PCGS or NGC in the "terrible" grade of 69, you can buy many of them, both MS and PF for less than 10% over spot.
Most selling for less, slabbed, than issue price.
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Pillar of the Community
United States
1375 Posts |
Quote: Besides the First Spouse series, isn't there only the one (one of the early Olympic pieces)? IMHO the 1st Spouse series is a bullion coin (.9999 Au instead of .900 Au) and not really a commemorative coin, so I'm not including them (although some of them look really good). The way I look at it there are only 6 modern eagle proof commemoratives - the 1984-P,D,S,W Olympic commems, the 2000-W Library of Congress and the 2003-W First Flight, and only 3 Uncs - the 1984-W Olympic, 2000-W Lib of Congress and the 2003-W First Flight. Quote: Most selling for less, slabbed, than issue price. Mox, This is true for the last few years (probably 2011 onward) because the price of Au has dropped. The earlier years go for much more than issue price, again because the price of Au is higher now than back then. The break of higher or lower than MIP is generally between the '08 Bald Eagle (MIP $319.95) and the '11 US Army & Medal of Honor (MIP $454.95). Also, the UNCs seem to be generally more expensive because of their lower mintages (last year, the 2018-W Boys Town Unc mintage was only 2,947 vs 7,347 for the PRF, but both set new lows for modern $5 commems). In 2012, the Mint went away from fixed pricing to variable pricing, all because of the volatility of Au prices, and now we have the Mint's grid for "Pricing of Numismatic Gold, Commemorative Gold, and Platinum Products".
Edited by BadDog 02/28/2018 1:12 pm
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Pillar of the Community
United States
2023 Posts |
I didn't know 2003 First Flight was a $10 piece, thank you!
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Replies: 1,034 / Views: 64,459 |