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 Replies: 23 / Views: 2,299 |
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Valued Member
United States
63 Posts |
I'm considering ordering the 2009 Double Eagle Gold Coin. Any opinions on the coin? I noticed the mint didn't put an actual number on the amount they plan to produce, so I wasn't sure if I should go for it or not. Any thoughts would be appreciated.
Thanks
Dorion
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Valued Member
United States
178 Posts |
1200 bucks is a bit too steep for me and the price of gold is only about 850. That's quite a premium!
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Moderator
 United States
187446 Posts |
That kind of money is not really in my budget right now. If it were, there are some Lincoln Cents that I would rather have.  |
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Valued Member
United States
245 Posts |
That about right, almost a 50% gross profit.
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Pillar of the Community
United States
2269 Posts |
If the price of gold drops in the future, then I may have to consider purchasing one of these.
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Pillar of the Community
United States
1130 Posts |
For that price, I'll buy an original St. Gauden Double Eagle. Can't beat the real thing.
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Valued Member
United States
462 Posts |
I just ordered one along with the two roll package of Kennedy halves. Whether I pay $0.85 for a $0.50 piece or $1,185 for $850 worth of gold, it's all about the same. This is the first Ultra High Relief from the US Mint and it is a beautiful coin. They are already asking $1,300 for it on ebay. No one has paid it yet, but the down side seems fairly low in risk. But I suspect in the year 2109, it should be worth a bit more than I paid for it. |
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Pillar of the Community
United States
6381 Posts |
My order is in, with an "expected ship date" of 02/06/09. The Mint has set a 1-coin limit on these. I would actually like to get one more because I expect the secondary-market price to go up. I would like to be able to sell one later at a profit to partially offset the cost of the one I keep.
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Valued Member
United States
67 Posts |
Just ordered mine. They are "preselling" on ebay for $1795, and a couple already sold. |
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Valued Member
United States
377 Posts |
Mine is on the way. It is pricey but also a once in a lifetime opportunity.
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Pillar of the Community
United States
2335 Posts |
I'm considering buying one of these. It would be nice to know if they were actually going to stick with the "one per household" rule. The mint brochure I got in the mail says they will be reviewing that policy weekly & could lift the restriction at any time. The price is more than I like to spend, but I would buy one if I knew they were going to keep the restriction in place.
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New Member
United States
42 Posts |
I would love to get an Ultra High Relief Eagle, but I'm afraid I cannot afford one right now.
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Pillar of the Community
United States
1228 Posts |
2009Double eagle may cost less later ?Under the new method, the Mint will review metal prices on a weekly basis and reprice gold and platinum coins at 10 a.m. EST each Thursday when necessary. Prices will be based on a five-day average of the a.m. and p.m. prices fixes for the metals on the London market for the preceding Thursday to Wednesday period.[/url]
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Bedrock of the Community
United States
19930 Posts |
Quote:
That kind of money is not really in my budget right now. If it were, there are some Lincoln Cents that I would rather have. I like how you think!  |
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Valued Member
United States
317 Posts |
It's definitely a nice coin, but if I'm going to buy an ounce of gold, I'd rather have a Mexican 50 Pesos or on of the old style gold Libertads. In my humble opinion, the old style Libertads are the most beautiful coins in the world
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Pillar of the Community
United States
3098 Posts |
c'mon old market! Where's $700 gold when we need it?!
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Replies: 23 / Views: 2,299 |
Posted 01/22/2009 2:15 pm
