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2009 Ultra High Relief Double Eagle

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carmykle's Avatar
United States
2448 Posts
 Posted 04/03/2011  1:43 pm  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply

Quote:
Consider moving this topic to the commemorative section (my 2 cents).


Ceylon62 brings up an interesting point. Where does this coin belong? Is it a tribute commemorating St. Gaudens, the original coin series of the early 1900s, or is it an additional bullion coin for 2009?

Many of us view this work as "just" (I apologise for being in-eloquent and at the risk of being indelicate) another bullion coin. It appears that the multitude of collectors and dealers that decided to pass on the acquisition are now trying to "deify" the minting as the greatest coin ever. I do agree, with most of the press releases, the Mint did an outstanding job producing the coin. I've never seen such numbers in the PCGS "Pop" report in the MS-69 and MS-70 columns. When they want to, they can produce a quality product. While some will disagree, I felt their process in this coins manufacture was flawless.


Quote:
Now most serious collectors realize that this was a ONE shot deal so to say.


I wish the mint would have continued the series for a while but completely understand why they didn't. As to all of the comments, I agree that it will probably be an oddity forever; one that we can't quite assign to one category. Unfortunately for me, I'll always view it as a great, modern copy of the most beautiful coin in the world.

Sorry for the long discourse.
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Bizybackson's Avatar
United States
1817 Posts
 Posted 04/03/2011  3:28 pm  Show Profile   Bookmark this reply Add Bizybackson to your friends list Get a Link to this Reply
I like this coin very much, not sure if I'm ever going to buy one, but I believe it will prove to be the key in a completist's 21st Century type set, which definitely includes the "bullion" products. The pricing on these are still pretty volatile should see some stability in another couple of years.
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Ceylon62's Avatar
United States
1285 Posts
 Posted 04/04/2011  05:43 am  Show Profile   Bookmark this reply Add Ceylon62 to your friends list Get a Link to this Reply
There are some who are in the process of trying to get the UHR reclassified into another category in coin publications etc. Not sure of the all technical jargon.

It's the dealers who are bidding it up as they are ones who technically passed up on the coin / have none on hand. The public hold the coins which the dealers want.

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Bryan1315's Avatar
United States
14454 Posts
 Posted 04/04/2011  09:26 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I got mine from the mint and if I hadn't of had the 1907 I would have never purchased it because I thought it was a little pricey at the time and would have rather had another gold buffalo coin but at least these were 24k gold as well. I wasn't aware the prices they are selling for now but can say if I hadn't bought from the mint I wouldn't buy one at those prices now as I thought they were high from the mint
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carmykle's Avatar
United States
2448 Posts
 Posted 04/04/2011  11:45 am  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
If I remember correctly, it originally sold in the mid-800 dollar range. If the mint had produced this coin in 2004 to say...2006, it probably would have sold out.
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