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 Replies: 18 / Views: 4,177 |
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Valued Member
United States
337 Posts |
Especially be careful I you go to California gold. They were as small as 25 cent coins in gold, but were really counterfeited.
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Pillar of the Community
United States
1704 Posts |
It's hard to make a recommendation without having an idea if what your budget is for this. Are you looking to buy a raw coin or a certified?
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Pillar of the Community
Canada
3049 Posts |
Depends on what you're looking for...
I'm a big of the Canadian $5 coins from 1912 - 1914
I also like the french 20 franc roosters
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Pillar of the Community
United States
632 Posts |
One of the smallest circulating gold coins I know of is the Indian Gold Fanam. 200 year old coin and it doesn't have much of a design on it. Very small I think you could pick one up for $30.
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Pillar of the Community
United States
589 Posts |
 March 2015 Stacks Auction $235.  March 2015 Stacks Auction $340. Now smaller.  April 2015 HA.com $182.  April 2015 HA.com $182. Now even smaller.  May 2014 ebay $61.  April 2015 ebay $240. I have seen a smaller on at a coin show and I should have bought it.  |
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Pillar of the Community
United States
940 Posts |
Pytellc, I recommend you don't focus TOO much on small, even if you're on a tight budget. Many gold coins made for circulation over 100 years ago can be bought for just over melt/bullion value today in XF/AU grades. But the value in buying circulated business-strike gold coins as bullion investments is skewed in favor of larger coins. For example, a US $1 gold coin has a melt value today of $56.69, but is valued in the July 2015 Coins Magazine price guide at $225.00 in XF-40 grade as a "type coin." In contrast, a $5 Coronet Head gold coin has a melt value today of $283.47, but is valued at $345.00 in XF-40 grade. So, if you buy a $1 gold coin, you're paying about 4.0 times bullion value for the coin, but if you buy a $5 Coronet Head gold coin, you're paying about 1.2 times bullion value. This is quite a difference that is improved further if you opt for $10 or $20 gold type coins. A foreign option that I recommend that provides a beautiful design at a near-bullion price is the French 20-Franc Rooster coin. |
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Pillar of the Community
Canada
3692 Posts |
Don't even focus on bullion value because gold coins are not bullion (unless they are .999+ fine). Spot value doesn't even figure into it. Collect what you like but get a good deal for the grade of coin, that's it. When you buy a gold coin with a premium attached, are you going to refine it - no, so why even calculate the spot price.
Myself I like the 2 pesos and 2.5 pesos Mexican coins from the 1940s. I'm working my way up to 20 pesos slowly. Do you like sovereigns? Half-sovereigns? Spanish gold? Ducats?
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Pillar of the Community
United States
711 Posts |
I like the old US gold coins $5, $10, and $20 based on budget. You can get a nice looking $5 coin for $400 all day in a slab. If you want smaller or cheaper, go with a Mexico 2 Peso coin. These were $60 out the door at the LCS last week. Just under 1/20th an ounce.  |
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Valued Member
 469 Posts |
Thanks for all the replies, sorry for not mentioning my budget earlier. I was looking to spend under or right at $200.
The two pesos coin is actually one that I am considering.
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Pillar of the Community
United States
7390 Posts |
If you like old world the Mysore Army gold coins are small and not too expensive
Ahh buckeye, I forgot about the 1945 dos pesos. A good one for his budget. Just don't expect for it to actually be struck in 1945 Pytellc
Edited by Cascade
06/06/2015 09:14 am
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Bedrock of the Community
United States
17884 Posts |
Quote:
Okay, he only made 1907 sait gaurdiens doubled Eagles, He also made 1882 three dollar gold pieces. His omega symbol is inside the loop of the R in LIBERTY. |
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Pillar of the Community
 United States
4594 Posts |
That pretty much leaves out the US eagles - figure a common, certified, XF or so at 250, 500, 1000, 2000 (Quarter-2.5$ Half-5$ Eagle-$10 and Double Eagle $20)
Raw is a little cheaper but buy only from very, very reputable dealers - they have been faked (at various skill levels) since at least the 50s.
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Pillar of the Community
United States
940 Posts |
Quote:
If you want smaller or cheaper, go with a Mexico 2 Peso coin. Thanks for the suggestion, Buckeye. That's a nice coin. Gotta get me one of those. |
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Pillar of the Community
United States
675 Posts |
You might consider a quarter eagle (either liberty or indian). Either can be had easily in AU for the upper $200s, and probably $250 or less if you really search. They are about the size of a dime, so are a small coin, but large enough that the details show up nicely with the naked eye.
Edited by Thundercoin
06/08/2015 12:27 am
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Pillar of the Community
United States
940 Posts |
Good suggestion, Thundercoin. The Indians are really nice.
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Replies: 18 / Views: 4,177 |
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Posted 06/05/2015 11:51 pm
