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Looking To Buy My First Double Eagle

 
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Author Previous TopicReplies: 13 / Views: 663Next Topic  
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United States
15 Posts
 Posted 07/11/2020  4:18 pm Show Profile   Bookmark this topic Add Thattalldude to your friends list Get a Link to this Message
Recently I've been looking at buying one of my dream coins. I've always wanted a double Eagle and I think the time has come. Though my budget is tight and I will most likely sell my $5 Indian that I picked up a few years ago to help me cover the cost. I have some questions that I hope y'all could help me figure out

Saint Gauden or Liberty Head? - I want to get the Gauden because it's so well known and one of the most beautiful coins ever made. Though I have a soft spot for the Liberty head. I only have the funds for 1, so if you could only pick one which would it be?

Years? - I'm not particular about the year of either the Gauden or Liberty. I just want to own one of them. The only thing I really care about is it to be MS with a good amount of luster, and graded by PCGS or NGC. I'm trying to save as much as I can, so which years are typically the cheapest of the two?

Best Place to Buy? - I've been looking at eBay, though I don't know if there are better places to buy from, such as coin shows.
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United States
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 Posted 07/11/2020  6:34 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
Common date slab Saint Gauden or Liberty Head in low MS grade will be over 2 grands plus tax, if you go to a coin show you may avoid paying tax? Depending which state you lived. I like both, so either one or the other, or wait till prices goes down, but we're on a bull trend at the moment, it maybe a longer wait.

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United States
7200 Posts
 Posted 07/11/2020  7:14 pm  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
Opinion Warning:
It depends on how picky you are. If you're gonna go Liberty Head buy no less than a 65 or you're gonna regret it, Lib Heads are really good at showing marks.

Saints hide their marks a lot better which is nice, but have more muted luster, especially when compared to some Liberty Heads.

Personally, I'd never touch a saint. They are a neat design and all sure, but the muted luster and often soft central strikes are a no for me. If I was gonna buy one it'd probably be a modern gold eagle ($50).
My best finds: 1999-WAM:http://goccf.com/t/332161 1988-RDV-6:http://goccf.com/t/335954#2873459 1986-Off-center: http://goccf.com/t/335952
1999 WAM #2:http://goccf.com/t/338710&whichpage=1
1981 Double Struck In Collar: http://goccf.com/t/350199&whichpage=1
ANA id: 3194067
My Type Set: https://www.NGCcoin.com/registry/co...sets/236574/
If you want to buy something or sell something or just talk, shoot me a PM!
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2105 Posts
 Posted 07/12/2020  09:05 am  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
I prefer early S (pre 1870) or CC as old west history, without regard to wear. APMEX used to have a fair amount in the lower price range, but are pretty picked over now. They'd be a better choice than eBay for raw coins.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
07/12/2020 09:06 am
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 Posted 07/12/2020  1:06 pm  Show Profile   Bookmark this reply Add machine20 to your friends list Get a Link to this Reply
maybe wait til gold goes back down?
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 Posted 07/12/2020  9:22 pm  Show Profile   Bookmark this reply Add suipakpaikungfu to your friends list Get a Link to this Reply
If it goes back down... I'd buy it now.
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 Posted 07/13/2020  01:38 am  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Best advice is to buy a coin you love. There are tens of thousands of certified double eagles to choose from.

If you want a certified MS65 coin there are only a handful of Liberty double eagle dates that sell for less than $2500. Many more dates in the Saint Gaudens series sell in that price range in gem grade.

I prefer the Liberty design and PCGS holders but that's just me.

Good luck on your quest!

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 Posted 07/13/2020  09:03 am  Show Profile   Bookmark this reply Add thecoinguy1964 to your friends list Get a Link to this Reply
I bought my first last year, when gold was around $1400 a ounce. I only wish I'd gotten in a few years back. If you can attend a local coin show, many dealers are selling around melt, without the premiums. Good luck!
"When a strong man, fully armed, guards his house, his possessions are safe."
- Luke 11:21
Edited by thecoinguy1964
07/13/2020 3:04 pm
Valued Member
United States
266 Posts
 Posted 07/13/2020  11:17 am  Show Profile   Check Lancek's eBay Listings Bookmark this reply Add Lancek to your friends list Get a Link to this Reply
I prefer the St Gauden's. I've bid on a lot over the years but never managed to get one. Kicking myself for not bidding a little higher when gold was at $1300. There are plenty of years that go for slightly over melt. Just check the PCGS or NCS price guide. If your state doesn't tax coins, then you shouldn't have to worry about that. Even online. Sights like Ebay take that into account.
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 Posted 07/13/2020  3:00 pm  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply

Quote:
If your state doesn't tax coins, then you shouldn't have to worry about that. Even online. Sights like Ebay take that into account.


I dunno about that. MD law says anything 1k or up is tax free, but I've bought multiple over 1k coins and been charged sales tax on them.
My best finds: 1999-WAM:http://goccf.com/t/332161 1988-RDV-6:http://goccf.com/t/335954#2873459 1986-Off-center: http://goccf.com/t/335952
1999 WAM #2:http://goccf.com/t/338710&whichpage=1
1981 Double Struck In Collar: http://goccf.com/t/350199&whichpage=1
ANA id: 3194067
My Type Set: https://www.NGCcoin.com/registry/co...sets/236574/
If you want to buy something or sell something or just talk, shoot me a PM!
Valued Member
United States
282 Posts
 Posted 07/13/2020  3:24 pm  Show Profile   Bookmark this reply Add usc96 to your friends list Get a Link to this Reply
The most common dates for each are 1904 (Liberty) and 1924 (Saints). Both can be had in MS for not too much more than spot.

For common date Liberties the prices go up from just above melt starting at MS63/64

For common date Saints the prices go up from just above melt starting at MS64/65.
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 Posted 07/14/2020  3:53 pm  Show Profile   Bookmark this reply Add kena to your friends list Get a Link to this Reply
When I had the funds to do this back in August of 2018, I went with a 1922 P $20 Saint Gaudens PCGS MS62 coin.
CCF member Member Since: 07/27/2008
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926 Posts
 Posted 07/14/2020  6:39 pm  Show Profile   Bookmark this reply Add thecoinguy1964 to your friends list Get a Link to this Reply
I think I may have finally figured out how to post pictures on here once again!
"When a strong man, fully armed, guards his house, his possessions are safe."
- Luke 11:21
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 Posted 07/18/2020  10:34 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
Pick what you like but slabbed coins will not cost much more than raw ones so at least buy NGC/PCGS slabbed. Liberties typically are a bit less than St Gaudens. If you want a specific date it will cost you more than a random one. Right now Bullion Exchanges has some in stock, but they don't carry a steady inventory.
Edited by jimbucks
07/18/2020 10:40 pm
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