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Bedrock of the Community
United States
10982 Posts |
Please follow this link: http://mintnewsblog.blogspot.com/20...-policy.htmlThe notification also provides collectors with the price for the 2009 Ultra High Relief Gold Double Eagle. Provided the average price of gold remains between $850.00 - $899.99, the price will be $1,239.00.  Ouch! I was hoping for about $1000! |
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Pillar of the Community
United States
2269 Posts |
It looks like I won't be purchasing one of these any time soon.
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Pillar of the Community
United States
3098 Posts |
 Well then, I'm going to wait for aftermarket... |
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Pillar of the Community
United States
4541 Posts |
i knew it was gonna be high... According to the chart you would be better off getting it if gold went up to 1500.00 b/c then it would only cost you 1539.00 Chart Blown Up |
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Pillar of the Community
United States
3098 Posts |
That's $1.15k - $1.2k, mister! The mint know how to make a profit!!  But at least they give you the breakdown... 26-34% O/H and other cost?! Puh-leez. Rather buy Olympic Maples that have ACTUAL MINTAGE CAPS and are only 10% O/H max!! |
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Pillar of the Community
United States
6326 Posts |
I was guessing it'd be around $1,300.00 for this coin..........  Edited by eaglefoot
01/08/2009 08:40 am
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Valued Member
United States
191 Posts |
The price might be a little too much for me. I'm afraid if I don't buy it from the mint there will be an even bigger premium on the coin. What are we suppose to do. Is there a certain time when we will be able to order? I know the Lincoln commem goes on sale the 22 but what time?
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Moderator
 United States
195203 Posts |
Quote:
2009 Ultra High Relief Gold Double Eagle... the price will be $1,239.00. Ouch! I would like to have one, but I would like to have a 1909-S VDB more!  Edited by jbuck
01/08/2009 10:17 am
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Valued Member
United States
462 Posts |
It all depends on how much of a Risk Taker you are. Many credit card companies are offering ZERO percent interest until 1/1/2010. So you get that card, buy the Ultra High Relief Gold Coin, and hope it goes up. If it does, then you sell it, pay off the credit card and pocket the profit. If you want to keep it, then you just need to pay $100.00 a month on the credit card and it pays off before the Credit Card starts charging interest.
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Pillar of the Community
United States
2269 Posts |
I really like the idea of owning a Ultra High Relief Gold Double Eagle but, I'm thinking about waiting a while before I purchase it on the secondary market. A few years ago, I purchased the 1 ounce Gold Proof Buffalo from the Mint when it was released. Last year I was able to sell it for a 10% profit. But I purchased the Buffalo for the list price of $800.00 in 2006. I can't see being able to sell the Ultra High Relief Gold Double Eagle for a profit when the price is over $1,200.
When I sold the Buffalo, I sold it for the spot price of Gold. The Ultra High Relief Gold Double Eagle is a beautiful coin, but I'm going to be patient for this one.
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Replies: 9 / Views: 1,006 |
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Posted 01/06/2009 10:34 pm
