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$7.4m Worth Of Gold Coin

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poboxw's Avatar
Canada
1502 Posts
 Posted 12/12/2011  2:53 pm Show Profile   Bookmark this topic Add poboxw to your friends list Get a Link to this Message Number of Subscribers
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 12/12/2011  3:07 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
I would not mind added that slab to my collection. The holy grail retirement slab, lol....
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D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 12/12/2011  6:18 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
Valued Member
chris beatie's Avatar
344 Posts
 Posted 12/12/2011  6:40 pm  Show Profile   Bookmark this reply Add chris beatie to your friends list Get a Link to this Reply
I have 10 of those buried in my yard.
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trout1105's Avatar
Australia
7096 Posts
 Posted 12/12/2011  6:44 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
I'll come and help you dig them up if you like
Valued Member
United States
257 Posts
 Posted 12/14/2011  12:41 am  Show Profile   Bookmark this reply Add wpd7 to your friends list Get a Link to this Reply
Saw the title and was thinking piles of gold coins.

Nice coin though, I wish I could see the other side too.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 12/14/2011  01:18 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Before opening the link, I thought to myself 'this would have to be a Brasher Doubloon'!
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mariospaghetti's Avatar
United States
421 Posts
 Posted 12/14/2011  02:43 am  Show Profile   Bookmark this reply Add mariospaghetti to your friends list Get a Link to this Reply
At first I thought the link was for the 10 (missing/reappered) 1933 Double eagles that are in question before the courts. But that would have said like 77.3 million instead. Very nice article. I can't blame John albanese for offering 5.5 mil for it 3 years ago.
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 12/25/2011  06:49 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
Another case of stupid guiklding the lily.

The coin has been certified genuine, what makes the difference if it's au50 or ms63? It's the only one, so it's not like it will sell for more with a different grade on it.

Just watch, tho, if it's offered again in a few years, they'll take it to NGC and get an au53.

And why does it need a CAC jellybean?
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Bryan1315's Avatar
United States
14454 Posts
 Posted 12/25/2011  09:59 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I guess 4.4 million isn't bad for a 7 year investment

Quote:
At first I thought the link was for the 10 (missing/reappered) 1933 Double eagles that are in question before the courts. But that would have said like 77.3 million instead.

I doubt we will ever see any of those for sale. The Government could sell them and pay off some of the debt but when its all over they will probably end up destroying them because I really doubt they will make them legal tender so they can sell them after the battle in the courts. Even if they did the price would be nowhere near the price of the first one that sold because instead of 1 there is 10 and as was said in that article there just aren't enough people in the world that have the assets to purchase coins like this to make the prices go that high for 10 coins of the same date/denomination no matter how rare
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Ed_B's Avatar
United States
4008 Posts
 Posted 12/25/2011  6:33 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply
It would make a HUGE amount of sense for the government to auction them to various dealers who are authorized to buy from the US Mint. Knowing that, I do not see it happening. Somehow, the government always seems to find the worst way of doing just about everything. It's almost like they have to take a class in this or something.
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