1853 Double Eagle - Page 2 - Coin Community Forum

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Author	Replies: 21 / Views: 2,317	Page: of 2

Lobby Pillar of the Community United States 548 Posts	Posted 08/01/2012 3:18 pm Paying $50 for a coin with $20 face value. Except for the fact that $50 was a lot of money 45 years ago, that seems like a reasonable deal. Makes one think we should be investing in 1893-S Morgans right now... Report this Post to the Staff
IndianGoldEagle Bedrock of the Community United States 36845 Posts	Posted 08/01/2012 4:57 pm Quote: Makes one think we should be investing in 1893-S Morgans right now... At the time that 1853 $20 was $48, you could buy nice BU $5 Liberty's in the $18-20 range. Think I would rather spend the money buying BU $5 Liberty's today in the $500 range than sink the money in 1893-S Morgans, but that's just me. Report this Post to the Staff
Lobby Pillar of the Community United States 548 Posts	Posted 08/01/2012 5:08 pm I dunno. If he gets an MS-63 grade for that coin, he's got $30k in that thing. For a coin with only $1600 dollars worth of gold, that collector value is pretty good. :-) Report this Post to the Staff
ray1221 New Member United States 31 Posts	Posted 08/01/2012 6:59 pm The dealer I bought it from was a nice guy. I don't feel bad that I overpaid $2. I didn't know at the time but it is a good date. Report this Post to the Staff
mkman123 Pillar of the Community United States 3184 Posts	Posted 08/01/2012 7:44 pm good job! Send it in to get graded! Report this Post to the Staff
Jaobler Pillar of the Community United States 6396 Posts	Posted 08/01/2012 11:14 pm It really is an exceptionally nice double eagle, with extremely clean fields and a strong strike. The mint frost on the coronet between the letters of LIBERTY looks perfect. There might be enough rub in the obverse fields to make it a technical AU-58 but the eye appeal is so much better. Beautiful! I suggest you find a PCGS-authorized dealer to handle the submission for you. I expect they should charge you $100 or a bit more and it's money well spent. Make sure you get receipts! Report this Post to the Staff
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