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$2.50 Liberty/Coronet Gold - Any Collectors?

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hesgut's Avatar
1028 Posts
 Posted 05/13/2013  5:04 pm  Show Profile   Bookmark this reply Add hesgut to your friends list Get a Link to this Reply
That G-6 is pretty interesting. I've never seen one grade that low before.

The problem with these coins is finding them at a fair price. The supply is pretty low, but demand is also very low. There are extremely few collectors for these pieces in anything other than type. With the price of gold where it is....even with the recent drop...most of them don't really have any business going for higher than spot (plus a tiny premium). Now pretty much every seller seems to be asking spot plus a bunch for the common dates presumably because there is this misguided view that old US gold has to be more valuable than modern bullion. Some pieces are obviously rare in numismatic terms, but many are not.

I sort of like them. The 2.5 are a bit small IMO. I've become more interested in gold than I was a few years ago, but still not enough to want to collect them. I do prefer the coronet to the "indian princess" personally, but I'm not sure if others feel the same.
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dsfreeworld's Avatar
United States
4337 Posts
 Posted 05/13/2013  5:16 pm  Show Profile   Bookmark this reply Add dsfreeworld to your friends list Get a Link to this Reply
i just purchased my first gold and its an 1843
i obviously paid WAY over spot for it but I wanted an old gold piece and this did it for me for no other reason than I walked into the auction with a few minutes left and sniped it at what HA/TT were hammering near in recent offerings.

https://goccf.com/t/149614

i am going to nab a few gold coins but for type purposes only. I will not get into collecting these as a set.

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Keatsian's Avatar
United States
23 Posts
 Posted 05/13/2013  6:04 pm  Show Profile   Bookmark this reply Add Keatsian to your friends list Get a Link to this Reply
dsfree, nice coin!
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Keatsian's Avatar
United States
23 Posts
 Posted 05/13/2013  6:14 pm  Show Profile   Bookmark this reply Add Keatsian to your friends list Get a Link to this Reply

Quote:
The problem with these coins is finding them at a fair price. The supply is pretty low, but demand is also very low. There are extremely few collectors for these pieces in anything other than type. With the price of gold where it is....even with the recent drop...most of them don't really have any business going for higher than spot (plus a tiny premium). Now pretty much every seller seems to be asking spot plus a bunch for the common dates presumably because there is this misguided view that old US gold has to be more valuable than modern bullion. Some pieces are obviously rare in numismatic terms, but many are not.


hesgut, thanks for the informative reply. I agree with you about ridiculous premiums for "old gold"--especially those with high mintage.

In my collection, I am targeting the coins with tiny mintage--or those with small survival rates. These seem to be the most interesting, and I have been able to find some good deals.

Thanks again for sharing.
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minidude1111's Avatar
Canada
115 Posts
 Posted 04/23/2014  8:36 pm  Show Profile   Bookmark this reply Add minidude1111 to your friends list Get a Link to this Reply
sorry just noticed I meant to say walking liberty XD
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Cruisinfusion's Avatar
United States
1531 Posts
 Posted 04/23/2014  8:48 pm  Show Profile   Bookmark this reply Add Cruisinfusion to your friends list Get a Link to this Reply
That was nearly a year ago...
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zxcccxz's Avatar
Canada
5417 Posts
 Posted 04/23/2014  8:52 pm  Show Profile   Bookmark this reply Add zxcccxz to your friends list Get a Link to this Reply
Yeah, minidude, why revive a topic that is so old....

Mods please lock.
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minidude1111's Avatar
Canada
115 Posts
 Posted 04/23/2014  8:54 pm  Show Profile   Bookmark this reply Add minidude1111 to your friends list Get a Link to this Reply
why not revive an old topic? it was an interesting topic wasn't it?
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EarlyTurban's Avatar
United States
383 Posts
 Posted 04/23/2014  10:50 pm  Show Profile   Bookmark this reply Add EarlyTurban to your friends list Get a Link to this Reply
One reason to revive the thread would be to add some additional eye candy - anyone have other recent QE pick ups to share?

$2.50-Liberty/Coronet-Gold---Any-Collectors?[/URL]

ET
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Cruisinfusion's Avatar
United States
1531 Posts
 Posted 04/23/2014  10:57 pm  Show Profile   Bookmark this reply Add Cruisinfusion to your friends list Get a Link to this Reply
Well, I suppose I can contribute. Though I don't own any quarters, halves, eagles, doubles, my step-father does. Here's one from his collection:
Maybe I'll buy it from him when I get the money! I really want a pre-33 gold.
$2.50-Liberty/Coronet-Gold---Any-Collectors?
Edited by Cruisinfusion
04/23/2014 10:59 pm
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Joe2007's Avatar
United States
3843 Posts
 Posted 04/24/2014  02:16 am  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
Sweet Charlotte gold EarlyTurban!

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minidude1111's Avatar
Canada
115 Posts
 Posted 04/24/2014  4:00 pm  Show Profile   Bookmark this reply Add minidude1111 to your friends list Get a Link to this Reply
see sometimes its a good thing to revive old topics
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johntookit's Avatar
United States
589 Posts
 Posted 04/24/2014  5:00 pm  Show Profile   Bookmark this reply Add johntookit to your friends list Get a Link to this Reply
Here is one I bought of e-bay

$2.50-Liberty/Coronet-Gold---Any-Collectors?
I was also trying to win one in the G-4, but I was outbid at the last monument. I like them because they look old and most collectors don't buy these in lower grades.
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EarlyTurban's Avatar
United States
383 Posts
 Posted 04/24/2014  8:14 pm  Show Profile   Bookmark this reply Add EarlyTurban to your friends list Get a Link to this Reply
I like the color of the '66-S and the '57-S is well-worn, but a nice one indeed. Ah the stories it could tell.

Here's the '43-C Small Date's sister -

$2.50-Liberty/Coronet-Gold---Any-Collectors?

ET
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Susuman's Avatar
United States
595 Posts
 Posted 04/25/2014  5:37 pm  Show Profile   Bookmark this reply Add Susuman to your friends list Get a Link to this Reply
This is my oldest $2.5 gold piece - 1854. This was given to me by grandmother in the early 1980's.


$2.50-Liberty/Coronet-Gold---Any-Collectors?

$2.50-Liberty/Coronet-Gold---Any-Collectors?
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