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 Replies: 21 / Views: 2,348 |
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Valued Member
Norway
61 Posts |
Edited by christians86
10/04/2014 09:16 am
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Pillar of the Community
United States
1584 Posts |
I would. The authentication alone would be a plus.
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Moderator
 United States
23522 Posts |
The 1898 might squeak out a Mint State grade. Both are high-mintage San Francisco issues which don't carry any real premium over melt in the grade, but as noD mentioned the authentication aspect has to be considered.
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Pillar of the Community
United States
2368 Posts |
I would definitely get them certified. NGC is a good choice.
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Valued Member
 Norway
61 Posts |
Any suggestions as to grade they would get?
Lucky for me I didn't pay more than melt or 10% below melt for each....I think one coin dealer didn't quite get what he had so he sold it to me for less than melt :)
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Pillar of the Community
Canada
5417 Posts |
Go for it. Coins of this value definitely need to be in a slab atleast for the guarantee of authenticity if not for the grade.
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Pillar of the Community
United States
759 Posts |
I see the 1904 as AU best and the 1893 as possible MS. Personally, I would not slab. Do I recommend you slab? Without knowing what your intentions and time frame are, I can't say. Interestingly, if you want to sell fast, given your location and the market, I think you see a negative return on the full slabbing cost in the short run.
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Moderator
United States
16679 Posts |
I would wager AU55 and MS61.
Of course these are my opinions. Yes, send them in.
swcoin.ecrater.com
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Valued Member
Norway
61 Posts |
My time frame is that the coins I build up now stays with me at least until I'm 40....which means 12 years from now. The money I spend now are money I would have used on electronics and other stupid things, and my girlfriend is just happy that I have a hobby that drives me :) Off course - I have a lot of bullion etc and some will be sold before that time to buy coins I really want to have but the US double eagles and pre 1933 coins I intend to keep as the "jewels of my collection"...if you see my point :)
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Moderator
United States
16679 Posts |
When I was 28, I was pretty serious about collecting/investing.
About 23, I sold some coins I will never see again (made stupid financial decisions).
I'm 44 now and am glad I made the decisions I did at your age ;-)
swcoin.ecrater.com
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Pillar of the Community
United States
8137 Posts |
I would get them certified for the confidence of authenticity it would give.
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Pillar of the Community
United States
759 Posts |
@christians86, OK, I was thinking if you wanted to sell in 2-3 months, spot market moves very well could erase any bump you might get from slabbing. If these are to be the long term jewels of your collection, I could see slabbing the 1893. As for the 1904, your call, but I don't see much upside. I love my raw AU double eagles as there is something special about being able to actually handle that gold weight, history and value. I hand my kids a slab, they couldn't care less. I hand them the double eagle and it's, "Wow." My raw gold is part of what makes this enjoyable for me.
And I applaud your financial decision making. Years from now others will have a pile of obsolete electronics and you have your collection and a bunch of bullion on the asset side of your balance sheet.
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Valued Member
Norway
61 Posts |
Thanks everyone :)
I'll have to think about it....I have friend who ships to NGC on a regulary basis, and he offered to let me in as he has shipping deal with UPS including insurance. So I might just ship both with him as the cost is 200 NOK or something per coin maybe. I'll have to see :)
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Pillar of the Community
Canada
5417 Posts |
200 NOK is about $30 USD per coin so that doesn't seem bad. Good luck  |
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Pillar of the Community
United States
506 Posts |
Please keep us posted.  |
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Bedrock of the Community
United States
36746 Posts |
1904 AU-55
1898 MS-61
Since they are worth at least $1200-1300 each, I would get both coins slabbed.
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Replies: 21 / Views: 2,348 |
Posted 10/04/2014 09:14 am
