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 Replies: 11 / Views: 1,973 |
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Pillar of the Community
United States
1450 Posts |
Is anyone hear a serious collector of the $20 gold piece? I saw one a few days ago in excellent condition, and it is a most beautiful coin . If a person wanted to collect some gold how would collecting those double eagles stack up against just buying the one ounce bullion gold pieces? Can you imagine that up until 1933 the gold piece was only worth 20 bucks? Gold is selling for 1250 an ounce I think now, but it could be $600 an ounce in ten years. The double eagle has a value all its own beyond just it gold value. Every commodity can swing drastically in price just like stocks or oil or houses.
John
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Pillar of the Community
United States
1748 Posts |
Welcome to the forum, btw :). I am collector of $20 Liberty Head and Saint Gaudens. What was the year and design you looked at?
Yes, they are beautiful coins. Especially when they tone that orange gold color.
Edited by DoubleEagle20
02/26/2015 8:22 pm
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Pillar of the Community
United States
675 Posts |
I would much rather spend a little bit of extra money and get a collectible pre-1933 gold coin instead of some bullion. The price difference isn't much.... I am also in the market for my first St. Gaudens!
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Pillar of the Community
 United States
1450 Posts |
I think it was a 1927 Double Eagle and if was in at least EF condition I would say. I agree with Thundercoin about collecting the Double Eagles because they have gold value and also historic, cultural and artistic value and they ain't making any more. It was the St. Gauden's. The dealer had sold it already but it was still in his safe. He was not asking $1600 for it. Is was less, but I can't even afford to buy some of my Walking Liberty halves in EF condition. When this dealer sells me an EF coin it is in EF condition not like ebay where they say it is inbetween VF and EF. I have a hard time making that distinction from a picture. When I see the coin in person it is more obvious to me. I am a FNG at coin collecting, but this has never stopped me from having opinions in the past. The St. Gauden's is even mentioned in St. James Infirmary Blues, so this coin is an icon in American history. |
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Pillar of the Community
United States
3234 Posts |
Unless the $20 coin is a rare date, I'd avoid getting circulated pieces. Uncirculated ones are not much more premium and usually have much nicer eye appeal.
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Valued Member
204 Posts |
Where did you see this coin at? A local show?
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Valued Member
United States
194 Posts |
I have one, as well as some bullion eagles as well. Definitely prefer the double eagles though! I'd go for one in at least AU condition, as the lower condition ones really aren't much cheaper.
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Pillar of the Community
United States
675 Posts |
I would agree with the others as for the grade. Go for something at least high AU. Even up to MS-64 pieces don't carry much of a premium over the circulated pieces at least for common dates.
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Moderator
 United States
23522 Posts |
Double Eagles can be collected anywhere on the spectrum from "bullion investment" to "Top Pops only, thank you." Really appealing examples in good grade from common years may be had at small numismatic premium, while there are rare issues and Condition Rarities for the focused numismatist. And the single most beautiful US Business Strike, to boot. Aside the unit cost, an ideal collecting target.
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Pillar of the Community
United States
1748 Posts |
I'd aim for a nice MS-64 1927 or 1928 Saint in a PCGS holder, if I were in your shoes. There are too many counterfeits out there, so buying raw is quite a risk.
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Valued Member
Canada
160 Posts |
Love them but can't afford to collect them.
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Pillar of the Community
United States
675 Posts |
Quote:
I'd aim for a nice MS-64 1927 or 1928 Saint in a PCGS holder, if I were in your shoes. Any particular reason you would choose those years? |
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Replies: 11 / Views: 1,973 |
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Posted 02/26/2015 9:21 pm
