| Author |
 Replies: 10 / Views: 1,482 |
|
|
Valued Member
United States
431 Posts |
|
|
|
|
Pillar of the Community
United States
4211 Posts |
Very nice! Congrats to your brother  |
|
Valued Member
United States
152 Posts |
Depends on how much he paid. If he overpaid, it will not be a good investment. If he got a good deal, then maybe :)
|
|
Pillar of the Community
United States
3210 Posts |
George did you buy that coin from J. and J coin in new Windsor? I was looking at a very similar coin with a broken part of the slab a few months ago.
|
|
Pillar of the Community
United States
1499 Posts |
Yes, it does depend upon how much he paid. Going by the close-up pictures, and that takes it to a semi-guess, because such pictures really need to be clear on a coin of this size, I'd say that it is better than average for an NGC graded gold coin. NGC has disappointed me at times with its gold coin grading.
|
|
Pillar of the Community
United States
3343 Posts |
If he likes it it's a good investment. I normally don't like small coins because I have trouble seeing the details. But I'm liking dollars more and more, especially the branch mintages. I'd especially like to have one from a southern mint.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
03/23/2016 4:41 pm
|
|
Bedrock of the Community
United States
94367 Posts |
OK, so what did he pay?  |
|
Pillar of the Community
 United States
3058 Posts |
Nice, I just don't like the broken slab.
|
|
Pillar of the Community
United States
1499 Posts |
Some dealers have been saying for years (since the 1970s) that the type II gold dollar is over rated as a type. Although the design was only issued for one year and parts of two other years, the 1954 and 1855 coins are around in fairly large quantities. I have noticed this over many years of going to the major shows.
The type is really only rare in choice MS-63 and 64 or Gem MS-65+ in part because they were often not well struck.
|
|
Valued Member
United States
291 Posts |
I know this post is about Type II dollars, but I have noticed that the price of Type I gold dollars have been dropping significantly over the past several years. I recently picked up a PCGS graded Type I in MS-64 for half what they were selling for a year ago on ebay. |
|
Pillar of the Community
United States
1499 Posts |
Yes, the type I gold dollars have taken a dip, but some of that might be due to "grade-flatiron." The grading has gotten loser in recent years.
|
| |
Replies: 10 / Views: 1,482 |
|
Posted 03/23/2016 4:04 pm
