| Author |
 Replies: 42 / Views: 4,311 |
|
Pillar of the Community
United States
533 Posts |
I do like my certified Morgans especially MS-64 but what would be a good gold US coin to collect? Something plentiful, not super expensive (knowing the underlying gold is a lot more than silver) and has a classic design? Something I could buy as certified?
|
|
|
|
CCF Advertiser
United States
1533 Posts |
Try to put together a set of $2.5 Indians. All the coins are easily available and there is only 1 key, the 1911-D, which will run you $4K or so in slider unc. I like the series in AU-58 - MS-63.
|
|
Pillar of the Community
United States
2936 Posts |
I'd go for Liberty Head Half Eagles.... Lots of years and lots of mint marks - both with and without Motto.
|
|
Pillar of the Community
United States
2233 Posts |
A set of Roosevelt dimes or Jefferson nickels might be good. You might set a challenge to only buy coins of a specific grade or higher. Of course, there's the ever-popular Ike dollar set. You might also be interested in Franklin halves. They're relatively inexpensive until you get to the higher grade FBL coins. If you're really advanced you might even try a 7070 (1 of each type coin from the 1800s on) |
|
Pillar of the Community
 United States
533 Posts |
|
|
Bedrock of the Community
United States
20753 Posts |
Get one of those 2016 Mercury dimes. So many complaints about their quality, I think in the future they may actually be worth a lot. Maybe. |
|
Bedrock of the Community
United States
94367 Posts |
In the gold issues, I'd have to agree with the $2.50 Indians (for a set to complete) or $5 Libertys (for endless examples). If you were looking for just a single coin, my favorite affordable one is the $10 Indian.
How much is your budget?
|
|
Bedrock of the Community
United States
11951 Posts |
There is really so many to choose from. The $2.50 gold Indian has been mentioned. I have been working on that set for over a year.   Another common way is a type set, like Dansco page six. But you could do it in graded slabs or capitol coin holders.  |
|
Pillar of the Community
United States
1450 Posts |
I think you get the most gold for the dollar with some of the Liberty Head $20 coins. I don't think there are any bad gold coins to collect. There are just some that are almost impossible to complete sets. The only ones that a person might be able to complete is the $2.50 coin or maybe the $5 coin. Even the $5 coin is very difficult to complete a date/mint set. It depends on your budget.
|
|
Pillar of the Community
United States
533 Posts |
Budget? I sort of buy what I like when I have money and see it. I can afford some $500 to $1,000 coins but not $5,000 ones at present.
I don't need to collect all of a series or anything what I want is the individual coin is attractive, that it will hold its value (somewhat important to me) and I will enjoy looking at it.
Honestly I don't like the Indian looks
|
|
Pillar of the Community
United States
968 Posts |
I think quarter eagles will give you the best affordability. Anything larger and it has double or more the amount of gold, which directly impacts price. But on the other hand gold dollars seem to have enough rarity that their prices don't seem to be just gold price plus a modest premium, whereas you get that on a lot of the $2.5s. You might also keep an eye on gold prices. They have been creeping up again, especially since the Brexit vote. I think they will keep going up until the US election before settling down again. I'm not looking to do a series myself, but I am wanting to fill in the remaining slots in my 7070 gold page and plan to wait a while.
|
|
Pillar of the Community
United States
533 Posts |
So if I get this right this $10 eagle for $725 http://www.ebay.com/itm/14196091258...RK:MEBIDX:ITis selling at a 12% premium over melt (about $647)? Not really a bad deal all things considered knowing that the buy it now price can usually be bettered. Seems like the quarter and half Eagles have higher premiums over spot (going up as the denomination goes down) |
|
Pillar of the Community
United States
1499 Posts |
Some people have suggested collecting $20 gold coins. You have numismatic value plus almost an ounce of gold in each piece. I tend to be a small gold coin person, but I thought I'd pass that along.
|
|
Pillar of the Community
United States
2023 Posts |
With so many designs shared among the denominations, I'd go for the $5 pieces. They're not as affordable but there's more metal and they're nicer to look at. I'm at about the same budget ($500-$1000) -- the $10 eagles are just out of my price range, and with the half-eagle I have, I'm not compelled to buy smaller versions of the same portrait. But what I really want is a $3 piece, just for the oddity of it.
|
|
Bedrock of the Community
United States
12057 Posts |
If you don't mind coins with issues (scratches, ex-jewelry) you can still find occasional $3 Gold in certain common dates for less than $500.
My personal favorite choices of US Gold Coin to look at are the ones minted at Charlotte & Dahlonega.
Unfortunately, due to not being wealthy, my personal favorite choices of US Gold Coins to actually own and collect would be the $5 Half Eagles in both the Liberty Head & Indian designs.
You can still find plenty of common date $1 gold (Type 2's) for slight premiums above melt in VF-XF, sometimes even into low AU, and ex-jewelry/details coins are usually priced at melt.
I don't own a single $20 gold coin, yet, that's a once in a lifetime purchase, at least for now.
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis |
|
Valued Member
United States
383 Posts |
Relatively inexpensive for a gold U.S. coin and available enough that with patience, you can find a very good example of every date - the Indian $2.5 QE.
ET
|
| |
Replies: 42 / Views: 4,311 |
Posted 07/16/2016 1:07 pm
