1896 Double Eagle Grading. - Page 2

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Author	Replies: 21 / Views: 1,931	Page: of 2

BH1964 Bedrock of the Community United States 10982 Posts	Posted 07/28/2016 9:50 pm This date trades as a bullion coin (primarily metal value) up to MS62 these days. Since your coin has little chance of exceeding that grade I wouldn't be too concerned about AU58 vs MS60. It looks completely genuine and contains nearly one troy ounce of gold, that's where the monetary value is and you have a nice big hunk of gold there. ANA #R3154474 Report this Post to the Staff
macmercury Pillar of the Community United States 5833 Posts	Posted 07/28/2016 9:54 pm Unless you need the cash now! Hold on to it for a few months longer and you can probably get an extra $100 - $200 more when gold goes above $1400. Report this Post to the Staff
Joseph7420 Bedrock of the Community Canada 11922 Posts	Posted 07/28/2016 10:04 pm I would think AU-58. Report this Post to the Staff
dubeagle New Member United States 6 Posts	Posted 07/29/2016 04:26 am Thanks for all the info guys. So basically double eagles are not a real gem and very valuable intrinsically unless it is graded 61 and higher? Is this correct. I did have a local coin dealer offer me $1350 for it today. I told him I would let him know tomorrow because I got this for a great deal I'm tempted to take it as I would make a quick 200 on it. But the real question is what would be the next coin to start shopping for. I really want to start buying and selling classic gold coins for a turn around profit. Any Suggestions? Report this Post to the Staff
BH1964 Bedrock of the Community United States 10982 Posts	Posted 07/29/2016 07:50 am Quote: So basically double eagles are not a real gem and very valuable intrinsically unless it is graded 61 and higher? Is this correct. Not correct. This varies greatly by date/mm. Yours is a common date so it really needs to grade MS to be worth a significant premium over melt value. Your coin melts at $1290 today so $1350 is a fair offer. ANA #R3154474 Report this Post to the Staff
IndianGoldEagle Bedrock of the Community United States 36844 Posts	Posted 07/29/2016 08:04 am AU-58 Report this Post to the Staff
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