| Author |
 Replies: 13 / Views: 3,008 |
|
|
Pillar of the Community
United States
1298 Posts |
I am starting a gold type set with 10 or 12 coins. Where is the best place (cost) to buy PCGS graded gold coins? Thanks.
|
|
|
|
CCF Advertiser
United States
1533 Posts |
At auction. Heritage conducts weekly auctions as well as periodic signature auctions.
|
|
Bedrock of the Community
United States
11951 Posts |
My suggestion, do the research. Figure out what grade you would be hoping for and then what a good price would be for the coins with that grade. Then start watching Heritage ebaycoin shops coin shows CCF Once you know what a good price, and your watching for coins ... you will find them. |
|
Bedrock of the Community
United States
94367 Posts |
Good advice, could not agree more. Get some experience under your belt and don't rush into it.
What is your budget?
|
|
Pillar of the Community
United States
1450 Posts |
If there is a decent coin shop near you and you get to know the owner you can learn a lot. Most of these real coin dealers were collectors themselves for many years. Plus, you can develop a relationship with particular dealers where they will understand that by being fair to you they will make more money off you than messing with you. No need to rush because the coins will still be there when we are dead and gone.
|
|
Pillar of the Community
 United States
1298 Posts |
Budget is $20 to $25K.
Edited by Ham1947
08/05/2016 7:48 pm
|
|
Pillar of the Community
United States
1298 Posts |
GR58, I would like to have a nice MS63 set. Do you think that is possible with my budget?
|
|
Bedrock of the Community
United States
11951 Posts |
That is a pretty good budget. We are not sure what 10 to 12 coin type set you are thinking about. If it is these 10 coins  The three most expensive coins here, 2 twenty dollar coins and the ten dollar Indian, in MS 63 might be bought for less than $5,000. To know the rest, I would have to check auction records on each coin, but I feel you could do it on your budget. |
|
Bedrock of the Community
United States
12057 Posts |
12 pc would include the $3 Princess & the $4 Stella patterns
You can also expand even more by having T1/T2/T3 $1, all of the Classic gold denominations, so on, so forth.
For $25k I'd go with a really nice 10 pc + an example of the $3 coin, and maybe a couple of the early gold issues as well to add a bit of spice. You could also try something like getting as many C or D mint coins as possible, or including CC gold, etc.
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 Edited by paralyse
08/05/2016 9:08 pm
|
|
Pillar of the Community
United States
1298 Posts |
Here is the set (12 Coins) I am hoping to get. Thanks all for the information. I'll keep you posted on my progress.
U. S. Gold Type Set
Gold Dollar, Type 1 (1849-1854)
Gold Dollar, Type 2 (1854-1856)
Gold Dollar, Type 3 (1856-1889)
Liberty $2-1/2 (1840-1907)
Indian $2-1/2 (1908-1929)
Indian Princess $3 (1854-1889)
Liberty $5 (1839-1908)
Indian Head $5 (1908-1929)
Liberty $10 (1866-1907)
Indian $10 (1907-1933)
Liberty $20 (1850-1907)
St. Gaudens $20 (1907-1933)
|
|
Pillar of the Community
United States
5825 Posts |
The nice thing about type sets is that they can be anything you want.
You establish the definition for yourself.
That being said I chose to follow the NGC Registry Set for the short set of US gold coins.
The NGC gold short set is based on designs created in 1834 or after.
Also it is limited to issues that include business strikes (that eliminates the $4 Stella).
Here's the list:
G$1 Type 1 1849-1854
G$1 Type 2 1854-1856
G$1 Type 3 1856-1889
$2.5 Classic Head 1834-1839
$2.5 Coronet Head 1840-1907
$2.5 Indian Head 1908-1929
$3 Indian Head 1854-1889
$5 Classic Head 1834-1838
$5 Coronet Head, No Motto 1839-1866
$5 Coronet Head, Motto 1866-1908
$5 Indian Head 1908-1929
$10 Coronet Head, No Motto 1838-1866
$10 Coronet Head, Motto 1866-1907
$10 Indian Head, No Motto 1907-1908
$10 Indian Head, Motto 1908-1933
$20 Coronet Head, Type 1 1850-1866
$20 Coronet Head, Type 2 1866-1876
$20 Coronet Head, Type 3 1877-1907
$20 Saint-Gaudens, High Relief
$20 Saint-Gaudens, No Motto 1907-1908
$20 Saint-Gaudens, Motto 1908-1933
Notice that is 21 coins.
Edited by kanga
08/06/2016 08:02 am
|
|
Pillar of the Community
United States
1499 Posts |
I would suggest that you step up from MS-63 to MS-64 graded coins for at least the most common types. Properly selected MS-64 graded coins are very nice, and usually much nicer than MS-63 pieces in my opinion. That was my target grade for many years. They usually cost a lot less than than MS-65 coins, which are sometimes overrated and over priced in my opinion. There are few types, like the the Type III gold dollars in the 1880s, and the St. Gaudens $20 gold can be found in MS-65 for a modest increase in price. Others, like the $10 Indian go way up in MS-65. According to NGC there are 33 gold coins in the complete U.S. type set. If you would like to review them all, here is a link to my NGC Registry set. http://coins.www.collectors-society...leSetID=5345Edited by billjones
08/06/2016 4:08 pm
|
|
Pillar of the Community
United States
4337 Posts |
Whatever you do, don't rush into it. If you have the budget readily available it can be easy to just spend at first sight of desired grade. Remember that you can take your time and choose the best possible eye appeal in the desired grade level.
I would also suggest attending the nearest major coin show to you and buying raw from a reputable dealer. You can always send to PCGS after the fact. IMHO, passing on Classic Head in at least the $2.50 denomination would be leaving a missing link to your type set. Its a very good looking design. And to echo Paralyse, you'll do well to obtain scarce MMs in certain issues as the long term resale of any given coin by your heirs (or yourself) will be best obtained by having not-so-common dates/mm's.
Good luck and of course, post pics!
|
|
Pillar of the Community
United States
1298 Posts |
Thanks everyone. You information and tips are very helpful. As mentioned, I can always add to the type set as I progress in completing the set.
|
| |
Replies: 13 / Views: 3,008 |
|
Posted 08/05/2016 4:24 pm
