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Replies: 9 / Views: 1,202 |
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New Member
United States
2 Posts |
Can anyone offer any advice or point me in the right direction? Every year I add one or two pieces of gold bullion to my stack and now I'm interested in adding a few collector coins. I really like the $20 Liberty coins and I found a few scarcer dates ranging in quality between XF-AU. My question is, is the $20 Liberty a popular series? Is there a way to find annual sales or transactions to determine if the series is trending up, down, or stagnant? Id hate to purchase a coin thats already in decline and then in 20 years have no one interested in purchasing it.
Thanks
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Pillar of the Community
United States
7190 Posts |
There will always be interest in these large gold pieces. Tho the st gaudens will have more interest these have a classic beauty. It's hard to believe that many of these trade for close to bullion value but this is my experience with AU and lower grade coins. For a collector grade a coin in a recognized holder of MS 64 or better is the way to go for numinastic value.
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Rest in Peace
United States
17900 Posts |
Until you get to scarcer dates or higher grades, or both, the most influence on the $20 Libs value is the price of gold.
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Pillar of the Community
United States
3343 Posts |
As a collector coin series it's of limited interest, unless it's really rare or high grade. You can look through heritage.com auction archives to see what they've sold over the last 20 years.
If you find an xf/au you like that's a rare or historic date add it to your stack. Maybe one of the early San Franciscos or a cc. At worst you'll get the same money for it as your common dates. And it'll probably be the last one you part with.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Pillar of the Community
United States
1068 Posts |
I have this book and it is a very good read... I have two copies (one autographed by Mr. Fuljenz) that I got at the NRA Convention last May in Louisville... If you are wanting buy high graded ones he says they do not come up for auction very often but when they do, grab them!
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Rest in Peace
United States
17900 Posts |
What book are you referring to Bryan?
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Pillar of the Community
United States
1068 Posts |
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Bedrock of the Community
United States
17884 Posts |
The double eagles are popular, but almost no one collects them. The reason is you have to pretty well heeled to collect a series where EVERY coin, even the most common, is a minimum of $1,500. Small budget collectors can't begin to touch them, modest budget collectors may get type examples, but you really have to be a high budget collector to consider a date and mint set. This means that except for the VERY rarest pieces, there are enough available that everyone that wants one can have one. Supply exceeds demand and keeps the pricepremiums lower than coins of comparitable rarity would normally be.
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New Member
 United States
2 Posts |
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Bedrock of the Community
United States
94367 Posts |
Well stated as usual, Conder. 
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Replies: 9 / Views: 1,202 |
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