Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Coin, Banknote and Medal Collectors's Online Mall Shop for APMEX Bullion on eBay!300,000 items to help build your collection! Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Join Thousands of Coin, Bullion, & Money Collectors Specializing in Modern Numismatics Vancouvers #1 Coin and Paper Money Dealer








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Classic Gold - US Liberty - Why Are $2.50 And $5 So Similar In Cost?

To participate in the forum you must log in or register.
Author Previous TopicReplies: 5 / Views: 1,031Next Topic  
Valued Member

United States
384 Posts
 Posted 02/03/2017  6:37 pm Show Profile   Bookmark this topic Add Jolteon1698 to your friends list Get a Link to this Message Number of Subscribers
Hey,

I just bought a $5 gold liberty dollar. As I was looking through online, they were so similar in price ($2.50 vs. $5). I know the $5 has more gold value so what explains it?
Pillar of the Community
Steele's Avatar
United States
1119 Posts
 Posted 02/03/2017  7:06 pm  Show Profile   Bookmark this reply Add Steele to your friends list Get a Link to this Reply
numismatic value.
Pillar of the Community
TypeCoin971793's Avatar
United States
6370 Posts
 Posted 02/03/2017  7:41 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
Quarter eagles are scarcer, thus in higher demand (even though they are just as common in the marketplace), and thus more expensive.
Pillar of the Community
thq's Avatar
United States
3343 Posts
 Posted 02/03/2017  8:55 pm  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
Looking at rarer dates, I usually see more scarcity in the Liberty Half Eagles than the quarter eagles of comparable mintage. For instance, the 1865-S have very similar mintage, yet the survival of the quarter eagle is 1000 and the half eagle is 80.

In the small US coins there's more premium paid to own gold at an affordable price. That premium goes away as the gold weight goes up, and bullion becomes the main driver on price. You can almost always buy a French 20F for less than a quarter eagle, even though the 20F contains 1.5x as much gold.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Valued Member
Omegaraptor's Avatar
United States
321 Posts
 Posted 02/03/2017  10:42 pm  Show Profile   Bookmark this reply Add Omegaraptor to your friends list Get a Link to this Reply

Quote:
Looking at rarer dates, I usually see more scarcity in the Liberty Half Eagles than the quarter eagles of comparable mintage. For instance, the 1865-S have very similar mintage, yet the survival of the quarter eagle is 1000 and the half eagle is 80.


The survival rate of the 1865-S quarter eagle has always made me confused. 1866-1873 S quarter eagles all have survival rates in the 200ish range, while 1865-S has a similar mintage and is 1000. Were more of them saved?
Pillar of the Community
thq's Avatar
United States
3343 Posts
 Posted 02/04/2017  6:46 pm  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
Apparently more of the 1865-S quarter eagles were saved. Dealers price them as commons if they have them but it's very unusual to find one at a dealer.

Half eagles like the 1881 and 1901-S are more common than common quarter eagles, but there's no scarcity of either denomination. The price differential over bullion is even more substantial on the gold dollars.

Compared to the half eagles, except for a couple common dates, the 1858-1877 eagles from any of the mints are scarcer than hen's teeth. And priced accordingly.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
02/04/2017 6:53 pm
  Previous TopicReplies: 5 / Views: 1,031Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.26 seconds to rattle this change. Forums