3 Dollar Gold For Your Thoughts - Page 2

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Author	Replies: 18 / Views: 3,256	Page: of 2

thq Pillar of the Community United States 3343 Posts	Posted 05/04/2018 12:13 am coinfrog, the best pocket coin I ever had was an 1846-C half eagle, NGC straight grade AG3, which I cracked out. As soon as I sold it I regretted it, because I'll never have another one.I don't remember paying even 2x melt for it, but that was before the southern branch mints took off. Charlotte and Dahlonega would never sell as low as 2x melt in this condition and I don't even look. I could get damaged and/or worn CC's in the 2x range ten years ago, but they've taken off too, selling in the 3-4x range. They're aren't that many to start with, and IMO I depleted the supply significantly. basebal21, 2x is my limit for a coin to put in my pocket and carry around. I'm not trying to fill a hole in an album. "Two minutes ago I would have sold my chances for a tired dime." Fred Astaire Edited by thq 05/04/2018 12:32 am Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 05/04/2018 08:28 am Quote: For me a gold pocket coin should never sell for more than double its bullion value, no matter how scarce. The 1870 S is an ex-jewelry piece, with graffiti. But I think it will cost a little more than twice melt. Report this Post to the Staff
thq Pillar of the Community United States 3343 Posts	Posted 05/04/2018 09:55 am ....if I see an 1870-S for 2x melt I'd pass unless it was authenticated.... But you make a good point Conder101. Extreme scarcity makes damaged coins extremely valuable. From what I've seen over 30 years, even moderate scarcity is starting to affect the prices, especially the branch mints. "Two minutes ago I would have sold my chances for a tired dime." Fred Astaire Report this Post to the Staff
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