| Author |
 Replies: 23 / Views: 3,956 |
|
Pillar of the Community
United States
533 Posts |
I am looking to start collecting US Gold coins either current issue or pre 1934 what coin would you recommend based on the following criteria
1. Cost in the $250 to $750 per coin range for decent grades (not top graded coins)
2. Available in PCGS slabs
3. Current price is as close to melt bullion value
I was thinking a decent graded current 1/4 eagle might fit the bill but if there is an older coin that is similar I would prefer it
|
|
|
|
Bedrock of the Community
United States
36741 Posts |
The pre-33 issues can get pricey. You might have a shot a getting a full set of modern $5 gold commemoratives if you want to stay in your price range. The proof issues would be cheaper than the uncirculated issues.
|
|
Bedrock of the Community
United States
17884 Posts |
He isn't going to get pre-1933 quarter and half eagles close to melt value unless they are damaged, jewelry pieces etc. The olny pre-1933 gold that might fit the criteria would be liberty head eagles and there is no way he would be able to come close to a full set, or probably even a date set. Best bet would be to do US gold Eagles either the 1/10 and 1/4 oz size.
|
|
Pillar of the Community
United States
1005 Posts |
One idea might be a full mint (P, CC, D, S, etc.) set of Liberty Half Eagles - more pricey that what you might want for a couple of them but certainly steeped in history |
|
Pillar of the Community
United States
7191 Posts |
I would say the modern 1/2 or 1/4 eagles would fit your range and be closer to spot. Typical grade pr or ms 69 should be attainable for the set. As mentioned the commemorative 1/2 eagle set could also fall into the range but at 90% they cary slightly less gold than the American eagle series. They do offer a verity of designs and even with low mintages are obtainable at close to spot. I would avoid the 1/10 gold coins as they are mostly never near spot price.
I personally am collecting the commemorative 1/2 eagles in PCGS or NGC holders and am 2/3 complete.
Edited by muddler
12/21/2018 1:00 pm
|
|
Bedrock of the Community
United States
10982 Posts |
|
|
Pillar of the Community
United States
4469 Posts |
I am considering to doing a 20 coin collection for $5 Indian head gold in AU 55/58. The set will not have 4 key dates of 08 S, 09 O, 11 D, 29 but will include all other dates. You can not do this 20 coin set for melt or near melt. The set would be in your price range of $400 to $750 per coin. To do the complete set of $5 indian's 08 - 26 in you price range is not possible.
|
|
Bedrock of the Community
Australia
21786 Posts |
I may be wrong, but if you are looking at close to melt value in high grade, to my mind, you seem to be thinking of getting as much gold for your money as well.
That leads me to the suggestion of slabbed Half Eagles.
Now, if I may be a little selfish.
I lust love the distinctive design of the BLP Half Eagles (1908-1916), which need to be slabbed, just to protect them from tiny nicks. You get recognized grading as well.
BLP Half Eagles tend to be the unsung heroes of American gold, because there are no scarce dates or mm's in the series, save for the 10909 O, and yet you have to get into the really high grades to get the big prices.
If you are happy to drop down the grades,
how about a Classic Head Half eagle in VF? - a tinge of earlier American numismatic history to go with it.
Edited by sel_69l
12/21/2018 6:46 pm
|
|
Pillar of the Community
United States
3343 Posts |
Common date eagles. Here's a typical slabbed MS62, priced about $100 over melt. https://www.ebay.com/itm/1881-Liber...!98101!US!-1Current trade on BIN slabbed MS61 and MS62 $10 Liberties is about $700. I was offered a pretty nice unslabbed 1881-S by a coin dealer today for $616, very close to melt, but I passed on it. "Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
12/21/2018 11:13 pm
|
|
Bedrock of the Community
United States
20753 Posts |
Good luck with that goal.
|
|
Pillar of the Community
United States
8715 Posts |
I wouldn't bother trying to assemble a complete set of any of those gold coins series. You might try a mintmark set of Liberty Head Half Eagles/Eagles or one of each gold dollar type.
|
|
Pillar of the Community
United States
4692 Posts |
Just beware that there are a lot of counterfeits of pre-33 US gold. Whatever you decide to choose you are best getting coins that are authenticated, and there usually is very little premium over raw coins. Although you are interested in US gold, something to consider might be early British sovereigns which sell for very little over face-- I choose these when I am looking for bullion gold, and they contain a little under 1/4 oz of gold.
Edited by jimbucks
12/22/2018 2:01 pm
|
|
Pillar of the Community
 United States
533 Posts |
Not so concerned with getting a full set just a different way of storing up some bullion. I like older coins and certified to avoid fakes I tend to trust PGGS slabs
Sovereigns sound interesting though
|
|
Pillar of the Community
United States
4692 Posts |
Quote:
Sovereigns sound interesting though Here are a couple I picked up as "random year", but many dealer will let you pick from date groups for a very small (if any) premium.   I was lucky and got some nice ones. If you have a local coin dealer, you might be able to pick through them. Update: I just talked myself into buying a couple more, got them for $306 each. Edited by jimbucks
12/22/2018 5:17 pm
|
|
Pillar of the Community
United States
533 Posts |
|
|
Pillar of the Community
United States
533 Posts |
|
| |
Replies: 23 / Views: 3,956 |
Posted 12/21/2018 12:15 pm
