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 Replies: 9 / Views: 1,509 |
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Pillar of the Community
United States
646 Posts |
I'm currently looking to buy a $20 gold liberty head in MS64 condition as soon as possible. I can get one on the lower side for right around $1700, but I understand that gold prices are currently on the higher side. How much do coins like this change with the change in price of gold, considering their numismatic value?
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Pillar of the Community
United States
5832 Posts |
Common dates trade more like bullion in condition that's in XF - AU grades, grade higher than MS-62 trade at a higher premium, depending all which grade. I did get one with either in a NGC or PCGS slab.
What year?
Edited by macmercury
07/14/2019 4:18 pm
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Pillar of the Community
 United States
646 Posts |
I'm honestly just looking to get the cheapest one I can in MS64, so probably 1904. I'm just wondering if it would be smart to wait until the price of gold goes down, since its still so close to gold value at MS64. Would the price of the coin change very much at that difference, or is now an okay time to buy?
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Pillar of the Community
United States
1277 Posts |
The price of common double eagles strongly follows the price of gold
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Pillar of the Community
United States
533 Posts |
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Pillar of the Community
United States
4469 Posts |
As noted the common double eagle follows the price of spot gold. The hardest part is finding a very nice liberty head for grade at a fair price as the obverse shows marks very easily. If you can find that really nice MS64, at a fair price buy it.
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Bedrock of the Community
United States
94367 Posts |
Good advice. You will find many different "looks" among TPG 64 coins. Be patient. |
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Pillar of the Community
United States
646 Posts |
Thanks for all of your advice! I was hoping to pick one up at a very big coin show this weekend so I could see it in hand, but now I think I'll wait until gold prices go back down because they seem to be at a big of a peak right now.
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Bedrock of the Community
United States
20753 Posts |
According to those TV coin shows Gold is going to hit a million dollars an ounce soon.   |
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Pillar of the Community
United States
6385 Posts |
Your choice obviously but the 1904 is by far the most common Liberty double eagle. You should be able to find a significantly scarcer date in MS64 for very little extra money. it's not necessary to get the most common date in order to get a good price.
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Replies: 9 / Views: 1,509 |
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Posted 07/14/2019 4:23 pm
