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








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!

Looking To Buy My First Double Eagle

To participate in the forum you must log in or register.
Author Previous TopicReplies: 27 / Views: 5,607Next Topic
Page: of 2
New Member

United States
16 Posts
 Posted 07/11/2020  4:18 pm Show Profile   Bookmark this topic Add Thattalldude to your friends list Get a Link to this Message Number of Subscribers
Recently I've been looking at buying one of my dream coins. I've always wanted a double Eagle and I think the time has come. Though my budget is tight and I will most likely sell my $5 Indian that I picked up a few years ago to help me cover the cost. I have some questions that I hope y'all could help me figure out

Saint Gauden or Liberty Head? - I want to get the Gauden because it's so well known and one of the most beautiful coins ever made. Though I have a soft spot for the Liberty head. I only have the funds for 1, so if you could only pick one which would it be?

Years? - I'm not particular about the year of either the Gauden or Liberty. I just want to own one of them. The only thing I really care about is it to be MS with a good amount of luster, and graded by PCGS or NGC. I'm trying to save as much as I can, so which years are typically the cheapest of the two?

Best Place to Buy? - I've been looking at ebay, though I don't know if there are better places to buy from, such as coin shows.
Pillar of the Community
macmercury's Avatar
United States
5825 Posts
 Posted 07/11/2020  6:34 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
Common date slab Saint Gauden or Liberty Head in low MS grade will be over 2 grands plus tax, if you go to a coin show you may avoid paying tax? Depending which state you lived. I like both, so either one or the other, or wait till prices goes down, but we're on a bull trend at the moment, it maybe a longer wait.
Pillar of the Community
Learn More...
GrapeCollects's Avatar
United States
8938 Posts
 Posted 07/11/2020  7:14 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
Opinion Warning:
It depends on how picky you are. If you're gonna go Liberty Head buy no less than a 65 or you're gonna regret it, Lib Heads are really good at showing marks.

Saints hide their marks a lot better which is nice, but have more muted luster, especially when compared to some Liberty Heads.

Personally, I'd never touch a saint. They are a neat design and all sure, but the muted luster and often soft central strikes are a no for me. If I was gonna buy one it'd probably be a modern gold eagle ($50).
Pillar of the Community
thq's Avatar
United States
3343 Posts
 Posted 07/12/2020  09:05 am  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
I prefer early S (pre 1870) or CC as old west history, without regard to wear. APMEX used to have a fair amount in the lower price range, but are pretty picked over now. They'd be a better choice than ebay for raw coins.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
07/12/2020 09:06 am
Pillar of the Community
machine20's Avatar
United States
1275 Posts
 Posted 07/12/2020  1:06 pm  Show Profile   Bookmark this reply Add machine20 to your friends list Get a Link to this Reply
maybe wait til gold goes back down?
Pillar of the Community
suipakpaikungfu's Avatar
United States
992 Posts
 Posted 07/12/2020  9:22 pm  Show Profile   Bookmark this reply Add suipakpaikungfu to your friends list Get a Link to this Reply
If it goes back down... I'd buy it now.
Pillar of the Community
Jaobler's Avatar
United States
6383 Posts
 Posted 07/13/2020  01:38 am  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Best advice is to buy a coin you love. There are tens of thousands of certified double eagles to choose from.

If you want a certified MS65 coin there are only a handful of Liberty double eagle dates that sell for less than $2500. Many more dates in the Saint Gaudens series sell in that price range in gem grade.

I prefer the Liberty design and PCGS holders but that's just me.

Good luck on your quest!

Pillar of the Community
thecoinguy1964's Avatar
United States
1306 Posts
 Posted 07/13/2020  09:03 am  Show Profile   Bookmark this reply Add thecoinguy1964 to your friends list Get a Link to this Reply
I bought my first last year, when gold was around $1400 a ounce. I only wish I'd gotten in a few years back. If you can attend a local coin show, many dealers are selling around melt, without the premiums. Good luck!
Looking-To-Buy-My-First-Double-Eagle
Edited by thecoinguy1964
07/13/2020 3:04 pm
Valued Member
Lancek's Avatar
United States
442 Posts
 Posted 07/13/2020  11:17 am  Show Profile   Check Lancek's eBay Listings Bookmark this reply Add Lancek to your friends list Get a Link to this Reply
I prefer the St Gauden's. I've bid on a lot over the years but never managed to get one. Kicking myself for not bidding a little higher when gold was at $1300. There are plenty of years that go for slightly over melt. Just check the PCGS or NCS price guide. If your state doesn't tax coins, then you shouldn't have to worry about that. Even online. Sights like ebay take that into account.
Pillar of the Community
Learn More...
GrapeCollects's Avatar
United States
8938 Posts
 Posted 07/13/2020  3:00 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply

Quote:
If your state doesn't tax coins, then you shouldn't have to worry about that. Even online. Sights like ebay take that into account.


I dunno about that. MD law says anything 1k or up is tax free, but I've bought multiple over 1k coins and been charged sales tax on them.
Valued Member
usc96's Avatar
United States
291 Posts
 Posted 07/13/2020  3:24 pm  Show Profile   Bookmark this reply Add usc96 to your friends list Get a Link to this Reply
The most common dates for each are 1904 (Liberty) and 1924 (Saints). Both can be had in MS for not too much more than spot.

For common date Liberties the prices go up from just above melt starting at MS63/64

For common date Saints the prices go up from just above melt starting at MS64/65.
Pillar of the Community
kena's Avatar
United Kingdom
1682 Posts
 Posted 07/14/2020  3:53 pm  Show Profile   Bookmark this reply Add kena to your friends list Get a Link to this Reply
When I had the funds to do this back in August of 2018, I went with a 1922 P $20 Saint Gaudens PCGS MS62 coin.
Pillar of the Community
thecoinguy1964's Avatar
United States
1306 Posts
 Posted 07/14/2020  6:39 pm  Show Profile   Bookmark this reply Add thecoinguy1964 to your friends list Get a Link to this Reply
I think I may have finally figured out how to post pictures on here once again!
Looking-To-Buy-My-First-Double-Eagle
Pillar of the Community
jimbucks's Avatar
United States
4691 Posts
 Posted 07/18/2020  10:34 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
Pick what you like but slabbed coins will not cost much more than raw ones so at least buy NGC/PCGS slabbed. Liberties typically are a bit less than St Gaudens. If you want a specific date it will cost you more than a random one. Right now Bullion Exchanges has some in stock, but they don't carry a steady inventory.
Edited by jimbucks
07/18/2020 10:40 pm
Pillar of the Community
Learn More...
NumisEd's Avatar
United States
5177 Posts
 Posted 08/02/2022  8:45 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply

Quote:
Opinion Warning:
It depends on how picky you are. If you're gonna go Liberty Head buy no less than a 65 or you're gonna regret it, Lib Heads are really good at showing marks.

Saints hide their marks a lot better which is nice, but have more muted luster, especially when compared to some Liberty Heads.


Is this advice still accurate, today in 2022?
I am looking to buy my second Double Eagle (already have a 1907 Saint Gaudens) and was looking to buy a Liberty Head in MS-63. But that is too low? Price go up a lot from >= MS-64 though...
Pillar of the Community
Slider23's Avatar
United States
4469 Posts
 Posted 08/03/2022  10:25 am  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
I would stay away from the 1904 Liberty or the 1924 Saint as these are the most common dates. My recommendation for your first purchase would be a 1927 MS65 NGC or PCGS Saint that can be found for less than $2500. You will get the most bang for your buck on this coin and grade. Buy from a reputable dealer.

The Liberty is a difficult find in grades below MS65 with strong luster and minimal marks on obverse.
A Liberty in MS65 starts off around 4K.
Edited by Slider23
08/03/2022 10:28 am
  Previous TopicReplies: 27 / Views: 5,607Next Topic
Page: of 2

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 0.42 seconds to rattle this change. Forums