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Scarce Gold At Common-Date Price

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Jaobler's Avatar
United States
6381 Posts
 Posted 06/06/2009  02:13 am Show Profile   Bookmark this topic Add Jaobler to your friends list Get a Link to this Message Number of Subscribers
Here's another gold coin that was priced at common-date value. This one was in a lot of 2 half eagles auctioned by Stack's several years ago, when the gold price was less than $500/oz. My cost was $234 for the pair ($117 each). The 1888 Philadelphia coin has a small mintage of 18,201 pieces. This otherwise AU example had been cleaned and has impaired luster as a result, but it was still a bargain at basically a bullion price. I believe similar bargains for under-valued scarce dates may be found today. Of course, the baseline price will be high due to the current spot gold price.

Scarce-Gold-At-Common-Date-Price

Scarce-Gold-At-Common-Date-Price
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 06/06/2009  12:46 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Gold is not cheap by any means, but it's probably the best place to find extremely low-mintage coins at (relative) bargain prices. I think the majority of gold collectors are looking for Mint State and single typeset examples; nothing else could explain the prices I'm seeing while researching Wheezydog's thread.
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thq's Avatar
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3343 Posts
 Posted 06/09/2009  12:24 pm  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
I gathered up a few of the low mintage pieces in lower grades at or near bullion. I don't expect their value to ever increase all that much. But I'm more satisfied with these coins on account of their rarity than I ever was with my now-sold 1889-cc dollar. A common date coin, not my favorite US coin design by a long shot, and not worth paying more than a gold eagle to obtain one.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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