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 Replies: 75 / Views: 8,437 |
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Rest in Peace
United States
4849 Posts |
My favorite size US gold piece is the half eagle. They have much smaller premiums than quarter eagles, and not the bulkiness of the larger eagles. Anyways, I am going to pursue filling a tube of "junk" half eagles(40). Therefore my standards for the quality of these coins are actually low(cleaning or excessive wear dont matter).
What I like about the "tube" approach is they are easy to conceal and take up little storage place. I know this will take forever, but I plan to sell some of my other coins to help convert this. thoughts?
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Pillar of the Community
United States
1659 Posts |
The way you cherrypick 1916 SLQ's you ought to go for a roll of them instead! LOL!  |
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Rest in Peace
United States
9104 Posts |
The half is the least popular, so it should be cheapest to buy, as long as you can find them.
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Pillar of the Community
United States
3670 Posts |
What is a good average price at current market for just one, say a good deal if you will?
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Pillar of the Community
United States
759 Posts |
That's gonna be one cool looking tube when you're done! Overall, I think it's a great idea. It has profit/loss potential, is a nice bullion play, retains the numismatic angle and associated interest, is liquid, is divisible, makes great inheritance material and is something I'd thoroughly enjoy doing if I could. Put a stake in the ground with a few now if you can and go for it.
Looking forward to seeing what you're going to cut loose for funds.
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Rest in Peace
 United States
4849 Posts |
Thanks Onebowl! Couldnt have said it better myself! The only problem is going to be finishing it before I retire, and I'm only 30...lol.
biggfred: Why do you say the half eagle is the least popular? I actually always thought it was one of the most popular; the workhorse of gold coinage.
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Valued Member
Canada
442 Posts |
Best of luck on your goal! I think it will pay off quite nicely for you in the end!
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Bedrock of the Community
United States
10982 Posts |
Quote:
What is a good average price at current market for just one, say a good deal if you will?
Circulated, raw, common-date half eagles trade at a slight premium to their gold content or just over $350 these days. Quote:
biggfred: Why do you say the half eagle is the least popular? I think fredd was referring to current collectors where quarter eagles and eagles have a larger base of enthusiasts. |
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Valued Member
United States
287 Posts |
that will be a thing of beauty when you finish!
nice goal, I like it
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Rest in Peace
United States
4849 Posts |
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Rest in Peace
United States
9104 Posts |
Quote:
biggfred: Why do you say the half eagle is the least popular? I actually always thought it was one of the most popular; the workhorse of gold coinage. Since this was posted in bullion, I thought you meant half-ounce half eagles. Didn't realize you meant $5 liberties and Indians, which are popular. Carry on. |
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Pillar of the Community
United States
2541 Posts |
Great idea   Edited by Gothic Florin
03/28/2011 1:22 pm
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Pillar of the Community
United States
511 Posts |
That's a very smart goal. Pick up as many different dates as possible.
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Rest in Peace
United States
4849 Posts |
Thanks guys! Another reason I'm doing this, I've already got a type set locked away in my album, but I like to have gold that I'm not afraid to handle a little bit, and I like feeling the weight slowly increase as I fill the tube up. Up to 5 now! Only 35 to go!  Edited by johnny54321
04/02/2011 02:27 am
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Rest in Peace
United States
4849 Posts |
Up to 10 now, I'm really on a roll(no pun intended)! Don't tell my wife  |
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Pillar of the Community
United States
4846 Posts |
WOW! id be lucky to have ONE! thats crazy!
well, I hope you make it to 40!
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Replies: 75 / Views: 8,437 |
Posted 03/21/2011 05:46 am
