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 Replies: 20 / Views: 3,601 |
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New Member
United States
31 Posts |
hello all, I have a quick question. I was thinking about putting a set together of 1/10 gold pcgs graded ms69s. do you think this is a good idea?
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Pillar of the Community
United States
672 Posts |
depends on the reason you are putting them together?
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Pillar of the Community
 United States
2448 Posts |
The Mafioso is correct. If you're looking at an investment, the AGE's will rise and fall with the Spot price more so that other coins with greater numismatic value.
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Pillar of the Community
United States
3184 Posts |
you might be able to put together a set without spending too much.
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Valued Member
United States
442 Posts |
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Pillar of the Community
United States
6326 Posts |
 I agree with the La Costra Nostra as well........  As a "Set" in that grade (or any grade for that matter).....that'd be just pretty spectacular IMO !...  As an "investment".... N.O.P.E. !!...  |
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Bedrock of the Community
United States
12819 Posts |
A quick search of ebay shows $5 gold AEs going for anywhere from about $150-$350 based on grade, and not many are graded PCGS. I know it's caveat emptor when it comes to ebay, but is ebay not generally the place to buy coins? I'm new at this. Obviously it's preferable to see in person what you are buying first, but ebay is a very convenient way to amass a collection. I like the $5 AEs and have quite a number that I bought directly from the mint. I'm guessing that y'all aren't convinced they're good long-term performers? Thanks, Kyle |
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Pillar of the Community
United States
1081 Posts |
Quote:
I'm guessing that y'all aren't convinced they're good long-term performers?
As bullion, they are not. They track the price of gold which historically is very volatile, despite current trends. You may want to consider proof or "uncirculated" examples, they have much more collector value and lower mintages. |
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New Member
 United States
31 Posts |
I just need a graded set to put together. I was thinking the 1/10s. I finished my silver eagle ms69 set and had so much fun doing it. I want a new goal.
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Rest in Peace
United States
3039 Posts |
Why pay extra for slabbed bullion coins? They're only worth metal content.
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Rest in Peace
United States
9104 Posts |
I wouldn't buy into the slobbing nonsense. If you can buy slobbed ms69 for not more than $5 over bullion, then OK, otherwise, what do you expect the price of used plastic to be when you go to sell?
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Pillar of the Community
United States
880 Posts |
slabbed = not a chinese fake? in the future that could be well worth the $5 in plastic
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Moderator
 United States
188213 Posts |
Quote:
slabbed = not a chinese fake? Unfortunately, fake slabs are becoming as common as fake coins. |
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Bedrock of the Community
United States
12819 Posts |
Ok, so general consensus is that 1/10 oz coins aren't worth much more than the gold they're made of.
That begs a follow-up: What about the 1/4 and 1/2 oz coins? Are they any better (investment-wise or otherwise) than the 1/10?
~ Kyle
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Pillar of the Community
United States
511 Posts |
Slabs are optional - not mandatory - with modern bullion coins. Don't pay a big premium for the plastic holder.
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Pillar of the Community
United States
1817 Posts |
Quote:
Ok, so general consensus is that 1/10 oz coins aren't worth much more than the gold they're made of.
Not quite, there are four W-mintmarked issues in the $5 AGE size that were sold by the Mint as collectible "burnished uncirculated" coins: 1999, 2006, 2007 & 2008. All have mintages under 25,000, the 1999 & 2008 have hefty premiums above spot, whereas the 2006 & 2007 have very slight premiums above spot prices and should be picked up whenever you see them in OGP or slabbed between $175 and $200, the 1999-W $5 is over $500, and the 2008-W is $250-$300. Makes a tidy neat little subset if you can find all four together. This scenario is repeated for the $10 AGE, just check the latest edition of the Red Book for mintages. These are all modern rarities, yet still inexpensive enough to obtain without great difficulty. |
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Replies: 20 / Views: 3,601 |
Posted 03/30/2011 10:07 pm
