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St. Gaudens $20 Gold 1909/8: Any Premium In Au?

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Jaobler's Avatar
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 Posted 06/14/2011  4:54 pm Show Profile   Bookmark this topic Add Jaobler to your friends list Get a Link to this Message Number of Subscribers
I bought a decent AU 1909 St. Gaudens double eagle at the local shop basically as a bullion piece. I later noticed it was the 1909/8 overdate which was not noted by the dealer. According to the Coin Prices retail guide this variety only carries a premium in mint state grades. Would anyone have a comment? Did the coin shop leave money on the table, or would a normal AU 1909 be priced the same as the overdate?
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 Posted 06/14/2011  8:27 pm  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
do you have a picture? How obvious is the overdate?
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DVCollector's Avatar
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10045 Posts
 Posted 06/14/2011  8:51 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
My 2011 RB lists a slight premium for the 1909/8 AU50 is listed at 1700 vs 1600.
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Jaobler's Avatar
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 Posted 06/16/2011  01:52 am  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
OK, got some images. The overdate is quite obvious and I can't imagine the dealer would not spot it if he in fact looked for it.

St.-Gaudens-$20-Gold-1909/8:--Any-Premium-In-Au?

St.-Gaudens-$20-Gold-1909/8:--Any-Premium-In-Au?

St.-Gaudens-$20-Gold-1909/8:--Any-Premium-In-Au?
Pillar of the Community
United States
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 Posted 06/16/2011  04:03 am  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
definitely can see it. You should get it graded.......there are some that are reluctant to buy raw gold
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 06/16/2011  12:29 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Judging from recent (and there's plenty of recent) comparative Heritage results, DVCollector is on the mark although RB is $100+ish low on actual sale prices. Counting the vig, they're right on.
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greghansen's Avatar
United States
92 Posts
 Posted 07/06/2011  05:07 am  Show Profile   Bookmark this reply Add greghansen to your friends list Get a Link to this Reply
That's pretty obvious alright. Nice find and should be worth the $100 or so extra premium suggested by others.
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