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 Replies: 10 / Views: 1,329 |
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Pillar of the Community
United States
931 Posts |
I located a nice 2009 Ultra High Relief Double Eagle and pulled the trigger. It's a crazy premium for one ounce of fine gold but once I researched them I knew that I had to have one. Even if gold goes back to $1000 I don't even care. It's a piece of US Mint history and a work of art in my opinion. I bought a lot of my gold back around $700 so I can just write it off to dollar cost averaging. I also found a great bullion dealer. Liberty Coin Service in Lansing Michigan is a very friendly coin dealer and a pleasure to do business with. Even if you're not buying or selling, their website has a lot of interesting observations on today's precious metal market and the global economy in general.
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Valued Member
United States
362 Posts |
I love those coins! I really wish I could afford one, but my budget only allows for one or two 1/10 gold eagles every month or two, and a handful of silver
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Pillar of the Community
United States
3670 Posts |
Sounds great, pictures when possible, or an example picture so I know what these bad boys look like. Is that the same design from the coin from the court case, obviously yours a modern day version?
Edited by Silverhawk74
07/22/2011 10:34 pm
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Bedrock of the Community
Australia
21788 Posts |
The 2009 ultra high relief Double Eagle is one of the few NCLT's that makes me
think:
'I gotta have one!'
An unusally large amount of minting technology went into the production of that coin, and the Mint did not make much money on it, despite the high premium.
That high premium is at least in part, justified.
Apart from numismatics, it is a genuine art piece in it's own right. The high premium for this coin will always be there.
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Pillar of the Community
 United States
931 Posts |
Hawk- The UHR is a modern copy of one of the 1907 St Gaudens $20 gold pieces. When the first design was made both the designer (Augustus Saint-Gaudens) and Teddy Roosevelt wanted the new $20 gold piece to have a very deep strike, making the objects on the coin stick up really high off of the background. Back then the technology was not available to create these coins the way that they wanted, so the final design was made with the objects on the coin much shallower than they originally wanted. Only a handful of the thicker coins were made. In 2008 the mint's director decided to make the UHR Double Eagle now that we have the technology to pull it off. Do a Google search for 2009 Ultra High Relief Double Eagle and you'll see what modern technology can do.
Edited by junior e
07/23/2011 12:41 pm
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Rest in Peace
United States
9104 Posts |
Quote:
Back then the technology was not available to create these coins the way that they wanted, so the final design was made with the objects on the coin much shallower than they originally wanted. The tecknollywog was there, but not the speed. And they wouldn't stack for diddle. |
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Pillar of the Community
United States
931 Posts |
Yeah, I know. Apparently they didn't want to strike every coin twenty times. They gave up too easily. Het BiggFredd, do you still have a coin shop?
Edited by junior e
07/23/2011 2:35 pm
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Rest in Peace
United States
9104 Posts |
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Pillar of the Community
United States
931 Posts |
Well, I got it in the mail today and sent it right back. There were THOUSANDS of hairlines on the obverse from die polishing. I can't believe that the mint sent out a coin with that many hairlines. I found one on ebay that had two small patches of hairlines and PCGS graded it at MS65. I swear PCGS would have graded this at MS60. I think that I'll give up on the Ultra High Relief now that I had one in hand. It is one ounce of .9999 gold in a coin no bigger than a quarter. I knew that it would be small and very thick but I just wasn't as impressed as I thought I would be. I think that I'll just go with another nice proof Buffalo which in hand is such a beautiful and large gold coin. Live and learn I guess. Luckily Liberty Coin Service has a great 14 day return policy so the return is simple and problem-free. Edited by junior e
07/28/2011 1:04 pm
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Pillar of the Community
United States
3670 Posts |
I hate it turned out like that, but hey at least now you will have another Buffalo. And I am a guy for variety, but I would trade everything I have bought thus far, for a bakers dozen of those great Buffalo's, lol....
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Pillar of the Community
United States
931 Posts |
Yeah, Hawk. The Buffaloes grow on you. That variety that you have is OK too.
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Replies: 10 / Views: 1,329 |
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Posted 07/22/2011 3:08 pm
