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 Replies: 9 / Views: 1,199 |
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Pillar of the Community
United States
1903 Posts |
Why would a 1990 1/2 oz gold eagle have bids on ebay for $1600+? Is there that much of a premium for that mint year? Just don't understand why someone would buy a bullion coin at twice melt. Edited by unholyroller
10/02/2011 8:43 pm
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Pillar of the Community
United States
3345 Posts |
Either your missing something, or the bidders are. Most likely just another ebay happening. Happens all the time! |
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Bedrock of the Community
United States
12437 Posts |
Numismedia lists 1990 @$1890 and 1991 @$2550 in MS67, presumably due to low mintages of 31,000 and 24,100 respectively.
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Pillar of the Community
United States
3184 Posts |
They are key dates.but you know what, I'd rather buy several common dates.
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Pillar of the Community
United States
584 Posts |
I also felt why buy keys when you could buy more commons. But I've switched to trying to get the best keys instead. After I kept hearing the same advice, it stuck. "Buy the best Key Dates you can afford" "Or save your money to you can" I've always been attracted to the sought after pcs, just not the price tags. So that's the hardest part, I miss the amount of coins that would normally come in. But now when I do purchase it seems more of an accomplishment. Don't get me wrong I still buy common pcs as well, I think I'm just trying to discipline myself more these days.
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Pillar of the Community
United States
3184 Posts |
I'd rather get a key date 100+ yr old coin than a key date.modern coin.
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Pillar of the Community
United States
1353 Posts |
As biokemist6 posted: Numismedia lists 1990 @$1890 and 1991 @$2550 in MS67, presumably due to low mintages of 31,000 and 24,100 respectively. Additionally: Numismedia lists 1990 @$1920 and 1991 @$2580 in MS68. Numismedia lists 1990 @$1930 and 1991 @$2610 in MS69. There are very few listed for sale on ebay...So if you collect 1/2 oz.Gold Eagles that are NGC graded and want a complete set it is the price to pay. Note the small premium for the MS-69 over the MS-68 |
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Pillar of the Community
United States
1353 Posts |
Just to update the members and to be upfront.......It was probably my coin unholyroller was referring to on ebay!   |
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Pillar of the Community
 United States
1903 Posts |
Murty, I hope you took no offense to my posting. I was simply trying to understand the valuation of bullion grade gold coins better
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Pillar of the Community
United States
1353 Posts |
unholyroller, No offense taken,I hope it didn't seem that I was upset.I was not in the least upset. I posted the additional info on the 1/2 eagle.I thought it would be honest that I should disclose to the community that I was the one who sold the coin. |
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Replies: 9 / Views: 1,199 |
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Posted 10/02/2011 9:47 pm
