 | |
02-14-2009, 01:24 PM
|
#1 (permalink)
| | Senior Member
Join Date: Jan 2009 Location: South, Florida
Posts: 121
| What effect will the UHR have on HR Saint Gaudens
What do you think the impact will be on the original High relief Saint Gaudens with the introduction of the new UHR?
|
| |
02-14-2009, 02:10 PM
|
#2 (permalink)
| | ANA# R3129541
Join Date: Sep 2007 Location: Long Island, New York
Posts: 5,910
My Mood: |
Probably have no effect at all. The mint is poping out so many of these UHR puppies that they will probably never be worth any more than melt. That didn't stop me from ordering one though.
__________________
They also serve who only stand and wait....John Milton
|
| |
02-14-2009, 02:16 PM
|
#3 (permalink)
| | jasmine
Join Date: Jan 2007 Location: new york city
Posts: 5,390
My Mood: |
the HR st gaudens is gonna laugh at UHR double eagle.
|
| |
02-14-2009, 02:41 PM
|
#4 (permalink)
| | Rat Powered
Join Date: Jun 2005 Location: Wyoming
Posts: 599
|
Zero
__________________ "Yes, I do have 3 cents, but I'd rather have 97 cents change from my dollar." Betsy Sheila |
| |
02-14-2009, 06:57 PM
|
#5 (permalink)
| | doggone it people like me
Join Date: Jul 2006
Posts: 3,807
My Mood: | Quote: |
Probably have no effect at all.
| Yep. Quote: |
the HR st gaudens is gonna laugh at UHR double eagle.
| Yep. Yep.
The originals will always be in mega-demand. There is no substitute, least of all low-relief Saints.
The new UHRs will satisfy the aesthetic urge. They will be magnificent, I'm sure. |
| |
02-14-2009, 07:50 PM
|
#6 (permalink)
| | Perplexed
Join Date: Feb 2009
Posts: 252
My Mood: | Quote:
Originally Posted by green18 they will probably never be worth any more than melt. | I would disagree, they will, like every other eagle minted, be worth more than spot. However, unless something major changes, if the projected mintage holds, they'll go for between 5% and 10% over spot -- 15% if you're lucky. I fully expect the long term on these to be a losing bet due to being minted during record high gold values. Bad timing for an investor.
If you're thinking investment, short term on eBay is the best bet for the UHR with closing auctions at $1700+ as of yesterday. Never telling when that window of opportunity closes.
|
| |
02-14-2009, 08:02 PM
|
#7 (permalink)
| | Coin Collector
Join Date: Jun 2007 Location: California
Posts: 2,097
My Mood: |
They're already selling for 15% over spot now. I think they're a loser and no effect on actual St Gaudens. There is no substitute for the real thing, no matter how much hype there is behind it.
Guy~
|
| |
02-14-2009, 08:07 PM
|
#8 (permalink)
| | Senior Member
Join Date: Jan 2009 Location: South, Florida
Posts: 121
|
I think the UHR will draw more attention to the original st gaudens which will drive the price up.
|
| |
02-14-2009, 08:29 PM
|
#9 (permalink)
| | ANA# R3129541
Join Date: Sep 2007 Location: Long Island, New York
Posts: 5,910
My Mood: | Quote:
Originally Posted by breakintheweb I think the UHR will draw more attention to the original st gaudens which will drive the price up. | The original is quite untouchable. At least for me....
__________________
They also serve who only stand and wait....John Milton
|
| |
02-14-2009, 08:33 PM
|
#10 (permalink)
| | Coin Collector
Join Date: Jun 2007 Location: California
Posts: 2,097
My Mood: | Quote: |
The original is quite untouchable
| You can buy an original for $400 less than the modern. Not a high relief of course, but a nice UNC St Gaudens.
Guy~
|
| |
02-14-2009, 08:43 PM
|
#11 (permalink)
| | ANA# R3129541
Join Date: Sep 2007 Location: Long Island, New York
Posts: 5,910
My Mood: |
I'm not talkin' 'bout an original Saint. I'm talkin' 'bout an original high relief St. Gaudens. If I could only touch that one for what I paid for the UHR.
Then you're talkin'.....
__________________
They also serve who only stand and wait....John Milton
|
| |
02-15-2009, 04:37 AM
|
#12 (permalink)
| | Custom User Title
Join Date: Nov 2008 Location: Nova Caesarea
Posts: 875
My Mood: |
That's a bit like asking how those Pontiac Fiero based fake Ferraris will affect the value of a real Ferrari Enzo.
|
| |
02-15-2009, 05:41 AM
|
#13 (permalink)
| | King of Hearts
Join Date: Dec 2006
Posts: 11,559
| Quote:
Originally Posted by green18 The original is quite untouchable. At least for me....  | wasnt itonly 30k last time i checked or am i missing somethign here?
|
| |
02-15-2009, 05:42 AM
|
#14 (permalink)
| | King of Hearts
Join Date: Dec 2006
Posts: 11,559
| Quote:
Originally Posted by green18 I'm not talkin' 'bout an original Saint. I'm talkin' 'bout an original high relief St. Gaudens. If I could only touch that one for what I paid for the UHR.
Then you're talkin'..... | well u have come tot he right place ill let you touch the slab of one as soon as u put down the money |
| |
02-15-2009, 06:44 AM
|
#15 (permalink)
| | The Lincoln-ator
Join Date: Jun 2007 Location: Dry Heat USA
Posts: 6,754
My Mood: | Quote:
Originally Posted by 900fine Yep.
Yep.
Yep.
The originals will always be in mega-demand. There is no substitute, least of all low-relief Saints.
The new UHRs will satisfy the aesthetic urge. They will be magnificent, I'm sure.  | Love that avatar 900, Little Richard Penniman is the true King of Rock and Roll
__________________
W.I.N.S / ANA / SLCC / Mesa Coin Club
I am a poker player ..."thats beyond trailer trash"
Joan Rivers on Celebrity Apprentice, 4/09
Hot Sauce Fanatic !!!
|
| |  | | Would you like to support CoinTalk?
Coin Talk Code of Honor
1. Post unto others as you would have them post unto you.
2. Keep it clean, like a 1950s family television show.
3. If you don't like the coin, don't trash the person. | Thread Tools | | | | Display Modes | Rate This Thread | Linear Mode | |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts HTML code is Off | | | | » Newsletter | » Sponsors | | » Recent Posts | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | » Today's Top Posters | | Top Posters in Last 1 Days | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |