Video on Liberty Head Double eagles (Gold!)

Discussion in 'US Coins Forum' started by Markapsolon, May 21, 2009.

  1. Markapsolon

    Markapsolon Coin collecting video guy

    Hi guys,

    I just thought I would share with you my series called spare change that is on youtube. So far I have 4 episodes complete and more on the way. This is ep 3 and its about the liberty head double eagle. Let me know what you think and any input about the series or show ideas would be great!

    http://www.youtube.com/watch?v=AOfOKDD-rak

    Thanks
    Mark
     
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  3. Grahm

    Grahm Member

    Just finished watching episode 3, and my compliments. Very nicely done. A man after my own heart. I also like double eagles and have 3. Two from the famous shipwrecks of The Central America and The Brother Jonathon, and one 1902s. I like early American gold rush coins, because they have a lot of history behind them. I just started adding them into the NGC Registry. The registry is free and can be interesting and a source of pride. Well, I can keep rambling but my point is to say well done on the video!
     
  4. mikenoodle

    mikenoodle The Village Idiot Supporter

    I actually had stumbled upon these videos (I think on youtube) and I found them to be quite entertaining and factually accurate. Most shows either misinform or mislead, but not yours. I think it's because your purpose is not to sell but to educate. It therefore IMHO makes something much more worth watching.

    I LOVE your show! Keep up the good work!
     
  5. 4everNana

    4everNana Member

    I really enjoyed your video Mark! I also watched the one on Franklin halves. Well done, very entertaining, and very informative! You do very well in front of the camera, and I especially like the creativity of the "silent movie" sequence at the beginning of Ep 3! You remind me of a coin collector counterpart of Alton Brown on Food Network! (and that is meant as a sincere compliment!!)

    Looking forward to watching the other two vids tomorrow, especially the Morgans. Thanks for sharing!!
     
  6. mikenoodle

    mikenoodle The Village Idiot Supporter

    ok... your video made me think and here's a little known factoid...

    You speak of Zachary Taylor not taking the oath of office on March 4, 1849 because it was a Sunday and he was a religious man. Instead, he took the oath and became President on March 5, 1849. On this you are absolutely spot on.

    Unfortunately this is where you are in error: The United States DID have a president for that 1 day and he was elected by the congress in a special election simply because they didn't know what the repercussions were constitutionally.

    This man's name was David Rice Atchison and in fact, he had been out late on the 3rd and drinking. He checked into his room that night and asked not to be disturbed. He slept until Monday morning... his entire term of office.

    yes, David Rice Atchison... the President that history forgot. At least that's the way that Paul Harvey writes of it in his book "The Rest Of The Story". I figured you all would enjoy it.

    and now in Paul Harvey's memory... you know... the rest of the story

    I'm mikenoodle... good day!
     
    mpcusa likes this.
  7. tmoneyeagles

    tmoneyeagles Indian Buffalo Gatherer

    Can you imagine using these coins, IN TODAY'S WORLD...OR EVEN BACK THEN
    Using a $20 gold piece...WOW
    I think these coins ARE MORE beautiful than the St Gaudens...People can say what they want, about that being the most beautiful coin in US history, but I like the $10 Indian, the $20 Liberty Double Eagle, Buffalo Nickel, and The Incused Indians.
    This video was amazing, and I'm glad I watched it!
    Thank you, always great to learn about one of my favorite coins, I DON'T HAVE! LOL
     
    GoldFinger1969 likes this.
  8. GoldFinger1969

    GoldFinger1969 Well-Known Member

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  9. Gallienus

    Gallienus coinsandhistory.com Supporter

    I just watched most of it. I did skip thru the log intro and a few bits where the difference in types 1-3 was explained.

    Very nice 1901 by the way. I used to have a bunch of Lib 20's but sold them years ago. I have a Saint in 64 but prefer the Libs.

    For the past couple of years, I've been trying to buy one of these coins in 62-64 on major auction sites. None of the coins look like your 1901. Even coins in 64 holders look pretty beat-up with big gashes on the face and in the fields.

    I wonder if all the pretty coins have been bagged by dealers and what's available at auction are just the over-graded ones? Or are the numerical grades really slipping? Once I did find a pretty type-II 76-S? but it went for nearly the next grade level (a 64 I think).

    The video is interesting but keyed mostly for people who haven't collected before. It does have some interesting facts tho. More coin pix and less photos of you would also be helpful (sorry!).

    A side note. My aunt ran a Polish Kielbasa shop in New Jersey for many years. She just passed away 2 years ago. Once (before I was a collector) someone walked into her shop and offered to spend a $20 gold. Of course, she took it.

    A few years ago I got to see it and it was the prettiest 1898-P. A bit of friction but not a bag-mark on it. Her son now has it.
     
    Last edited: Dec 21, 2022
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  10. GoldFinger1969

    GoldFinger1969 Well-Known Member

    There are many fewer Liberty DEs than Saint DEs. Type 1's very tough to find in MS. Carson City DEs red-hot for years, dragging up the entire price structure. Doug Winter covers this in lots of his columns.
    FYI...that's not me in the video. :D Some YouTuber, don't believe he's here at CT.
    OMG, unreal...I wonder if that was when gold was still $35/oz. or after it had risen to hundreds of dollars.
     
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  11. Gallienus

    Gallienus coinsandhistory.com Supporter

    She's been telling that story for a long time. I'm going to guess that she got that thing in the 1950's or 1960's. Running a retail store in Camden, NJ, they were saving silver coins way before I started (1973) and were able to get things directly from circulation. She certainly had the coin before then. She passed away at 102.5, two years ago.

    My grandmother on my other side, my maternal, lived near Philly. She told of collecting her rents from tenants in $20 gold pieces. Unfortunately, she never saved any.

    I believe coin prices are at a peak right now. If the market goes down I hope to look for a few nice but affordable pieces. I always wanted a 1906-S due to the famous earthquake.
     
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  12. GoldFinger1969

    GoldFinger1969 Well-Known Member

    That would be about the right time, yes.
    I don't see any protracted weakness except as those coins which track the gold price (assuming gold weakens). The only area with froth is probably the Carson City coins.

    Other sectors, like Saints and more common Liberty DEs, never got the Hot Covid $$$ that inflated other sectors (too much $$$ to get started with DEs).

    Biggest price inflation I see is the ASK prices on Ebay and occasionally on GC. Too high above market, not getting any bids.

    As for the 1906-S....my recollection is that it is close to a common coin and available in low-60's grades for a modest premium to the spot gold price. Most Type 3's aren't rare or scarce.
     
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  13. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Does anybody know how many Liberty Head DEs are estimated to have survived (I know it's skewed to Type 3's) ?

    Outside of David Bowers Whitman Red Book on Double Eagles, I'm not sure where there is even a year-by-year estimate for survivors. And that book is 20 years out of date.

    For Saints, it's about 3.7 MM as per Roger Burdette's great book. Total is probably higher, if only from the giant Fairmont Hoard and the drip-drip from small collections, SDBs, and bank holdings here and abroad.
     
  14. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Liberty Head Double Eagle Population Census: I went back to Bower's DE Red Book and summed up both the LOW and HIGH estimates (from 2004 !) for Liberty Head survivors, both certified, raw, and still presumably undiscovered or hidden (the "Field" population as it was called in the book).

    For the 3 Types and totals for both the Low and High estimates:

    66,613…117,296……4,124,182 = 4,308,091 (Bowers DE Book/lower range)

    101,783….178,612…..6,148,479 = 6,428,874 (Bowers DE Book/upper range)

    So...a bit higher than the Saint-Gaudens survivor estimate in Roger's book at the low end, but about 60% above if you use the high guestimate.

    Now...PCGS Coin Facts has a Survival Estimate function which is a guestimate by 1 or more "experts." I don't know how much time they spent on it or what their methodology was or when they did the estimate (2024 or 2014 or even earlier, though I assume it was somewhat recent). But it's something to compare.

    Anyway...adding up all the different Liberty Head regular strikes...I came up with a total of 3,149,267. That is appreciably BELOW even the lower-limit of Bowers estimate made 20 years ago. What number each would give today (assuming the PCGS CF estimate is dated) I have no way of knowing, given what has come out since the Bowers DE book and given recent hoards/finds, including Fairmont.

    Thoughts ?
     
  15. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I really enjoyed the video, thanks for sharing.
     
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