Certified type gold vs. modern bullion

They trade for around $300 in a good AU58 or a CU. YOu get what you pay for. Check the auctions like Teletrade, Heritage, etc.

 

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Ya lost Dutchman has a1926 ms62 2.50 indian for like 470.. I would love that but a little high.. I have not found any au examples except low mintage years.. heritage site is just confusing to me.. seems like there is so much going on.

 

Stopped at a shop last week where a good dealer has a CAC 62 for $440. Good deal.

 

Sorry for the stupid question but what is cac?
Did u pick it up for 440?
I just can't seem to spend that kind of money if I can not see it in hand..

 

CAC is a company that guarantees the coin is good for grade.

I did not buy though it was a good deal.

 

I love it that there's a "grading service for the grading services". What does that tell you?

My concern with "classic" pre-1933 gold is not so much with grading, but authenticity. And whether or not it's been cleaned, aka "altered surfaces". I've been at it for a long time, but PCGS can be very tough on the small submitter. At least if you buy gold (pre)-slabbed by PCGS or NGC, you get some kind of guarantee that most collectors or dealers will accept.