I want to start collecting gold coins along with my silver hoard, and am not exactly concerned with condition or rarity. So, what are some of the more common (and therefore cheapest) Quarter Eagle gold coins ( for example the most common date ). I would like to start with Quarter Eagles because of their small size and how they seem to be on the cheapest end of the US gold coins.
Naturally, it depends on grade but, generally, the most available dates in Libs seem to be 1878 and 1900 through 1907. Among the Indians, the 1908 through 1911 and 1925-D through 1929 are most available. Be careful when buying coins in these series, as there are a lot of fakes, especially in the Indians. Know your sellers, and know your coins.
This is the truth. From experience, the premiums go down with the larger coins. If you stay off key dates and better condition coins, the $10 can be had for much closer to spot than the $2.50 and $5. One thing to always keep in mind is liquidity, and there is a cost to that too.
I agree. The quarter eagle is simply a TERRIBLE choice to buy simply for bullion. It has the highest average premium over melt of any pre-34 gold coin. They always have had. Heck, when gold was cheaper a quarter eagle was about the same price as half eagle for Indians. If you are mainly wanting these kinds of coins for their gold content, you are much better off with half eagles or eagles, and like Peace said the higher up you go the better deal it is relative to gold prices.
Yes, BOTH of his designs are the most beautiful designs in US coinage history. Why does everyone always call the double eagle the St Gaudens, when personally I think the eagle is just as pretty, if not more so.
Thanks for all of the info, I will surely look into some half eagles as well. This question may seem stupid, but what are the sizes of these coins? I know that the quarter eagle is about dime-size, and the half eagle is about nickel-size. What about the others?
I don't know offhand. Last time I wondered that same thing I found the dimensions of each coin on Wikipedia.
Is that kind of like making the Kessel run in less than 12 parsecs? (yes, I know that after-the-fact interpretations try to get out of this blunder) Rob
