2005 1oz Gold -Lost Morgan Design for proposed $100 Union

Discussion in 'US Coins Forum' started by Cascade, Jan 13, 2016.

?

Do you like it... :) or :(

  1. Yes, it's a lost morgan design on gold!

    36.4%
  2. No, it's private mint crap

    36.4%
  3. Neutral, but I would have bought any 1oz for that price

    27.3%
  1. Cascade

    Cascade CAC Grader, Founding Member

    Picked this up at GC a couple weeks ago for $1075 total which means I got it for almost exactly spot. I'm thrilled with it however I didn't know it came in such a huge case, which is pretty cool, but boy is it a space taker-upper (is that a word lol)... enjoy!

    It appears the private mint made these in other years but I believe 2005 was the first. If anyone can dig up the various years they were struck, as they are identified as such, and mintages that'd be awesome :)

    20160113_105618.jpg 20160113_105649.jpg 20160113_105705.jpg 20160113_105714.jpg 20160113_105723.jpg 20160113_105740.jpg 20160113_105804.jpg 20160113_105817.jpg 20160113_105825.jpg
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. Treashunt

    Treashunt The Other Frank

    Great pick up.

    At least it is slabbed, so you know what you got
     
  4. jwitten

    jwitten Well-Known Member

    I like it a lot more than just a normal ounce of gold. Nice pick up!
     
    Tater likes this.
  5. Bigpoppa

    Bigpoppa Active Member

    Beautiful coin and packaging !! Lovin it :)
     
  6. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    It is really cool--great purchase!!! Like the design better than many of the issued US Gold coins.
     
  7. Cascade

    Cascade CAC Grader, Founding Member

    Ya pretty cool I nabbed it for spot. Wonder what the issue price in 05 was
     
  8. rzage

    rzage What Goes Around Comes Around .

    Very cool , especially for spot . Is it the same size as Morgan proposed ?
     
  9. messydesk

    messydesk Well-Known Member

    It would have been 5 ounces of gold had it been made in 1876. The reverse design doesn't appear to be of Morgan's making, as it doesn't appear in his sketchbook. His eagle reverse sketches of the period are much different, and can be seen on his various patterns.
     
    rzage likes this.
  10. Yankee42

    Yankee42 Well-Known Member

    I do like the design, and having it certified and having its purity listed by NGC is a big help. The only downside is that the coin is tied to the price of gold and does not have numismatic value.

    Still, it looks cool. And if you're happy, that's all that matters.
     
  11. Santinidollar

    Santinidollar Supporter! Supporter

    Not bad for an ounce of gold....
     
    Cascade likes this.
  12. Cascade

    Cascade CAC Grader, Founding Member

    Not true. They sell currently between $1300-1500 on the bay. I'd say that's a hell of a decent premium :)

    (Not to mention instant equity for me)
     
  13. Yankee42

    Yankee42 Well-Known Member

    I stand corrected.
     
  14. Cascade

    Cascade CAC Grader, Founding Member

    Makes sense messy, I thought it would have been 5 double eagles. I'm curious what the proposed dimensions were for unions if they even got that far
     
  15. Dave Waterstraat

    Dave Waterstraat Well-Known Member

    I absolutely love history through numismatics and if it has to do with George T. Morgan all the better. All I can say is I'm glad Morgan's design beat out Barber's design for the silver dollar...:)
     
    Cascade likes this.
  16. Cascade

    Cascade CAC Grader, Founding Member

    Yup, with all the in-fighting with Barber against director Linderman, his golden boy (morgan) won the race to the chagrin of both Barbers. I would have loved to be a fly on the wall in those days. I can only imagine the rancor the barbers had against morgan and their boss. I mean if your boss brought a new guy from another country in who reports directly to him while being subservient to you (barber) his technical boss because he wanted fresh ideas implying that you and your son were getting complacent and stale how would you feel. It would be the highest rated show if they had reality TV back then lol
     
    Dave Waterstraat likes this.
  17. Hommer

    Hommer Curator of Semi Precious Coinage

    Does that TM mean the name Gold Union is trade marked or the design?
     
  18. jwitten

    jwitten Well-Known Member

  19. Paul M.

    Paul M. Well-Known Member

    It's certainly a nice looking ounce of gold, and I definitely can't argue with it for melt. :) I'm somewhat surprised they got away with putting all those legends and a denomination on it, though. That's essentially what landed von NotHaus in hot water.

    @jwitten That 5oz is cool, but at a 28% premium over gold spot, if I were into bullion, I'd probably go for US Mint silver pucks.
     
Draft saved Draft deleted

Share This Page