Any $20 LIBERTY Collectors out there, I have the fever !

I gave you a "LIKE" for your post suggesting an AU58 coin D.E., but wholesale C.D.N. is virtually the same as the 4 grades higher 1907-S I posted as a probable better choice for future sale.

I will buy the lower grade coin when locating a "clean specimen" at $500-$700 less price (~$2000).

I've been doing this since before there were TPGs, and believe that the future should be considered when acquiring a tangible commodity.

Generally, the older commodities are likely to have greater problems, and less future potential for R.O.I., unless locating a unique coin.

I've not seen any estimates of coin survivals, and use mintage as a basis for purchase selection.

JMHO

 

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Thanks...as I am not likely to go big into Liberty DEs (what $$$ and time I have I usually focus on Saints)....so I would like to probably get a really nice-looking one. If I have to put some of my own $$$ into it above and beyond the 2 bullion coins, I might do that.

I'll wait to see what my job situation is first....

 

the problem with liberties is that high grades 64 - 66 are next to impossible 1904
excluded but still I nice chunk of change, when in comes to liberties always seek
out A/U 53 - 58 many actually more attractive then a lot of 61,s and 62,s thinly thing your missing out on is a little bit of luster, the faces are usually pretty scratched up, I found 1865 A/U 50, but it has three marks on it that are kind of a distraction so at this stage just thinking about it, I only have the book populations
I would imagine the populations would be far less and even more so in a M/S grade
then Saints plus M/S grades are around every corner not so much on liberties.

 

Lots of distractions on the 1907 M/S 62, you could probably find an A/U example for
far less that looks allot better

 

It's known I can't locate an AU specimen of a 1907-S for far less than the MS62, and I dare YOU to locate same.

I believe you haven't a clue about the items you're discussing.

Yes, the coin is a cost-effective inexpensive coin, as you have professed to locate/purchase, at less than 10% greater than an AU coin, 4 grades lower.

Now, that is cheap, relative to the expense of any D.E. 4 grades advanced above that MS62.

JMHO

I located a "better" 1907 AU (can't find that 1907-S you promised) at virtually the same price as the MS62 I recommended. The coin has "copper spot", scratches, etc.: https://www.ebay.com/itm/1153331926...+3xl3qRr+N4PA3hzcsW6GY+STG|tkp:Bk9SR4DR3r3uYA

 

I just quickly consulted the Bowers book from 2004 on the quick last night. Obviously, dated, but I just wanted a quick comparision between the 1904 Liberty (most common) and 1924 Saint (most common). This is when gold was probably about $700/oz.

In MS-65...the 1904 Liberty DE was $4,200 and the 1924 Saint was $1,600. And while the Saint population dwarfed that of the Liberty, there were still over 5,000 1904's in MS-65 condition. The huge population explosion happens right at MS-64 with a big corresponding price drop.

Yup, appears so.

 

I'm showing 768,890 Liberty DEs from the NGC population total and 749,105 for the Liberty DE's in the PCGS population total.

I believe you haircut by 40% to eliminate cross-overs/doublecounts. So summing them up would then give you a total population of about 1.2 MM.

In the ballpark ?

 

Just not enough saved in overseas hoards like Saints.

The modern-day survival numbers seem very low unless many were kept in bank vaults into the 1900's and then were still there in the 1930's when FDR ordered them all melted.

They still trickle out from European SDBs.

 

Does anybody have that expensive Bowers picture book on Liberty Double Eagles ?

 

With that said its hard to determine how many are still out there, I have great example, I collect MPC have been for over 20 years and have some of the nicest
stuff ever graded, the Series 681 is one of the most popular have the finest known
example in the $10 PCGS 69PPQ and the $20 PCGS 68PPQ original populations for
the $10 are about 4 Million for the $20 about 6 Million, the problem is that army
finance burned millions of dollars worth of MPC each month ! Series 641,661 and 681, so published populations and printings are inaccurate. so the only way to tell
is whats out there very difficult to do at best

 

Roger Burdette says that the survivor quotient should be the PCGS and NGC totals (eliminate double-counting) and then add the non-graded survivors in likely lower grades (about 0.46% x total mintage).

Anybody got the total mintage for Liberty DE's for 1850-1907 ?

 

So less than one half of 1 percent. 4600 pieces for every million minted, plus the PCGS and NGC total graded survive?

 

Yup.....we need the Liberty DE mintage from 1850-1907. Don't want to sum up like 80 dates/mints which is time consuming.

 

What about coins from other TPG,S
such as ANACS and IGC ? not sure
how many would be graded there ?

 

I dont collect NGC holders regardless, for me its PCGS or nothing !

 

True...but probably not enough to impeach the estimate. Most people probably had them cracked out over the years.

 

Hey all! I just stumbled on to this thread. I see it has been a while since someone posted...
New forum member and Liberty Double Eagle collector.
I have a few Saint-Gaudens but I do like the Liberty better.
I'll post pics, but my collection so far:

I have:
1. the "bookends" the first and last: 1850 (AU58) and 1907 (MS64)
2. one from each Type: 1, 2, and 3
3. one from each mint

I don't have deep pockets so I'll probably just focus now on one coin for each year pre-civil war and call it a day. lol

So complete list of Libs are as follows:
1850 AU58
1852-O AU58
1855 AU55
1857-S MS64
1873 open 3 AU58
1876-CC AU55
1906-D MS62
1907 MS64

Mix of PCGS and NGC.


So to finish my Antebellum set I'm still on the hunt for any coin AU55 and up for 1851, 1853, 1854, 1856, 1858, 1859, and 1860.

I'll target one coin per year....

 

Welcome aboard!

 

Thank you!!!

 

If you are willing to collect these coins in grades like MS-61, this might be your time. I saw some in PCGS MS-61 holders at the recent Tampa show that were priced at close to "melt" at the beginning of the show, and under "melt" at the end. They didn't seem to be selling, and they were decent coins for the grade.

We have hit the point with the price of gold bullion that the numismatic value for these coins doesn't amount to much. In the past that met that the price of bullion was getting ready to fall. I don't know if that is the case now.

As a stupid collector I bought an American gold eagle with the new reverse for melt plus a dealer's fee. I had been holding off, but decided to take the plunge. I wanted it for type. I want the three smaller pieces too, but could not find them at the show. It's a nice looking coin.