Has any body ever seen this type of graded holder. A friend of mine wants to sell it to me but I’m questioning the grade. I do not have anymore pics this is the only one he sent me. Thanks for your input!
If this is the same company then it appears they've been around for quite awhile. I never heard of them until now. https://www.investmentrarities.com/
What I want to do is add one to my type set. He wants to trade for my 1869 25 cent pattern j-733 proof 62 cameo. Not really sure if I should there are only 3 in cameo mine 62 a 63 and 66. Just trying to finish my dansco page before it’s unaffordable. What do you guys think trade or buy one.
I think patterns have a much better upside. Unless you’re desperate, don’t trade it for generic gold.
@Cazador If you trade you’ll have the same problem but with a different coin. Keep what you have, save your money and buy what you need. Just do it as fast as you can.
Even at equal market value I'd never trade a rarity, especially one I liked, for common gold. You can find another gold anywhere. You will likely never see that pattern for sale again.
This really is nothing me why you want to trade. You stated you have 1 of 3 known in cameo. Yours is a 62 and the other two are graded higher. Do you expect to find another coin like this to fill the hole that will be created if you do trade? It just doesn’t make sense to me.
Based on auction prices for the J-733, trading it for nearly an ounce of gold seems like a good idea strictly from a monetary standpoint. The value of a 1925 double eagle even in MS-65 is mostly derived from its gold content (current melt of around $4,250). About one J-733 comes up for auction per year. Last was in May-2024; it was PR65 and sold for $2,880. Despite the rarity of many patterns and high initial cost, most haven’t appreciated as much as gold has recently. But a particular coin type can appeal to an individual collector beyond its current market value or potential for value appreciation. I make no predictions on the future price of any coin type or gold. Mike`
Thanks for all your input! I have decided that I cannot part ways with her so I will just buy a double eagle.
Another great Longacre design that was never used for circulating coins. He didn’t see the pattern struck. He died early in 1869 after a long career at the mint. Mike.
Yeah, you wouldn't have been able to pry that pattern out of my hands. I own no patterns myself, but maybe someday.
I have an example of an 1881-S Morgan Dollar from this company in my collection. When researching the slab this is what I found out: IRI (Investment Rarities Incorporated) This company has been around since at least the late 70's. During the early to mid 80's they began sealing Unc gold coins in holders and selling them to investors as an “improved” way of buying gold coins because the grade and authenticity were guaranteed. Slab states “The coin contained in this holder is authentic and has been carefully examined and graded. There is a $1,000,000 grading guarantee backed by our Surety Bond. We appreciate serving you and should you ever wish to sell you coins, please call us at 1-800-328-1800.” The company is still active as a bullion dealer, and the phone number on the website (2024) is the same as the phone number on the slab. Correspondence with the company in 2024 verified that they issued an unknown number of these between 1986 and 1996.
^ This. Agreed. Even if the gold coin is possibly worth more at the moment, monetarily. I see no reason to doubt it, but it should be treated as a raw gold coin rather than TPG certified.
