I was just trying to find something a bit more solid then that. Seems like they have gone down in price.
You can also check recent Heritage sales. Jan 11, 2019, one sold for $2,280: https://coins.ha.com/itm/liberty-do.../1291-5887.s?ic4=GalleryView-Thumbnail-071515
Yeah, I was surprised too. There have been some weird price inversions in the gold and platinum market lately, driven largely by bullion prices moving out of step with collector interest & demand. I picked up an ef45 slabbed $10 gold piece for less than melt & have been scratching my head ever since.
Wow, I'm surprised the price jumps that much from AU-58 to MS-60. Oftentimes, AU-58's look better than the lower-60's on coins. Must be the general scarcity of Type 1 DE's others referenced here in regards to the SSCA horde. I'll try and check generic 1857 completed sales for more info.
Bunch of elite SS Central America 1857-S's over at GC: 1857-S Liberty Gold Double Eagle Spiked Shield S.S. Central America Shipwreck PCGS MS-67+ CAC (Gold Foil Label) 1857-S Liberty Gold Double Eagle Spiked Shield S.S. Central America Shipwreck PCGS MS-66+ PL CAC (Aquarium NGC Label) l
Very much agree, and you may find relative bargains this way ...particularly if you care more about coins than about grades. Which most of us claim to do.
The NGC graded pieces do not have the foil label. I take that those were the 8% or so that were awarded to other claimants. I have one, unfortunately. The coin is nice, but the PCGS slabbed ones are worth more.
The 1857 is a bit more expensive than the S, especially as it goes up in grades. I bought an S from the Newman collections in AU50 6 years ago for $2500. At one time, it would have been among the highest grades available. Then the Central America was discovered and super high grades are abundant in S.
Is it just me or does an "average" Liberty DE look more like true gold than a Saint DE ? Beautiful coin, JM.
JM, I'm not sure many people know that the NGC gradeds could be in original holders. They may not be aware that a small % of the coins were awarded to minority litigants and they chose to go with NGC. The expectation among many is if you see SSCA coins in NGC holders that they are OVERGRADED from an original PCGS holder. Not necessarily the case, with either original holder or being overgraded.
