Stupid gold coins caught my eye...

Discussion in 'US Coins Forum' started by sundance, Oct 27, 2008.

  1. sundance

    sundance Copper Enthusiast

    And now I want a Saint Gaudens $20...well I have always wanted one but knew they were too rich for my poor wallet.

    Well now...I am some funds saved up and I am in a quandrey...do I go with a Gaudens or continue with my copper addiction? Seriously, I could pick up a nice Liberty Cap or a Bust or a few nice coppers but could only afford a single 'lesser' grade Gaudens. I am not normally a gold collector...just have this love affair with this coin.

    That eagle is just the most gorgeous thing I have ever seen...just begs me to take it home...the local store has a few and I could get one online but I hate buying expensive coins that way. I would rather hold and see what I will be spending my hard earned cash on.

    What would you guys do??? I am sitting with my hands in my pockets...not sure what way to go.
     
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  3. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    Buy the gold coin while you can afford it. I wouldn't buy online unless it was slabbed and from a reputable dealer with good photos of the coin. harlanjberk.com comes to mind.
     
  4. Leadfoot

    Leadfoot there is no spoon

    If you want it, and can afford it, then buy it!
     
  5. davidh

    davidh soloist gnomic

    It's probably a good time to buy gold. I don't see how the price can go much lower and if you grab one now it will surely appreciate. At least that's what I told myself when I was buying gold at $800/ounce.
     
  6. Frankcoins.com

    Frankcoins.com Junior Member

    I bought my first Saint-Gaudens $20 in 1980 when I had my first job after college. Paid $800 for an AU 1908 no motto. Later PCGS graded it MS63! I still have it. I no longer have the $995 VCR I bought at the same time.
     
  7. kanga

    kanga 65 Year Collector

    Buying a coin now and again that doesn't fit with your main collection adds spice to your overall collection.
    Sometimes you get the itch for something different.
    And you'll often go back to it just to look and admire.

    Like they said above, get the best you can afford, and especially in the case of a St G, get one that's slabbed. LOTS of fakes.

    One of my itches was wanting a coin from each of the two mints in the southeast, Dahlonega and Charlotte.
    So I saved my pennies (oops, cents), and bought one of each.
    They are the least expensive face/date just like you'd do for a type set.
    I sneak a peek at them every once in a while.
     
  8. mark_h

    mark_h Somewhere over the rainbow

    I second this. I have one and love. Not high grade, but still a nice big gold coin.
     
  9. kanga

    kanga 65 Year Collector

    Yep, they are nice looking coins.
    I've got two for my type set, one each of the common varieties.
    1908 No Motto and 1924 with Motto.
     
  10. Haleiwa

    Haleiwa New Member

    As you collect coins over the years, the idea is to upgrade. I'm always upgrading my collection. I now look back at the coins I had when I thought I collected coins and I wanna sell 'em (or spend 'em) all. What I now have is a coin collection that makes all my kids drool. But you won't get there by picking coins out of your change after lunch.

    Of course my kids drool over a well cooked meal too. My kids seem to drool a lot! :mouth:
     
  11. Collect89

    Collect89 Coin Collector

    I agree

    I agree. If you want it, and can afford it, then buy it. Otherwise, a long time from now you will be looking back & regretting what you didn't do.

    Very best regards,
    collect89
     
  12. ksparrow

    ksparrow Coin Hoarder Supporter

    I bought a Saint for my type set last year and haven't regretted it a bit. Nothing like holding one of those babies and watching the luster swirl around that superb design. So, get one if possible!
     
  13. zekeguzz

    zekeguzz lmc freak

    You people are talking me into getting at least one for my collection of coins. It is surely one of the most geogeous gold coins. And I promised my wife I was going to cut down my addiction. Gotta get one. What are the best years, old gold ones? Darn that's a lot of cents, lol. Thanks for aiding my need, my need, my need. zg
     
  14. sundance

    sundance Copper Enthusiast

  15. jazzcoins

    jazzcoins New Member

    Wow I wish I could get one of those goldies .but i can't afford it so I had to settle for this one instead OH WELL .
    Jazzcoins Joe:whistle:;)
     

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  16. 900fine

    900fine doggone it people like me

    Yep ! I don't see how you can go wrong with a good Saint. There's nothing like 'em.

    As with all things... educate yourself on this particular series before laying down the big $$$.

    Hit coin shows and look at hundreds of 'em. Then try "blind" grading of slabbed ones and see how you do. You should be truly adept at knowing the difference between 63s, 64s, and 65s.

    And, as always, not all 64s are created equal !

    After all that, you should be able to pick a coin high end for the grade / $$$.
     
  17. zekeguzz

    zekeguzz lmc freak

    Yeah, but I won't be a saint to my wife!!!!! zg:hammer:
     
  18. 900fine

    900fine doggone it people like me

    Ya know, I was kind of rolling around thinking about this, and it occurred to me a true difference in this election...

    Common date, moderate grade Saints are basically commodity coins. There are literally hundreds of thousands... and that's just the ones certified MS64 and up.

    Those old coppers, on the other hand... to me each specimen has it's own unique personality. That's more true the older they are. No two alike.
     
  19. Catbert

    Catbert Evil Cat

    My advice is against the grain for most of the posters thus far. I would pass on the generic Saint and continue to save a little more for the copper that grabs my heart. The opportunity to own a Saint will always be there, but a better condition old copper will bring greater rewards - to your heart and long term to your wallet.

    I have a generic MS61 1909-D Indian gold coin. I love the design, but it isn't as compelling to me like my 1803 XF40 Draped Bust large cent. Old copper has character one will never find in generic gold.
     
  20. rzage

    rzage What Goes Around Comes Around .

    Come on , what's a measly $450,000:D$449,000 more than I got:eek:
    rzage:):hatch::hammer:
     
  21. andrew289

    andrew289 Senior Analyst

    Buy the saint...no brainer.

    I got my first about 20 years ago and it has turned into an addiction.
    I have a 1908 no motto that I use for a pocket piece.
     
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