I don't typically buy gold coins. However, in 2012 I’ve stumbled across a couple pretty USA uncirculated gold coins and bought them both near the spot price. Old uncirculated US gold coins like these are available at shows. IMO they can be a better bullion collecting alternative (especially when compared to the lesser-known bullion coins and bars). This photo depicts the Coronet gold coin’s surfaces but unfortunately the color in the photo is off & there are reflections from the slab plastic.
I forgot to mention that it is freshly slabbed MS-62 by ANACS. This Coronet $5 dated 1881-S includes $423 worth of gold & cost only $445. The fact that gold recently went down a couple dollars may have scared the dealer so perhaps he was anxious to sell this particular coin before gold prices fell any lower. Also, he may have wanted some hard cash since it was a couple days before Christmas. This photo depicts the slab & more accurately depicts the color of the coin.
A couple months ago I scoped-out this pretty Indian 10 dollar gold coin. As I recall, I got it for something like $100 over the spot price. The $10 Indian happened to be from the same dealer that just sold me the Coronet five dollar piece. In the case of the $10 Indian, I bought it when gold was apparently going up. In the case of the $5 Coronet, I bought it after gold had gone down about $50/oz.
The last uncirculated USA gold coin I purchased was this $2-1/2 Indian in November 2009. As I recall the price was fairly close to spot (at the time) and a couple percent below the Gray Sheet price.
nice coins. I like to get classic US gold but I don't have the money to collect it. still I have 10-11 coins and one is a 1881s $10 libby. what are the odds of that.
