What are some of the pre-1933 US gold coins that can be purchased for under $500? The series doesn't matter to me as I like pretty much all of the designs. I'd really just like to know the most affordable denominations and dates+MMs. I would be interested in low MS coins or bossibly AU 55 or 58. Definitely would have to be certified by NGC or PCGS.
If you're trying to maximize gold weight for your buck, it seems like Liberty $5 (half-eagles) run the lowest premiums. Then again, I haven't been focusing on certified coins, just underpriced ones.
Most "Bang" for the buck? . . . In your mind is the Bang you're looking for expressed in grams of gold or in rarity?
def gonna be liberty head $5. if you are patient, you can snag them at a great price. i just grabbed a $10 liberty head in MS with a mintage under 125k for $700. so in my mind, that is spot + grading fees. i am ok with that. its old, it has a low mintage, and its in pretty dang good condition. and it will always be worth its weight in gold.
I was thinking grade. Are there any dates/mms of certain series that can be purchased in MS64 for under $500? Are MS64 coins common for gold? Whenever I would look on eBay I would see many MS61 + 62 coins.
you won't find any MS64s for $500. there aren't many in the smaller gold coins. they actually were used quite a bit back in the day. the $10 & $20 ones not so much. more of them in high grade. MS62s are nice coins and a good way to collect.
If you can stretch to about $650, you can buy common date $5 in ms63. I think these are good coins for the money. Ms64, last I checked were about $875, and unless they looked near gem I would pass. For $500, you might be able to find a $5 in ms62. As long as the luster is good and there isn't a bunch of hairlines, they can look pretty nice.
There are deals out there . . . I just won an MS66 $2.50 Lib for under $1400 on eBay last night . . . be selective, but not overly so, as you might miss the boat.
As of a minute ago a $5 Lib has $330.97 of gold content in it. One of my dealers just offered me an AU55 $5 Lib PCGS for $380 cash. I thought that was a great price. AU55 and 58 gold can have great eye appeal. Slabbed and only $50 over spot that's hard to beat. He looked online and saw them going for $415-430 on ebay pretty consistent. I didn't buy it because I already have one in my type set and would rather put the money into something else. But if you want gold, that's the one to go for. It shouldn't be hard to find out there. That's how I look at bang for the buck.
I did some searching on CL and found a guy selling a $2.5 Indian. It's a 1914 D NGC AU55. I looked on eBay and saw that they are going anywhere from $300 to close to $400. I ended up meeting with him this morning and bought it for $300. I know that's not a lot of gold for the $ but I figured if I wanted to I could flip it and then go far a $5 Liberty or whatever else I'd like. I've always thought the $3 gold was cool. $3 is an interesting denomination. So this is it. I'm happy with it for now as it's the first non bullion gold coin I've ever purchased.
Picked these a couple weeks back from my local dealer. When buying for a small premium over spot for most dates, I stay away from any additional premiums like slabbing.
I have found that slabs run maybe a $10-15 premium at most over raw. Being that it makes resale confidence for a future buyer so much better I usually pay the small extra. I must admit I like to physically hold in hand $10 and $20 golds though because they have a nice weight to them.
