Gold Commemorative

Discussion in 'Coin Chat' started by CamaroDMD, Nov 27, 2016.

  1. CamaroDMD

    CamaroDMD [Insert Clever Title]

    OK, so I have been thinking about setting aside a little money and picking up a $5 modern gold commemorative. For whatever reason, the 1999 Washington Gold has always had a special place in my heart. I loved it when it came out and I still do...I'd like to get a proof example.

    I know a lot of people here hate slabbed modern coins...and I understand the argument. However, I was thinking of picking one of these up graded PR69DCAM (I won't pay a premium for a coin slabbed as 70). by either PCGS or NGC. My reason is, I find them easier to store and I personally don't mind the slab. I also find the OGP to be somewhat harder to store and cumbersome to dig open to look at the coin.

    That said, is there any benefit in the liquidity of the coin if it is slabbed verse OGP. I know a lot of "classic" coins are much easier to sell when they are slabbed. Does this also hold true for modern commemorative coins or does it really matter? Even though I think the slabbed coins are easier...I want to make sure I protect my investment by purchasing the coin in its most liquid form. I assume that's slabbed, but this is a type of coin I have never owned.

    Also, based on what I have seen with prices...both cost about the same (OGP vs. slabbed).
     
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  3. Yankee42

    Yankee42 Well-Known Member

    I think they will be equally easy to sell. If you want slabbed then I say go for it. I have the 1995 Civil War $5 proof and it is really cool looking.
     
  4. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    As long as you keep the OGP you're probably looking at pretty even money when you sell.......maybe a slight premium for a slabbed piece, but all in all, these types usually grade between '69 or '70 anyway.
     
  5. Conder101

    Conder101 Numismatist

    Considering either way you go you will probably be offered somewhere around melt value for it when you go to sell it, it probably doesn't matter.
     
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  6. ddddd

    ddddd Member

    This is true for many modern gold commemoratives (with a few outliers like the unc Jackie Robinson). I have a Jamestown gold in PF 70 that multiple dealers offered around melt. For 69 or OGP it is closer to 3% under melt. So just pick what you like better (slabbed vs raw) as there really isn't much of a monetary difference.
     
  7. CamaroDMD

    CamaroDMD [Insert Clever Title]

    That's honestly what I figured.
     
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