$10 1901 S Lady Liberty

Discussion in 'US Coins Forum' started by Alexthegreat, May 3, 2021.

  1. schnickelfritz48

    schnickelfritz48 Well-Known Member

    I got my RMD for 2021 last week, can you hook me up with about 10 of those beauties???
     
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  3. Alexthegreat

    Alexthegreat Active Member

    Thank you very much for all the answers. As soon as I get a grading result, I will write it in this topic ;)
    By the way, my own tip is either Ms64+ or Ms65. Probably Ms64+. I made more pictures after cleaning it.

    IMG_5709.JPG IMG_5716.JPG IMG_5718.JPG IMG_5722.JPG IMG_5726.JPG IMG_5728.JPG IMG_5735.JPG IMG_5738.JPG
     
  4. Alexthegreat

    Alexthegreat Active Member

    I just said there's no tax pay when buying this coin. I dit not say that the coin was cheap/sold near melt value!
    What is a ''RMD''
     
  5. schnickelfritz48

    schnickelfritz48 Well-Known Member

    RMD means Required Minimum Distribution. A RMD is an annual taxable distribution from a 401/K, IRA, or other retirement plan for old, retired people.
    By the way, how much do German banks sell a US $10 or $20 gold coin for relative to the spot price of gold?
     
  6. chascat

    chascat Well-Known Member

    Average Unc. gold..MS 62
     
  7. Alexthegreat

    Alexthegreat Active Member

    Thank you for the explanation :)

    I don't know the pricing of banks, because of they are usualy very expansive. But there are bullion sellers on the internet that trade with world coins. The price for a ''type coin'' lady liberty is currently about $975, the Indian version coasts about $1060.
    I usualy buy at online coin dealers, because of I want to see what I purchase. The price of my coin was about $1080. I already search the type for several years and this one was by far the best for a reasonable premium.
     
  8. schnickelfritz48

    schnickelfritz48 Well-Known Member

    Thanks for your reply. Since you said earlier you are in Germany, I assumed you purchased the $10 U.S. gold coin from a German bank. I remember from the early 1970's seeing world gold coins including U.S. gold coins on display for sale in the windows of German banks. Somehow I wish I could have been able to afford to buy a few. My gross pay was just under $250/month at that time. There was no way I could afford approximately $55-$60 for a nice U.S. double eagle.
    Nonetheless, your 1901-S is a beauty, and thanks again for your kind replies!!!
     
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  9. john65999

    john65999 Well-Known Member

  10. Rheingold

    Rheingold Well-Known Member

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