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<p>[QUOTE="Cloudsweeper99, post: 122442, member: 3011"]I looked at this problem about a year ago and studied the prices of common date $20 liberties in relation to melt value over a number of years. There is variation from year to year, but this is what seemed to qualify as close to "average" pricing over long periods of time.</p><p><br /></p><p>VF - melt plus $50</p><p>XF - melt plus $75</p><p>AU - melt plus $100 [so your purchase price was reasonable]</p><p>low MS - melt plus $150</p><p><br /></p><p>Lower prices seemed to be bargains, higher prices seemed to be overpaying. The lowest prices achieved seemed to be about $50 per grade lower than the above prices, and probably are great buy prices if history is any guide. So if you can buy an AU coin now for $600, you probably should grab it because it's probably a tremendous bargain at the low end of the price range. I havent' seen any that cheap personally, and I wouldn't trust EBAY claims about grading. There were a couple of times when VF coins actually sold for almost double the melt value in the past, which turned out to be a terrible time to buy but a good time to sell. Interestingly, when gold prices were rising, the premiums seemed to fall most of the time. Maybe more people rush to sell when prices move higher than they were in the recent past, I don't know. So I would say your AU is now worth about $660 with gold around $580. Whether you can get that price is another matter. If you can't, wait awhile and there is a good chance you will if the price of gold holds up. All markets are unpredictable, including coins.</p><p><br /></p><p>Keep in mind that this is my personal guideline based on a study that I won't claim is scientific or statistically valid. I'm more of an investor than collector, so keep that in mind too. My opinion is worth exactly what you paid for it. But it's what I use.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 122442, member: 3011"]I looked at this problem about a year ago and studied the prices of common date $20 liberties in relation to melt value over a number of years. There is variation from year to year, but this is what seemed to qualify as close to "average" pricing over long periods of time. VF - melt plus $50 XF - melt plus $75 AU - melt plus $100 [so your purchase price was reasonable] low MS - melt plus $150 Lower prices seemed to be bargains, higher prices seemed to be overpaying. The lowest prices achieved seemed to be about $50 per grade lower than the above prices, and probably are great buy prices if history is any guide. So if you can buy an AU coin now for $600, you probably should grab it because it's probably a tremendous bargain at the low end of the price range. I havent' seen any that cheap personally, and I wouldn't trust EBAY claims about grading. There were a couple of times when VF coins actually sold for almost double the melt value in the past, which turned out to be a terrible time to buy but a good time to sell. Interestingly, when gold prices were rising, the premiums seemed to fall most of the time. Maybe more people rush to sell when prices move higher than they were in the recent past, I don't know. So I would say your AU is now worth about $660 with gold around $580. Whether you can get that price is another matter. If you can't, wait awhile and there is a good chance you will if the price of gold holds up. All markets are unpredictable, including coins. Keep in mind that this is my personal guideline based on a study that I won't claim is scientific or statistically valid. I'm more of an investor than collector, so keep that in mind too. My opinion is worth exactly what you paid for it. But it's what I use.[/QUOTE]
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$20 gold liberty head gold coin
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