2009 ultra high relief double eagle unciruclated gold coin

Thanks for looking Chris. Just giving you a hard time. I really do hope that you are able to get the coin for a decent price someday. :hail:

 

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I will for sure. Even if I had to pay at the next price tier, as a collector, it would be worth it to me. I enjoy the enthusiasm around this coin too.

 

UHR Palladium

When will the mint start taking orders on the Palladium,will they all be business strikes (MS) or will they offer proofs ?

 

From the August 3rd Coin News article regarding the Palladium coins.

 

There is no date yet on the Palladium, matter of fact it has to clear several hurdles before it becomes law. Truthfully I dont see it happening with just over 4 months left in the year. Think about it...this has to clear the house (not sure if it has already), the senate and then it has to be sent to the President to sign it into law. After that is done they have to procure blanks and make new dies for the coins, mint the coins, makea brand new packaging for the coins...too many hurdles to make them in 4 months

 

The coin really is quite spectacular and the packaging rather unique. I wanted one for my collection not as an investment but as a beautiful addition to the commemorative gold pieces I've been purchasing for the last couple of years. I must say that it did take a bite out of this years coin purchase budget.....but I don't regret it.
I will add one more thing. I believe it's sacrilege to separate this coin from it's original packaging and sent of to a TPG'er.

 

i like buffalo proof box rather than the UHR box.

 

And thats the reason I bought two of them. One to send for grading and the other to keep in its original packaging. My graded one is a MS70 First Strike. Not bad for being my first submission ever to a TPG

 

I'm personally not into the boxes from the Mint at all, they're too "pretty" decorative and add to the price of the piece. I do like the idea of the book that comes with the UHR and wish that documentation/COA was something more substantial like the UHR book seems to be. I also don't like the slabs that they use to show off the edge lettering of coins, those prongs get in the way of the coin, IMO.

 

That's what I've been thinking. It'd really be too bad if it doesn't get made, maybe they'll make them into 2010?

 

Unless they write up another legislation for 2010 then it wont happen because the current legislation calls for it to be minted ONLY in 2009 (only 15,000) and as part of a set for the numi versions, and "unlimited" for the investment versions.

The numi version will NOT be proof but it will be burnished (or a strike similar to the gold UHR)

 

o.k. i am planning for the first time to buy 10 to 20 pc of UHR double eagle gold. hopefully i can get it at one bracket lower. price at $1,239.00. so the average gold price must go down below $900.00.

 

you might get lucky, as may many who have long been wishing for the big drop, but I'm not sure the commodity will drop/correct that low, but if it does and the mint corrects one bracket lower, then you and I better be ready to buy fast!

 

my calculation for palladium and platinum double eagle coin.

15,000 maximum for palladium should be equivalent to 150,000 gold coin. a set of proof and unc at 30,000 coin is around 300,000 gold coin. my way of thinking is that palladium mintage at 15,000 is very much higher than the current 78,000 UHR gold.

 

I have not open my 2 UHR yet I waiting to see how may get made.

 

There are some coins that I can see buying as many as you can because not only are they collectable, but they are an investment, but the UHR is most likely not an investment coin.... at least not for the short term anyway. So Elaine, why would you spend your hard earned money on something that may take years to produce any return. The are many high yield international stocks that will have a better return in both the short term and long term. If it is gold that you are wanting to own, there is also better ways to acquire it without paying the premiums the mint attaches to it. Just my two cents.

 

thanks jaceravone. i pass this one again. instead of buying UHR. i will buy spouse gold.

 

Forigve me if this was asked before or already covered etc... but if you are considering buying 10-20 UHR's, why are you putting all of your eggs into one basket? Just using round numbers here but i'll say 20 UHR's is roughly $25,000. If you have that much to spend/invest, why not buy some of each?

Assuming you are starting with 0 of those coins - With that amount of money you could divide it up a number of ways. Looking over the mint's website they currently have 9 different FS coins available between proof/unc averaging $622 each with UHR's roughly $1240 each. You could buy 4 of each of the FS Gold coins and still have enough left over for 2 UHR's. Or get more UHR's less FS, etc.

Just curious as to why you wouldn't get both?

 

I have yet to bite on the UHR, I have seen many in hand and the quality seems to be all over the place as far as strike and surfaces.

As pretty as the boxes are I agree with others that they just add to the cost and take up a lot of space. One reason I like the graded slabs is they fit in well with the rest of my collection.

 

Sorry, why the spouse gold? I would think in time there would be a higher collector demand for the UHR.