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<p>[QUOTE="krispy, post: 853892, member: 19065"]<b>DollarCollector </b>you need some more gold coin education and to do much more reading before tossing out the $5k and $6k figure like you did for the OPs coins... </p><p><br /></p><p>I'm well aware of the price of gold and other PMs, and even cited it for you in my previous post when questioning your figures. I am also aware of online auction prices for all of the coins you deferred to but you didn't answer me in regards to the OP's 1987 bullion AGEs as to why they are worth $5k-$6k, which for less than 2 oz of gold are worth approximately a little over spot but nothing near those prices you gave! Their value can depend upon their condition if selling them to a collector vs a bullion dealer or individual bullion investor, but you can be sure that no bullion dealer will pay that for these bullion coins and most all knowledgeable gold coin collectors won't either as they are just bullion issues. </p><p><br /></p><p>If you understood what Numismedia.com was and how they arrived at their figures then you'd know why their prices for each specific coin they track are generally accepted as Fair Market Value. You need to learn the difference between bullion coins and collectors versions, raw coins and TPG graded coins, and how grades and mintage figures can impact coin prices. </p><p><br /></p><p>Certainly, you will find all kinds of prices for different coins but you need to know the reasons why, for instance, 1 oz. Buffalos are currently priced at what they are compared to the 1987 AGEs in the OPs set. The age of the coin has nothing to do with value either. </p><p><br /></p><p>Go do some reading and try again...[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 853892, member: 19065"][B]DollarCollector [/B]you need some more gold coin education and to do much more reading before tossing out the $5k and $6k figure like you did for the OPs coins... I'm well aware of the price of gold and other PMs, and even cited it for you in my previous post when questioning your figures. I am also aware of online auction prices for all of the coins you deferred to but you didn't answer me in regards to the OP's 1987 bullion AGEs as to why they are worth $5k-$6k, which for less than 2 oz of gold are worth approximately a little over spot but nothing near those prices you gave! Their value can depend upon their condition if selling them to a collector vs a bullion dealer or individual bullion investor, but you can be sure that no bullion dealer will pay that for these bullion coins and most all knowledgeable gold coin collectors won't either as they are just bullion issues. If you understood what Numismedia.com was and how they arrived at their figures then you'd know why their prices for each specific coin they track are generally accepted as Fair Market Value. You need to learn the difference between bullion coins and collectors versions, raw coins and TPG graded coins, and how grades and mintage figures can impact coin prices. Certainly, you will find all kinds of prices for different coins but you need to know the reasons why, for instance, 1 oz. Buffalos are currently priced at what they are compared to the 1987 AGEs in the OPs set. The age of the coin has nothing to do with value either. Go do some reading and try again...[/QUOTE]
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American Eagle Set Mint Condition 1987
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