Gold Coin Knowledge Wanted

Discussion in 'Coin Chat' started by ace71499, Feb 26, 2014.

  1. geekpryde

    geekpryde Husband and Father Moderator

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  3. drathbun

    drathbun Well-Known Member

    I don't care for that coin; either the pictures don't do it justice, or there are dark smudges of some kind on the coin. The one posted by Camaro looks far nicer. It could just be the pictures...
     
  4. rysherms

    rysherms Alpha Member

    xf45? au50? its a keeper for sure, regardless.
     
  5. CamaroDMD

    CamaroDMD [Insert Clever Title]

    Thanks. PCGS actually graded the coin MS64...which is a nice grade IMHO. I love this coin

    My point to the OP is...these coins can look amazing in grades below MS65. 1 grade point might not seem like a lot, but it does make a big difference on the wallet. If you look at the PCGS price guide (which is overpriced and can't really be used for purchasing)...you will see how much these coins jump based on a single grade point. Again, I wouldn't use the guide for buying...but it gives you a relative idea on how a very small grade change can make a large price difference.

    Here is the PCGS numbers for a 1925 (common date) St. Gaudens Double Eagle:

    AU55: $1575
    MS60: $1580
    MS62: $1660
    MS63: $1750
    MS64: $1820
    MS65: $2400
    MS66: $3600
    MS67: $32,500

    http://www.pcgs.com/Prices/PriceGuideDetail.aspx?MS=1&PR=1&SP=1&c=67&title=St. Gaudens $20

    My point is...up until MS64 the price doesn't change a whole lot (especially when you factor in the melt is currently $1288.03). Once you get above MS64...it starts to climb quickly. This is common for pre-33 gold.
     
  6. ace71499

    ace71499 Young Numismatic

    That ones nice... im not the best grader but i might say BU55 or is it AU55... idk but ya i like that maybe i don't need 65 plus because that is a beauty
     
  7. ace71499

    ace71499 Young Numismatic

    Oh on by the way im 14 with no job.... im trying to get like a 1/10 gold coin for 150 or less or if theres bigger coins ill take those...
    i mean i guess i could go up if i really wanted to but idk i would be more confortable with less than 150
     
  8. CamaroDMD

    CamaroDMD [Insert Clever Title]

    Well, the melt value alone on a 1/10 coin as of today is $128.89...and they do tend to carry a premium over spot. But, I think the $150 range would be doable. Being that you are 14...and since it is only February, I'm going to assume you haven't had a birthday yet. That would mean you were born in 1989. Maybe you should look for a 1989 1/10 American Gold Eagle. The came in either business strike or proof.

    Here is a 1989 1/10 AGE proof that sold on eBay for $164.25 shipped. A little over $150, but with a little shopping around who knows what you will find.

    http://www.ebay.com/itm/1989-AMERICAN-EAGLE-5-00-PROOF-1-10oz-ROMAN-NUMERALS-YEAR-ON-GOLD-COIN-/151235384392?pt=US_Bullion_Coins&hash=item233654d448&nma=true&si=MW8DASVrqSLEN2x9tQw%2BiIyETF0%3D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557

    Just for the record...that coin had the following mintages:
    1989 Business Strike: 264,790
    1989-P Proof: 84,647

    What is also really cool about the 1989 AGE (all AGEs from 86-91), the date is in roman numerals.
     
  9. ace71499

    ace71499 Young Numismatic

    Is there any made in 1999 because that's when I was born... It's ok everyone makes mistakes. Thanks for the tips all throught this though.
     
  10. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    Google + "1999 1/10th gold eagle" = answer. ;)
     
  11. CamaroDMD

    CamaroDMD [Insert Clever Title]

    Wow...I totally was off by a decade. It's been a very long day...I think I had a brain moment. Yes, they were made in 1999.

    Business strike mintage: 2,750,338
    Proof: 48,428
     
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