Gold coin purchasing question

If you could buy certified early 1900s (G-VF) gold coins at or near melt value, would you? If you would pay over melt, what's the most over melt you would pay for them? Let's use a $2.5 Indian (not a key date) graded VG10 as an example. What's the most you'd pay for an NGC or PCGS slabbed coin? Edit: assume the intent for the purchase is adding to gold bullion for investment purposes, and nothing more.

 

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Thanks. I probably should've clarified this is intended purely as bullion investment. What's the closest to bullion you would pay if you were treating the coin as bullion?

 

Thank you for your input!

 

Ya, good luck getting them at bullion prices, lol. I think right now $200-$210 would be a really good price on a graded no problem low grade coin.

 

There was a raw one in our coin club auction. It sold for $225.

 

Bullion value on a quarter eagle is $154.71 at the moment. Good luck finding even a holed one anywhere near that price. Half-eagles and up can be had closer to melt.

 

What about XF and AU versions of them? What do dealers usually pay?

 

If your buying strictly for bullion purposes, the paying any type of premium should
be kept to a minimum especially if the coin isnt that rare to begin with.

 

That's generally the goal. I just know that Indians hold a higher premium and was curious how much the difference was.

 

If your looking at bullion, i would take a real close look at the Krugerrand, top
dog on the gold investing block, i like them over any other including the AGE
and maple leaf.

 

"top dog"? Hmm, my opinion is a little different, lol

 

Your going to deny its the most popular ? would like to hear yours ?

 

I personally treat bullion investing as being very separate from my coin collecting hobby. I don't buy coins for bullion because of their resale value, but because of their metal content. I don't care if there's a beautiful panda or pile of poop drawn on the coin I'm collecting so long as it's real and was purchased at or under melt. I was curious about the premiums on the US old gold coins because I wanted to see if it was worth looking into those. Basically, I've learned that if I can buy any of them even a little bit over melt, I could win out. That's really what I was getting into.

I appreciate everyone's input on the matter. Very informative.

 

Well, in the US, yes. I prefer the buffalos, then the eagles.

 

well how about the Krugerrands ? the buffalos are nice however the premiums
And the size limitations make it undesirable atleast from where i am setting.
and not really crazy about the AGE,S

 

I'm just not a fan of the Krugerrands. Look cheap to me (sorry!)

 

I have 1977 and 1978 Krugerrands. I think they are nice looking. Wanna know what I paid over ten years ago? $700 for one and $680 for the other.