Gold: Pre 1933 Vs AGE

Discussion in 'Bullion Investing' started by FryDaddyJr, Apr 14, 2019.

  1. FryDaddyJr

    FryDaddyJr Junior Member

    Do you do one or the other or both? What would be the reasons?
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  3. ewomack

    ewomack Senior Member Supporter

    Both - just to diversify.
    Stevearino likes this.
  4. ilmcoins

    ilmcoins Well-Known Member

    It depends on if you are able to buy the pre33 for melt (or at least a similar premium as the modern bullion) or not? Just want to make sure you are comparing apples to apples. If the premiums (or lack thereof) over melt are the same I prefer pre33...
  5. johnmilton

    johnmilton Well-Known Member

    I collect mostly old gold because that's what interests me. I have one set set of Uncirculated and Proof AGE as type coins. That's it. I don't want a lot of them because it ties up a lot of money that could be used elsewhere.

    I also have a lot of modern gold commemorative coins. Fortunately I purchased the vast majority of them in the secondary market and not from the mint. Since I have now paid less than melt, I could make money on them if I sold them, but that was not my reason for buying them.

    The trouble with buying "old gold" (pre 1933), is that preservation has a lot to do with the value. When you buy AGE's you are mostly buying bullion. That makes the purchase easier because it requires much less expertise.
    Last edited: Apr 14, 2019
  6. Santinidollar

    Santinidollar Supporter! Supporter

    When I buy old gold, it’s a collecting purchase. When I want to buy gold as an investment hedge, I go with business strike AGEs. To me, each is just an ounce of gold. My collection also includes an AGE proof and a Buffalo gold proof. Those should never be considered purely “gold investments.”
  7. Collecting Nut

    Collecting Nut Borderline Hoarder

    Both as is provides better protection. Gold coins are more of a collection while the other is an investment.
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  8. chascat

    chascat Well-Known Member

    Like the look and history of old gold vs. bullion.
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  9. Ima Dragon

    Ima Dragon Year of the Dragon

    AGE coins don't offer the History of Gold Pieces(besides copying a So So Design) or the Denominations people used , $1.00 $2.50 & $3.00 Gold Pieces are very interesting to me .
    I would love to see the U.S. Mint produce fractional Gold Buffalos , I would collect those .
    Ah Numismatics , everyone can find a niche here . I Love it .
  10. FryDaddyJr

    FryDaddyJr Junior Member

    This was just going to be an APMEX purchase if that matters
  11. myownprivy

    myownprivy Well-Known Member

    It matters only because you'd be overpaying. Your pre33 gold or AGE would be cheaper from Provident or JmBullion.
    FryDaddyJr likes this.
  12. FryDaddyJr

    FryDaddyJr Junior Member

    what grade would you get on a 20 dollar St Gauden's if it was you?
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  13. FryDaddyJr

    FryDaddyJr Junior Member

    images below don't confirm this.


    Last edited: Apr 14, 2019
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  14. Stevearino

    Stevearino Supporter! Supporter

    I've never found one big bullion firm always cheaper than the others, apples-to-apples. I've bought from APMEX, JMB, Pinehurst, Provident and others.

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  15. Ima Dragon

    Ima Dragon Year of the Dragon

    Circulated , I like to feel them because I'm really interested in the History of the old Gold pieces . I imagine what they were used for and the different possibilities in making change for them .
  16. Collecting Nut

    Collecting Nut Borderline Hoarder

    Every bullion dealer is in business to make money and they are in competition with each other. They all have sales, reduced prices, various shipping options, etc. They buy and sell their goods.

    No one dealer is always cheaper than their competitors. The market changes and do does their inventory. If you are interested in buying or selling, you must shop around. The ball is always in your court, not theirs.
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  17. Collecting Nut

    Collecting Nut Borderline Hoarder

    So true.
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  18. myownprivy

    myownprivy Well-Known Member

    It looks like you may have found one of the exceptions. If that's the case, go for it!

    However, I was under the impression you were buying for bullion. If that's the case, just buy xf or cleaned and get as close to spot as possible.

    Stevearino likes this.
  19. slackaction1

    slackaction1 Well-Known Member

    $20 Saint-Gaudens Double Eagle Pre-1933... 1360.00... and
    $20 Liberty Double Eagle Pre-1933gold eagle 1370.00 at Nationwide
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  20. FryDaddyJr

    FryDaddyJr Junior Member

    I thought you were always buying a bit of both. numismatic and gold.
  21. FryDaddyJr

    FryDaddyJr Junior Member

    I had never heard of Nationwide. looks terrible
    Last edited: Apr 14, 2019
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