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<p>[QUOTE="samjimmy, post: 184311, member: 3813"]IMHO, gold pieces (except the really high grades, really low mintages, etc.) follow gold market value. You can buy older $20 gold coins for about the same price as current moderns (they'll be above spot, but you'd think it would cost much more for a 100+ year old coin). I bought a couple of $20 gold coins at the end of 2005 (a 1900 and a 1904) for $575 each (slabbed MS63's). At the time, spot was ~$525. Now gold spot is ~$625, and I could sell them for more. On May 12, 2006, gold spot was at a high of $725. If I had sold them then, I could have probably gotten $775+ for each.</p><p><br /></p><p>In other words, I think they are neat (being 100+ year old coins), but I don't see them bringing much higher than spot any time in the future. I see them more as gold investments, and less as coin investments.</p><p><br /></p><p><br /></p><p><br /></p><p><font size="1">Example: This is a 122 year old coin: <a href="http://cgi.ebay.com/20-00-liberty-eagle-coin-1885s_W0QQitemZ320068630619QQihZ011QQcategoryZ39472QQrdZ1QQcmdZViewItem" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://cgi.ebay.com/20-00-liberty-eagle-coin-1885s_W0QQitemZ320068630619QQihZ011QQcategoryZ39472QQrdZ1QQcmdZViewItem" rel="nofollow">http://cgi.ebay.com/20-00-liberty-eagle-coin-1885s_W0QQitemZ320068630619QQihZ011QQcategoryZ39472QQrdZ1QQcmdZViewItem</a> and it sold for $20 over spot. Might not be MS61, but you get the idea. Higher grades will command more, and PCGS slabbed coins will command more, but MS61 isn't a terribily high grade, and this raw coin gives you an idea of the "worth" of old gold (verses new gold).</font>[/QUOTE]</p><p><br /></p>
[QUOTE="samjimmy, post: 184311, member: 3813"]IMHO, gold pieces (except the really high grades, really low mintages, etc.) follow gold market value. You can buy older $20 gold coins for about the same price as current moderns (they'll be above spot, but you'd think it would cost much more for a 100+ year old coin). I bought a couple of $20 gold coins at the end of 2005 (a 1900 and a 1904) for $575 each (slabbed MS63's). At the time, spot was ~$525. Now gold spot is ~$625, and I could sell them for more. On May 12, 2006, gold spot was at a high of $725. If I had sold them then, I could have probably gotten $775+ for each. In other words, I think they are neat (being 100+ year old coins), but I don't see them bringing much higher than spot any time in the future. I see them more as gold investments, and less as coin investments. [size=1]Example: This is a 122 year old coin: [url]http://cgi.ebay.com/20-00-liberty-eagle-coin-1885s_W0QQitemZ320068630619QQihZ011QQcategoryZ39472QQrdZ1QQcmdZViewItem[/url] and it sold for $20 over spot. Might not be MS61, but you get the idea. Higher grades will command more, and PCGS slabbed coins will command more, but MS61 isn't a terribily high grade, and this raw coin gives you an idea of the "worth" of old gold (verses new gold).[/size][/QUOTE]
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