My first $20 Liberty Double Eagle !

Discussion in 'Bullion Investing' started by mpcusa, Jul 29, 2022.

  1. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Just got this in from APMEX today and they made me wait 14 days, I have bought
    a ton of moderns from them with a turn around time of 3-4 days, so an extra
    10 days, so will probably buy elsewhere when it comes to this kind of coin.

    Usually the rout from Oklahoma City goes to Denver then grand junction then
    to Las Vegas and then to Henderson then out for shipment

    this time however started in Oklahoma City the to Denver, but thats where
    the similarity ends from there it went to Los Angeles, then to Vegas and
    on to Henderson then out for delivery, they told me it was going to arrive
    the day before, they lied to me...LOL


    Here are some stats on the 1904:

    Mintage: 6,256,699

    1904-S

    Mintage: 5,134,175


    1904-Pr 98

    Next coin up if I can find one is going to be the 1881-S which has a significantly less
    mintage, I have only found 2 on ebay and none at the usual place APMEX, JM Bullion
    Enjoy :)
     
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  3. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  4. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  5. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  6. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  7. QuintupleSovereign

    QuintupleSovereign Well-Known Member

    I feel like 1904 and 1904-S pieces are overrepresented in bullion sales.
     
  8. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    It is the most common date of the bunch with a high raw mintage, however you need to take in to account then many years have barley 62,s if that, this was a APMEX random date 64, so was already expecting an 04, its just to get my feet
    wet...LOL
     
    GoldFinger1969 likes this.
  9. rte

    rte Well-Known Member

    Nice coin.
    Can't go wrong with a 64.
    I've always had a hankering for a 1908 Saint.
    Probably with the motto, but I wouldn't be too picky.
    Not like I'm going to snag a 1907.
     
    GoldFinger1969 likes this.
  10. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Liberties in high grades are a tough get, scanning on ebay you will only find 63,s and below, its allot easier to find Saints in high grades then liberties, since I am really in to the old west, currently on the hunt for 1881-S way lower mintage
    then the 04, anything in the 1870,s will suit as well, done with the moderns for
    now as I already filled up a slab box !
     
    Mr.MonkeySwag96 likes this.
  11. rte

    rte Well-Known Member

    Cheaper to just watch western movies :D
    After the old west comes shipwreck/ pirate gold... you've been warned :p

    The-History-of-the-Jolly-Roger-Flag-Skull-and-Crossbones.jpg
     
    Penny Luster likes this.
  12. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    The warning is well taken…LOL
     
  13. Mr.MonkeySwag96

    Mr.MonkeySwag96 Well-Known Member

    I still don’t have a $20 Liberty, $20 Saint, or $10 Indian in my type set. Considering that these generic gold coins are so common, I’m going to wait for spot prices to drop to $1200 range before I add these coins to my collection.

    Back in 2019, before the Covid-19 pandemic, I got myself a generic $10 Liberty as gold was relatively cheap back then ($1200 oz):

    [​IMG]

    [​IMG]

    With gold prices still being relatively high, I’m going to focus on buying scarcer type coins rather than generic gold coins. Instead of a common date double eagle, I bought myself a $3 Indian Princess as a college graduation present last year:

    upload_2022-8-1_5-18-50.jpeg

    upload_2022-8-1_5-19-12.jpeg

    upload_2022-8-1_5-19-28.jpeg
     
    Last edited: Aug 1, 2022
    Randy Abercrombie and fretboard like this.
  14. fretboard

    fretboard Defender of Old Coinage!

    Truly a really nice gold coin! I don't own one of those yet and I may never own one. I prefer Saint Gaudens but I don't remember seeing you show one. Are you a Saint Gaudens avoider or is that on your list as well? ;)
     
    GoldFinger1969 likes this.
  15. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Not an avoider...LOL, the fact that I have so many AGE,S with the same obverse image would probably confuse me...LOL, I ve already finished filling out my modern
    slab box, and have already filled a tube of both 1 OZ GOLD ( Raw ) 1/10 GOLD ( Raw )
    So have decided to go with the $20 liberties next, the 1904 was a random date
    picked by APMEX in M/S 64, a nice coin but one of the more common ones.

    I have really done my research, am currently on the hunt for a 1881-S , problem
    is coins from this era high examples are hard to find plus this particular date
    is 5 times scarcer then the 1904 listed above, I am seeing allot of eye appealing
    A/U 50 - 58,s that look really good that look way better then some 60-63 that I am seeing, some of these coins go for 7K - 50K so there not cheap ! Saints are less expensive and have found higher grades available, but for now stuck in the $20
    Liberty mode :)
     
    GoldFinger1969 and fretboard like this.
  16. fretboard

    fretboard Defender of Old Coinage!

    Okay, I await your next golden lady! :smuggrin:
     
    rte and mpcusa like this.
  17. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I would say good luck to seeing GOLD at $1,200 an once, so you will probably
    be dead by the time that happens...LOL, FYI there are only a couple common
    dates in $20 liberty and the 1904 is one of them, this was a random pic in
    MS/64 but still a $2,400 dollar plus coin so there not giving them away..LOL
    and there are several years where A/U coins are $7-$15 and even more
    so a few dollars in your pocket helps, sticking with $20 Liberties for now
    like to sty at or near that 1 OZ figure :)
     
    GoldFinger1969 likes this.
  18. GoldFinger1969

    GoldFinger1969 Well-Known Member

    The number of Liberty DEs that are close to the price of gold is much much less than that for Saint-Gaudens DEs.
     
  19. GoldFinger1969

    GoldFinger1969 Well-Known Member

    You may be waiting a LONG time....:D
     
    Mr.MonkeySwag96 and mpcusa like this.
  20. Mr.MonkeySwag96

    Mr.MonkeySwag96 Well-Known Member

    Lol, I know. I should’ve bought a Saint before the pandemic
     
    GoldFinger1969 likes this.
  21. rte

    rte Well-Known Member

    I hear 1970 was a good year to buy.
     
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