Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Post a Saint
>
Reply to Thread
Message:
<p>[QUOTE="johnmilton, post: 26443509, member: 101855"]I paid a big premium, $75, which was high retail. The reason was my parents and I were very afraid of counterfeits, which were coming from places like Lebanon. Twenty dollar gold pieces were advertised regularly in the coin magazines at the time in “BU” for $49.95. I saw a few of the coins people got for that price at the time. They were really beat up, and not attractive at all. NGC graded this one MS-64. I think normal retail back then was $60 to $65 for a nice Unc. </p><p><br /></p><p>Back in the ‘60s, the coin investment experts said that gold coins were “a safe investment but not a good investment.” The price difference for a common date $10 or $20 gold piece in “BU” and “Choice BU” was only a couple dollars. In later years, that couple dollars would translate into hundreds or even thousands of dollars more in price if you got what you paid for. For example a “BU” $10 Liberty was priced at Stacks @$45. The “Choice BU” was $47.50. When I had it graded, one of those “Choice BU” pieces came back graded MS-65![/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 26443509, member: 101855"]I paid a big premium, $75, which was high retail. The reason was my parents and I were very afraid of counterfeits, which were coming from places like Lebanon. Twenty dollar gold pieces were advertised regularly in the coin magazines at the time in “BU” for $49.95. I saw a few of the coins people got for that price at the time. They were really beat up, and not attractive at all. NGC graded this one MS-64. I think normal retail back then was $60 to $65 for a nice Unc. Back in the ‘60s, the coin investment experts said that gold coins were “a safe investment but not a good investment.” The price difference for a common date $10 or $20 gold piece in “BU” and “Choice BU” was only a couple dollars. In later years, that couple dollars would translate into hundreds or even thousands of dollars more in price if you got what you paid for. For example a “BU” $10 Liberty was priced at Stacks @$45. The “Choice BU” was $47.50. When I had it graded, one of those “Choice BU” pieces came back graded MS-65![/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Post a Saint
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...