Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Premium on common double eagles
>
Reply to Thread
Message:
<p>[QUOTE="GoldFinger1969, post: 26758878, member: 73489"]Nah, I like the give and take. Don't take it too seriously. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />Good observations....with Eagles, you are talking about sub-1 ounce fractionals and the premiums there might be "stickier" because the total price is still more affordable than a falling premium on a Double Eagle.</p><p><br /></p><p><b>Everything I have read says that premiums on pre-1933 bullion gold (NOT numismatics) should be less than the equivalent counterpart moderns because liquidity and demand are LESS for pre-1933. </b></p><p><br /></p><p>So if you just want gold on the cheap...won't need to sell it....and like the numismatic/historical angle....<b><i><span style="color: #0000ff">pre-1933 is the place to shop </span></i></b>!Plausible.....keep in mind that elasticities are lower for fractional ounce coins because they are more affordable with a 1-oz now costing $5,000 plus.</p><p><br /></p><p>If a Half-Eagle should sell for a 10% premium to gold ($1,250 + 10%), even if the seller asks 20% it's more affordable than a Double Eagle and probably even an Eagle. Same formula for modern 1-ouncers vs. modern fractionals. I once paid a 40% premium on a 1/20th ounce Panda !!! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p>Same math might work with Eagles vs. Double Eagles (or any other 1-ounce modern gold coins).[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 26758878, member: 73489"]Nah, I like the give and take. Don't take it too seriously. :DGood observations....with Eagles, you are talking about sub-1 ounce fractionals and the premiums there might be "stickier" because the total price is still more affordable than a falling premium on a Double Eagle. [B]Everything I have read says that premiums on pre-1933 bullion gold (NOT numismatics) should be less than the equivalent counterpart moderns because liquidity and demand are LESS for pre-1933. [/B] So if you just want gold on the cheap...won't need to sell it....and like the numismatic/historical angle....[B][I][COLOR=#0000ff]pre-1933 is the place to shop [/COLOR][/I][/B]!Plausible.....keep in mind that elasticities are lower for fractional ounce coins because they are more affordable with a 1-oz now costing $5,000 plus. If a Half-Eagle should sell for a 10% premium to gold ($1,250 + 10%), even if the seller asks 20% it's more affordable than a Double Eagle and probably even an Eagle. Same formula for modern 1-ouncers vs. modern fractionals. I once paid a 40% premium on a 1/20th ounce Panda !!! :D Same math might work with Eagles vs. Double Eagles (or any other 1-ounce modern gold coins).[/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
>
Bullion Investing
>
Premium on common double eagles
>
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...