Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Premiums On Pre-1933 Gold Coins (Saints, Liberty's, Eagles, Halfs, etc.) DISAPPEARING !
>
Reply to Thread
Message:
<p>[QUOTE="GoldFinger1969, post: 26181433, member: 73489"]<b><span style="color: #b30000">Premiums on Double Eagles for MS-63's and MS-64 commons are now practically zero. </span></b> Even MS-65 commons that used to sell for 20-25% over spot gold are now < 10%. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie100" alt=":wideyed:" unselectable="on" unselectable="on" /></p><p><br /></p><p>And some of the smaller coins -- like Half and Quarter Eagles -- which sold for 50-100% premiums (raw or AU/MS grades) have seen their premiums totally melt away. <b>Rising gold prices PLUS hoards like the Fairmont Collection have increased those coins availability</b> which were always suspected of being quite common.</p><p><br /></p><p><b><i>It's a Brave New World, folks. </i></b> If gold should hit $5,000 an ounce (I thought it might happen by 2035, now it could happen maybe by 2030 !) you could even see the premiums on MS-67 commons start to approach zero.</p><p><br /></p><p>Wow.....<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie100" alt=":wideyed:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 26181433, member: 73489"][B][COLOR=#b30000]Premiums on Double Eagles for MS-63's and MS-64 commons are now practically zero. [/COLOR][/B] Even MS-65 commons that used to sell for 20-25% over spot gold are now < 10%. :wideyed: And some of the smaller coins -- like Half and Quarter Eagles -- which sold for 50-100% premiums (raw or AU/MS grades) have seen their premiums totally melt away. [B]Rising gold prices PLUS hoards like the Fairmont Collection have increased those coins availability[/B] which were always suspected of being quite common. [B][I]It's a Brave New World, folks. [/I][/B] If gold should hit $5,000 an ounce (I thought it might happen by 2035, now it could happen maybe by 2030 !) you could even see the premiums on MS-67 commons start to approach zero. Wow.....:wideyed:[/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
>
Premiums On Pre-1933 Gold Coins (Saints, Liberty's, Eagles, Halfs, etc.) DISAPPEARING !
>
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...