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<p>[QUOTE="charlottedude, post: 4651864, member: 26010"]I agree with USC96 - coins are more of a prestige hobby than an investment, although that's not to say you couldn't break even or make a profit on the eventual sale of your collection when the time comes. As a collector of better date gold $5s, I'd say that if you are determined to put together a set of Liberty/Coronet half eagles and you have the $$ to begin your pursuit in earnest, I'd start with some of the more rare dates. Gold is trading at near all-time highs right now, therefore the premium on common/bullion-tracking dates are higher than they'd normally be. The price of gold doesn't typically affect the value of rare-date coins, since their premiums are not affected by the bullion market. If you do jump in, my best advice would be to Be Patient - don't buy cut-rate examples. Insist on original, unmessed-with, minimally-marked coins. Early/classic gold in the XF/AU and even lower MS grades should not be bright and shiny. They should have a measure of oxidation/patina on their surfaces. They're not .9999 gold, but 90% gold w/a measure of silver and copper mixed in. These two additional elements oxidize over time and can give the gold coin a layer of patina or even "crust" which savvy collectors love and are willing to pay premiums for. The trend over the last couple of decades has been for the 'coin doctor crowd' to take an original coin with a nice layer of patina and then to dip or even lightly scrub them up to brighten them in an attempt to attain a higher grade with the TPGs. PCGS and particularly NGC "awarded" a lot of these submissions, giving a brightened XF coin an AU grade. While the coin upgraded, the result was a overly cheesed up, unnaturally bright coin with little/no character. Those are the coins I recommend you avoid.[/QUOTE]</p><p><br /></p>
[QUOTE="charlottedude, post: 4651864, member: 26010"]I agree with USC96 - coins are more of a prestige hobby than an investment, although that's not to say you couldn't break even or make a profit on the eventual sale of your collection when the time comes. As a collector of better date gold $5s, I'd say that if you are determined to put together a set of Liberty/Coronet half eagles and you have the $$ to begin your pursuit in earnest, I'd start with some of the more rare dates. Gold is trading at near all-time highs right now, therefore the premium on common/bullion-tracking dates are higher than they'd normally be. The price of gold doesn't typically affect the value of rare-date coins, since their premiums are not affected by the bullion market. If you do jump in, my best advice would be to Be Patient - don't buy cut-rate examples. Insist on original, unmessed-with, minimally-marked coins. Early/classic gold in the XF/AU and even lower MS grades should not be bright and shiny. They should have a measure of oxidation/patina on their surfaces. They're not .9999 gold, but 90% gold w/a measure of silver and copper mixed in. These two additional elements oxidize over time and can give the gold coin a layer of patina or even "crust" which savvy collectors love and are willing to pay premiums for. The trend over the last couple of decades has been for the 'coin doctor crowd' to take an original coin with a nice layer of patina and then to dip or even lightly scrub them up to brighten them in an attempt to attain a higher grade with the TPGs. PCGS and particularly NGC "awarded" a lot of these submissions, giving a brightened XF coin an AU grade. While the coin upgraded, the result was a overly cheesed up, unnaturally bright coin with little/no character. Those are the coins I recommend you avoid.[/QUOTE]
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