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<p>[QUOTE="imrich, post: 2429683, member: 22331"]You've seemingly asked a logical question as to how some values in the "Grey Sheet" are established, and received a seemingly illogical response about coins that some less informed believe should vary proportionally with PM values. The Double Eagle coins aren't "bullion"(i.e. metals unintended by government as Legal Tender), but Numismatic COINS (i.e. Legal Tender), not necessarily "value related" to varying PM bullion values.</p><p><br /></p><p>The new C.D.N. publisher (a member here, who you might ask) has listed the current bullion value in the pricing schedule, seemingly inferring that the value of these Numismatic COINS vary with bullion value as would that of a modern AGE non-coin. This new bullion value addition seemingly leads the uninformed to believe that the real value of Numismatic coins will directly vary relative to quoted PM market changes.</p><p><br /></p><p>The 1911 MS63 Double Eagle of which you asked has been a premium coin in the more than half century that I've searched/collected them. I can produce decades old documents that show their value to be more than double that of common date coins.</p><p><br /></p><p>If we use the believed ~melt +9% illogic that was stated for the Double Eagle MS63 1911 value which has a mintage ~56% of the Morgan MS63 1889cc, it'd be understood that the 1889cc ms63 coin should be available for less than $13. Its bullion value plus ~9%, discounted slightly for less rarity. LOL!!</p><p><br /></p><p>I again suggest that you use reported factual sales rather than relying on subjective unsupported statements.</p><p><br /></p><p>JMHO[/QUOTE]</p><p><br /></p>
[QUOTE="imrich, post: 2429683, member: 22331"]You've seemingly asked a logical question as to how some values in the "Grey Sheet" are established, and received a seemingly illogical response about coins that some less informed believe should vary proportionally with PM values. The Double Eagle coins aren't "bullion"(i.e. metals unintended by government as Legal Tender), but Numismatic COINS (i.e. Legal Tender), not necessarily "value related" to varying PM bullion values. The new C.D.N. publisher (a member here, who you might ask) has listed the current bullion value in the pricing schedule, seemingly inferring that the value of these Numismatic COINS vary with bullion value as would that of a modern AGE non-coin. This new bullion value addition seemingly leads the uninformed to believe that the real value of Numismatic coins will directly vary relative to quoted PM market changes. The 1911 MS63 Double Eagle of which you asked has been a premium coin in the more than half century that I've searched/collected them. I can produce decades old documents that show their value to be more than double that of common date coins. If we use the believed ~melt +9% illogic that was stated for the Double Eagle MS63 1911 value which has a mintage ~56% of the Morgan MS63 1889cc, it'd be understood that the 1889cc ms63 coin should be available for less than $13. Its bullion value plus ~9%, discounted slightly for less rarity. LOL!! I again suggest that you use reported factual sales rather than relying on subjective unsupported statements. JMHO[/QUOTE]
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