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Regarding Classic head gold scarcity
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<p>[QUOTE="GoldCoinLover, post: 666221, member: 4336"]So I've decided to specialize in classic head $2.50 gold. I can't really afford any more specimens, but I go to heritage often and look at as many specimens as I can to get good at grading them. I already feel I've gotten better.</p><p><br /></p><p>There seems to be very little if none research done on the series. I hope to eventually buy mcclosey's (sp?) book on it when it comes available.</p><p><br /></p><p>I think I posted this earlier, but something I just can't figure out. Why is classic head gold so expensive? I understand how rare pre 1834 gold, because most of it was melted and of its higher gold content was hoarded....I mean classic head gold I think is overrated, I don't think many collect or specialize in it. So it doesn't seem demand would be raising the prices? Is the classic head gold really all that scarce? I searched ebay and found 2 pages of results from classic head gold. I just don't see where the relatively high prices come from. For example a VF-XF classic $2.50 may go for 500 bucks, where a regular 2.50 liberty may go for melt!</p><p><br /></p><p>If demand isn't contributing to the cause, what is it? Perhaps because the series were so short?[/QUOTE]</p><p><br /></p>
[QUOTE="GoldCoinLover, post: 666221, member: 4336"]So I've decided to specialize in classic head $2.50 gold. I can't really afford any more specimens, but I go to heritage often and look at as many specimens as I can to get good at grading them. I already feel I've gotten better. There seems to be very little if none research done on the series. I hope to eventually buy mcclosey's (sp?) book on it when it comes available. I think I posted this earlier, but something I just can't figure out. Why is classic head gold so expensive? I understand how rare pre 1834 gold, because most of it was melted and of its higher gold content was hoarded....I mean classic head gold I think is overrated, I don't think many collect or specialize in it. So it doesn't seem demand would be raising the prices? Is the classic head gold really all that scarce? I searched ebay and found 2 pages of results from classic head gold. I just don't see where the relatively high prices come from. For example a VF-XF classic $2.50 may go for 500 bucks, where a regular 2.50 liberty may go for melt! If demand isn't contributing to the cause, what is it? Perhaps because the series were so short?[/QUOTE]
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