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<p>[QUOTE="kaparthy, post: 489155, member: 57463"]Same thing. A 2 1/2 Indian in About Uncirculated -- some obvious wear --- will run about $400 if gold is $800/oz. The Quarter Eagle ($2.50 gold) brings a nice premium over melt. During the Great Depression when gold was nominally "illegal" these sold for the same as other gold coins: bullion. I am at a loss to explain why they carry such a hefty premium today -- mintage figures alone do not explain it -- but the market truth is that they do. </p><p><br /></p><p>You have a lot of choices in terms of classic American gold coins. For instance the HALF Eagle ($5.00) gold has many high-mintage years -- 1843, 1847, 1852, etc., etc., -- for about $600 to $800 depending in the price of gold.</p><p><br /></p><p>Bullion coins have less mark-up, of coursse, but less historicity. A good compromise are the 19th century British Sovereigns and French 20 Franc. The Sovereign is about a quarter ounce (.2354) about like a US$5 and you can find nice Victoria Young Heads from the mid-1800s for a few points over spot. The French Rooster and the French ArchAngel are 1/5 ounce (.1886) and are also nice and are also cheap relative to bullion.</p><p><br /></p><p>That's all you get for them, when you sell them, but they do have historicity, which a modern Eagle (Quarter Eagle, etc.) does not, except as in the year 2027, your daughter will find a Quarter Eagle Gold from the 1990s to be truly archaic![/QUOTE]</p><p><br /></p>
[QUOTE="kaparthy, post: 489155, member: 57463"]Same thing. A 2 1/2 Indian in About Uncirculated -- some obvious wear --- will run about $400 if gold is $800/oz. The Quarter Eagle ($2.50 gold) brings a nice premium over melt. During the Great Depression when gold was nominally "illegal" these sold for the same as other gold coins: bullion. I am at a loss to explain why they carry such a hefty premium today -- mintage figures alone do not explain it -- but the market truth is that they do. You have a lot of choices in terms of classic American gold coins. For instance the HALF Eagle ($5.00) gold has many high-mintage years -- 1843, 1847, 1852, etc., etc., -- for about $600 to $800 depending in the price of gold. Bullion coins have less mark-up, of coursse, but less historicity. A good compromise are the 19th century British Sovereigns and French 20 Franc. The Sovereign is about a quarter ounce (.2354) about like a US$5 and you can find nice Victoria Young Heads from the mid-1800s for a few points over spot. The French Rooster and the French ArchAngel are 1/5 ounce (.1886) and are also nice and are also cheap relative to bullion. That's all you get for them, when you sell them, but they do have historicity, which a modern Eagle (Quarter Eagle, etc.) does not, except as in the year 2027, your daughter will find a Quarter Eagle Gold from the 1990s to be truly archaic![/QUOTE]
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This is an odd question...
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