Wanted to get an opinion about a coin I have.....

Discussion in 'Coin Chat' started by Bigbluemax2017, Jul 12, 2019 at 2:55 PM.

  1. I currently have a 2009 high relief saint gaudens double eagle and was wondering if I would be better off keeping it or getting a pre 1933 saint gaudens double eagle as far as something that may or may not be worth more money further down the road? I know the price of gold and coins fluctuate, I was hoping to see what people thought would be a better coin to have. I would really appreciate any opinions and if you have any dates on pre 1933 you would recommend me getting if you think an original saint-gaudens would be better opposed to the newer high relief.
     
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  3. hotwheelsearl

    hotwheelsearl Cheap B-Tard

    In my opinion, pre-1933 would probably have more potential to increase in value.

    Old gold has numismatic value in addition to bullion value, so there is the potential for the price to increase more in a good market than a bullion coin would.

    Then again you have the High Relief version so I'm not too sure how that changes the equation.
     
  4. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Interesting question. You will probably get as many varied replies as there are members!!

    First off.... While the high relief is an absolutely beautiful coin, it is in the end a bullion purchase. Some would say it may be the most beautiful coin struck by the mint. And as a bullion coin this is a desired piece because of it's striking beauty.

    Pre-33 gold on the other hand carries with it the history of the piece. And sometimes that can also add intrinsic value depending on coin quality and mintage numbers. I am a pre-33 gold guy. I am one of those that love the history in my coins.

    The high relief piece is a desirable piece and I would bet will remain desirable. Hard as this is for me to say given I am a pre-33 gold guy, I think for intrinsic value it is a safe bet holding the high relief St Gaudens.
     
  5. medoraman

    medoraman Supporter! Supporter

    I think they are similar. By definition you will lose value by trading one for the other, so I would sit tight on the high relief. If you want Pre-33 gold, make your next purchase that.
     
    Heavymetal likes this.
  6. Thank you very much for all the opinions and replies I got regarding my question, I really appreciate it very much. I'll just sit tight on the high relief and make my next purchase a pre 33 double eagle. By chance would anyone have any recommendations on pre 33 double eagle saint gaudens dates that would be a good date to purchase if I was looking to spend around $3,000?
     
  7. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    My personal opinion only.... If I had 3k to purchase a double eagle, I would get two average coins. They can be picked up around 1400.00 or so right now.
     
    PlanoSteve likes this.
  8. hotwheelsearl

    hotwheelsearl Cheap B-Tard

    Good idea, diversify the portfolio
     
    Randy Abercrombie likes this.
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