FS: 2009 ultra-high-relief $20 Double Eagle
Ned
US Mint: http://atu.ca/7865
Jon Purkey
The more I read about these new coins the more I want one of the
original 1907-1933 coins. I think I would rather have one of originals
instead of the new version which does not really appeal to me.
halork
> eBay:http://atu.ca/2009DoubleEagle
>
> US Mint:http://atu.ca/7865
Nice $500.00 markup there. Good luck!
Ira
> eBay:http://atu.ca/2009DoubleEagle
>
> US Mint:http://atu.ca/7865
The US Mint was not accepting orders before Noon, today, Jan 22. I saw
the struck prototypes up close at Baltimore ANA this past Summer and
they were quite impressived. They were based on Augustus St. Gaudens
double thickness $20 the diameter of a $10 piece. The Mint sets the
price on Wednesday based on the average price of gold bullion the
previous week. The order price as of this week
is $1189 plus $4.95 shipping. With gold at about $860 it's a hefty
premium but they are already significantly back ordered. I was told
shipment could take between six and eight months, with
one per household at present. I think the winning bidders in the
auction Ned indicated (at $1450) might have a long wait. No advance
orders could be accepted and it was almost impossible to get through
for me until about 4 PM EST.
Ira
Ira
> On Wed, 21 Jan 2009 08:00:07 -0700 (MST), Ned
>
> <nob...@pseudo.borked.net> wrote:
> >eBay:http://atu.ca/2009DoubleEagle
>
> >US Mint:http://atu.ca/7865
>
> The more I read about these new coins the more I want one of the
> instead of the new version which does not really appeal to me.
I've got one I'd sell at $1190 delivered PCGS graded at MS-62. That's
Graysheet wholesale bid when gold was at $820/oz. I believe it's about
$860 now, so this is a good price. Only have one available, however.
Ira
RWF
news:120cc3fd-e0e9-4f22...@e1g2000pra.googlegroups.com...
>I've got one I'd sell at $1190 delivered PCGS graded at MS-62. That's
>Graysheet wholesale bid when gold was at $820/oz. I believe it's about
>$860 now, so this is a good price. Only have one available, however.
Gee, how generous of you.
Bruce Remick
"RWF" <R...@200901.invalid> wrote in message
news:glaq0p$ud4$1...@news.motzarella.org...
Actually it's a good price. Most of the ANACS MS62's seem to be priced at
$1200 to $1300. If I were looking for a SG type coin, or a gold
investment, I would take that offer. Those SG's haven't gone down much in
price since gold retreated from $1,000.
I backed myself into a corner by choosing ANACS holders for my 20th Century
gold type set-- cheaper then PCGS or NGC, but guaranteed authenticity. So
they went and changed their holder style before I could finish and now I'm
left searching for a nice MS61 to MS63 $2.50 Coronet, $5 Indian, and $10
Indian No Motto in the old ANACS slab, just to keep them all
uniform-looking.
Aladdin Sane
pics if your interrested.
--
*
/?\
/___\
-O=O-
^
AS & His Magic Hat
A conclusion is simply the place
where you decided to stop thinking.
"Bruce Remick" <rem...@cox.net> wrote in message
news:%sael.111931$4M4....@newsfe02.iad...
Ned
<e8cb764f180ff874...@pseudo.borked.net>
Ned <nob...@pseudo.borked.net> wrote:
>
>
> US Mint: http://atu.ca/7865
Current auctions: http://atu.ca/DoubleEagle
realit...@ausi.com
> "RWF" <R...@200901.invalid> wrote in message
>
> news:glaq0p$ud4$1...@news.motzarella.org...
>
> > "Ira" <ir...@aol.com> wrote in message
> >news:120cc3fd-e0e9-4f22...@e1g2000pra.googlegroups.com...
> >>I've got one I'd sell at $1190 delivered PCGS graded at MS-62. That's
> >>Graysheet wholesale bid when gold was at $820/oz. I believe it's about
> >>$860 now, so this is a good price. Only have one available, however.
>
> > Gee, how generous of you.
>
> Actually it's a good price. Most of the ANACS MS62's seem to be priced at
> $1200 to $1300. If I were looking for a SG type coin, or a gold
> investment, I would take that offer. Those SG's haven't gone down much in
> price since gold retreated from $1,000.
$300, or about 35% to 40% over spot for a very, very common coin that
almost always used to sell for around 10% over spot is a sucker's bet.
Bruce Remick
<realit...@ausi.com> wrote in message
news:0710085b-0567-4688...@p2g2000prf.googlegroups.com...
**************
I think you'd find most common US silver coins in MS62 also selling for more
than 35-40% over spot. MS62 SG's happen to carry a premium because they
seem to be more attractive alternatives to coin collectors than common gold
bullion. You want 10% over spot? Look for some XF-AU Libertys.
Jon Purkey
While I definitely prefer it over the new UHR coin, a St. Gaudens is a
coin that will have to remain on my wish list for some time, unless I
can get one for a good deal on eBay by waiting and watching enough
auctions.
I do have my 1 oz. silver st. gaudens replica and also a 99 cent exact
size replica. I've seen the later sell for as much as $25, but I
wasn't going to pay that kind of price just to get a $3 velvet case.
realit...@ausi.com
> <realitych...@ausi.com> wrote in message
My point is that up until last year MS-62 SGs used to carry about a
10% +/- premium over 1 oz of spot gold, even though it has slightly
less than an ounce of gold in it. If all of that history until 2008
tells you that an MS-62 SG is worth that, then why is one suddenly a
"good deal" at 40% over spot in 2009?
> You want 10% over spot? Look for some XF-AU Libertys.
A dealer friend of mine tells me that the same suckers are paying 20%
or more over spot for those incredibly common coins these days. They
used to sell for approximately spot gold.
Bruce Remick
<realit...@ausi.com> wrote in message
news:8d11f880-ec14-4f52...@v39g2000pro.googlegroups.com...
Because all other sellers have been asking more than Ira was in that
particular case. Thus, a good buy. The SG apparently is being valued more
as an actual coin that circulated
than the equivalent 1oz gold token put out by the Mint.
> You want 10% over spot? Look for some XF-AU Libertys.
> A dealer friend of mine tells me that the same suckers are paying 20%
> or more over spot for those incredibly common coins these days. They
> used to sell for approximately spot gold.
Used to. Lotta things fall into that category. BU 1964 halves used to sell
for 75ข. Is your dealer friend selling his "incredibly common" SG's at 10%
over spot? No? Maybe there's a reason. If he wants any, how much over
spot will he have to pay for MS62 SG's?
realit...@ausi.com
If you are willing to follow the short term mentality of the herd and
pay inflated multiples of what history dictates for a common coin
versus spot gold, then you are a sucker.
>
> > You want 10% over spot? Look for some XF-AU Libertys.
> > A dealer friend of mine tells me that the same suckers are paying 20%
> > or more over spot for those incredibly common coins these days. They
> > used to sell for approximately spot gold.
>
> Used to. Lotta things fall into that category. BU 1964 halves used to sell
> for 75¢. Is your dealer friend selling his "incredibly common" SG's at 10%
> over spot? No? Maybe there's a reason. If he wants any, how much over
> spot will he have to pay for MS62 SG's?
When it comes to common circulated $20 Libs, "used to" was as recent
as last year, and was the same every year before that for as long as I
can remember. Given that, I don't think your comparison to unc 64
halves is relevant.
Bruce Remick
<realit...@ausi.com> wrote in message
news:db7daee9-8321-44bb...@i20g2000prf.googlegroups.com...
Lots of suckers every day in the financial markets. But if people want to
own an MS62 SG today, they pay what today's asking price is, regardless of
what it used to cost relative to spot gold. If they want an MS63 or 64,
they pay lots more. Some people do. If all someone wants is a hunk of
gold, they can own a KR or bar for closer to spot. Apparently you have
inside knowledge of what those "common" MS62 SG's will be selling for five
years from now.
>
> > You want 10% over spot? Look for some XF-AU Libertys.
> > A dealer friend of mine tells me that the same suckers are paying 20%
> > or more over spot for those incredibly common coins these days. They
> > used to sell for approximately spot gold.
>
> Used to. Lotta things fall into that category. BU 1964 halves used to sell
> for 75ข. Is your dealer friend selling his "incredibly common" SG's at 10%
> over spot? No? Maybe there's a reason. If he wants any, how much over
> spot will he have to pay for MS62 SG's?
> When it comes to common circulated $20 Libs, "used to" was as recent
> as last year, and was the same every year before that for as long as I
> can remember. Given that, I don't think your comparison to unc 64
> halves is relevant.
The item's value you criticized was an MS62 SG, not a common circulated SG.
A pretty significant price difference between the two. One would appeal
mostly to an investor, the other to a collector.
realit...@ausi.com
As it goes with nearly everything that experiences irrational short
term price inflation, my crystal ball says "common" MS62 SG's will be
selling for around 10% +/- over the spot price of 1 oz of gold five
years from now.
>
>
> > > You want 10% over spot? Look for some XF-AU Libertys.
> > > A dealer friend of mine tells me that the same suckers are paying 20%
> > > or more over spot for those incredibly common coins these days. They
> > > used to sell for approximately spot gold.
>
> > Used to. Lotta things fall into that category. BU 1964 halves used to sell
> > for 75¢. Is your dealer friend selling his "incredibly common" SG's at 10%
> > over spot? No? Maybe there's a reason. If he wants any, how much over
> > spot will he have to pay for MS62 SG's?
> > When it comes to common circulated $20 Libs, "used to" was as recent
> > as last year, and was the same every year before that for as long as I
> > can remember. Given that, I don't think your comparison to unc 64
> > halves is relevant.
>
> The item's value you criticized was an MS62 SG, not a common circulated SG.
Yes that's true, but I was just responding to your comment about the
XF-AU $20 Libs.
> A pretty significant price difference between the two. One would appeal
> mostly to an investor, the other to a collector.
Agreed.
Ned
<668abfd41f940ed9...@pseudo.borked.net>
Ned <nob...@pseudo.borked.net> wrote:
>
> In article
> <e8cb764f180ff87430919fc250347...@pseudo.borked.net>
> Ned <nob...@pseudo.borked.net> wrote:
> >
> >
> > US Mint: http://atu.ca/7865
>
> Current auctions: http://atu.ca/DoubleEagle
Last 10 winning bids averaged $1,485