Best investment value?
Sam
value and investment value:
1928 st. gaudens ms 63 $20.00 $1,081.00
2009 gold American eagle ms70 $1,141.00
2009 ultra high relief $20.00 gold coin $1,149.00 (i bought this
one the day they were sold by the mint and i'm pretty sure the price was
1,149.00
2009 American buffalo gold coin ms 70 early release $1,320.00
2009 American buffalo gold coin mint proof $1,364.95
All prices include s/h
I like all of these coins I'm wondering should I just buy mint proof coins?
Is the American Buffalo ms70 early release ever going to be worth more then
the mint proof
American Buffalo gold coin?
Thanks,
Sam
Mike Marotta
is nonetheless a real Saint Gaudens $20 gold coin. The others are
modern US Mint knock-offs. What gives a coin value is its
historicity.
Mike M.
Michael E. Marotta
"History you can hold in your hand."
Sam
"Mike Marotta" <mer...@torchlake.com> wrote in message
news:d936bc8d-10d5-46ce...@n35g2000yqm.googlegroups.com...
> Go with the Saint. With 8,8 million struck, it is hardly rare but it
> is nonetheless a real Saint Gaudens $20 gold coin. The others are
> modern US Mint knock-offs. What gives a coin value is its
> historicity.
OK
oly
> "Mike Marotta" <merc...@torchlake.com> wrote in message
My question would be about your 1928 "MS 63" Saint Gaudens - those
coins usually come nice, but the price seems very cheap for a 2009
purchase. Is the thing slabbed and if so, by whom??? Or is it
"raw"???
I am no big fan of the grading services, but this is a coin that I
would probably only buy if I thought it was nice enough and if it was
in a respectable slab. When gold was much less expensive, I might
have bought (and did buy) raw $20 double eagles. I for one couldn't
easily afford to buy a fake or a problem at the present price level.
oly
Reid Goldsborough
> Go with the Saint. With 8,8 million struck, it is hardly rare but it
> is nonetheless a real Saint Gaudens $20 gold coin. The others are
> modern US Mint knock-offs. What gives a coin value is its
> historicity.
What gives a coin value is supply and demand. This may be based on its
historicity but doesn't have to be. There are many numismatic items
that have no historicity yet sell for four figures and some that are
awash in it that that are valued by the marketplace for under a
dollar.
I agree that a Saint is more desirable than a American Eagle gold
bullion piece. But that's a subjective, personal opinion having no
bearing on the relative values of these pieces, same as you comment
that the American Eagle pieces are "US Mint knock-offs." Value is
based on supply and demand, not historicity, and not your or my
opinions.
I haven't priced Saints lately, but for a long time and perhaps today
as well their value in the numismatic market was only slightly higher
than their bullion value, despite their historicity, despite their
beauty as well. The supply of these coins was plentiful enough and
their demand was low enough that the marketplace valued them this way.
The above reflect what these coins actually sell for in the
marketplace (mail order, coin shows, coin shops), not manufactured
values that appear in some price guides that appear to be designed to
help dealer/advertisers get better prices for their coins.
The only thing that can be said about future investment value is that
it's a huge uncertainty and that if you're looking for your nest egg
to appreciate over the long term the stock market is a better bet. The
one area in numismatics that has appreciated consistently is the very
high end.
--
Consumer: http://rg.ancients.info/guide
Connoisseur: http://rg.ancients.info/glom
Counterfeit: http://rg.ancients.info/bogos
oly
wrote:
Are you a registered investment advisor now, Reid???
One could argue that gold is the "yardstick" and that yardsticks don't
change. That it is the value of the paper money that is always
changing (at least until the paper reaches its ultimate intrinsic
value) and the numismatic premium value of the double eagles which is
always fluctuating.
One ounce of gold is always one ounce of gold.
Don't get me started on the U.S. stock market or U.S. high-end
"condition" coin rarities. Those things are wholly ruled by the human
extremes of greed and fear.
And at least U.S. numismatic "condition" rarities are tangibles which
cannot be created out of the clear blue ether, which "they" do every
day with intangible shares of common stock.
oly
Mr. Jaggers
Well, if Reid won't get you started, please allow me. I'm ready to revisit
those topics! We need some action around here.
James the Rabble Rouser
oly
>
> - Show quoted text -
I am happy to enough to rabble rouse, but gee, I don't want to get you
p-o'ed.
oly
Mr. Jaggers
When have I ever been p-o'ed on here? I react to the views of others and
state my own, voil� tout.
James the Outspoken
oly
>
> James the Outspoken- Hide quoted text -
>
> - Show quoted text -
D'accord.
-------------------------- (rabble rouse)
----------------------------------
Off-Topic rabble: Wouldn't you be more comfortable if Reid had
suggested buying stocks back in March, instead of now???
Things have already gone back up, alot, from the bottom. Historians
would note that the same thing was true in 1930.
It seems to me that most of the "juice" in the current market is just
Federal money, not money from private investors.
How you gonna get "conditions" back to those which existed in
2001-2006 without shoveling out tons of $$$$$???
Have the powers-that-be already baked very very strong inflation into
our economic cake???
On-Topic rable: If you buy a pretty MS $20 Saint Gaudens at double
melt, and the surfaces have been worked on, you still have an ounce of
gold. Isn't that better than getting a top-end Indian cent and
finding out it has altered surfaces??? Is the best offense a good
defense??? Is bullion anything better than U.S. high-end "condition"
numismatics??? Do bears defecate in the forestlands???
Inquiring minds want to know (or NO)!!!
oly
Mr. Jaggers
>>
>> James the Outspoken- Hide quoted text -
>>
>> - Show quoted text -
>
> D'accord.
>
> -------------------------- (rabble rouse)
> ----------------------------------
>
> Off-Topic rabble: Wouldn't you be more comfortable if Reid had
> suggested buying stocks back in March, instead of now???
>
> Things have already gone back up, alot, from the bottom. Historians
> would note that the same thing was true in 1930.
>
> It seems to me that most of the "juice" in the current market is just
> Federal money, not money from private investors.
>
> How you gonna get "conditions" back to those which existed in
> 2001-2006 without shoveling out tons of $$$$$???
>
> Have the powers-that-be already baked very very strong inflation into
> our economic cake???
>
>
> On-Topic rable: If you buy a pretty MS $20 Saint Gaudens at double
> melt, and the surfaces have been worked on, you still have an ounce of
> gold. Isn't that better than getting a top-end Indian cent and
> finding out it has altered surfaces??? Is the best offense a good
> defense??? Is bullion anything better than U.S. high-end "condition"
> numismatics??? Do bears defecate in the forestlands???
>
> Inquiring minds want to know (or NO)!!!
No. I don't know. Yes. Yes. Yes. Yes. Yes.
James the Brief
oly
>
> >> James the Outspoken- Hide quoted text -
>
> >> - Show quoted text -
>
> > D'accord.
>
> > -------------------------- (rabble rouse)
> > ----------------------------------
>
> > Off-Topic rabble: Wouldn't you be more comfortable if Reid had
> > suggested buying stocks back in March, instead of now???
>
> > Things have already gone back up, alot, from the bottom. Historians
> > would note that the same thing was true in 1930.
>
> > It seems to me that most of the "juice" in the current market is just
> > Federal money, not money from private investors.
>
> > How you gonna get "conditions" back to those which existed in
> > 2001-2006 without shoveling out tons of $$$$$???
>
> > Have the powers-that-be already baked very very strong inflation into
> > our economic cake???
>
> > On-Topic rable: If you buy a pretty MS $20 Saint Gaudens at double
> > melt, and the surfaces have been worked on, you still have an ounce of
> > gold. Isn't that better than getting a top-end Indian cent and
> > finding out it has altered surfaces??? Is the best offense a good
> > defense??? Is bullion anything better than U.S. high-end "condition"
> > numismatics??? Do bears defecate in the forestlands???
>
> > Inquiring minds want to know (or NO)!!!
>
> No. I don't know. Yes. Yes. Yes. Yes. Yes.
>
>
> - Show quoted text -
That fourth "yes" was surprising.
oly
Mr. Jaggers
Eh? When have I ever extolled the virtues of high-end "condition"
numismatics (I assume that's the question you're referring to) on rcc? In
my view, there will be a lot less "discussion" when one day I attempt to
liquidate a F12 coin than an MS67 super-whomp-de-dyne deep cameo CAC
proof-like first-day-of-issue never-been-touched-by-human-hands Jaggers
Collection (so noted on the label) coin.
James the Low-Down Collector
Bruce Remick
"oly" <oly...@aol.com> wrote in message
news:21bdae1e-9535-483f...@g23g2000yqh.googlegroups.com...
>
> James the Outspoken- Hide quoted text -
>
> - Show quoted text -
D'accord.
-------------------------- (rabble rouse)
----------------------------------
Off-Topic rabble: Wouldn't you be more comfortable if Reid had
suggested buying stocks back in March, instead of now???
Things have already gone back up, alot, from the bottom. Historians
would note that the same thing was true in 1930.
It seems to me that most of the "juice" in the current market is just
Federal money, not money from private investors.
How you gonna get "conditions" back to those which existed in
2001-2006 without shoveling out tons of $$$$$???
Have the powers-that-be already baked very very strong inflation into
our economic cake???
On-Topic rable: If you buy a pretty MS $20 Saint Gaudens at double
melt, and the surfaces have been worked on, you still have an ounce of
gold. Isn't that better than getting a top-end Indian cent and
finding out it has altered surfaces??? Is the best offense a good
defense??? Is bullion anything better than U.S. high-end "condition"
numismatics??? Do bears defecate in the forestlands???
_______________
Only if someone is there to hear it.
Bruce Remick
"Mr. Jaggers" <lugburzman[at]yahoo[dot]com> wrote in message
news:hdfi7...@enews5.newsguy.com...
Along those lines, I wonder if anyone ever wondered who might have once
owned the shares of stock they just bought. I believe that 90 of the 100
shares I just bought were formerly owned by Elvis, and I expect to get a
premium for them when I sell. ;>)
oly
>
> - Show quoted text -
I don't think we're counting the same (or maybe we are). No, I don't
recall you extolling high-end numismatics. Nor do I ever recall you
expressing any great preference for bullion. When I think of you, I
think of large cents or 1806 dimes - things in the "coins as historic
artifacts" category.
oly
Mr. Jaggers
When I expressed my preference for bullion earlier this evening, the only
other choice you gave me was high-end "condition" numismatics.
James the Chooser
oly
I'm still kinda hoping for a better description (i.e., was it raw or
slabbed, and if slabbed, by whom?) of the 1928 Saint in MS63 purchased
during 2009 at only $1,081.
That sounds like a bargain almost too good to be true.
oly