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#1
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Best investment value?
Hi, so far this year I've bought the following gold coins for intrinsic
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 |
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#2
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Best investment value?
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. Mike M. Michael E. Marotta "History you can hold in your hand." |
#3
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Best investment value?
"Mike Marotta" wrote in message ... 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 |
#4
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Best investment value?
On Nov 8, 6:37*pm, "Sam" wrote:
"Mike Marotta" wrote in message ... 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 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 |
#5
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Best investment value?
On Nov 1, 8:43*pm, Mike Marotta wrote:
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 |
#6
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Best investment value?
On Nov 11, 11:57*am, Reid Goldsborough
wrote: On Nov 1, 8:43*pm, Mike Marotta wrote: 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 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 |
#7
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Best investment value?
oly wrote:
On Nov 11, 11:57 am, Reid Goldsborough wrote: On Nov 1, 8:43 pm, Mike Marotta wrote: 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 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. 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 |
#8
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Best investment value?
On Nov 11, 1:18*pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote:
oly wrote: On Nov 11, 11:57 am, Reid Goldsborough wrote: On Nov 1, 8:43 pm, Mike Marotta wrote: 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 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. 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- Hide quoted text - - Show quoted text - I am happy to enough to rabble rouse, but gee, I don't want to get you p-o'ed. oly |
#9
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Best investment value?
oly wrote:
On Nov 11, 1:18 pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote: oly wrote: On Nov 11, 11:57 am, Reid Goldsborough wrote: On Nov 1, 8:43 pm, Mike Marotta wrote: 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 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. 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- Hide quoted text - - Show quoted text - I am happy to enough to rabble rouse, but gee, I don't want to get you p-o'ed. When have I ever been p-o'ed on here? I react to the views of others and state my own, voilą tout. James the Outspoken |
#10
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Best investment value?
On Oct 29, 7:56*pm, "Sam" wrote:
Hi, so far this year I've bought the following gold coins for intrinsic 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 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 |
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