GoldFinger1969

The other coins, with the Indian Head (male).....$5 and $2.50.....ASG designed those too, right ? Or just the $20 and $10 before he died ?

This collapse in crypto won't help with any who are not part of the die-hards. Lots of other people will go back to PM's or traditional financial investments.

This makes sense, it's an illiquidity premium that numismatics should have. The bid-ask spread (as we call it) should compensate for this risk. Yeah, but what if we are talking YEARS ? What did dealers who bought in 1980 or 1989 or 2011 do ? I guess many eventually folded and sold, right CB ? Makes sense, thanks CB !!

Anything of interest in them as far as you know ?

Even if undergraded, original GSA holders are going to be like PCGS and NGC holders from their first few years of operation...worth more in the original holder with a lower grade than being cracked-out and given a higher one.

Continental-Illinois got into trouble in 1984 (right after I got out of college). So I guess the coins hit in 1983 or 1984 or 1985. That would have been only a few years before PCGS and NGC started up. But I am sure they didn't do special labels for various collections for a few more years after start-up.

Can you post the pics ? I've never see the label.

Viet, did you get any of the Redfield Morgans ? Have you also looked at original GSA coins ? And thank-you for your service to our country !!

Funny story involving 1929 Saints and England....a couple of guys joked that 40 of the coins had been found in England (this was the early-1980's I believe) and it reached Walter Breen who took it and ran with it apparently. Steven Fenton (of 1933 Saint fame) and a few others were the jokesters and for a while folks assumed it was real. Not sure if it depressed 1929 prices for a while.

Some of that information might be sensitive and so I could see someone wanting to get the label but not give out too much information that might lead back to him/her....the specific casino...or other individuals that got tipped off that they missed out on a windfall.

I think the crack-out game is understandable if you have a coin YOU LIKE..and you think it's undergraded and re-submit....but that's different than deliberately going after coins you intend to sell solely because you think they are undergraded. For veterans and experts like yourself, maybe a niche sector can be exploited, Zad. Clearly, alot of coins -- including Saints and Indian Heads -- were undergraded when they were raw and without a TPG holder in the 1970's,1980's, 1990's and early 2000's. Especially high-end coins found at auctions. David Akers used to find coins 2-3 grades too low that were given by dealers or the estates.

I guess I've never understood this because I've never run a business...but much like a bookie not caring who wins or loses....aren't dealers in numismatics (like bullion dealers) supposed to buy and sell at prevailing MARKET rates ? If they buy high and sell for a loss it should be offset by the times they bought cheap and sold for a windfall, no ? No way a bullion dealer could buy gold at $2,050 at the highs in recent years and then try and sell it for that price (plus a markup) when gold fell back to $1,800-$1,900.

I've NEVER found them accurate. The charts with trendlines going back a few years -- useful for longer-term (3-5 years) price movements. But for accurate pricing of a few weeks to a few momths ago....up to 1 year....best to see actual completed (auction) sales.

Unless the gap is very wide...persistent...and nobody else sees it....I think dealing with illiquid items like coins it's tough to arbitrage the difference. It's not like trying to sell a stock and seeing it sell for 10% higher on another exchange and you can hit the SELL button for either exchange in seconds.

The one thing I can think of is that this is another pandemic-related buying surge in what is affordable luxury. The folks bidding on these Morgans or Large Denomination Currency bills can't move up to something like gold coins. They are too expensive ($2,000 and up). Hence the big % increases for stuff under $1,000. I'm sure that has something to do with it....HOW much I don't know. But other Morgans have seen big % increases.

I thought some 1964-D's were struck but subsequently destroyed. And isn't there a rumour that one was displayed at one time in the LBJ Library ?

It's amazing how often Argentina is mentioned in RWB's Saint DE book compared to other South and Central American countries. Back in the early-1900's, the U.S. and Argentina each had about the same per-capita GDP. Today, the U.S. has about 7x the GDP per-capita. Somehow, Argentina after 1900 was an economic stronghold. But decades later Peronist and Socialist policies retarded their growth and prosperity. 110 years ago, however, Argentina was a frequent destination for U.S. exports and imports and thus gold. Roger includes a quote from an Argentinian official who claims at one point they had tens of millions of U.S. Double Eagles in their vaults.

Rooster !! 20 French Francs, right...what gold size is that ?

But they do have that Deep Cameo look of super-reflectivity.

I'd probably like to get -- if I could afford it -- the "Flat Rim" version only because it's rarer.

Lookout Mountain....home of Roscoe Tanner, a hard-serving tennis player of the 1970's. Never forgot that cool name. e.

I do agree with you....but those 5 Newcomer/Barber coins are still out there. And the NGC holders still say "PF" on them. FWIW.....

There were so many sharedholder-destructive, value-destroying CAPX projects and M&A pursued by the publicly-traded gold mining companies from 2000-2018 that supply should be restrained from the mining groups. We'll have to see about central banks, though I think they might be net buyers now that crypto has imploded.

I'm not bullish on metals per se, though many people I respect think that the underinvestment of 2010-20 in commodities, metals, and oil will allow for a secular bull market in the 2020's. I do think gold is undervalued -- whatever that means -- to the still artificially high shenanigans in BitCoin and crypto. While most risk-assets did well the last few days, gold did, too.

That rich-black color...how do modern gold (proof) coins get that color ? Is it just mirror-like polishing ?