GoldFinger1969

Yeah, that's the ball park. Closer to mid-$7's based on HA. Rumour is that JA @ CAC is tough on gold and very much so on the 1908 WF NM's. More so than non-WF 1908 NM's. So if you have a CAC at the price inflection point it's going to jump the big gap between the 67's and 68's. So I'm not surprised that the 67 CAC sold for $16,000. For a while, no 1908 WF NM's had CACs (other 1908 NM's did), but as Mark Feld corrected me, today lots of the Wells Fargo Hoard has gotten CAC'ed though not a high percentage of the entire hoard.

I would have to believe they wouldn't object to you marketing them 3 years after publication, but that's just me. Don't think of it as a profit-and-loss thing. Think of it as like visiting the Grand Canyon....something you should experience at least once !! Sure wish you and FUN could arrange a talk on Double Eagles, Hoards, or even humourous stories and developments with some of the more popular citations involving Saints/Double Eagles.

Congrats !! Enjoy your coin and a nice story to have followed !

I wonder how much of the interest in Ikes -- and other coins -- is because they were under-collected in the past and are "cheap" compared to other coins ? I'm seeing "cheap rotation" in real estate, with higher-end homes getting no interest but lower-priced condos and homes for $150,000 - $300,000 getting interest as the cost of money has skyrocketed in a year.

I picked up a 2015 AGE proof at FUN 2020. Beautiful coin, nice NGC holder.

Bruce, it's been 3 years....how goes the collection ? What coins are you pursuing ?

Since they were modern proofs, did you pay big premiums for them or just a few hundred bucks over spot (I presume they are 1 ounce) ?

It happens. Don't let it get you upset. Has happened to all of us with either gold or silver coins. The only way -- er, best way -- is to buy older gold coins that haven't turned and are thus less likely to turn in the future. I'm kind of surprised your coins turned, since some of them appear to have been pristine when you bought them 10-15 years earlier or more.

Isn't a minute fraction of a gram of gold being removed when spots are corrected, Dave ?

Interesting that MS-67 Wells Fargo Saints went up about 50% in price from mid-2020 to earlier this year, from about $11,000 to $17,000. In that grade it's still pretty common, you'd think that boost would come at the 68 level but maybe it was dragged upwards. Do NOT see that price jump at the MS-66 level for OGH or CAC coins, generally about $5,000 and $7,000, respectively. Thinking about getting an OGH MS-66 if I can swing it. If I goto FUN 2023 that'll be my main goal and would probably turn in some regular bullion coins to get the Wells Fargo Saint.

Thinking of coming ? You should bring some of your books and either join a table or just sell them outside and sign 'em. Probably find some hidden demand especially from those who may not be aware of them or would be more likely to buy direct from the author. Plus, everybody has $$$. My astronomy club had a famous national (but local) astronomer/physicist who we wanted to speak for years....could never get him to come even though he was based in NYC most of the year....then about 15 yeas ago he just kinda invites himself to the event....we couldn't figure out why he was so gung-ho to talk...we didn't have the main lecture rooom available, it was booked....no problem he said....he'll talk in the gymnasium area....we wanted to delay him a year and give him prime billing but we didn't want to upset him...turns out he had a book out that year....brought about 200 of them and made a few thousand bucks that day. At least he came to the dinner that night !

NO, I meant $1,000 change from what to what. Not familiar with pricing for this coin at all.

FUN JANUARY 5TH - 8TH, 2023: The 68th Florida United Numismatists Convention is less than 3 months away ! I know a few people are going....last time these FUN threads were really active was right before FUN 2020, the first and last FUN show I attended, just before Covid hit. I'm hoping to attend but not 100% sure myself. I thought I'd bump this sucker so we can gauge who is attending and coordinate our stays so we are in the same area/hotels to make it easy to meet away from the show itself. I believe the Rosen Centre is right across from where the show is being held (not sure of any other close hotels, I'm gonna research it). Hopefully, whoever attends amongst us can meet up. I know if I can get there that'll be my main reason for going as unlike FUN 2020 I won't be bringing a nice stash of cash.

What's the change from ?

It looks like a copy....of a copy....of a copy.

Maybe the pics are just lousy, but it doesn't even look like gold...looks like brass.

Look on the sides of the coin and report back.

Agreed 100%..... The pictures aren't that great, but it looks like a plaster cast not a struck coin. And an AU circulated 1927-S is worth anywhere from $5,000 to $15,000.

FWIW, another MCMVII HR MS-64 is not getting any bids at the $30,000 asking price.

Because they tend to learn about the HOBBY during the boom and good times or when people are making lots of $$$. NOBODY sees news articles or TV spots when the hobby is dead and nobody is making any $$$. Very sad....people blow $$$ on stuff they don't understand. As a money manager and investment analyst, I see it all the time (thankfully, less nowadays than decades ago).

It seems you buy after doing lots of due dilligence with the GOAL of making $$$. I think most here buy coins based on what they LIKE and LOVE and NOT $$$. And as I said, Zad, quite frankly you're a very experienced and knowledgeable collector/buyer....most people aren't that savvy. Also, if you are like me, I want to only buy certain coins that I like (i.e., Saints). So even if you tell me I can buy a couple of EAC's or 1940's coinage that is almost CERTAIN to triple in 5-7 years, I'm really not interested in making $$$. I'd rather put that couple of thousand bucks into Saints I enjoy looking at. JMHO.

Beautiful MCMVII High Relief: MS-66....Flat Edge....and CAC. 2 weeks to go...wonder if it can get to $75,000 from current $55K. https://www.greatcollections.com/Coin/1244481/1907-Saint-Gaudens-Gold-Double-Eagle-MCMVII-High-Relief-Flat-Edge-PCGS-MS-66-CAC

Well, the MCMVII has now pulled ahead by $20,500 to $17,055. Obviously, being a Saint fan, I would bid on the MCMVII if I had the $$$. But if I was given the money to buy EITHER and assuming they finished at the same price a bit higher like when locked at the $17K level....and I was indifferent between the two except as to future value.....I would think the Saint would have less downside risk. The High Relief probably has more deep-pocket buyers and has been tested over a longer period of time. At a minimum, it's got the value of 1 ounce of gold which admittedly is probably only about 10% or so of the value of the coin. But the numismatic premium on the Franklin is huge, with the face and metal value less than 0.1% of the market cost of the coin. My understanding was that Franklin Half Dollars had really taken it on the chin from about 2013-2020, along with most U.S.-centered coins, as sellers from decades ago simply swamped the lack of new collectors . Not familiar with the series, just a couple of threads here and at CU, so I'll let an expert chime in.

That is the rarity and exception....very few are as smart and savvy as you, Zad ....by any stretch, a hobby does not usually provide competitive investment options. Maybe a niche sector -- like toned Franklin Halfs -- because of the recent spike will find the annualized return competitive. And our older posters here who were active in the 1950's and 1960's certainly have many coins that went up 50 and 100-fold (or more !) that helped out their financial returns. But for most people starting out in the 1970's or later -- ESPECIALLY after the 1973-80 metals bubble and the 1988-90 coin bubble -- it's miraculous if someone was even in the ballpark with stocks, bonds, or other financial assets. If the trophy coins I cited above can't hit 10% a year, what can ? I guess if someone is prescient and can tell the future they can realize that buying some penny or nickel or commemorative for a few bucks will be worth $300 in 10 or 20 years, I guess. But most people can't predict the future. Ancients & Foreign coins are hot right now....do we KNOW with certaintly they'll be hot in 2 or 5 years ? Are U.S. coins turning the corner or is it just a blip ? Even the experts can't say for sure.

Yes, toning is unique...no 2 alike....you can find pretty clean MS-67's or MS-68's or Proofs that are clean. Tough to replicate "monster toning."