GoldFinger1969

Newly found OR not worth much $$$. Most valuable coins above their metallic content have been graded and certified by now. Not all....most.

So there are no mentions of Saints in this book ?

Not at the bigger shows. Saw plenty of unique coins, including MCMVII HRs, at FUN 2020.

Remember, it's not mintage that determines future likely returns or numismatic value....it's SURVIVORSHIP. There are coins that fill the $$$ spectrum, just have to look and be patient. A 1908 NM in MS-65 with a CAC or OGH will be in the high-2's. And before infinity, same coin in MS-66 will be low-to-mid $3's.

In late January I saw a mid-AU for under $2,000 (including bp) at HA. If gold trades in the low-1900's you should see these prices come down a bit. Unless you have a definite desire for a MS coin, you could still get a very nice-looking one in AU-58 or AU-55 and save some $$$.

It's dated, but if you want a primer on Indian Head Gold Eagles ($10), the Akers/Ambio 20th Century United States Gold Coins, 1907-1933 is a great resource.

I was assuming he was buying a bullion substitute or the 2 coins above which I believe will move dollar-for-dollar with the gold price or pretty much close to it.

I had saved up for years and it turned out to be a good time to buy -- prices low, Covid hitting a few weeks later -- but I probably spent $1,000 on transportation and room/eats at FUN 2020. And spent multiples of that on coins !!

"....properly of the United States" ?

By numismatic, I include anything with a premium of over 10%. So an MS-65 1924 qualifies. Any coins or grades intrigue you ?

I would think auction prices might lag on the downside, much like gasoline prices. Report back on what you find with the GC auctions, I'll check too and also scan HA.

Yup...though many MIGHT become collectors. We saw this 15 months ago with Large Denomination Bills ($500, $1,000) in lower or raw grades moving up sharply. Folks were chasing the affordable stuff, not the PMG 63's and 65's. Price spikes followed.

Gold peeled off $150 in like 7 trading days so buying here is pretty good, IMO. If the prices on the coins you saw were even a few days stale, they could be too high even adjusting for the 3% ounce differential.

1928 Elyria, OH Hoard of 1928 Saints: Roger, with 25 of the 1928's found in an original Double Eagle bag, have you ever heard anybody muse about the possibility that they could have been the remaining 10% of the loot/split of the stolen bag of 250 1928 Saint DEs ? "....Breen may have confused the 1931-D group with a hoard of 1928 double eagles (25 pieces in an original bank bag) that surfaced in 1985 in Elyria, Ohio."

I'll check back a few months to see if the premium to the then-spot price of gold was lower....obviousley, lots of Keyboard Kollectors the last month or so as gold rose $200 during the Ukrainian situation. I see 125-175 bids on common Saints....in the past, I can't recall ever seeing more than 30-50. Maybe I can recall or remember 1 coin that had triple-digit number of bidders, if that. Now I see 2 or 3 or 4 at the same time.

You know, Dave, now that I think about it.....if you're a friend of baseball superstar Mike Trout's and he has a few big-ticket gold coins...and you're a dealer who has a coin collector of hundreds of hard-to-sell stuff....no law against marketing it all as Mike Trout's (or Tom Cruise or anybody else famous) stuff. At least not that I know of. Of course, you better make sure the famous person has tight lips.

Really ? My understanding was that he was a big believer in gold coins but I never saw anything that said he was a hard-core coin collector. So I was surprised by the hundreds of small denomination, non-gold coins in the auction. I know he liked gold coins and loved the MCMVII High Reliefs....you think maybe Kossoff and Kreisberg just sold someone else's hard-to-sell small denomination inventory alongside the few hundred (or fewer) Menjou gold coins ?

If you are buying a bullion coin but one that is certified, then paying up for the PCGS label is not worth it. If you want to pay up for a NUMISMATIC gold coin, that's different. At least as I see it. YMMV.

It's an 18% premium, maybe 20% where gold is trading. I'm wondering if both or one of the coins could be gotten for a bit cheaper price. I remember I bought a 1915-S for spot....which basically is a 4% premium when you adjust for the 0.9675 adjustment factor. Might pay to look at GC or HA and see if 64 1908 NM's and 63 1904 Liberty's maybe can be had for a total cost of $2,100 or so. With the BP, maybe not -- but who knows at a local coin show or LCS.

First, don't forget that you can read about the 1908 No Motto Hoard story over in the RWB Saints Thread, JP. Second, although I don't like this particular NGC holder (solid white interior), and even though I am more partial to Saints, I would probably go with the 1904 Liberty DE and wait on a No Motto.....and then, when you do want to add a 1908 NM... spend a few more $$$ and get an MS-65 CAC or even an MS-66 (or higher) No Motto. The surplus of 1908 NM's means that you get a lot more "bang for your buck" -- premium wise, that is -- whatever dollar amount you are willing to spend. Just as both coins above are $2,300 but you can get an MS-64 for the No Motto vs. MS-63 for the Liberty.

Contemptible is people selling fakes or committing fraud. Having a strong opinion -- even a WRONG opinion -- shouldn't bring that level of vitriol. JMHO.

He just has a very strong opinion on that. I understand where you guys are coming from but if Roger wants to be absolutist there, he'll have to live with the consequences.

Yes, and I hope many of you newbies gravitate over to the U.S. COINS section as the volume of new posts has really dried up there in recent days/weeks.

David Akers Double Eagles Auction Book: Does anybody have this book ? I'm thinking of getting it. Is it just tables of results or is there lots of commentary on the auctions, Double Eagles, etc ?

Here's a clear example of wrong information that can lead to wrong opinions/conclusions being given...akin to a wrong number for mintage or population numbers from the TPGs: "....In The Coinage of Augustus Saint-Gaudens as Illustrated by the Phillip H. Morse Collection, the authors note, 'It seems highly unlikely that any sizeable quantity of an expensive coin such as the 1929 Saint could exist without being certified. Around 40 pieces were discovered in England in 1984, but we are not aware of any other sizeable holdings of this issue that have been uncovered recently'." I don't have the book itself, but apparently the 1929 English Hoard Hoax got passed off as FACTUAL in this Heritage commentary and of more note, in the book itself. The factually incorrect information does NOT detract from the rest of the analysis of the 1929 Saints -- it pretty much stands alone -- but anybody repeating that there was a hoard of 1929 Saints found in England in 1984 is saying something that we know now is 100% false. This is why you have to be very careful with oral history.