Suggested Investment Value of Two Gold Coins Sought?

[esquirecomics]

Can anyone tell me what the current "value" and potential investment value is for a:

 

(1) 1880 PCGS MS68 $1 Gold Piece Proof

 

(2) Saint-Gaudens Double Eagle, 1907 PCGS MS65 $20 Gold Piece High Relief Flat Rim

 

They are up at auction and I am considering bidding. Thanks!

 

Mark

[michael]

is the 1880 a proof or a biz strike? i am assum ing itis an ms

 

also would need to see both coins in hand to see if they are truly special

 

the hi relief is always an in demand blue chip coin but it has risen much in value the last few years

 

the 1880 is a later date more availaBLE gold coin in superb gem ms and also really small most investors do not like small coins

 

i think it is half dozen of one and 6 of the other

 

if sight seen in hand the 1880 is monster killer eye appeal and monster coloration totally original the best ms68 i have ever seen it makes me want t9o weep .................and i can get it for 10-11k including the juice

 

then go for the 1880 and i am assuming the 1880 is a ms coin and not a proof

 

michael

[Elcontador]

If you are looking to buy coins for any other reason than you like said coins in particular and numismatics in general, you will be disappointed. Coins in the near term, are almost always lousy investments.

[Oldtrader3]

I will give you my own perspective (for what it is worth) from 40 years of buying U.S. gold coins.

1. Both coins are limited target market appeal coins because of very high price.

2. That having been said, the HR Double Eagle in high MS grades is a highly sought after trophy by a selective group of collectors. They seem to sell well in carefully selected venues.

3. The proof gold dollar may be just as scarce, but will never have the breadth of collector or investor interest that a gem quality, HR St. Gaudens has.

P.S. Book value for both coins is meaningless. They will sell for what the dealer and customer values them at, plus the sale environment (i.e. private sale vs. auction).

[Newmismatist]

Can anyone tell me what the current "value" and potential investment value is for a:

 

(1) 1880 PCGS MS68 $1 Gold Piece Proof

 

(2) Saint-Gaudens Double Eagle, 1907 PCGS MS65 $20 Gold Piece High Relief Flat Rim

 

They are up at auction and I am considering bidding. Thanks!

 

Mark

 

Those are coins that MUST be seen in person and if you don't know the value and market on these coins, then you need to obtain a very reliable dealer who specializes in gold proofs and HR Saints to help and advise you in this area of collecting - This is not an segment of collecting that you want to go into an auction and start bidding unless you're quite knowledgeable. If not, be prepared for a very expensive lesson in learning about high value gold. Might not be a pleasant lesson.

[Oldtrader3]

Newmismatist just gave you very sound advice. If you are not a specialist in this area, be very careful.

[truthteller]

The High Relief $20 is a solid investment. The auction history at Heritage will have previous auction sales. The 1880 $1 Gold is not a good investment since it is purely a low population graded coin with very limited resaleability.

 

 

 

TRUTH