Best Of

Happy weekend!

Ill chime in, Im in NC and will explain :

I have two places that I sell too when I cant sell otc. First is Pinehurst coins, and the second Heritage affiliate Both of these places are top knotch, and well respected, and treat me as well as any public individual I send to them fair IMO. Locally in shop anything 5 oz and over like bars, rounds, including ATB;s do not sell at all at this price point in shop. (ZERO) as silver approached 50. Only thing that sells for me currently is ASE, and some cases when I dont have any some will take 1 oz rounds if retail friendly, but many will not. As far first spouse gold, cant give em away, and that was when gold was 3k, much worse now, most places are way back on those , so in order to make even a percent & half or so, Im back farther. Lots of times instead of offering a lower price on stuff like that, I ll just pass or try to send them elsewhere. Not worth spending 20k to make 120 bucks IMO . If your end buyer is a refinery such as elemetal here in NC, it all melts same so wouldnt matter in that case what it looks like or how nice it is, they pay there percentage in relation to spot based on your account type and business you do with them.

I just got yelled at today on the phone becuase a guy called wanting to sell several 10 oz bars, I told him we be spot minus 3 bucks, and really didnt want them because they dont sell. He screamed and yelled at me. I finally just told him to check elsewhere, the two place we ship too, are not that far behind me (my price),(id make a buck or 1.25) and the other gold shop in area is spot minus 10.

It matters because in some cases, certain coins can be wholesaled out for more or less. For example, BU Gold Eagles have a slight premium over spot at the current moment with some of the big wholesalers, whereas classic gold does not.

Silver Eagles have a premium over other products when it comes to buying and selling. The ATB 5-oz coins also have a premium. Other items from various mints do not have premiums.

@IkesT said:

Why are you still here then?

I found a cardboard box packed full of coin albums and folders that I vacuum packed not long after I moved to California not long after I moved here from Charlotte which was 18 years ago that I had totally forgot about. I remember being concerned with the humidity because I’m renting a house 6 blocks from the Pacific Ocean and we didn’t have air conditioning until 2021 or so and even now we only use the air conditioning when we get rare heat waves. The average humidity in my house is 75% and I didn’t want the salty humid air to make them get terminal toning or spotting. I remember buying a seal a meal and sealing up a bunch of coin albums, folders, mint sets, proof sets, but I thought I had opened up all of them years ago. I remember opening up a bunch of proof sets, mint sets and mint products all vacuum sealed in their original mint packaging. I specifically remember taking all the mint products out of the original mint packaging and putting the coins still in their capsules into mason jars with desiccant cartridges in them and putting the empty mint packaging into a drum to be stored separately, but I must of forgot about not opening all these albums. I’m guessing these were sealed up at least 15 years ago. The box was heavy, so lots of the albums and folders must be full or partly full at least. Do you think I should open them and take a peak?

Picked up some nice gold coins and a Morgan today. Old American gold is always cool to have.

First off...do not be tempted to clean these coins in any way or in any manner. Secondly, congratulations on having such a vast amount of gold handed down to you. It is truly impressive.

It looks like you might have one Liberty double eagle, four Liberty eagles, five Indian eagles, six Liberty half eagles and two Indian half eagles. If so, then you have roughly 7-7.5 ounces of gold that has a bullion value of $28k+ at the moment. To better know the possible values we would need to see the reverse of each coin to see the mintmark and the mintmark on the Indian half eagles might be a little more difficult to find (it's on the bottom left) because these sometimes had issues with staying legible.

From what I can tell the coins appear lightly circulated and most likely generic dates. If both of these assumptions are correct then there is really no need to have them certified, especially if your goal is to sell them locally to a reputable dealer or to a reputable, national dealer. If you just want to keep them then I would suggest you keep them raw.

Again, congratulations on having such a hoard.

Hot dog!