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I am looking to collect something else, thinking about gold, lots to choose from, any tips/advice?

RealoneRealone Posts: 18,519 ✭✭✭✭✭

Liking $5 & $10's & possibly $20's.

Comments

  • MrEurekaMrEureka Posts: 24,401 ✭✭✭✭✭

    Not exactly what you’re leaning towards, but I suspect you might enjoy Classic QE’s and $5’s by die variety.

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭

    Chill out and enjoy the down time until something comes along in what you specializes in now to get your blood pumping again.

    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭
    edited September 9, 2019 11:30PM

    Nothing feels like real gold. Many 19th century $5's can be obtained at reasonable premiums to melt.

  • PerryHallPerryHall Posts: 46,765 ✭✭✭✭✭

    Why not try an 8 or 12 piece type set to get your feet wet?

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • TiborTibor Posts: 3,671 ✭✭✭✭✭

    High grade gold type set. Nice mid grade, you choose the limits, on a
    pre 1840 type set.

  • BillJonesBillJones Posts: 34,722 ✭✭✭✭✭

    @MrEureka said:
    Not exactly what you’re leaning towards, but I suspect you might enjoy Classic QE’s and $5’s by die variety.

    I completed both sets couple of years ago and had fun with it. I displayed them at FUN in January.

    Be forewarned that it is not a cheap undertaking. I had to overpay for the 1834 Crosslet 4 $5 to get one that matched up with my AU - low end Unc. set. You also have the beginnings of the Charlotte and Dahlonega Mints to get. The 1838-C $5 is not that rare, but finding an attractive one is s challenge.

    Still it is a short, doable set, and the history aspects of it are great.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Gold is nice... coming from a confirmed gold bug.... ;) However, you could always drift a bit aimlessly for a while...visit a few big coin shows, maybe pick up a few random pieces that attract you. From that, as often happens, you then decide you would like more of a particular example you acquired. And it grows from there... never force your way into a series, it then becomes work, and this is a hobby. Cheers, RickO

  • WaterSportWaterSport Posts: 6,907 ✭✭✭✭✭
    edited September 10, 2019 4:55PM

    A bit of advice as I just started to help a friend do the exact thing, start a $10 Indian date set. But you sure as heck better buy Bowers book FIRST, before buying a single coin.

    WS

    Proud recipient of the coveted PCGS Forum "You Suck" Award Thursday July 19, 2007 11:33 PM and December 30th, 2011 at 8:50 PM.
  • NysotoNysoto Posts: 3,821 ✭✭✭✭✭

    1798-1807 $5's.

    Robert Scot: Engraving Liberty - biography of US Mint's first chief engraver
  • shorecollshorecoll Posts: 5,447 ✭✭✭✭✭

    Start a type set with single examples of each type you are considering...sit with them in a dark room with a single light source focused on them and wait for inspiration. Do I want a set of those?...or a set of those?...or all of the above?

    ANA-LM, NBS, EAC
  • KliaoKliao Posts: 5,663 ✭✭✭✭✭

    I would suggest quarter eagle Indian. Only a few dates with 1 key. Currently trying to complete a set my self MS62,63

    Collector
    91 Positive BST transactions buying and selling with 56 members and counting!
    instagram.com/klnumismatics

  • 291fifth291fifth Posts: 24,641 ✭✭✭✭✭

    Think about something early and not US.

    All glory is fleeting.
  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭
    edited September 10, 2019 10:31AM

    @MrEureka said:
    Not exactly what you’re leaning towards, but I suspect you might enjoy Classic QE’s and $5’s by die variety.

    Astutely focused advice o:) Your Trade $1 study gravitated more and more towards die variety. Finding original circulated coins, let alone mint state examples of these gold types, is a challenge you'll enjoy; all the more gratifying as satisfying your personal esthetic too.

    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭

    Don't start anything else based on someone else's recommendation as you'll bore quickly.

    Kinda like if your wife talked you into buying and driving a Smart Car.

    Wait until something talks to you and then buy and read every book on the series before purchasing a single coin.

    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    I know you have some super cool older classic major mint error coins.

    If you try modern major mint errors, well you get so much more bang for your buck that you could build an awesome unique collection. :)

  • RichieURichRichieURich Posts: 8,550 ✭✭✭✭✭

    I suggest that you try a set that is doesn't contain too many coins (so Liberty Head Eagles is out), relatively reasonably priced (so Capped Bust Half Eagles is out), and completion or near-completion can be accomplished (so Saint-Gaudens $20's is out). And certainly a type set is a decent idea.

    An authorized PCGS dealer, and a contributor to the Red Book.

  • matt_dacmatt_dac Posts: 961 ✭✭✭✭✭

    My suggestion is to start out with a single AU58 or better gold coin of any design with killer eye appeal (higher grade if budget allows). Let this light the fire and then decide how you want to proceed.

  • johnny9434johnny9434 Posts: 29,102 ✭✭✭✭✭

    i like the $19 indian head gold myself. theres a lot of good coin out there

  • KliaoKliao Posts: 5,663 ✭✭✭✭✭
    edited September 10, 2019 10:47AM

    @johnny9434 said:
    i like the $19 indian head gold myself. theres a lot of good coin out there

    Never herd of a $19 coin. What multi denomination dies struck this coin :p:D

    Collector
    91 Positive BST transactions buying and selling with 56 members and counting!
    instagram.com/klnumismatics

  • johnny9434johnny9434 Posts: 29,102 ✭✭✭✭✭

    they made that one at the shanghi mint back in the day so be careful. id stick with the $10 indian head gold. best wishes ;)

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  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    I would suggest you start (and finish) a set of modern commemorative gold $5 and $10. Then move to the First Spouse series. You can often buy them near melt, they are low mintage, and before you die both gold prices and the popularity of these now unwanted yet attractive coins will increase.

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  • ShadyDaveShadyDave Posts: 2,217 ✭✭✭✭✭

    @291fifth said:
    Think about something early and not US.

    I'm with @291fifth. So many beautiful, historical and fun world coins to collect that have a better potential price appreciation than US coins do. While I still love collecting US coins ($2.5's, dimes and a type set), I get a lot of enjoyment out of collecting world crowns too.

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,538 ✭✭✭✭✭

    Go for the short series. Draped Bust quarter eagles.
    They would compliment you.

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  • carabonnaircarabonnair Posts: 1,444 ✭✭✭✭✭

    A $5 Liberty from each different mint might be a good way to start.

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭
    edited September 10, 2019 3:00PM

    @Realone said:

    @Insider2 said:
    I would suggest you start (and finish) a set of modern commemorative gold $5 and $10. Then move to the First Spouse series. You can often buy them near melt, they are low mintage, and before you die both gold prices and the popularity of these now unwanted yet attractive coins will increase.

    TY but NOTY

    LOL. It took me a while to figure out "TY but NOTY."

    SMSDWAHYFSS :)

  • Sunshine Rare CoinsSunshine Rare Coins Posts: 2,336 ✭✭✭✭✭

    Early tens.

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  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    SMSDWAHYFSS = Sorry my suggestion didn't work; and hopefully you'll find something soon.

    Sorry, apparently you are a very advanced collector who is more interested in vintage collector gold coins rather than a complete collection of coins regarded as bullion today.

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  • jmski52jmski52 Posts: 23,195 ✭✭✭✭✭

    My suggestion is to start out with a single AU58 or better gold coin of any design with killer eye appeal (higher grade if budget allows). Let this light the fire and then decide how you want to proceed.

    I think this makes sense for you. Give yourself some time to really fall in love with a coin or two first.

    I would suggest you start (and finish) a set of modern commemorative gold $5 and $10. Then move to the First Spouse series. You can often buy them near melt, they are low mintage, and before you die both gold prices and the popularity of these now unwanted yet attractive coins will increase.

    This does not make sense for Realone. It makes sense for me, but not for him. ;)

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • SmudgeSmudge Posts: 9,797 ✭✭✭✭✭

    @carabonnair said:
    A $5 Liberty from each different mint might be a good way to start.

    My thoughts too.

  • Cougar1978Cougar1978 Posts: 8,751 ✭✭✭✭✭

    Nice slabbed USGTC close to melt or not far from it. I can’t get enough of these. I buy in AU 50 - MS 65 range.

    Coins & Currency
  • Dave99BDave99B Posts: 8,679 ✭✭✭✭✭

    I’m slowly working on a set of low grade (VG or lower) $5 gold pieces. The more worn/dirtier the better. It’s a complete blast!

    Dave

    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭

    Go for Complete Barber series in VF35-45.....PCGS of course. :)

  • EXOJUNKIEEXOJUNKIE Posts: 1,622 ✭✭✭✭✭

    Antiques? Classic cars? Stamps? Baseball cards?

    I'm addicted to exonumia ... it is numismatic crack!

    ANA LM

    USAF Retired — 34 years of active military service! 🇺🇸
  • Jinx86Jinx86 Posts: 3,710 ✭✭✭✭✭

    @DIMEMAN said:
    Go for Complete Barber series in VF35-45.....PCGS of course. :)

    For nice eye appealing coins this can take years to put together. Im about 75% of the way through my set. I end up dropping it and the everyman set from the registry. Mostly to focus on my MS set. Too easily distracted trying for 3 sets in the same series.

  • RonyahskiRonyahski Posts: 3,118 ✭✭✭✭✭

    @BillJones said:

    @MrEureka said:
    Not exactly what you’re leaning towards, but I suspect you might enjoy Classic QE’s and $5’s by die variety.

    I completed both sets couple of years ago and had fun with it. I displayed them at FUN in January.

    Be forewarned that it is not a cheap undertaking. I had to overpay for the 1834 Crosslet 4 $5 to get one that matched up with my AU - low end Unc. set. You also have the beginnings of the Charlotte and Dahlonega Mints to get. The 1838-C $5 is not that rare, but finding an attractive one is s challenge.

    Still it is a short, doable set, and the history aspects of it are great.

    He said by die variety, not by date. Quite a different undertaking. A die variety set would keep one occupied for years.

    Some refer to overgraded slabs as Coffins. I like to think of them as Happy Coins.
  • MFeldMFeld Posts: 14,686 ✭✭✭✭✭

    I have a hard time believing that you would or should make such a decision based on the opinions of others. Regardless of what anyone else thinks, it’s a personal decision.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • PickwickjrPickwickjr Posts: 556 ✭✭✭✭✭

    What a great idea! I also switched over to gold. I’m just buying nice examples that catch my eye. I was questioned why I’m buying generic gold that can be bought at any show. Particularly my 1908 Saint I bought. My response was because it’s an incredible coin, didn’t cost an arm and a leg. Well I did well on my generic gold run at cac, two golds stickers and a few greens. I’ll post my new $20 this week when I get her. Another cac run is do soon with the newps I bought recently.
    Besides collecting what I like, I am also doing a date run in the 1850’s of double eagles. Change is a good thing!

  • bidaskbidask Posts: 14,021 ✭✭✭✭✭

    World Silver Crowns .

    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




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