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Are Type 3 $20 Liberty Gold double eagles less desirable?
Leeroybrown
Posts: 516 ✭✭✭✭✭
In getting deeper and deeper into $20 gold collecting, I wanted to poll the forum to get thoughts on desirability of Type 3 vs. Type 1 and Type 2 $20 Liberty gold double eagles...
Are the Type 3’s more desirable in the 70’s and 80’s vs. the 1890’s and 1900’s?
Is there a higher premium on Type I’s or II’s thsn Type III?
Also, in looking at auction records, dont see many Gold stickered Type 3’s other than the year 1904... (pop report says there is 20) 👀...
Why is that and thoughts?
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They are just more common and as for premiums, big gold needs a lot to justify a premium due to the high value and limited date collectors. Either special mint Mark or condition. That said if I was a betting man I would buy every 79-o type 3 I could. Those have blue chip written all over them
11.5$ Southern Dollars, The little “Big Easy” set
I used to collect the older gold coins... Then I got into stacking... still have the old ones though. At the time, I only purchased slabbed coins - except for my 1909D $5 Indian... that was too good to pass up. Now, I just look at the old ones and buy AGE's at spot or below. Cheers, RickO
It is a nice type, very popular if the coins have eye appeal. Type II coins have a neat design, and the type Is, the no motto coins are harder to find in AU or better.
Which appeal to you? The type 3s sell for a smaller premium so you can buy more of them for the same dollar amount than the others. What is your goal. stacking. date set, investment? Three different answers for three different goals. I like them all and will buy them if they look good and are priced right.
it's crackers to slip a rozzer the dropsy in snide
Not at all / really nice coin to have. Show me your CC.
From a strict bullion standpoint, I would prefer the American Buffalo (.999), followed by the AGE. The premium on Double Eagles is from a collecting standpoint. No one knows how the premium will prevail as gold prices increase. Plus, the DE's have less than an ounce of gold, a fraction less but still less. The collectors market will always drive the value of DEs. For liquidity, it may be difficult if hard times hit to find a buyer willing to pay more for DE's than ABs, yes?
By the way, where to you buy AGEs at or below spot?
@isaiah58....If you get Ebucks it can reduce the price to spot or sometimes below....and spot is possible when you find local sellers as well. Cheers, RickO
I agree, I buy very little on Ebay outside of coins and bullion so earning Ebucks is limited for myself. Plus most of the reliable sellers are less expensive now via their websites. Personally, I will pay my LCS their small premium for my safety and knowing they stand behind the products they sell.