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What would you do?

blaircountycoinblaircountycoin Posts: 236 ✭✭✭
in U.S. Coin Forum

I have 4 gold coins. I am going to sell 2 of them tomorrow. Two of them are 1 ounce krugerrands. The other two are an 1901 20$ gold, and the other one is an 1879S 20$ gold. Both of them are AU at least, and probably low MS if graded. Which 2 would you keep and why? Thanks in advance for your opinions.

Best Answers

  • moursundmoursund Posts: 3,207 ✭✭✭✭✭
    Answer ✓

    Krugerands are pure bullion, worth melt value or at best a small premium. pre-1933 US gold is collectable, and will likely always be worth melt value plus a significant premium. Plus the libs are prettier, and have more history.

    100th pint of blood donated 7/19/2022 B) . Transactions with WilliamF, Relaxn, LukeMarshal, jclovescoins, braddick, JWP, Weather11am, Fairlaneman, Dscoins, lordmarcovan, Collectorcoins, SurfinxHI, JimW. God so loved the world that he gave his only begotten son, that who so believeth in him should not perish but have everlasting life.
  • ShaunBC5ShaunBC5 Posts: 1,744 ✭✭✭✭✭
    Answer ✓

    I have a Krugerrand that’s probably getting sold/traded soon, too. It will turn into classic US gold or silver.

  • ifthevamzarockinifthevamzarockin Posts: 8,902 ✭✭✭✭✭
    Answer ✓

    I would keep the U.S. gold.

  • jmlanzafjmlanzaf Posts: 35,345 ✭✭✭✭✭
    edited October 20, 2021 5:19PM Answer ✓

    @moursund said:
    Krugerands are pure bullion, worth melt value or at best a small premium. pre-1933 US gold is collectable, and will likely always be worth melt value plus a significant premium. Plus the libs are prettier, and have more history.

    There's no premium on circ pre-1933 gold. You can actually get better money for AGES.

    Kruggerands are a tougher sell, of course, but it is a myth that there is any numismatic premium for common date circ pre-33 gold.

  • moursundmoursund Posts: 3,207 ✭✭✭✭✭
    Answer ✓

    @jmlanzaf said:

    @moursund said:
    Krugerands are pure bullion, worth melt value or at best a small premium. pre-1933 US gold is collectable, and will likely always be worth melt value plus a significant premium. Plus the libs are prettier, and have more history.

    They'd no premium on circ pre-1933 gold. You can actually get better money for AGES.

    Kruggerands are a tougher sell, of course, but it is a myth that there is any numismatic premium for common date circ pre-33 gold.

    1 oz AGEs have more gold than double-eagles, so not an apples to apples compare.
    But point taken, perhaps there isn't a large premium over bv for common circ US old gold... but there seems to be some...

    100th pint of blood donated 7/19/2022 B) . Transactions with WilliamF, Relaxn, LukeMarshal, jclovescoins, braddick, JWP, Weather11am, Fairlaneman, Dscoins, lordmarcovan, Collectorcoins, SurfinxHI, JimW. God so loved the world that he gave his only begotten son, that who so believeth in him should not perish but have everlasting life.
  • WalkerfanWalkerfan Posts: 9,490 ✭✭✭✭✭
    Answer ✓

    I'd sell the Krugerrands.

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • jmlanzafjmlanzaf Posts: 35,345 ✭✭✭✭✭
    edited October 20, 2021 5:21PM Answer ✓

    @moursund said:

    @jmlanzaf said:

    @moursund said:
    Krugerands are pure bullion, worth melt value or at best a small premium. pre-1933 US gold is collectable, and will likely always be worth melt value plus a significant premium. Plus the libs are prettier, and have more history.

    They'd no premium on circ pre-1933 gold. You can actually get better money for AGES.

    Kruggerands are a tougher sell, of course, but it is a myth that there is any numismatic premium for common date circ pre-33 gold.

    1 oz AGEs have more gold than double-eagles, so not an apples to apples compare.
    But point taken, perhaps there isn't a large premium over bv for common circ US old gold... but there seems to be some...

    Incorrect. I'm talking about as a percentage of gold value, not absolute dollars.

    Current bid/ask on circ pre-1933 is 102%/103%
    Current bid/ask on AGEs is 103%/104.1%
    Current bid ask on Krugerrands is 102%/103%

    There's not much difference, but there's no numismatic premium on pre-33 gold

  • MasonGMasonG Posts: 6,261 ✭✭✭✭✭
    Answer ✓

    @jmlanzaf said:
    There's not much difference, but there's no numismatic premium on pre-33 gold

    These were all purchased based on gold value, no premium included.

  • moursundmoursund Posts: 3,207 ✭✭✭✭✭
    Answer ✓

    @jmlanzaf said:

    @moursund said:

    @jmlanzaf said:

    @moursund said:
    Krugerands are pure bullion, worth melt value or at best a small premium. pre-1933 US gold is collectable, and will likely always be worth melt value plus a significant premium. Plus the libs are prettier, and have more history.

    They'd no premium on circ pre-1933 gold. You can actually get better money for AGES.

    Kruggerands are a tougher sell, of course, but it is a myth that there is any numismatic premium for common date circ pre-33 gold.

    1 oz AGEs have more gold than double-eagles, so not an apples to apples compare.
    But point taken, perhaps there isn't a large premium over bv for common circ US old gold... but there seems to be some...

    Incorrect. I'm talking about as a percentage of gold value, not absolute dollars.

    Current bid/ask on circ pre-1933 is 102%/103%
    Current bid/ask on AGEs is 103%/104.1%
    Current bid ask on Krugerrands is 102%/103%

    There's not much difference, but there's no numismatic premium on pre-33 gold

    Well, what do you know... Ok, the common old gold just has to stand on its artistic and historic merit to be better than bullion.

    100th pint of blood donated 7/19/2022 B) . Transactions with WilliamF, Relaxn, LukeMarshal, jclovescoins, braddick, JWP, Weather11am, Fairlaneman, Dscoins, lordmarcovan, Collectorcoins, SurfinxHI, JimW. God so loved the world that he gave his only begotten son, that who so believeth in him should not perish but have everlasting life.

Answers

  • BryceMBryceM Posts: 11,827 ✭✭✭✭✭

    Any of the above are easily replaceable...... so, just pick two. It doesn't matter.

  • 291fifth291fifth Posts: 24,461 ✭✭✭✭✭

    You don't seem to care much about any of them so why not sell all of them?

    All glory is fleeting.
  • jmlanzafjmlanzaf Posts: 35,345 ✭✭✭✭✭

    @MasonG said:

    @jmlanzaf said:
    There's not much difference, but there's no numismatic premium on pre-33 gold

    These were all purchased based on gold value, no premium included.

    Chocolate centers? :)

  • oih82w8oih82w8 Posts: 12,404 ✭✭✭✭✭

    What years are the Krugerrands?

    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
  • jmlanzafjmlanzaf Posts: 35,345 ✭✭✭✭✭

    @moursund said:

    @jmlanzaf said:

    @moursund said:

    @jmlanzaf said:

    @moursund said:
    Krugerands are pure bullion, worth melt value or at best a small premium. pre-1933 US gold is collectable, and will likely always be worth melt value plus a significant premium. Plus the libs are prettier, and have more history.

    They'd no premium on circ pre-1933 gold. You can actually get better money for AGES.

    Kruggerands are a tougher sell, of course, but it is a myth that there is any numismatic premium for common date circ pre-33 gold.

    1 oz AGEs have more gold than double-eagles, so not an apples to apples compare.
    But point taken, perhaps there isn't a large premium over bv for common circ US old gold... but there seems to be some...

    Incorrect. I'm talking about as a percentage of gold value, not absolute dollars.

    Current bid/ask on circ pre-1933 is 102%/103%
    Current bid/ask on AGEs is 103%/104.1%
    Current bid ask on Krugerrands is 102%/103%

    There's not much difference, but there's no numismatic premium on pre-33 gold

    Well, what do you know... Ok, the common old gold just has to stand on its artistic and historic merit to be better than

    I don't think people realize how incredibly common most of those coins are. PCGS alone has certified 885,000 type 3 Saints and 630,000 type 3 libs. And the vast majority are still raw.

  • MasonGMasonG Posts: 6,261 ✭✭✭✭✭

    @jmlanzaf said:

    @MasonG said:

    @jmlanzaf said:
    There's not much difference, but there's no numismatic premium on pre-33 gold

    These were all purchased based on gold value, no premium included.

    Chocolate centers? :)

    Better not be. ;)

  • blaircountycoinblaircountycoin Posts: 236 ✭✭✭

    Thanks to everybody. Your insight is always appreciated. At least 99% is anyway!

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Just to add to the growing consensus - I would keep the U.S. gold and sell the Krugerrands... U.S. gold coins are more liquid and often carry a bit of collector premium in the right sector of collectors. Cheers, RickO

  • PerryHallPerryHall Posts: 46,436 ✭✭✭✭✭

    Can we get pics of the double eagles? If they have been cleaned or have other problems, I'd dump them first. If they're nice, dump the K-Rands.

    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

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