Gold Buyers: Your thoughts on this eBay purchase?
braddick
Posts: 24,120 ✭✭✭✭✭
braddick
Posts: 24,120 ✭✭✭✭✭
braddick
Posts: 24,120 ✭✭✭✭✭
Comments
It's fine as a coin. I wouldn't buy it as "gold".
As bullion, it's too expensive. As a "bullion-like" investment it's too expensive.
As a coin, it's fine. You can find better prices but if you like the look and/or holder, it's fine.
Overpriced in today's market, and, just based on pictures, I think it would be downgraded at our host's service. Cheers, RickO
Not sure from what angle you are asking. As a 20+ year, experienced veteran of these Boards, I assume you are not asking from a bullion point of view. It is the lowest priced coin of that date and grade on eBay at present and from the last 90 days' sales, it is in an NGC gen 2, "white core" holder, and it looks like a solid grade from the pictures (although the obverse is not lit very well). If you were looking for a Saint to add to your collection, I say you did well. If you are looking to resell, I would have passed.
If we were all the same, the world would be an incredibly boring place.
Tommy
Nice coin. I like those old NGC slabs with the gold embossed logo. You paid a fair price for it.
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
I do appreciate the variety of opinions expressed within this thread- including yours.
Spending 20 years on these boards does in no way make me an expert. I value and learn from everyone here- truly on a daily basis. I know I paid retail for it yet as I don't plan to resell it didn't mind doing so. Not everything has to be a rip.
It is a coin I wanted to add to my type collection. The gold is the last of it.
peacockcoins
What I would say. 1926 is not one of the most common dates, gold embossed holder in good condition, and a fair(not cheap) price for the coin. If I saw it and was in the market for a $20 at this time ( I will be again not just now because I just bought one ) I would have snapped it up. I think it could sell for a bit more today because of the gold embossed holder.
A suggestion: if you desire more responses take a screenshot or others photo options, and post it to the thread rather than using a link that pulls us away from the forum.
Terrific suggestion! I have now done so. Thanks.
peacockcoins
Looks like a nice 63
Thank you for posting the photos. Yes I agree I would only approach it from a near bullion cost point.
When you have a chance even though cac is not accepting a lot of submissions now, I'd include it with a submission, you may get lucky with a thumbs up in person.
Historically way overpriced as bullion. From a collectible standpoint that coin looks closer to a 65 than a 63 to my amateur eyes. . No idea what that makes it "worth" in the collectable market..... $2300 is probably close. With gold I'm way more a bullion guy than a collector....so what do I know?. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
It looks good to me.
I'd guess MS64 but the picture is a bit too fuzzy to totally nail the grade.
The 1926 is the least common of the common saints & I don't see the price getting lower on that one anytime soon.
Careful...Saints collecting can get addictive
My Saint Set
When you get the coin in hand you can check for the TDO variety.
I don't see it in the photo but it would be tough to see with that photo.
A nice Mint State St. Gaudens $20 gold is not a bullion coin. If you want bullion at bullion prices, a modern coin is the better choice.
Having said that, will the price of this coin fall if the gold price drops? ABSOLUTELY! You can’t be dealing with something that contains almost an ounce of gold, which derives a lot of its value from its gold content, and not its value sensitive to the gold market.
A chunk of gold, one of the most aesthetic artistic designs and a piece of history. What is not to love?
Love the way ASG's glyph almost stands in place of a mint mark. Never really thought of it that way before.
Nice variety! I like👍👍👍
It’s a nice coin, nothing wrong with it
Mr_Spud
@braddick
Very nice coin, looks solid for the grade👌 I love those old 2.0 holders. A lot of the coins in those holders have very good upgrade potential, with any service.
Since you got the coin for about $500 over gold value, it seems to me maximum you could have overpaid is $500. In that context, I think it’s fine.
I think it's very nice.
Collector, occasional seller