Modern Gold NEWP
asheland
Posts: 23,183 ✭✭✭✭✭
I’ve been looking for one of these for a little while now. Just got it yesterday...
Looking at previous prices, $600 seems like a steal!
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I have never seen one of these before, but according to the price guide, and history, it appears that you got it for about half price!
@asheland, great find. $600. seems like a bargain today. Congrats!
@asheland... You got that one at a great price... I followed those for a while and always commanded a significant premium. Cheers, RickO
I almost bought this one a few days ago. Nice coin
https://www.greatcollections.com/Coin/1296283/1997-W-Jackie-Robinson-Gold-5-PCGS-MS-69
That went super cheap!
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Little to no downside risk on that one. A steal imo for the buyer.
Yes, with a mintage of 5,174, it might seem "scarce," but there are many 19th century gold coins that have survived with smaller numbers. A vast majority of that 5,174 mintage still exists today.
This 1882 gold dollar has a reported mintage of 5,000. This isn't a knock on your new coin, which is a significant modern issue for a worthy cause. It's just to put the mintages in perspective. For those who like to guess grades, this one is graded MS-63.
I also was able to win one of these at a recent GC sale. Down to one plus the two 2022 issues to fill my MS and PR sets of these. A good way to stack some gold with little downside risk.
Yes, I ended up doing that when I purchased all of the double sets (Proof and Mint State) in the wooden boxes. The Jackie Robinson coins were the late commemorative sets that came in a wooden box. That time, however, the box contained a Proof $5 gold, a pin, fancy baseball card and a cloth patch. The four piece double sets came in a velvet box. I almost bought one of those when the price was high ($2,600). Thank goodness I didn't. That was the Grey Sheet bid price just before the prices were headed downward.
No knock at all, I totally analyze these thing myself! I have seen, especially with those late gold dollars that the survivor rate is indeed high.
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@BillJones Nice 1884 G$1 by the way!
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@asheland very nice coin and great buy!
The true view arrived today. Gotta say I’m disappointed on this one.
None of that debris is on the coin or ever was!
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Yes, the gold dollar survival rates are quite high from the 1880s, but the Jackie Robinson $5 gold rates are even higher. According to "Coin Facts" there are 500, 1884 gold dollars left.
The 1880, which has a mintage of 1,600, 1,000 of them are left. It's hard not to like something that looks like this. This is an MS-65, which looks better.
Major bummer. If the TV was the only picture I had, I would probably pass on the coin because of that.
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Agree! Luckily, I have slab shots showing it’s clean in there. 👍
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