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2002 $10 Gold American Eagle Price

dakradakra Posts: 513 ✭
in U.S. Coin Forum
At the US Mint, the 2002 ¼ oz. American Eagle Gold Proof Coin (Z23) sells for $150 but I noticed that some people on ebay are selling them for well below that $150. I even saw a buy it now for $89. (ie.
Auction )

and here is an Auction for $129-PCGS MS69

I don't get it? Purchase at $150, sell for cheaper? Am I missing something?

-David

Comments

  • medicain19medicain19 Posts: 79
    They're either in it(the mint)to make a buck or somebody on ebay is losing a buck.
    For me-collecting coins for fun.For my children-their future.
  • araara Posts: 130 ✭
    That is the BU strike, not the proof. image
    aka trozau (troy ounce gold)
    honi soit qui mal y pense
    image
    gold - the barbarous relic!
  • PlacidPlacid Posts: 11,299 ✭✭✭
    I belive "dealers" get a discount.
  • RickyTRickyT Posts: 12
    Because the coin being offered is uncirculated not proof. You can buy these for around $80 to $85 off of ebay or from Tulving when in stock. (Slabbed by PCGS is extra! image)
    Gold is Good
  • Steve27Steve27 Posts: 13,274 ✭✭✭
    The real crime is that you can't buy the MS coins directly from the mint and the mark-up on the proof coins is absurd.
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson

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