Just returned from Central States... (notes for gold collectors)
RYK
Posts: 35,798 ✭✭✭✭✭
I had a great time. I spent some time at Doug Winter's table where I bought the 1884-CC $20 NGC MS-62. As usual, Doug was terrific to deal with and had an excellent selection of gold coins.
Fortunately, he was able to point out to me our forum's Dahlonega (David), who I had the pleasure of sitting with and chatting about gold coins, coin collecting, and Dahlonega coins, in particular. What a terrific guy! I really enjoyed our conversation, meeting Carl Lester, and looking at some of his treasures including his recent acquisitions. I wish I had more time to sit with those two. Despite that I did not get to meet Al Adams, David sold me my first ever Dahlonega coin: an 1848-D $5 PCGS XF-45 out of Al's inventory (and ex-David!).
The show in general did not seem very busy, but I have not been to one of the big shows in the past and have little to compare. Apparently, there was a lot of deal-making amongst the dealers. I did not see many collectors purchasing coins.
As far as branch mint date gold is concerned, there were quite a few dealers carrying, but I saw very few of the difficult date CC and O coins, except at Doug's table. There was a smattering of D and C coins, but most of the D coins in the room were not even on display. Legend had some nice proof gold coins. Spectrum also had a nice selection of gold coins. No doubt that the coolest coins I saw were shown to me by David, and these were not for sale.
Fortunately, he was able to point out to me our forum's Dahlonega (David), who I had the pleasure of sitting with and chatting about gold coins, coin collecting, and Dahlonega coins, in particular. What a terrific guy! I really enjoyed our conversation, meeting Carl Lester, and looking at some of his treasures including his recent acquisitions. I wish I had more time to sit with those two. Despite that I did not get to meet Al Adams, David sold me my first ever Dahlonega coin: an 1848-D $5 PCGS XF-45 out of Al's inventory (and ex-David!).
The show in general did not seem very busy, but I have not been to one of the big shows in the past and have little to compare. Apparently, there was a lot of deal-making amongst the dealers. I did not see many collectors purchasing coins.
As far as branch mint date gold is concerned, there were quite a few dealers carrying, but I saw very few of the difficult date CC and O coins, except at Doug's table. There was a smattering of D and C coins, but most of the D coins in the room were not even on display. Legend had some nice proof gold coins. Spectrum also had a nice selection of gold coins. No doubt that the coolest coins I saw were shown to me by David, and these were not for sale.
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Comments
Sorry for the herky-jerky scans!
Pennies make dollars, and dollars make slabs!
....inflation must be kicking in again this dollar says spend by Dec. 31 2004!
Erik
in collecting coins. That is a big part of what makes it so much fun. mdwoods
We'll use our hands and hearts and if we must we'll use our heads.
The half eagle is indeed original in appearance. I am ashamed to say that I bought the coin without any knowledge of the die varieties and other nuances of Dahlonega coinage. I am waiting for Doug Winter's updated book on the subject, which should be coming out later this year.
Thank you for your input.
Robert
Experience the World through Numismatics...it's more than you can imagine.
---------------------------------
"No Good Deed Goes Unpunished!"
"If it don't make $"
"It don't make cents""
i bet you can sell them for what you paid for them right now and there would be demand/buyers for them you are in the coins really right these coins in my opinion have a fundemential reason to rise in value!!
and thanks for the show report on the activity
overall one of the better posts on here lately
sincerely michael
As always, thank you for your thoughts. I believe that you are probably right that I could probably get back what I paid for these coins now. However, barring an unforseen disaster, these coins will probably not see another collector for a very, very, very long time.
When you consider that there are probably about 100 1848-D eagles extant, with more than half in grades below XF-45, and of those remaining, very few with original surfaces, it truly is a great coin to have. Also, consider that I paid less for it than someone recently paid for a 1999 New Jersey state quarter on ebay, as discussed on these boards previously. It is a no-brainer! I would sure like to buy more coins like these.
Robert