Does anyone own or know much about the 1911-d quarter eagle?
TheLiberator
Posts: 1,023 ✭✭✭
I have been interested in this coin for awhile but I don't know if it is a good buy. What do you guys think about this one? Well priced? Too high? Just right?
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I do know that it is a very popular coin, and around here thier is always someone looking for one. It is one of the few gold sets that folks try to build a complete collection of vs just buying a single type example for thier collections.
The price in the cdn has risen drastically in past year??
current Cdn Bid Nov 04
Xf 1975 AU 2725 Au58 4150 Ms60 5550 Ms62 9700 Ms63 18700 Ms64 24400
Jan 04
Xf 1000 AU 1280 Au58 3000 Ms60 4100 Ms62 8250 Ms63 17500 Ms64 23000
Just a quick look at the price increase percentage, it looks as if the collector grades have performed better, which is also the grade ranges that would be easily manipulated by a silent buying binge for profit taking, as you would have a larger collector base at those levels when it came time to sell them.
By the way, this was my first post to the forum...
I would not consider inventorying them. When they do come in, I have them re-wholesaled before I even make an offer.
Careful!
Rgrds
Tom
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
I have owned several but decided against buying any.....I feel they are overpriced relative to rarity.
My 20th Century Gold Registry Set
$20 Saint Gaudens Registry Set
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
Overpriced, manipulated...maybe, but if you buy the series you enjoy, then no regrets. It is the only real key in the series. It is in demand. If you are worried about turning a profit in one year, I would move on to another series (or seriously consider moving your profit vehicle away from collectibles). If you are worried about losing money in 15-20 years, it will perform similar to other key dates IMO. Keep the opinions coming--always interested in more experienced collector/dealer opinions.
DD