concerning 1854-1889 three dollar gold pieces in todays market, are you a buyer??

michael

The U.S. Gold market is on quite a ride. The demand for most gold coins is strong but there are certain areas that are so hot the demand has soaked up nearly all the supply.

The most active series is $3 Gold where the FMV has been sky-rocketing for several months now. It is to the point that we are not seeing anybody advertise any coins for sale because when they do happen to walk in the door of the coin shop, the dealer knows right where to go to realize the highest price. Dealers are falling all over themselves trying to be the highest buyer when coins are made available.

The seller can just about name their own price because of the extremely short supply. As all good things, this has to come to an end. Or, does it?

There are numerous standing orders for many of these issues
in Very Fine to high Mint State grades.

Furthermore, the higher FMV prices are not producing substantial new supplies
onto the marketplace.

will you consider buying a three dollar gold piece for your collection

BlindedByEgo

I feel lucky- I picked up a decent AU55/58 1874 for what I thought the outrageous sum of $800 about 4 months ago.

Now I wish that I'd taken 'em all. Oh, well.

PerryHall

I've bought several in the past including some better dates. Since the prices have almost doubled I've been out of the market. I'm waiting for a correction which will undoubtedly come.

RYK

There are eleven $3's in my collection, mostly better and key dates. I would like to complete my "dirty dozen" with a San Francisco piece, preferably 55-S or 60-S, but the prices seem to high to me. That said, my impression is that the market, if anything, has cooled considerably since the month or two after the Jewell Collection was sold.

Spudmasher

I purchased an 1878 $3.00 in Baltimore 2 years ago in Dec. for $2000.00 in an NGC61 holder! Even though one of the common dates what is it worth today?

TheRaven

The prices on these coins have almost went out of my price range.

I will likely wait and see if there is a correction and nab one at that point.

bonkrood

<< <i>I purchased an 1878 $3.00 in Baltimore 2 years ago in Dec. for $2000.00 in an NGC61 holder! Even though one of the common dates what is it worth today? >>



$4000 to $5000 I would guess.

291fifth

Recently promoted and overheated as such. Time to step back and let prices settle.

Conder101

Nope, can't afford gold.

michael

the only promoted ones are the more available dates in ms 64 and 65 three large market makers are doing it

but for scarce to really scarce eye appealling threes from choice xf to slider unc coins are terrific values and fantastically opportunity sexy historical coinaGE

here are a few examplesof the better dates i am talking about 1883 1877 1858 1860-1864

ms70

I just want one for my type set. I wish I made it a priority about 5 years ago. Now instead of MS I'll be buying AU. And at this rate I'm not going to drag my feet.