Help with cost basis for 1994 Gold Proofs
2manycoins2fewfunds
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Anyone have access to original issue price on US Mint Gold Eagle Proofs from 1994?? 1/10 1/4 1/2 ounce????
Thanks,
Bill
Thanks,
Bill
0
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I firmly believe in numismatics as the world's greatest hobby, but recognize that this is a luxury and without collectors, we can all spend/melt our collections/inventories.
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This is for anyone else who finds this ancient thread. I believe Julian's prices (04 Feb 2006) are a bit high, because the three coins he listed minimum total is $650, leaving only $350-400 for the 1 oz coin, about the same price as the 1/2 oz. I purchased the 4-coin gold eagle proof set for $999 in 1994; it was a discount price vs. the four single coin prices, but not a giant discount. The average closing price for gold in 1994 was $384; the coins' purchase prices were not tied directly to the daily price of gold by the mint, the way today's prices are.
I don't recall the individual prices, but the four coin sets were priced at $995.00. Even then with a little search, one could locate them for about $750.00 on the after market. Alas, the good 'ol days!
I would try find mint ask prices, making a seperate ss page for that - historical reference data. Good luck on that.
However for investment portfolio / business purposes, I would simply do an inventory reval to current CDN bid (each item). For MV /Sell would just input CDN CPG in the of the item column of the ss. Each would go on back of holder in code. Goal - get somewhere between bid and CPG.