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in general, what are your thoughts on gold coins between the dates 1860-1866?

fcfc Posts: 12,793 ✭✭✭
in general, what are your thoughts on gold coins between the dates 1860-1866?

in the realm of liberty half eagles, most of the coins that fall between these
dates are uber rare/scarce. Except the 1861P, PCGS has graded a total of
50 coins on average per mint. Many dates do not even have a single coin in MS.

Do you think these dates deserve a quite hefty premium and does one
have to accept a hit or two extra for example, on the coin due to the
fact another may not come up for sale for years?

Should one be satisfied with evident luster for a XF45 in the protected areas
or should one be scouting for one with booming luster for the grade of XF45?

How does PCGS grade these coins in general? Super tight, loose?

thank you for your thoughts. these coins can easily cost > 2500 so I wish
to discuss it a bit.

Comments

  • RYKRYK Posts: 35,797 ✭✭✭✭✭
    I really like Civil War era gold, any denomination, any mint. Last year, I assembled the 1861-1865 Civil War $3 set in choice AU. I was, at one time, thinking of doing the same for gold dollars. Most dates do not sell for a Civil War premium; they are scarce (especially 1863-65), so they are expensive.
  • RegulatedRegulated Posts: 2,992 ✭✭✭✭✭
    Civil War gold is an interesting area and certainly has its share of devotees. If you like the idea of putting together a set, you should definitely accept the fact that certain issues are unavailable in high (read: mint state) grades. That being said, you should try to find pieces that represent good quality for the given grade - rather than accepting an "extra hit or two," I would suggest that you try to learn what a nice choice AU or XF piece should look like, and pursue that as your ideal.

    BTW, if you find any XF45s with booming luster, I'll gladly take them off your hands. image

    What is now proved was once only imagined. - William Blake
  • fcfc Posts: 12,793 ✭✭✭
    BTW, if you find any XF45s with booming luster, I'll gladly take them off your hands.

    i meant this as, i have xf45's with more luster than others. one can easily wait for the
    right 1944P half eagle to come around. There are many survivors.

    but does one do the same thing when trying to buy a 1864S half eagle? Crap man,
    there is only approx 30 coins holdered by PCGS. A person cannot be too picky when
    20 of them are in strong hands, 9 of them are too expensive for me, and 1 of them
    if i am lucky will get into my greedy hands.

    Most dates do not sell for a Civil War premium; they are scarce (especially 1863-65), so they are expensive.

    yea, i noticed after looking at the pops for the years. the 70s also are super tough. strange how
    the coins from the 1840s are not as hard. but i do think many civil war actors probably went out
    of there way to buy a real authentic half eagle to go along with the rest of their kit. people take
    that timeframe much more seriously than many others, i think, so them throwing 5000 at
    a rare coin for the right reason really makes it tough on me to get one.

    That being said, you should try to find pieces that represent good quality for the
    given grade - rather than accepting an "extra hit or two," I would suggest that you
    try to learn what a nice choice AU or XF piece should look like, and pursue that as your ideal.


    hm. in other words, if you think you know an xf45 when you see one, take the plunge.
  • coinkatcoinkat Posts: 23,366 ✭✭✭✭✭
    The 10 Libs are very tough to find with original surfaces with the exception of 1861. These truly are worth seeking if one has the $$$$ and patience.

    Experience the World through Numismatics...it's more than you can imagine.

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