Gold coin pricing ?
coolbrze
Posts: 8
I'm interested in finding out what these coins are worth. Any help is greatly appreciated, thanks in advance.
Here is a list of the 20 coins if you can't see the 1st pic:
$10 gold coins - 1882, 1892, 1893, 1894, 1895, 1896, 1897, 1898, 1899, 1901 - NGC grade MS 62
$20 gold coins - 1895, 1895, 1897S, 1899, 1899S - NGC grade MS 62
$20 gold coins - 1922, 1923, 1924, 1925, 1926 - NGC grade MS 63
Here is a list of the 20 coins if you can't see the 1st pic:
$10 gold coins - 1882, 1892, 1893, 1894, 1895, 1896, 1897, 1898, 1899, 1901 - NGC grade MS 62
$20 gold coins - 1895, 1895, 1897S, 1899, 1899S - NGC grade MS 62
$20 gold coins - 1922, 1923, 1924, 1925, 1926 - NGC grade MS 63
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1882 MS62 ~ $500
1892 MS62 ~ $500
1893 MS62 ~ $500
1894 MS62 ~ $500
1895 MS62 ~ $500
1896 MS62 ~ $500
1897 MS62 ~ $500
1898 MS62 ~ $500
1899 MS62 ~ $500
1901 MS62 ~ $500
$20
1895 MS62 ~ $975
1895 MS62 ~ $975
1897S MS62 ~ $950
1899 MS62 ~ $975
1899S MS62 ~ $1050
1922 MS63 ~ $975
1923 MS63 ~ $975
1924 MS63 ~ $975
1925 MS63 ~ $975
1926 MS63 ~ $975
*Prices are from the PCGS Price Guide. Total of $14,800.00
Ten $10 gold coins, plus ten $20 gold coins is approximately 15 ounces. Multiply current spot ($640 today, click on kitco link for latest) x 15 and add maybe 5% is about $10000 and that is what many dealers will offer.
kitco current gold price
It will be difficult to find folks willing to pay the prices on the PCGS guide, and even at the Heritage prices the coins will be slow movers and need time and effort to find a motivated collector wanting to buy.
MJPM has current bid and ask on PCGS gold Saints and raw $20 Liberty gold. Currently showing bid $660 on PCGS MS62 Saints when selling to the company, asking $735 when buying. I believe, it will be very similar for $20 LIberties NGC 62, though that company may not make a market on them. AU50 raw $20 Liberties are bid $643 (just above spot) and ask $698. Of course these move closely with the price of spot gold (check kitco link above). MS63 Saints are currently bid $690 ask $785 at MJPM. This gives you a decent ballpark and a floor bid which you can always fall back on in a crunch.
mpjm link
/edit to add MS63 Saint prices
<< <i>$10
1882 MS62 ~ $500
1892 MS62 ~ $500
1893 MS62 ~ $500
1894 MS62 ~ $500
1895 MS62 ~ $500
1896 MS62 ~ $500
1897 MS62 ~ $500
1898 MS62 ~ $500
1899 MS62 ~ $500
1901 MS62 ~ $500
$20
1895 MS62 ~ $975
1895 MS62 ~ $975
1897S MS62 ~ $950
1899 MS62 ~ $975
1899S MS62 ~ $1050
1922 MS63 ~ $975
1923 MS63 ~ $975
1924 MS63 ~ $975
1925 MS63 ~ $975
1926 MS63 ~ $975
*Prices are from the PCGS Price Guide. Total of $14,800.00 >>
So if I were to sell them, is this what I would get or what they're worth to a collector?
<< <i>Melt + 5% >>
What does this mean?
<< <i>Melt + 5% >>
Please tell me where I can buy slabbed MS63 Saints at 5% over melt.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
$20 Coin = .9676 ounces of gold so with spot at 650 you would apply the following equation: .9676*650=628.94 then multiply that by 1.05= 660.38 each
$10 Coin = .4838 ounces of gold= 650 spot is .4838*650=314.47 multiplied by 1.05=330.19
The dealer I work with is currently Biding MS62 common date $20 Libs at $665 and common date MS62 $10 Lib's at $360
Hope this helps.
<< <i>The dealer I work with is currently Biding MS62 common date $20 Libs at $665 and common date MS62 $10 Lib's at $360 . >>
Who is this dealer? Also, how much is he selling these for. The OP is talking about NGC slabbed coins.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire