WOW---2 1/2 dollar gold quarter eagles......
Wow, prolly for the first time in about six months, I looked for the ultra low mintages on e-bay (around 5,000 minted) and couldn't believe the prices some of those coins are asking. (PCGS or NGC slabbed). I was buying some of those coins earlier in the year anywhere between $300-$600. Now it seems those coins are over asking over $1000 (when you can find them).
0
Comments
they are burying themselves with these coins right now.
history shall repeat, especially with coin speculators.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
<< <i>There are some tough ones to locate. Maybe the market is finally paying attention to series. I am a new buyer for these little treasures. Competition drives prices up!! >>
Gotta respectfully disagree with you. Folks are rushing out to collect Prez dollars, and first wives gold coins with mintages in the multi-millions and 40k respectfully. Now why shouldn't a coin that has a mintage of under 4k be a bad investment?
Some of the dates for these coins are:
1867
1868
1869
1870
1871
1872
1874
1876
1876s
1877
1880
1882
1883
1884
1886
1887
1890
1892
1894
1895
Give me a choice of a prez dollar, first wives coin or lowly minted gold coin, guess which I choose.
1890 in MS-62
10-4,
My Instagram picturesErik
My registry sets
I doubt if they will ever find much of a following except as coins needed for type sets. Few collect the Liberty $2.50's by date. The populations may be small but the collector base is even smaller. Most collectors prefer sets they have a reasonable chance of completing.
In my opinion these factors should continue to hold down prices - expect perhaps for C and D coins - for the low mintage Philadelphia issues.
I collect them by date because I like them. I don't expect them to appreciate.
Mark