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How much can I expect to pay for a First Spouse gold coin at a local brick & mortar shop?

LongacreLongacre Posts: 16,717 ✭✭✭
I was debating whether I should even post this thread, out of fear that someone will accuse me of collecting damn Moderns. image Anyway, The Man will be traveling the week after next, and I might have the opportunity to actually be unchained from my desk for 60 minutes during lunch and visit a local B&M store about a mile or two away. I find some of the First Spouse designs to be attractive, and I might want to buy one.

In your opinion, which is the best First Spouse coin to purchase, or are they all the same? Also, what sort of price should I expect to pay? I don't know if I should be writing this here, but should I just buy a raw coin, rather than a slabbed one?
Always took candy from strangers
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)

Comments

  • rgCoinGuyrgCoinGuy Posts: 7,478
    Of the ones minted so far, go for the smallest mintage, I think I remember reading on here one of them had under 4000 minted ( I think the last one, but not 100% sure). I don't follow this series, but I am sure FL Buff Hunter could give you an idea.
    imageQuid pro quo. Yes or no?
  • CoinHuskerCoinHusker Posts: 5,033 ✭✭✭


    << <i>Of the ones minted so far, go for the smallest mintage, I think I remember reading on here one of them had under 4000 minted ( I think the last one, but not 100% sure). I don't follow this series, but I am sure FL Buff Hunter could give you an idea. >>



    The first three all hit max, 20,000 each proof/unc
    Dolley Madison 11,160 unc / 17,513 proof
    Elizabeth Monroe 3,910 unc / 6,666 proof
    Collecting coins, medals and currency featuring "The Sower"
  • JZraritiesJZrarities Posts: 2,583 ✭✭✭
    My local shop is 575+
  • PerryHallPerryHall Posts: 46,846 ✭✭✭✭✭
    You'd be crazy to pay much more than 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

  • BochimanBochiman Posts: 25,556 ✭✭✭✭✭
    You will pay more at a local BM than you would on the BST
    I have 3 of the liberty spouses (TJ) that I still haven't sold because locally they will pay what they pay for melt. Haven't bothered trying elsewhere (they are PCGS MS/PR69...if they were 70, then they would have still been close to melt locally).

    If you want it for "investment", get the lowest mintage at the lowest price.
    If you want it for the design, which is why I am ok holding onto the ones I have, since I like the design, then get the one that appeals to you (was the TJ Liberty one for me)

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • GreeniejrGreeniejr Posts: 1,321 ✭✭✭
    I have some Abby BUs I can sell for around $20 over.
  • UtahCoinUtahCoin Posts: 5,366 ✭✭✭✭✭
    I put 4 of them (all pcgs MS69 & pr69) 1st Strikes on the BST board for melt and got no takers.....

    So.... Aim for a point or 2 above melt
    I used to be somebody, now I'm just a coin collector.
    Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
  • BECOKABECOKA Posts: 16,961 ✭✭✭
    I'd stay away from local B&M for bullion unless they are the type that treat it just as that where you can get it for spot + a small percentage.

    It's a close call but I'd also pick the Jefferson proof. The business strike just does nothing for me.
  • PlacidPlacid Posts: 11,299 ✭✭✭
    I dont know if brick and mortar shops can beat eBay this one sold yesterday.

    Yes shipping is extra but probably about the same as sales tax.
  • The only coin so far for Longacre is the Jefferson. Pay melt plus very little.
    OLDER IS BETTER
  • guitarwesguitarwes Posts: 9,290 ✭✭✭


    Thomas Jefferson's Liberty. That's the best lookin' one in my opinion.

    You can get 'em for melt. Just keep looking.

    wes
    @ Elite CNC Routing & Woodworks on Facebook. Check out my work.
    Too many positive BST transactions with too many members to list.
  • Too early to know which will become keys to have a significant premium over the metal value for raw/69 coins. If you simply like the designs and not looking to put together a set, you would probably be better off buying the ones you like. The Proofs have a higher premium than the Uncirculated especially in a 70, with a PCGS First StrikeSM Proof 70's having the highest premium.

    If you just want to collect the Liberty Spouse sub-set, I suggest buying a slabbed PCGS First StrikeSM 70 off eBay. Since the Jefferson's Liberty has the highest First StrikeSM graded population of any of the spouses issued so far, the premium for a PCGS First StrikeSM PR70 is much less (~$800) at this point than the other spouses especially the 2008 issues which have the lowest sales totals and graded population. The PCGS MS70 coins also have a much lower premium than the PR70's since the 70 grade-thru percentage is alot higher for the Uncirculated coins than the Proofs.
    Never teach a pig to sing. You'll waste your time and annoy the pig image

    image


  • << <i>I was debating whether I should even post this thread, out of fear that someone will accuse me of collecting damn Moderns. image

    << <i>


    Moderns? MODERNS?!?!

    OMG...what is this world coming to???

    Longacre collecting Moderns!?!? image

    This is totally unacceptable!!!

    image



























    imageimage
    Re: Slabbed coins - There are some coins that LIVE within clear plastic and wear their labels with pride... while there are others that HIDE behind scratched plastic and are simply dragged along by a label. Then there are those coins that simply hang out, naked and free image
  • krankykranky Posts: 8,709 ✭✭✭
    Longacre, if you pay one extra dollar for a First Strike label, please don't tell us about it. image

    New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.

  • OPAOPA Posts: 17,141 ✭✭✭✭✭
    Actually, most of the proof OGP raw coins are selling for more than either NGC or PCGS 69's on eBay...

    as an example ... check out this sellers (not mine) completed sales
    eBay link
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • Sunshine Rare CoinsSunshine Rare Coins Posts: 2,337 ✭✭✭✭✭
    get the jefferson liberty, it is a classic design
  • GritsManGritsMan Posts: 2,599 ✭✭✭


    << <i>get the jefferson liberty, it is a classic design >>



    Agreed. It's the only one I have and it's a beauty. No reason to get any of these coins (yet) unless you really love the design.
    Winner of the Coveted Devil Award June 8th, 2010

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