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generic double eagle prices exploding

dbcoindbcoin Posts: 2,200 ✭✭
in Precious Metals
pcgs price guide

$1500 for low graded stuff and over $1600 for AU. $2000+ in MS62

Is the shortage of gold forcing these prices higher?

Comments

  • PerryHallPerryHall Posts: 46,231 ✭✭✭✭✭
    You use the PCGS price guide to price Saints?image

    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

  • dbcoindbcoin Posts: 2,200 ✭✭
    As a guideline, not an absolute

    The trend clearly points higher
  • PerryHallPerryHall Posts: 46,231 ✭✭✭✭✭


    << <i>As a guideline, not an absolute

    The trend clearly points higher >>



    Agree. I would recommend not buying double eagles right now since their premium over melt is excessively high.

    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

  • dbcoindbcoin Posts: 2,200 ✭✭
    The same could be said for common modern bullion eagles, if you could find them. I think the lack of modern stuff is forcing people to buy what they can, and all that is available is pre-1933 generic stuff. Could make things interesting if this continues and increases
  • CnitasCnitas Posts: 373
    I guess this is a bad time for me to attempt to put together my 7070 gold type page.
    Mark Piersall
    Random Collector
    www.marksmedals.com
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