Wow, the 1991 $25 Gold Eagles are going up!
USMC_6115
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USMC_6115
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Prior to that, a couple of MS-69s sold for very close to $1,900.
I knew it would happen.
I paid $1,700 for a NGC MS69 after missing out on a PCGS MS69 one month earlier for $1,600.
It seems that every auction after that the price has climbed by $100.
I think the 1991 $25 is WAY overpriced.
We all have wishes, now take my kids.......PLEEEZZZZE!
Camelot
I knew it would happen.
My Adolph A. Weinman signature
After 19 years pcgs has only graded less than 1000 of the 91s in ms69 and they show up for sale VERY rarely. A lot of them were used in jewelery.
Strangely the 1989, 1990 and 1995 are rarer in ms69
I knew it would happen.
Box of 20
Where are the 20 000 odd 91 halves that have not been graded ? If they are out there in tubes waiting to be graded then the value will drop , if they are all in pendants and money clips and cuff links , then the sky is the limit.
It is wierd to think that if it became fashionable to collect a PCGS registry set of GAE $25 in MS69 , then there are only a possible 444 sets out there at the moment , with the 1995 as the stopper.
Are there fewer than 500 people collecting these things in this country ?? Less than 10 per state??
<< <i>The question is.
Where are the 20 000 odd 91 halves that have not been graded ? If they are out there in tubes waiting to be graded then the value will drop , if they are all in pendants and money clips and cuff links , then the sky is the limit.
It is wierd to think that if it became fashionable to collect a PCGS registry set of GAE $25 in MS69 , then there are only a possible 444 sets out there at the moment , with the 1995 as the stopper.
Are there fewer than 500 people collecting these things in this country ?? Less than 10 per state?? >>
My thought is that although the baby boomers will be net sellers of assets, that fact will affect stocks & bonds - paper assets, more than bullion or rare coins, and the net effect in relative terms will be positive for all of the AGEs - rare, common and in-between.
I don't know where the 1991's are, but I was jolted when I saw Julian's offering of some of his 1999-W hoard. In Eric's book, he mentions the divestment of whole rolls of these 1999-W unc coins is slowing down and becoming static. I didn't know that there were whole roll hoards of these in the first place!
Do the Burnished Unc "W" AGEs exist in these quantities, or were they more widely-dispersed? In any case, does it matter very much, given the known mintages? I'm asking the questions. I don't know the answers.
I base my planning on what I detect as the price action of these coins on ebay. Both the Burnished Uncs and the early date Keys are doing pretty well. I don't expect the overall trend to change much regardless of which coins become predominant. Take another close look at Eric's methodology in his book and take the time to absorb some of it. This kind of knowledge is valuable, and will continue to be valuable.
I knew it would happen.
If you were hoarding these , which would you prefer to hold , the 91 or 07W?
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Lucky you!
Love your toilet paper...pretty much sums it all up!
<< <i>Eric ,
If you were hoarding these , which would you prefer to hold , the 91 or 07W? >>
IMHO the burnished W mint marks, expecially fractionals, will always be the hands down winner. Only three years of production and not a whole lot of mintages. I don't expect them to ever be produced again.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I was looking for the emoticon for "jealous" but there isnt one.
I forgot I started this thread a decade ago... after reading it again, I wonder why the 2007-W Burnished $25 Gold Eagles never took off with the lower mintage...
Interests and collectors change over time.... One can never be certain (except in rare cases) that the focus/value of one type of coin (when new to market) will maintain over the years, or that subsequent similar issues will also be popular. A fickle market we deal in.... Cheers, RickO
I've got a tube of the $25 1991 AGE's, guess its time to have them graded.
How long have you had them? I watched these steadily increase in value until I decided it was too late in the game to acquire one. Those were back in the days when the money spigot wasn't flowing like the monetary fire hose we have going on now...l...
I knew it would happen.