Bullion roll of junk classic half eagles
johnny54321
Posts: 480 ✭
I have most of my gold bullion in my classic type set, and lately I've decided to pursue another goal. This is to complete a roll of classic "junk" half eagles, and was wondering about thoughts on this. Sure it would be easier just to purchase quarter ounce AGEs or of the such, and probably slightly more liquid that way, but my heart is with classic coins. I like this size, because they are still affordable, fit into a nickel roll, and can be had close to melt(unlike smaller denominations). Also, I have to be more wary of counterfeits, but lower end slabbed coins cost about the same as raw. I am avoiding higher grade stuff, and mostly only put worn, cleaned, ex-jewelry and otherwise "problem child" gold into this roll, because I want to be able to buy them close to melt and handle without worrying about damage. Besides, even problem coins need a home, and melt is melt. :-)
This is a combination of indians and libs. The few indians I have bought lately were ones off of ebay were under $400 were in a details NGC or ANACS slab for one reason or another. Anyways, they fit nicely into a nickel roll right now, and am I correct in assuming that there would be 40 coins in a half eagle roll? I'm at 8 right now(with 2 more on the way), so I still have a long way to go.
This is a combination of indians and libs. The few indians I have bought lately were ones off of ebay were under $400 were in a details NGC or ANACS slab for one reason or another. Anyways, they fit nicely into a nickel roll right now, and am I correct in assuming that there would be 40 coins in a half eagle roll? I'm at 8 right now(with 2 more on the way), so I still have a long way to go.
All coins kept in safety deposit box.
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Comments
Keep your slab inserts handy for when you decide to sell, it will bring piece of mind to whomever is purchasing that they are not buying counterfeit.
Click on this link to see my ebay listings.
Collecting gold makes it more fun than buying gold. Good for you. I tried collecting gold, but learned you can part with it as easily.
"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
Thanks for the inspiration.
<< <i>Keep your slab inserts handy for when you decide to sell, it will bring piece of mind to whomever is purchasing that they are not buying counterfeit. >>
How do they know that a particular insert goes with a particular coin? Are they just supposed to take your word for it?
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
<< <i>Are $5 Indians same weight as $5 Liberty's? >>
Yes.
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
Several of the Large Cents that I've bought from Tom Reynolds and Doug Bird had been cracked out and came with the insert stuck into the padded coin envelope. I much prefer having the coins "out" so that I can handle them, and when it comes time to sell them - they are what they are, the coins speak for themselves.
I'm actually thinking of taking my graded Plats out of their slabs and storing them the same way.
I knew it would happen.
Liquidity on common circ gold isn't there. If it's in any way to be a "bullion" holding, abandon the idea.
I had a pile in a leather coin wallet but replaced them with sovereigns.
US gold IN the slabs is far to be preferred over a tube of loose coins.
But, as I say, if it's for FUN go for it.
<< <i>
<< <i>Keep your slab inserts handy for when you decide to sell, it will bring piece of mind to whomever is purchasing that they are not buying counterfeit. >>
How do they know that a particular insert goes with a particular coin? Are they just supposed to take your word for it? >>
Well, sure. I'm inclined to trust people I do business with. (much easier if you're selling face to face) I'd feel better seeing a few slab inserts that match the date & grade of individual pieces to go along with the sale. At the very least it would add a bit of assurance to the purchaser.
$5 Indians have been heavily conterfeited over the years, no?
Click on this link to see my ebay listings.
<< <i>Think of it as fun and not wisdom.
Liquidity on common circ gold isn't there. If it's in any way to be a "bullion" holding, abandon the idea.
I had a pile in a leather coin wallet but replaced them with sovereigns.
US gold IN the slabs is far to be preferred over a tube of loose coins.
But, as I say, if it's for FUN go for it. >>
This would be a GREAT item to use when walking acrossed borders! you should sell these on the BST!
(x2,Meltdown),cajun,Swampboy,SeaEagleCoins,InYHWHWeTrust, bstat1020,Spooly,timrutnat,oilstates200, vpr, guitarwes,
mariner67, and Mikes coins
Very cool!
I knew it would happen.
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
In honor of the memory of Cpl. Michael E. Thompson
<< <i>Isn't it just way cool to have a stack like that? I recall in the early 1970s my aunt and uncle had a loose leaf binder of the type that we all used in school and in it they had page after page of plastic sheets that each had a gold coin within a mylar 2x2 neatly tucked into every holder in the book. It was amazing. >>
I bought a collection that contained a book just like that. I kept it too. Bought that collection of gold coins when gold was in the $500 range which is best of all and makes me giggle when I think about it
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
I bet it has some heft to it and feels awsome to jingle in a leather pouch.