Coin Value for 1906-S Double Eagle

drysideshooter

I thought perhaps I should ask this in it's own message.

I have a chance to buy a 1906-S Double Eagle. It is in a PCGS slab, graded MS63. The slab has a light green label, and from what I can tell I believe it's from 1995-1998. I have learned that even amongst graded coins that there can be price variations, but if I can pick this coin up for $1,950 is that a decent deal?

Timbuk3

It's a fair price but a little high.
If you're planning on keeping
it for a while and it's a nice
coin, it might be a "keeper" !!!

drysideshooter

Thanks Timbuk3. I called a semi-local dealer who said he would pay $2,100 for it. I may buy it and take it by his shop next time I am that way or just buy it and keep it. I have one other 1906-S. They have been selling for around $2,400 at auction, and that is what the dealer said as well. He said he though he could sell it for $2,200-$2,400. He said that most folks are buying the more common coins that are closer to melt value, but his guess is that numismatic values will go up in relation to gold again, at least for the more rare coins.

Thanks again.

drysideshooter

Any other value opinions would be very much appreciated.

RYK

I think it is a very good price for a 3 in OGH, all other things being equal.

drysideshooter

Thanks RYK. I am a newbie. What does OGH stand for?

RYK

<< <i>Thanks RYK. I am a newbie. What does OGH stand for? >>


Old Green (label) Holder

drysideshooter

Thanks, it will take me a while to learn the lingo.

From what I have been able to read it sounds like this particular holder was from 1995-1998. The lady that owns the coin inherited it from her grandfather about 8 years ago, so that seems like it could be about right, depending on how long he owned it, which she didn't know.

I verified the number on it on the PCGS website. I didn't see any way to tell what year the PCGS had done the value though. Is there any way to figure that out? I am curious more than anything.

Analyst

DrySideShooter: << have a chance to buy a 1906-S Double Eagle. It is in a PCGS slab, graded MS63>>


I suggest researching prices and also evaluating the relative condition rarity of the issue in other grades, before making a decision. Moreover, it is a good idea to have an expert that you trust evaluate the coin before committing to a purchase. There are several specific factors that should be taken into consideration, not just a coin's overall certified grade.

Important Condition Rarity: The Eliasberg, Probable Finest Known 1906-S Double Eagle ($20 gold coin)

Understanding Classic U.S. Coins and Building Excellent Coin Collections, Part 2: Dipped Coins