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Gold coin help.

yanyak5yanyak5 Posts: 1,383 ✭✭✭
in Precious Metals
My parents are looking to sell about 6 of these. Not sure if spot price, higher, or lower should be expected. Each coin is 1oz. Here's a pic of the front of one of the coins. Any help is appreciated.

[URL=http://s613.photobucket.com/user/lauriontj/media/3D15F2BE-C53C-4569-9DF3-D4546B71DB89_zpsu4hjvjwk.png.html]image[/URL]
Looking for an 8x10 auto photo of junior celebrating his 100 HR. lmk!

Comments

  • derrybderryb Posts: 37,064 ✭✭✭✭✭
    Burnished (non-proof with the W mintmark) American Gold Eagle. Came in all four sizes with a cardboard box and COA purchased directly from the mint. I believe the capsuled coin was also in a blue pouch this particular year if purchased as a single coin and not as the four coin set.

    current ebay prices

    Highest mintage of all the burnished versions. Gold Eagle mintages

    Exit bunker, enter Matrix. LOL

  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭
    Sweet !!! :-)
    Timbuk3
  • tinstins Posts: 23


    << <i>Sweet !!! :-) >>



    Let them know spot price is roughly $1210/oc
    Ask for the son discount at an ever 1200/each = $7200 is enough to make most parties happy.
    (and it stays in the family)
    I like rice. Rice is great when you're hungry and you want 2,000 of something.
    -Mitch Hedberg
  • jmski52jmski52 Posts: 22,958 ✭✭✭✭✭
    In derryb's ebay link, the closest ones to your mom's coins would be the PCGS MS-69 coins. And not the reverse proof versions. It looks like the ebay asking price is somewhere around $1,585 for a certified coin, and that's only an asking price - not a sold price.

    Your uncertified coins should be sellable to a third party in an arm's length transaction for somewhere between $1,250 and $1,350 depending on how bad the buyer needs/wants the coin(s).

    The market isn't a seller's market right now, so the most likely price will be near the low end of that range. Your mom will still have a profit from the original purchase price, so the gold did it's job.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Definitely shop around....get several prices.... however, reconfirm the price if you did not receive the quote the day you go to sell.... prices fluctuate. Cheers, RickO
  • derrybderryb Posts: 37,064 ✭✭✭✭✭


    << <i>It looks like the ebay asking price is somewhere around $1,585 for a certified coin, and that's only an asking price - not a sold price. >>



    MS 69 can be had for $1356

    Exit bunker, enter Matrix. LOL

  • BAJJERFANBAJJERFAN Posts: 31,098 ✭✭✭✭✭


    << <i>

    << <i>It looks like the ebay asking price is somewhere around $1,585 for a certified coin, and that's only an asking price - not a sold price. >>



    MS 69 can be had for $1356 >>



    One can buy NGC 69s from APMEX for $1326. They are OOS on the raw coins with no buy price listed. Raw 2006 AGEs are listed at $1316. I don't think there is much premium on them. IMO a fair price is the $1224 that APMEX is paying for random year 1 ounce AGEs.
    theknowitalltroll;
  • CCHunterCCHunter Posts: 149 ✭

    One can buy NGC 69s from APMEX for $1326. They are OOS on the raw coins with no buy price listed. Raw 2006 AGEs are listed at $1316. I don't think there is much premium on them. IMO a fair price is the $1224 that APMEX is paying for random year 1 ounce AGEs. >>



    I'd agree with Bajjerfan... The current spot price of gold at the time of this message is $1202, so $22 over spot price is not too bad.

    JMHO...
    BST References upon request... Have Ebay rating of 3100+ w/100% positive FB.



  • rawteam1rawteam1 Posts: 2,472 ✭✭✭
    the longer you wait the less you will get, you want to sell?, for the typical buyer your liquidity is at spot...
    keceph `anah
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