Awesome pickup! The coin looks wonderful and I can’t wait to see the Trueview! Such a scarce coin and I really love that it was actually used in commerce. So much character and nice eye appeal to boot. The stories that coin could tell... Well done!
@asheland said:
Thanks everybody! This is a huge deal for me. I’m more of the “few hundred dollar coin budget” typically. I figured, why not... this is impressive and historical. I love it!
Yeah, same idea for me. When I had the opportunity to pick up the last piece of Charlotte gold I bought I let go of a little bit of 90% a day or two later. My "budget" sounds similar to yours... unless something crazy happens I can always pick up more 90% but like your deal, the price on the Charlotte gold was too good to pass up.
Anyway, if you change your mind and decide to sell her, judging from the comments here you can find plenty for buyers right here.
Hopefully, you've had the silver bars for awhile and they've gone up in value with the bullion Market. That would be icing on the cake. But even if you were into the bars at the current spot price, I think you made an Excellent trade.
Maybe silver goes up. Maybe the rare coin market goes down. Regardless, I think having a piece of 18th century gold would be a highlight of many collections.
Now you need to get working on the rest of the 18th Century gold type set
@Oldhoopster said:
Hopefully, you've had the silver bars for awhile and they've gone up in value with the bullion Market. That would be icing on the cake. But even if you were into the bars at the current spot price, I think you made an Excellent trade.
Maybe silver goes up. Maybe the rare coin market goes down. Regardless, I think having a piece of 18th century gold would be a highlight of many collections.
Now you need to get working on the rest of the 18th Century gold type set
Actually I did excellent, I almost doubled the value that I had in the bars. It puts me in this coin well below wholesale.
@asheland said:
Actually I did excellent, I almost doubled the value that I had in the bars. It puts me in this coin well below wholesale.
Naw ... that's not really how economics works. You traded current fair value. Okay ... now that that's out of the way ... great trade. The character, history, and romance of that Eagle are monumental in comparison to the sterility of the silver bricks.
Numismatist Ordinaire See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
Congrats! That’s an aspirational coin for most of us. Getting that coin for such a low cost basis is a huge win. I get the opportunity cost and today’s value, but since you’re a collector, I think you’re good to consider your position to be exactly as you stated it.
Turning silver bars into a numismatic rarity is an amazing win. When silver was at $28ish (2008?) I sold a bunch of (mostly) junk 90% and bought a 14D Lincoln. I’ve never missed those dimes. The fact that I got them when silver was more like $4 only makes it sweeter to me.
I consider myself to be a stacker/collector. I sold off a large portion of my silver bars and rounds a while back and purchased gold coins with the funds. I have never regretted it! Storing silver can be a royal PITA if you have a lot of it.
Terry-- that is a great score! The coin you have acquired is extraordinary, and your deal left you the winner my opinion. I wish I had that coin! Great job!
That's a great coin! Since reholdering was a part of the deal, it would've been awesome to crack it + play around with it for a bit before sending it off again.
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It's really so nice
jewelry stores near me
Nice classic gold. I think you did good.
Very nice and a real piece of history.
Awesome pickup! The coin looks wonderful and I can’t wait to see the Trueview! Such a scarce coin and I really love that it was actually used in commerce. So much character and nice eye appeal to boot. The stories that coin could tell... Well done!
Gorgeous coin, a nice piece of 18thc. US gold is a dream coin for me. Congrats on your astute trade!
That is a beautiful gold coin....Wow.... Congratulations on a super acquisition. Cheers, RickO
Yeah, same idea for me. When I had the opportunity to pick up the last piece of Charlotte gold I bought I let go of a little bit of 90% a day or two later. My "budget" sounds similar to yours... unless something crazy happens I can always pick up more 90% but like your deal, the price on the Charlotte gold was too good to pass up.
Anyway, if you change your mind and decide to sell her, judging from the comments here you can find plenty for buyers right here.
Mark
Good trade! Nice bust gold!
Hopefully, you've had the silver bars for awhile and they've gone up in value with the bullion Market. That would be icing on the cake. But even if you were into the bars at the current spot price, I think you made an Excellent trade.
Maybe silver goes up. Maybe the rare coin market goes down. Regardless, I think having a piece of 18th century gold would be a highlight of many collections.
Now you need to get working on the rest of the 18th Century gold type set
Good trade.
I did actually, just for fun...
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Nice! I think you made the right choice!
Actually I did excellent, I almost doubled the value that I had in the bars. It puts me in this coin well below wholesale.
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Thanks everybody!
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I would have made that deal. That is one sweet problem free piece of early gold!
An interesting thing I noticed, when looking at Photograde, my coin is the one for the VF25.
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Congratulations, great coin!
Ya done good.
That's a keeper!
100% Positive BST transactions
Great decision!
That's gorgeous!! Congratulations!
I finagled a way to get an 18th century eagle too. They're immensely cool. Congrats.
I’d love to see it! 👍
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Hellova coin, cool example of a type many collectors aspire to someday own and very few ever do. Congratulations!
Liberty: Parent of Science & Industry
A no brainer, good move. Sweet coin.
Naw ... that's not really how economics works. You traded current fair value. Okay ... now that that's out of the way ... great trade. The character, history, and romance of that Eagle are monumental in comparison to the sterility of the silver bricks.
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
The OP's coin sold via Heritage not too far back. The sale price wasn't so far off the current spot price of silver X 500.
Their photos are pretty nice too:
Congrats! That’s an aspirational coin for most of us. Getting that coin for such a low cost basis is a huge win. I get the opportunity cost and today’s value, but since you’re a collector, I think you’re good to consider your position to be exactly as you stated it.
Turning silver bars into a numismatic rarity is an amazing win. When silver was at $28ish (2008?) I sold a bunch of (mostly) junk 90% and bought a 14D Lincoln. I’ve never missed those dimes. The fact that I got them when silver was more like $4 only makes it sweeter to me.
Watch out! I'm sending my sticky fingered ferret to Asheville!
I consider myself to be a stacker/collector. I sold off a large portion of my silver bars and rounds a while back and purchased gold coins with the funds. I have never regretted it! Storing silver can be a royal PITA if you have a lot of it.
If there's a coin I would love to own then there's really no hard feelings with parting other things congrats 🙂
Thanks everybody!
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Terry-- that is a great score! The coin you have acquired is extraordinary, and your deal left you the winner my opinion. I wish I had that coin! Great job!
Fair deal. Nice pickup and certainly more interesting than silver bars
That's a great coin! Since reholdering was a part of the deal, it would've been awesome to crack it + play around with it for a bit before sending it off again.
Thanks.
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Great trade, asheland. Congratulations.
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
Yolo
https://www.pcgs.com/setregistry/collectors-showcase/date-sets/hashtags-prefect-coin-grading-service-1879/album/7621
Still eagerly awaiting my coin back in the new gold shield holder, but in the meantime I got the reference...
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Better investment IMHO.
Rare, early gold will continue to soar and it’s almost impossible to find.
You did well.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Terry,
A nice coin. Some advantages in working in a coin shop eh?
DPOTD-3
'Emancipate yourselves from mental slavery'
CU #3245 B.N.A. #428
Don
Great looking coin!
Not bad for trading some bullion!
Well done!
Not really looking for much these days but if I were, it might be a toner.
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