Is it better to sell 10 1 oz gold eagles or 10 generic pre 33's?

Last week I sold 10 gold Am eagles.
Before I sold them I was considering selling 10 gold MS63 1924 Saints instead?
Pros & cons or little difference?
Thoughts?
0
Last week I sold 10 gold Am eagles.
Before I sold them I was considering selling 10 gold MS63 1924 Saints instead?
Pros & cons or little difference?
Thoughts?
Comments
Personal preference. I'd keep the eagles.
Either way, history may show you had made the right decision.
For PM sales...I kept the eagles myself when faced with this dilemma before
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
Doesn’t matter to me. I have slabbed of both (no raw) and just refer to CPG in pricing analysis, decision. Either one super for investment.
Both do the job in maintaining gold position / good RCI.
However - At this point in time more inclined maintain investment position on that material / think they on way up due to rising gold spot. But occasionally may retail some.
My question - how much higher gold go?
10 age has more gold than ten $20
i'd keep the age
I'd keep the 1924 Saints.
Dave
The 1924 Saints are slabbed and are very attractive numismatic coins being over 100 years old even though the numismatic premium is now close to zero. If I had to sell some, I would have sold five of each since I like some variety.
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
At today's gold price selling everything may make sense if you have a good alternative use for the money generated. Is gold going to go higher or is it just an overpriced commodity?
What is your definition of "better" in this context?
There are 10 types of people in the world, those who understand binary and those who do not.
If the Saints were hand picked and above average for grade I would sell the AGE's. It takes a lot of time to track down and buy 10 beautiful Saints but AGE's are everywhere.
Successful BST with drddm, BustDMs, Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
Thanks everyone for your comments.
I currently have a 50-50 mix between modern bullion coins, I was receiving gold content minus a slight discount for Eagles or pre 33's so that wasn't really a consideration. Since the net was fairly close I was wondering if I was missing anything? I like the history of pre 33's while moderns do have the 1 oz of gold.
The sale wasn't a prediction on the future of gold but simply funding a portion of my losses on short gold futures.
Excellent question... there's a full ounce of gold in the ASE's but the Saints (ostensibly) have numismatic value. FWIW... my thoughts are that for common date Saints, the numismatic value wouldn't rise above the gold content in an ASE, so ASEs would be the better choice. However, I'm a sucker for pre-'33 gold... lol.
Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
I'd keep the pre-1933 gold coins, esp. if PCGS/NGC/CAC. Those would be doubly certified by both the US Mint and the grading services. A bigger issue than the 3% difference in pure gold is the ability to keep them in a currency/economic crisis not witnessed for 90+ yrs. If gold coins ever get called back in again by the govt, for whatever reason, there's at least precedent from 1933/1934 through the 1960's that the pre-1933 coins were determined to be of special significance, hence "collector" coins.....and could avoid an automatic "turn in." You can at least make a case for this based on historical significance. Former ANA Gov and Attorney David Ganz has discussed this in the past.
The modern bullion eagle/buffalo coins are pretty much just a hunk of gold w/o historical significance other than if you have MS70 certified grades on them. The AGE proof gold coins from 1986 to date could be considered of special significance too, particularly with their mint paperwork.