Just got my $1 1855 gold piece!

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  JJM Posts: 8,128 ✭✭✭✭✭

  January 29, 2007 7:39AM

  linky help

  👍BST's erickso1,cone10,MICHAELDIXON,TennesseeDave,p8nt,jmdm1194,RWW,robkool,Ahrensdad,Timbuk3,Downtown1974,bigjpst,mustanggt,Yorkshireman,idratherbgardening,SurfinxHI,derryb,masscrew,Walkerguy21D,MJ1927,sniocsu,Coll3tor,doubleeagle07,luciobar1980,PerryHall,SNMAM,mbcoin,liefgold,keyman64,maprince230,TorinoCobra71,RB1026,Weiss,LukeMarshall,Wingsrule,Silveryfire, pointfivezero,IKE1964,AL410, Tdec1000, AnkurJ,guitarwes,Type2,Bp777,jfoot113,JWP,mattniss,dantheman984,jclovescoins,Collectorcoins,Weather11am,Namvet69,kansasman,Bruce7789,ADG,Larrob37,Waverly, justindan

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  ziggy29 Posts: 18,669 ✭✭✭

  January 29, 2007 8:14AM

  Well, as someone who has been putting together an AU-58 type set off and on (before Fletcher started buying everything in sight), I've noticed that in the AU-58 (and to some extent AU-55) grade at least, this is the most vastly overrated type coin. It blows away even the 1853 A&R half in the overpriced department, and that's impressive.
  
  The 1854 and 1855s are seen in AU-55 and AU-58 FAR more frequently than the Type 1s, and WAY WAY more frequently than the Type 3s. Look at any auction of gold dollars in choice AU. I guarantee you 2/3 of them will be Type 2. Yet these are selling for over a grand in solid AU-58, despite being common as dirt. Yes, they are scarcer in MS, which is what puts price pressure on the choice AUs, but still.
  
  I just can't get myself to spend a thousand dollars on a tiny piece of gold which is so ridiculously common. But that's just me -- obviously, a lot of people can, or else it wouldn't be selling for $1000+ in 58.

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  westflorida Posts: 56

  January 29, 2007 11:23AM

  Thanks ziggy29,
  
  You are a definite downer

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  kmcoin Posts: 64

  January 29, 2007 12:17PM

  
  Nice coin!
  
  I'm still trying to figure out what area of us gold to focus. I'm leaning towards putting together
  a liberty head half eagle mint set. Have fun with the gold dollars!
  
  

  "All that is gold does not glitter..."
  -JRR Tolkien

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  mrcommem Posts: 1,213 ✭✭✭✭✭

  January 30, 2007 4:08AM

  That is a nice looking 55 gold dollar. You have picked a tough series to collect even though there are just a handful of coins. You have two big stoppers the coin below:
  
  
  
  and the 1855 C. Both have really jumped in value the past five years.

  Mr Commem
  Overland Trail Collection Showcase
  Dahlonega Type Set-2008 PCGS Best Exhibited Set

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  mrcommem Posts: 1,213 ✭✭✭✭✭

  January 30, 2007 4:18AM

  and a 55 Philadelphia issue.
  
  

  Mr Commem
  Overland Trail Collection Showcase
  Dahlonega Type Set-2008 PCGS Best Exhibited Set

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