Best Dealers for...
Cladiator
Posts: 18,254 ✭✭✭✭✭
Who's good for common date, minimal premium, numismatic gold. Not AGE's or other bullion and not high grade and/or rare collector numsimatic gold. Just your plain Jane Liberty & Indian Quarter Eagles, Half Eagles and Eagles. Slabbed by the top 3 is preferred as counterfeits are rampant. I keep hearing on this forum about these coins near melt but sure haven't seen very many.
I was thinking Harlan Berk would be the man but the only stuff I see there near melt is cleaned and/or damaged raw coinage.
I was thinking Harlan Berk would be the man but the only stuff I see there near melt is cleaned and/or damaged raw coinage.
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<< <i>Gainesville Coins comes to mind. >>
Checked 'em out. The cheapest slabbed Quarter Eagle they have is $425, not exactly what I'm looking for when melt on the coin is about $115.
<< <i>The cheapest slabbed Quarter Eagle they have is $425, not exactly what I'm looking for when melt on the coin is about $115. >>
If I'm looking for generic, common classic gold and I want to get it close to bullion value, quarter eagles are the worst pick. The eagles and double eagles are considerably closer to melt.
eBay has lots of Quarter Eagles in the $250 range, much cheaper than Gainesville. I was hoping to find a non-eBay dealer that offered the same or better. Wanting to not have to deal with the crap associated with eBay.
Harlan J Beck
Coin Rarities Online
I'd say that bigger dealers are more likely to carry and advertise these coins in MS grades, while they'd really only be likely to buy these coins in XF/AU if they had a ready buyer for them (either wholesale or retail). Also, given a quick look at the pop tables, I'd say that there are a lot fewer of these coins slabbed in XF/AU - there's just not enough money in doing so.
I'd suggest that you visit a few of the larger (say 50+ tables) local or semi-local coin shows in your area and get a dealer to point you to the guys who do gold in volume. They wouldn't have the marketing costs of the national-type dealers and they might give you a good price for cash purchases.
We have a guy like that at the Parsippany show - he regularly carries raw and slabbed US and world gold coins and always has a nicely filled display case. I'd say that all of his slabbed gold is in MS grades, but he'd be the guy I'd ask and I'd expect that he could find what I wanted from his regular contacts.
Check out the Southern Gold Society
<< <i>BTW counterfeits are really only a major problem with the $2.5 and $5 Indians. They exist for the other mentioned series, but are actually fairly rare. >>
So, you think counterfeit gold $1's and $3's are fairly rare? How about counterfeit Indian gold $10's? How about counterfeit early commem gold coins? Actually, counterfiet US gold coins can be found in all series on a fairly regular basis and they are anything but fairly rare.
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
You will probably have to hunt and get 1 or 2 at a time as you find them.