Options
Advice needed on selling 2006-W Proof $10 Gold Eagle
JJHulin
Posts: 82
I have been offered 375 for this coin. Should I take it?
PCGS has it listed at $400 unless it grades 67 or better.
PCGS has it listed at $400 unless it grades 67 or better.
0
Comments
PCGS Link
edited to add: Oooops, sorry....I see that you have a 1/4 ouncer!!!
and yes, I would pass on $375!!!!!!!
the going rate now.
not buying as a collector coin at all.
they were as high as $2200/oz proof gold briefly last year when demand for proof gold from precious metal ira's was huge.
so 550 on the high side.
Jay
How fair? At a mere 10% more than the offer ($412.50 for 1/4 oz. of proof gold), I could probably buy $50,000 -$100,000 worth of those coins for a board member who thinks that would be a good deal tonight. Tomorrow is another day and different prices. I am just a PM away
Wondercoin
You are fantastic to deal with!
Jay
Clackamas - (or anyone else out there) ... do you know what the last PR70DC of this date sold for and when?
TRY YESTERDAY at auction for $345 including the 15% buyers' premium!! That was in a PCGS holder as well. I bought a number of proof gold coins yesterday but had -0- interest in bidding $25 higher to win this coin in PR70DC as that would have been $373.75 and I would have had to find JJHULIN's buyer to make about $1.25 profit at that level!!
Wondercoin
<< <i>"especially for an 06-W. the coin could easily be a PF70, probably a 50/50 and worth $700+."
Clackamas - (or anyone else out there) ... do you know what the last PR70DC of this date sold for and when?
TRY YESTERDAY at auction for $345 including the 15% buyers' premium!! That was in a PCGS holder as well. I bought a number of proof gold coins yesterday but had -0- interest in bidding $25 higher to win this coin in PR70DC as that would have been $373.75 and I would have had to find JJHULIN's buyer to make about $1.25 profit at that level!!
Wondercoin
l; >>
Well thats a retard sale and you know it. Selling for less than melt, anyone would buy that all day long, its an anomaly and hardly representative of the market. I found the sale, on teletrade, some moron should have put it on Ebay instead, teletrade is dead right now. Heck of a deal, less than melt for PF 70 gold, there is no one here that would not take that. It had been almost a year since the last one sold on teletrade, no one had searches for the coin, hey a new strategy, look for things that don't sell often and but below melt bids on them. I like it.
I bought about $10,000 worth of other proof gold coins in the sale yesterday, but passed on this one in a PCGS-PR70DCAM holder. At present, IMHO the coin is worth nearly as much in a nice clean box fresh raw as it is in a PCGS-PR70DCAM holder. And, as a aside, this is a very good example of why buying PR70DC coins can often be very smart despite what you read.
Wondercoin
(edited to add ... comment written up before previous post was edited)