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#3683600 - 12/29/09 07:32 PM If you were going to collect gold dollars....
physics-fan3.14 Offline
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Registered: 01/17/06
Posts: 7104
Loc: Charleston!
How would you do it? As part of the decision making process as to which series to go after next, I'm considering the gold dollars. They are attractive, interesting, and unusual - three of my criteria for my next set. However, a complete set is way beyond my price range, so I'm thinking if I do it I'll do a one-per-date set (which looks to be quite affordable with the proper selection of mintmarks). I suppose my question really is - if I do it, would it make more sense to do an AU set, or a MS-60-62 set. The later dates get pricey, but does AU gold look attractive? I have no experience with gold, so this would be a completely new area for me.
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Proud discoverer of the 1951 Franklin Half Dollar DDR-005

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#3683615 - 12/29/09 07:42 PM Re: If you were going to collect gold dollars.... [Re: physics-fan3.14]
DaveG Offline
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Registered: 02/02/02
Posts: 811
Well, only you can say whether you find AU gold attractive, but I like it.
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#3683625 - 12/29/09 07:47 PM Re: If you were going to collect gold dollars.... [Re: DaveG]
physics-fan3.14 Offline
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Registered: 01/17/06
Posts: 7104
Loc: Charleston!
I guess I should add - if you have any gold dollars, please post them, no matter the grade!
_________________________
I reserve the right to change my mind with new facts, experience, opinions, or viewpoints.





Proud discoverer of the 1951 Franklin Half Dollar DDR-005

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#3683656 - 12/29/09 07:59 PM Re: If you were going to collect gold dollars.... [Re: physics-fan3.14]
James_EarlyUS Offline
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Registered: 09/12/03
Posts: 10916
Loc: St. Louis, MO
 Originally Posted By: physics-fan3.14
I suppose my question really is - if I do it, would it make more sense to do an AU set, or a MS-60-62 set. The later dates get pricey, but does AU gold look attractive?

Heck YES! I would strongly urge collecting in the AU-55/58 range, since such gold dollars are essentially indistinguishable from alleged MS-61/62s. I've cataloged enough hundreds of these diminutive pieces to know that for sure.

Incidentally, the same goes for Indian 2.50s and 5s.
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#3683690 - 12/29/09 08:17 PM Re: If you were going to collect gold dollars.... [Re: James_EarlyUS]
cpm9ball Offline
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Registered: 01/04/05
Posts: 9552
Loc: South Florida
 Originally Posted By: James_EarlyUS
 Originally Posted By: physics-fan3.14
I suppose my question really is - if I do it, would it make more sense to do an AU set, or a MS-60-62 set. The later dates get pricey, but does AU gold look attractive?

Heck YES! I would strongly urge collecting in the AU-55/58 range, since such gold dollars are essentially indistinguishable from alleged MS-61/62s. I've cataloged enough hundreds of these diminutive pieces to know that for sure.

Incidentally, the same goes for Indian 2.50s and 5s.



Jason, are you registered with Scotsman? They always have a lot of nice gold in their auctions.

Chris
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"THE PERSON WHO CAN LAUGH AT HIMSELF ALWAYS LAUGHS LAST!

Joseph P. Machuga, February 28, 1915 - December 12, 1997
Frances L. Machuga, January 2, 1921 - September 29, 2006
Married: December 6, 1941
I love you, both.

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#3683695 - 12/29/09 08:19 PM Re: If you were going to collect gold dollars.... [Re: James_EarlyUS]
comicdonna Online   content
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Registered: 01/07/05
Posts: 10861
Loc: Near Albany NY
 Originally Posted By: James_EarlyUS
 Originally Posted By: physics-fan3.14
I suppose my question really is - if I do it, would it make more sense to do an AU set, or a MS-60-62 set. The later dates get pricey, but does AU gold look attractive?

Heck YES! I would strongly urge collecting in the AU-55/58 range, since such gold dollars are essentially indistinguishable from alleged MS-61/62s. I've cataloged enough hundreds of these diminutive pieces to know that for sure.

Incidentally, the same goes for Indian 2.50s and 5s.

Are these coins that are mentioned pure gold? (999.9)
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#3683703 - 12/29/09 08:23 PM Re: If you were going to collect gold dollars.... [Re: comicdonna]
physics-fan3.14 Offline
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Registered: 01/17/06
Posts: 7104
Loc: Charleston!
 Originally Posted By: comicdonna

Are these coins that are mentioned pure gold? (999.9)


No, they are coin gold, 0.900. They are classic coins from the mid to late 1800s.
_________________________
I reserve the right to change my mind with new facts, experience, opinions, or viewpoints.





Proud discoverer of the 1951 Franklin Half Dollar DDR-005

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#3683713 - 12/29/09 08:26 PM Re: If you were going to collect gold dollars.... [Re: comicdonna]
Coindude Offline
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Registered: 01/14/07
Posts: 2442
Loc: Texas
They are not "pure" gold. I believe they are coin metal and that would be 22 karat? I believe that to be correct. That's pretty much 90%.
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tender cameo, why are you so beloved, why do your devices stand out so lovely with strong contrast, why oh why are you all in my collection, beloved cameo


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#3683720 - 12/29/09 08:28 PM Re: If you were going to collect gold dollars.... [Re: physics-fan3.14]
MorganMan Offline
Talkative?


Registered: 08/20/06
Posts: 679
Loc: South Georgia, US
 Originally Posted By: physics-fan3.14
I guess I should add - if you have any gold dollars, please post them, no matter the grade!






MM
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The more I know about something, the more I know that I did not know as much as I thought I knew that I knew.





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#3683727 - 12/29/09 08:31 PM Re: If you were going to collect gold dollars.... [Re: comicdonna]
cpm9ball Offline
TOTAL NEWBIE


Registered: 01/04/05
Posts: 9552
Loc: South Florida
 Originally Posted By: comicdonna
 Originally Posted By: James_EarlyUS
 Originally Posted By: physics-fan3.14
I suppose my question really is - if I do it, would it make more sense to do an AU set, or a MS-60-62 set. The later dates get pricey, but does AU gold look attractive?

Heck YES! I would strongly urge collecting in the AU-55/58 range, since such gold dollars are essentially indistinguishable from alleged MS-61/62s. I've cataloged enough hundreds of these diminutive pieces to know that for sure.

Incidentally, the same goes for Indian 2.50s and 5s.

Are these coins that are mentioned pure gold? (999.9)


Yep, one mil thick! lol

Chris
_________________________
CHOO CHOO


"THE PERSON WHO CAN LAUGH AT HIMSELF ALWAYS LAUGHS LAST!

Joseph P. Machuga, February 28, 1915 - December 12, 1997
Frances L. Machuga, January 2, 1921 - September 29, 2006
Married: December 6, 1941
I love you, both.

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