brigadeer
29th April 2010, 09:07 PM
I have slowly been working on my gold stack since March of '08, when I finally woke up to the economic reality in America. I have stuck with purchasing the more common government issued gold bullion coins (Maples, GAE, Buffs, Kangaroos, Phil, etc).
When making my last purchase, I decided I wanted to try something different and purchased my first Pre-1933 US Gold Coins. I just got them today, a $20 Saint Gaudens Double Eagle and a $5 Indian Head Half Eagle.
They are my new favorite coins, and by a long shot. The Indian Head is really cool IMHO due to the uniqueness of how it was minted, and the Indian Head looks really freakin cool as well.
However, the King of the stack so far is the $20 Saint Gaudens Double Eagle. I got both from Apmex and got the cheapest they had, those being labeled "lightly polished/cleaned", which is exactly what I wanted anyway. I was buying them as bullion coins, not numismatic coins. I did pay a slightly higher premium for it compared to an AGE, but not that much more, less than $50 I believe, and it was well worth it!
Call me corny, but I think it's really cool to hold and own a coin from 1924 (Double Eagle) that was actually put into circulation and was passed along who knows how many times, and if that wasn't enough, it somehow survived Roosevelt's gold confiscation all those years, and made it's way into my hands some 86 years later. If all goes well, it will find it's way into my son's hands when he becomes a man.
Another thing about the Double Eagle, I was really surprised at how big it is. It is the same diameter of a Gold Phil, which I really like! I remember posting on Kitco last year after I got my gold Phil how much I liked it, even more so than the Gold Maple and GAE I already had. I just thought the coin looked so much more substantial with the larger diameter. The Saint Gaudens Double Eagle is just an all around great coin.
It must have been really cool walking around back in the twenties with a few of those jingling around in your pocket, what a feeling I imagine.
When making my last purchase, I decided I wanted to try something different and purchased my first Pre-1933 US Gold Coins. I just got them today, a $20 Saint Gaudens Double Eagle and a $5 Indian Head Half Eagle.
They are my new favorite coins, and by a long shot. The Indian Head is really cool IMHO due to the uniqueness of how it was minted, and the Indian Head looks really freakin cool as well.
However, the King of the stack so far is the $20 Saint Gaudens Double Eagle. I got both from Apmex and got the cheapest they had, those being labeled "lightly polished/cleaned", which is exactly what I wanted anyway. I was buying them as bullion coins, not numismatic coins. I did pay a slightly higher premium for it compared to an AGE, but not that much more, less than $50 I believe, and it was well worth it!
Call me corny, but I think it's really cool to hold and own a coin from 1924 (Double Eagle) that was actually put into circulation and was passed along who knows how many times, and if that wasn't enough, it somehow survived Roosevelt's gold confiscation all those years, and made it's way into my hands some 86 years later. If all goes well, it will find it's way into my son's hands when he becomes a man.
Another thing about the Double Eagle, I was really surprised at how big it is. It is the same diameter of a Gold Phil, which I really like! I remember posting on Kitco last year after I got my gold Phil how much I liked it, even more so than the Gold Maple and GAE I already had. I just thought the coin looked so much more substantial with the larger diameter. The Saint Gaudens Double Eagle is just an all around great coin.
It must have been really cool walking around back in the twenties with a few of those jingling around in your pocket, what a feeling I imagine.