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Thread: Pre-33 gold vs bullion

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    Iridium
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    Pre-33 gold vs bullion

    Hmm....I have, now shipped to me, a $10 random date Indian head pre-33 eagle for less than the cost of modern bullion. The coin is said to be in VF condition, from a very well reviewed seller.

    A 1/2 oz gold eagle is selling for maybe $15 dollars more.

    Still, I'm excited because I've wanted one of these coins for quite some time, but never wanted to pay the high premium for them. It seems like the premiums on pre-33 gold may be going back down.

    Any thoughts?
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    Moderator madfranks's Avatar
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    Re: Pre-33 gold vs bullion

    I prefer pre-33 gold any day of the week to modern bullion. Each coin has a different story behind it.
    "Liberty is so creative, and the government is so stupid, that I’m very optimistic about the future"
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    Dangerous Donald Neuro's Avatar
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    Re: Pre-33 gold vs bullion

    Quote Originally Posted by Hitch View Post
    Hmm....I have, now shipped to me, a $10 random date Indian head pre-33 eagle for less than the cost of modern bullion. The coin is said to be in VF condition, from a very well reviewed seller.

    A 1/2 oz gold eagle is selling for maybe $15 dollars more.

    Still, I'm excited because I've wanted one of these coins for quite some time, but never wanted to pay the high premium for them. It seems like the premiums on pre-33 gold may be going back down.

    Any thoughts?
    Good deal Hitch. Was it from eBay? Post pics when you get it!

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    Iridium
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    Re: Pre-33 gold vs bullion

    prefer the old money to the modern not money. the ten dollar indian is personal fave

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    Great Value Carrots hoarder's Avatar
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    Re: Pre-33 gold vs bullion

    I prefer the most metal for my FRN's.

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    Re: Pre-33 gold vs bullion

    Agreed but there's something about the old gold money that makes the additional premium a bit easier to swallow. Double eagles, eagles, half eagles, quarter eagles.....all very cool items and you know they're original
    Quote Originally Posted by hoarder View Post
    I prefer the most metal for my FRN's.
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    Moderator madfranks's Avatar
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    Re: Pre-33 gold vs bullion

    Quote Originally Posted by Neuro View Post
    Good deal Hitch. Was it from eBay? Post pics when you get it!
    I just got this email from JM Bullion - looks like it's them. Pre-33 $10 eagles XF condition on sale now for $620 each, which is like $25 over spot!

    https://www.jmbullion.com/10-liberty-gold-eagle-xf/
    "Liberty is so creative, and the government is so stupid, that I’m very optimistic about the future"
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    Re: Pre-33 gold vs bullion

    I just ordered four of them, paid just over 1 bitcoin for them. What's funny is this, my first bitcoins I bought for $40 each, so I like to think that I just spent a bitcoin I paid $40 for to get these four $10 gold eagles, so really if you think about it I just purchased four $10 gold eagles for face value!!
    "Liberty is so creative, and the government is so stupid, that I’m very optimistic about the future"
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    Re: Pre-33 gold vs bullion

    Quote Originally Posted by madfranks View Post
    I just got this email from JM Bullion - looks like it's them. Pre-33 $10 eagles XF condition on sale now for $620 each, which is like $25 over spot!

    https://www.jmbullion.com/10-liberty-gold-eagle-xf/
    That's an even better deal than I got. You can't get a 1/2 oz bullion coin for that price. I've never seen Pre-33 gold at bullion prices before, I wonder if the market just got flooded with $10 eagles. There has to be a reason for this.
    life is good.

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    Re: Pre-33 gold vs bullion

    Quote Originally Posted by Hitch View Post
    That's an even better deal than I got. You can't get a 1/2 oz bullion coin for that price. I've never seen Pre-33 gold at bullion prices before, I wonder if the market just got flooded with $10 eagles. There has to be a reason for this.
    Yeah, I've been keeping my eye on pre-33 prices for years, ever since I started collecting, and I don't remember a time before this when such coins were actually less than modern bullion!
    "Liberty is so creative, and the government is so stupid, that I’m very optimistic about the future"
    - Lew Rockwell

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