Originally Posted by livtocruz (Post 1826693)

The new limit is ok with me as I finally got mine. Unlike HE who will not be named, Shortstack, :15_1_70v: I will not be touching mine. It's off to NGC. Even my wife is impressed and did not balk at the price.

Originally Posted by C&L 1911 (Post 1826709)

Watch the eBay prices plummet in the next few days/weeks as speculators try dumping their UHRs like hot potatoes...

:565:

Originally Posted by HistoryStudent (Post 1826712)

Don't GIVE ole SHORTSTACK the short end of the stick. Maybe he just LOVES to fondle UHR gold things so they can be graded later at MS60, :4_1_72:right?

Heck, he'd have the lowest Mint State UHR Double Eagle graded that way.

Sometimes we all get too excitied with our gold held closely, quietly, safely, and securely.

Buy some cotton gloves and invite SHORTSTACK over for a UHR FRISBE throw and lose value game.

:ok::111::111:

Originally Posted by shortstack (Post 1826726)

I took my coin out, held it without gloves, and still got a first strike MS70 from PCGS. I held it by the edge of the coin for the most part, but did run my index finger over the face of the coin, (as a blind person might do) to experience the curvature of the coin face.

Originally Posted by shortstack (Post 1826726)

I took my coin out, held it without gloves, and still got a first strike MS70 from PCGS. I held it by the edge of the coin for the most part, but did run my index finger over the face of the coin, (as a blind person might do) to experience the curvature of the coin face.

Originally Posted by HistoryStudent (Post 1826836)

Imagine 10,000 gold - IT COULD HAPPEN :yes:

Imagine $200 silver - IT COULD HAPPEN :yes:

Originally Posted by shortstack (Post 1826726)

I took my coin out, held it without gloves, and still got a first strike MS70 from PCGS. I held it by the edge of the coin for the most part, but did run my index finger over the face of the coin, (as a blind person might do) to experience the curvature of the coin face.

Originally Posted by voidus (Post 1826614)

These coins are simply impractical. They do not stack. They do not slide easily across the counter.

Originally Posted by rodzm (Post 1826883)

Imagine $20 loaves of bread...IT COULD HAPPEN :cry1:

Originally Posted by SirSilverOzzyyzzO (Post 1835957)

When you think about it, you are getting beat for $30.00 compared to a one

ounce G.A.E., and one day that $30.00 difference may be the difference between your new house or your new shack...bancha

Originally Posted by BoatingAccident (Post 1836177)

Well, I first read this thread...I thought great, so much for the rarity of this coin.

Then I realized some, I really don't care. I originally bought this coin to flip it, and get a quick profit. When I got the coin, and held it in my hand admiring it's beauty, it felt like owning a piece of history.

This is our year boys...we bought this coin in the only year it will be minted.

I'll never sell mine now. This coin is my 'baby'. All others, bullion.

It's good to have one coin that has sentimental value, and the UHR is that coin for me.

Originally Posted by voidus (Post 1826614)

Dream fulfilled; now we just count
Posted by Dave

Six months after the US. Mint began selling the Ultra-High-Relief Saint-Gaudens $20 gold pieces, it will increase the number of coins collectors can order from one coin per household to 10.

The new limit becomes effective July 27 at noon Eastern Daylight Time.

This step is both logical and expected. Anybody who wanted to get one has had the opportunity buy one since the coins went on sale Jan. 22. Anyone who might have wanted to attempt to corner the market amid the excitement of the initial release has been prevented from doing so.

With roughly 70,000 sold, the coin is fairly widely distributed for something priced at $1,289. But in a way it is a ticket into the dreams of the artist, Augustus Saint-Gaudens who died in 1907, and President Theodore Roosevelt. Roosevelt wondered why a great nation at the beginning of the 20th century could not create a coinage to equal the beauty of what was produced over 2,000 years ago in ancient Greece.

Collectors know that it wasn�t ability that was lacking. It was bankers and merchants who killed the high-relief idea.

These coins are simply impractical. They do not stack. They do not slide easily across the counter. The high points would look vandalized very quickly under such conditions. (And wear reduces the actual gold weight of the coin.)

So the original Saint-Gaudens $20 design remained an unsatisfied dream of many collectors for 100 years. Mint Director Ed Moy shared the dream and made it come true.

Am I getting too dreamy here as well? Well, a work of numismatic art can do that.

There. Back to counting. If you want 10 :yes:, your wait is nearly over.

http://blog.numismaticnews.net/buzz/...h,2009-07.aspx

Originally Posted by Apocalypto (Post 1836052)

Well, using that logic, all one ounce coins should cost the same, and they don't. That's the nature of the market. Are you also getting beat if you buy an SAE over a Krugerrand?

The concept is that one day the UHR will increase in value at a higher ratio than the SAEs because the UHRs are in much fewer numbers, and are unique.

Originally Posted by Apocalypto (Post 1836052)

Well, using that logic, all one ounce coins should cost the same, and they don't. That's the nature of the market. Are you also getting beat if you buy an SAE over a Krugerrand?

The concept is that one day the UHR will increase in value at a higher ratio than the SAEs because the UHRs are in much fewer numbers, and are unique.

Originally Posted by Ragnarok (Post 1839101)

Is that conditional on one agreeing to be a "backup supply vendor" in case they run out....AGAIN? :sarc:

R.:tongue_ma: