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If you could only buy one gold coin this year...
I'd like to buy one (and my first) gold coin this year, doubt I will be able to afford 2. I'm stuck between the UHR and the Proof Buffalo.
Which one would you buy and why? |
Re: If you could only buy one gold coin this year...
If you doubt you can afford more than one gold coin this year, why are you choosing between two high-premium coins?
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Re: If you could only buy one gold coin this year...
1787 Brasher Doubloon
http://www.coin-gallery.com/graphics/brasherlo.gifhttp://www.coin-gallery.com/graphics/brasherlr.gif Composition: Gold, .917 Fine. Diameter: 28.6mm. Weight: 26.6 grams. Edge: Plain. Last sold at public auction by Stack's for $625,000 in March 1981. In 1787, Ephraim Brasher was granted a petition to mint copper coins in New York State. Brasher, a goldsmith and silversmith, was already quite highly regarded for his skills. In fact, George Washington was one of his clients as well as a neighbor at one point in time. Brasher struck various coppers, in addition to a small quantity of gold coins, over the next few years. Keep in mind that the official United States Mint was not to become a reality until 1793 for all intents and purposes. The lack of readily available, full-weight, non-counterfeit coinage, was a major problem in this historically significant point of our nation's growth. Brasher's hallmark was highly significant in early America. Not only did he mark his own gold coins, but he also stamped other coinage sent to him for assay. When Brasher's mark was present on a coin, it would "pass" without question. This was a very nice feature to have when one takes into account the level of "crapola" that was attempting to pass as "good" coinage. Some people show no lack of creativity in cheating their fellow man. Counterfeiting and clipping small (and sometimes not so small) portions of coins was quite widespread in colonial times. It is helpful to remember that the intrinsic value (fineness and weight of the metal) was the single most important aspect to coinage of the period. In other words, the issuing body wasn't such a major factor in whether or not the coin would be accepted at time of purchase. If a seller wished to refuse a coin, he was certainly well in his rights to do so. Again, because of his expertise and track-record, a coin with the Brasher hallmark was certain to pass in the channels of commerce. The hallmark "EB" represents its maker, Ephraim Brasher. This is the ONLY KNOWN SPECIMEN with the hallmark on the eagle's breast. Other Brasher Doubloons, of which very few are known, have the hallmark on the eagle's wing. No one is quite sure why this is the only specimen known to exist with "EB" on the breast. Was this his personal piece? A special coin for someone special in his life? A customer request? We will probably never know for sure. In the 1940's, Raymond Chandler authored a novel entitled The High Window about the coin. A few years later, a movie with the apt title The Brasher Doubloon was made. Unfortunately, the entertainment industry sometimes thinks it must fictionalize important historical events to "sell" it to the "ignorant" public. The true story surrounding this coin needs no media hype as it stands on its own merits. In 1792, a year before minting actually began at the Federal mint, Brasher did assay work for them, probably of foreign specie to be melted for recoinage. He earned a handsome $27 for these efforts! A Brasher Doubloon currently residing in the National Numismatic Collection of the Smithsonian Institution was discovered on its way to the melting pot in 1838. It was rescued from a group sent to the mint for melting. By 1875, three others had been discovered, including the present specimen. Charles I. Bushnell was the lucky collector to have gained possession of the "ultimate spotlight in all of numismatics". In that year, a book noted its uniqueness. "...four of the Doubloons have come to our knowledge; they are owned by Mr. Bushnell, Mr. Parmalee, Mr. Stickney, and the United States Mint at Philadelphia.; the first has the punchmark on the breast of the eagle." In 1882, the unique Bushnell specimen was first offered for sale. It created so much excitement in the numismatic community that the price soared to a record $505 before the auction hammer finally fell. Edouard Frossard, a famed coin dealer of the time, purchased the coin as a representative of T. Harrison Garrett. This coin remained in the Garrett family for nearly a century when it was given to the Johns Hopkins University along with the entire Garrett collection. The Johns Hopkins University sold the collection during 1979-81. Pedigree: Busnell-Garrett-Parrino Specimen. |
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Re: If you could only buy one gold coin this year...
I would get the Ultra High Relief St. Gaudens if I had the dough to buy one.
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Re: If you could only buy one gold coin this year...
A normal AGE
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Re: If you could only buy one gold coin this year...
Yep! But Potato chip's value don't appreciate over time...
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Re: If you could only buy one gold coin this year...
id go buffalo..the ultra high relief doesnt do it for me
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Re: If you could only buy one gold coin this year...
Pre-1933 US gold
http://www.apmex.com/Category/507/Pre_1933_US_Gold.aspx Or European gold coins http://www.apmex.com/Category/158/Go...ean_Coins.aspx There is more to it than you think. It is real money. The new ones are not they are just gold coins with $ on them. |
Re: If you could only buy one gold coin this year...
from a numismatic p.o.v. and since i'm forced to choose...
the UHR! with that said, if building a set and if you have the '06-'08 proof buffs, i'd stay with the '09buff. and overall... both |
Re: If you could only buy one gold coin this year...
Love your avatar Nomoss lol
I vote for 1908 "no motto" Saint, but I'd take a UHR out of the poll options listed. |
Re: If you could only buy one gold coin this year...
I already bought 2 UHRs and a 2009 Buffalo but not proof. I cant see myself paying the premium on the proof Buffalos. Hopefully im not wrong on this but I'd rather save the money and buy something like a 1/4 oz 2009 GAE.
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Re: If you could only buy one gold coin this year...
A nice shiny new Krugerrand.
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Re: If you could only buy one gold coin this year...
1 Attachment(s)
Only one gold coin all year?? I guess it would have to be this one then.
Attachment 81621 Do you think I can get it delivered? |
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depends on what is your plan. I would stick to AGE, easy to sell. I forgot to tell u I choose 09 buffalo.
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Re: If you could only buy one gold coin this year...
It's not on the list but this is one I wouldn't mind owning,the only colorized coin I really dig.
http://i141.photobucket.com/albums/r...LLAR-COIN-.jpg to bad the RCM doesn't stamp the weight and purity on these coins though |
Re: If you could only buy one gold coin this year...
a BU maple leaf with the proof-like surfaces. 1 oz of .999 gold. delicious. better than maple syrup.
http://www.coin-rare.com/images/prod..._Gold_Coin.png |
Re: If you could only buy one gold coin this year...
A 1kg Lunar Dragon coin
<TABLE cellSpacing=0 cellPadding=0 border=0><TBODY><TR><TD class=vs_w-a><CENTER>http://i.ebayimg.com/01/!BeL5yH!!2k~...Kg7wQ~~_35.JPG</CENTER> :36_3_13: </TD></TR></TBODY></TABLE> |
Re: If you could only buy one gold coin this year...
prophet, you may want to consider this one for collection as well.
http://www.pandaamerica.com/upd_imag...dragon_5oz.jpg |
Re: If you could only buy one gold coin this year...
Thanks for the comments guys. I've decided to try and get a UHR by the end of the year. Actually am watching a MS70 FS on eBay, seeing if it'll go for a reasonable price. Otherwise I'll order direct for the mint.
IMHO the UHR looks nicer than the Buffalo, but thats just my opinion. |
Re: If you could only buy one gold coin this year...
I would get an old and dirty GAE instead.
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Re: If you could only buy one gold coin this year...
What's going on around here? Another thread says I can only buy one gun, and now I find out that I can only buy one coin this year. Help!
Okay, I'll take one of those kilogram gold Maple Leafs - or was it Perth Mint that was making them? Happy? :mad_m: |
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Make a hell of a slab... :signs14::111: Maybe a UNIQUE head stone? |
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Note; Putting a UHR side by side with the 1908 St Gaudens is incredible. Only difference is that the 1908 has no motto. (cool) |
Re: If you could only buy one gold coin this year...
Seriously I would PICK a 1907 "HIGH RELIEF" Saint - in MS68 graded or higher in a PCGS slab...
But it "ain't" gonna happen - :cry1::cry1: $300,000.00 is a few too may cabbages... Cause I don't got enough even with all the paper hitting the banks - I'm NOT a counterfeit bank... banchabanchabancha:hahaha:be happy be content enjoy what you have and have a glass of wine for old HS |
Re: If you could only buy one gold coin this year...
Just realized that this was an old thread of mine. I ended up buying the UHR (my first gold coin) and don't regret it one bit.
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