In my opinion, the flaw behind price guides is that they attempt to commoditize coins. In their eyes, all 1904 double eagles graded MS64 are worth the same. However, we know this is not the case.
The 19 different Liberty Head double eagles struck at the Carson City mint between 1870 and 1893 form one of the most popular series in American numismatics.
The New Orleans mint produced Liberty Head half eagles from 1840 through 1857 and again from 1892 through 1894. There were a total of 16 different issues constituting three distinct types.
Of the four denominations struck at the Dahlonega mint, half eagles are the largest in size and have—by far—the most struck; both in terms of individual dates and total produced. This denomination was made from 1838 through 1861, and there were a total of 26 issues.
I don’t write as often about San Francisco gold coinage as I do about the southern branch mints, but I buy and sell a lot of rare San Francisco issues in all denominations and I have a good overall handle on the health of this market…
There are gold coins and there are Iconic Gold Coins. These are issues which due to their rarity, beauty, backstory, or date of issuance hold a special position in the heart of gold coin collectors.
Let’s say an upscale collector makes a decision to put together a complete 13-coin set of New Orleans double eagles. Putting monetary concerns aside, is it possible in 2018 to even bother to attempt this project?
