re: polished and/or cleaned coins

[Joseph]

Provident has $20 Liberty US Mint Gold Double Eagle (1850-1907) Polished or Cleaned for $50 over spot. I'm looking at the coins from a gold content only. So there's .9675 troy ounce of gold in these double eagles.

My question is, do they mention the fact that the coins were polished / cleaned because of numismatics ? I don't know that I should worry about it

Any opinions from the more well known gold whoors here is much appreciated

getting ready to pull the trigger, as the EW (FWIW) says it's time

http://www.jsmineset.com/

Thanks

Joseph

[glockngold]

do they mention the fact that the coins were polished / cleaned because of numismatics ?

yes. The Numis guys want coins that were never touched, & if they got dirty, never cleaned.
Old Gold is cool.
$50. over spot sounds good to me.

[cpthnsolo]

My question is, do they mention the fact that the coins were polished / cleaned because of numismatics ?

YES. However since you're buying them for the stack than you have nothing to worry about. FWIW, I would still treat them with some amount of care as there's always a very remote chance that they send you a better date or an original skin coin. The chances of that happening are slim to none, BUT people have pulled $1000 Morgans out of junk bags before so anything is possible.

[ajr23]

those coins are actually about $100 over spot for the cleaned and polished coins (.9675 x 1650 = 1596 is the gold content value).

[Joseph]

those coins are actually about $100 over spot for the cleaned and polished coins (.9675 x 1650 = 1596 is the gold content value).

damn !!! good catch ijr23. thank you

Joseph

[ajr23]

damn !!! good catch ijr23. thank you

Joseph

:cool:
if you want to buy gold just the gold content then i would look at getting some of the aussie 1oz gold bars which are $30/oz over spot, which is a very attractive price, maples, AGE and krugs are always good also.
http://www.providentmetals.com/perth-mint-1-oz-gold-bar-with-assay-card.html

[sandro]

YES. However since you're buying them for the stack than you have nothing to worry about. FWIW, I would still treat them with some amount of care as there's always a very remote chance that they send you a better date or an original skin coin. The chances of that happening are slim to none, BUT people have pulled $1000 Morgans out of junk bags before so anything is possible.

I can tell you from personal experience that I've got commemorative halves (1923 Monroe, 1920 Pilgrim, 1925 Stone Mountain, 1892-3 Columbian, Carver and Washington) as well as Seated Liberties and Bust Liberty half dimes/dimes/quarters/halves from junk lots; also a VG US 1921D dime, a BU 1947ML Canadian half, a 1902B XF British trade dollar (real not Chinese fake), a VF 1902 50 cents from British Straits Settlement and a 1791 VF French 30 sols from junk grab bag lots. So there are still plenty of diamonds in the junk bags. My Mercury dime album is AU+ from 1936 onward and it has more than a few AU coins before that date; all of them pulled from junk lots. I look at it as prospecting for nice coins in the junk bags the same way others are prospecting in bank rolls/boxes for silver coinage ...