A PIECE OF TERRITORIAL GOLD FROM THE CALIFORNIA GOLD RUSH The latter is at least three times scarcer, but it commands just a small premium. Two varieties are known: the Wire Edge and the Flat Edge. A coin graded MS63 or MS64 should be truly “new” and it should have good eye appeal. Lower grade High Reliefs may not be attractive and most of the lower-grade Uncirculated pieces show rub or shiny spots on Liberty’s chest and front knee. What grade is ideal for a High Relief? I personally recommend a coin in MS63 or MS64. A CAC sticker is nice but it won’t make or break the sale-ability of a coin which is otherwise nice. ![]() Since there are so many available High Reliefs, can I suggest yours be somehow “special.” By this, I mean a coin with either a good pedigree or a coin with an unusual natural appearance. In fact, they are probably the most liquid five-figure American gold coin. But they are big, beautiful coins with a great background story and their level of demand always remains (sorry) high. High Reliefs are far more common than most collectors realize and a strong case can be made for calling them overrated/overpriced. I feel that every US gold coin collection should have at least one piece of Proof gold. Of course, very few collectors are working on date runs of Proof gold. If a guy comes up to my table at a show and tells me he collects Proof gold by date or by type, he gets my undivided attention, and maybe even an invitation to dine with me that night. You can’t get much more macho than Proof gold when you list collecting areas. This won’t be possible for some ultra-specific issues but in these cases I’ll suggest the grade range which makes the most sense to me from a value perspective. But I’m in the minority and I’d predict that 80-90% of the people reading this article would opt for the High Relief.įor many of these iconic coins (or coin types) I’m going to give some options which vary by price range. If you ask me would I rather have an 1864-S half eagle in nice VF than a Gem High Relief, I’d pick the former. ![]() You’ll notice that this list is full of big, popular coins and it tends to omit specialized coins. Iconic Gold Coins aren’t cheap and if you have a $2,500 budget, you can still buy some really neat coins but none which I’d term “iconic.” The following list is somewhat elitist by nature. 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. There are gold coins and there are Iconic Gold Coins.
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