THING
THING A
THING A $69 COIN YOU KNOW HOW QUICKLY THAT
WOULD SELLOUT?
WOULD SELLOUT? MIKE IS HERE AND YOU ARE
HERE AND MIKE WRITES AND
CURATES THE SHOWS.
>> Guest: THE SAMPLES
FLY AROUND THE UNIVERSE
AND SOMETIMES I GET TO
SEE THEM AND
PARTICULARLY A COIN LIKE
THIS AND SOMETIMES I GET
TO SEE THEM AND
SOMETIMES I DON'T.
>> Host: TELL ME ABOUT
THIS.
THIS.
THIS. FIRST AND FOREMOST WE
TALK ABOUT GOLD WHICH IS
NUMBER ONE AND ANYTIME
WE HAVE GOLD HERE I HAVE
TO SIT UP AND TAKE
NOTICE BECAUSE WE DON'T
SEE IT A LOT FROM YOU,
BUT THERE IS A LOT GOING
ON.
ON.
ON. >>
ON. >> Guest: THIS IS A
REALLY REALLY COOL COIN.
OKAY?
OKAY?
OKAY? THE
OKAY? THE UNITED STATES
GOVERNMENT HAS BEEN
MAKING THE GOLD SILVER
EVIL, SILVER EAGLE AND
THEY WILL MAKE THEM NEXT
YEAR AND THEY WILL MAKE
THEM THIS YEAR AND
CONTINUE TO MAKE THEM.
THEY ARE DOING A
REDESIGN IN 2021 OF
COURSE LIKE THAT.
BUT HERE'S THE DEAL.
SO THIS PARTICULAR
AMERICAN $10 GOLD EAGLE
WHICH HAS ONE QUARTER OF
AN OUNCE OF PURE GOLD
AND IT, IS SPECIAL.
AS IT TURNS OUT, AS WE
GET MINTAGE FIGURES AT
THE END OF THE YEAR,
WHAT WE END UP HERE WITH
IS THE RAREST $10 GOLD
EAGLE EVER MADE BY THE
UNITED STATES GOVERNMENT
IN THE AMERICAN GOLD
EAGLE SERIES.
EAGLE SERIES. >> Host: THE RAREST.
>> Guest: OF ALL THE 35
AMERICAN GOLD $10 EAGLES
THEY MADE IN THE
AMERICAN SILVER DOLLAR
SERIES, THIS IS THE
RAREST.
RAREST.
RAREST. THIS IS THE ONE.
THIS IS THE KING OF
THOSE.
THOSE.
THOSE. AS
THOSE. AS A MATTER OF FACT I
THINK IT ENDS UP BEING
AS I RECALL THE SECOND
RAREST GOLD EAGLE,
WHETHER IT BE FIVES OR
10s OR 25 OR 50s BUT THE
SECOND RAREST . HERE IS
THE RAREST 10 WHICH IS A
BIG DEAL AND I AM TRYING
TO DO ALL OF THIS.
THIS IS HOW MANY I HAVE.
THIS IS ALL THAT EXISTS.
I BOUGHT ALL THAT
EXISTS.
EXISTS.
EXISTS. >> Host: JUST REAL
QUICKLY AND IS THAT 12
MONTH FINANCING
MONTH FINANCING >> Guest: I LIKE THAT.
SON I HAVE A COIN THAT
IS INCREDIBLY SPECIAL.
NOW I HAVE TO KIND OF
LET YOU INTO THE WORLD
OF COINS AND YOU HAVE TO
GET A LITTLE ADDITIONAL
INFORMATION.
INFORMATION. THIS THING RIGHT APPEAR,
THE FIRST DAY OF ISSUE,
THE ENTIRE POPULATION OF
THIS COIN, IT IS THE
RAREST COIN.
RAREST COIN. BUT IN FIRST DAY OF
ISSUE, I THINK THERE ARE
150 IN EXISTENCE.
I HAVE 100 OF THEM.
BECAUSE MY FIRST DAY OF
ISSUE, PCGS, THEIR
DEFINITION OF FIRST DAY
OF ISSUE IS THEY MUST
HAVE THE COIN THE FIRST
DAY OF ISSUE , WHICH WAS
WAY OVER A YEAR AGO.
AND NOBODY KNEW.
AND THEN IT HAD TO GRADE
PERFECT.
PERFECT.
PERFECT. WHEN THEY DID THIS,
NOBODY KNEW IT WOULD BE
THE RAREST AND THE $10
EAGLE TENDS TO BE ONE OF
THE LEAST POPULAR AND
PEOPLE GO WITH THE
LITTLE COIN AND THE FIVE
DOLLAR GOLD EAGLE AND
THE MOST HIGHLY MINTED
IS THE FIVE DOLLAR
FOLLOWED BY THE $50.
AND THEN THE 25 AND THEN
THE 10 AND SOME YEARS IT
IS THE 10 AND SOME YEARS
IT IS THE 25.
SO THAT IS THE KEY TO
THIS.
THIS.
THIS. NOW
THIS. NOW YOU HAVE ONE QUARTER
OUNCE APPEAR GOLDEN
THIS.
THIS.
THIS. YOU
THIS. YOU HAVE THE RARITY IN
THE AMERICAN SILVER
EAGLE SERIES THAT IS
ABSOLUTELY STUPEFYING SO
IT MAKES IT ONE OF THE
RAREST EVER MADE BY THE
UNITED STATES
UNITED STATES GOVERNMENT.
GOVERNMENT. YOU CAN GO BACK FOR 100
YEARS AND GO BACK TO THE
STUFF IN THE EARLY PART
OF THE 20th CENTURY AND
IT IS STILL
SIGNIFICANTLY RARE.
SIGNIFICANTLY RARE. THE WHOLE KEY TO ALL OF
THIS IS WHAT WE CALL THE
POPULATION, WHAT WE CALL
POPULATION RARITY.
POPULATION RARITY. WHAT THAT MEANS IS FIRST
DAY OF ISSUE MATTERS.
FIRST DAY OF ISSUE
MATTERS BECAUSE IT IS A
MUCH TINIER POPULATION
OF THESE.
OF THESE.
OF THESE. OF THE 100 THAT YOU SEE
THERE, THAT IS 70% OF
ALL THE COINS THAT EXIST
IN FIRST DAY OF ISSUE,
BASICALLY IS ULTIMATELY
WHAT IT COMES DOWN TO.
YOU HAVE AN INCREDIBLY
TINY POPULATION, NOT
ONLY OF THE COIN ITSELF
AND THE MINTAGE IS HOW
MANY THE GOVERNMENT
MAKES AND THEN YOU HAVE
THE CONDITIONAL RARITY
AND THAT MEANS 70.
AND NOW YOU HAVE AN EVEN
RARER COIN BUT YOU HAVE
THE RELEASE RARITY OR
SCARCITY OF THE COIN,
WHICH IS FIRST DAY OF
ISSUE.
ISSUE.
ISSUE. FIRST DAY OF ISSUE
BRINGS SUBSTANTIAL AND
SIGNIFICANT AND
SIGNIFICANT AND RIDICULOUS PREMIUMS IN
THE MARKETPLACE.
THE MARKETPLACE. THIS COIN FALLS INTO ALL
OF THAT AND WE HAVE A
SPECIAL PRICING AT
$1099.95.
$1099.95.
$1099.95. I DON'T BELIEVE YOU CAN
BUY THIS REALLY ANYWHERE
ELSE IN FIRST DAY OF
ISSUE AND THAT IS
USUALLY WHAT HAPPENS.
>> Host: AND MIKE IS
RIGHT, TO SET THE GOLD
STANDARD.
STANDARD.
STANDARD. >> Guest: WE TRY.
>> Host: LITERALLY WAS
FIRST DAY OF ISSUE.
HE IS RIGHT.
LET ALONE YOU ARE
GETTING 12 INTEREST-FREE
PAYMENTS IF YOU HAVE
THAT VIP CARD AND YOU'RE
LOOKING AT $91 AND
CHANGE.
CHANGE.
CHANGE. EVEN THOUGH WE DON'T
HAVE A LOT OF THESE,
THIS IS NOT WHAT I WOULD
NECESSARILY CALL
NECESSARILY CALL CONSIDERED PURCHASE
CONSIDERED PURCHASE ALTHOUGH IT THAT PRICE
YOU MIGHT SAY IT IS.
WHEN YOU CONSIDER FIRST
DAY OF ISSUE AND THE
MINTAGE AND RARITY AND
THE AVAILABILITY, THE
GOLD.
GOLD.
GOLD. CHECK ALL OF THOSE
BOXES.
BOXES.
BOXES. >>
BOXES. >> Guest: JUST BE DONE.
>> Host: YES.
>> Guest: AND NOW THE
INTRINSIC VALUE OF GOLD.
GOLD HAS BEEN ON FIRE.
LIKE I SAID, AND I KEEP
SAYING THIS OVER AND
OVER.
OVER.
OVER. IT
OVER. IT IS NOT FOR EVERYBODY
BUT IT IS FOR EVERYBODY
BECAUSE YOU HAVE AN
INTRINSIC VALUE OF THE
GOLD AND NOW YOU ADD IN
THE INCREDIBLE RARITY OF
THE GRADE AND GOLD IS
DIFFICULT TO GRADE AND
NOW ADD IN FIRST DAY OF
ISSUE AND TAKES US TO AN
ENTIRELY NEW LEVEL.
THIS IS THE RARE AIR OF
COIN COLLECTING BECAUSE
WHEN YOU LOOK AT FIRST
DAY OF ISSUE OF COINS
AND WHEN THIS WHEN IN
HERE AND I DIDN'T GRADE
THESE AND I BOUGHT THESE
ON THE SECONDARY MARKET.
WHEN THEY GRADED THESE,
THEY HAVE NO IDEA.
THEY HAD NO IDEA THAT
THIS WOULD BE THE
RAREST.
RAREST.
RAREST. YOU JUST DON'T KNOW.
IT HAS JUST BEEN
RELEASED.
RELEASED.
RELEASED. THEY MAKE THEM
THROUGHOUT THE YEAR BUT
FOR WHATEVER REASON THEY
DIDN'T MAKE ANY.
>> Host: THEY CAN DECIDE
WHATEVER THEY WANT.
THEY MAKE THE RULES.
>> Guest: YES.
YOU JUST DO THIS SO THE
VERY LAST CALL.
WE HAVE TONS OF PEOPLE.
>> Host: WE HAVE MORE
PEOPLE THAN WE HAVE
QUANTITIES LEFT AND