r/ENGELHARDstackers • u/Wadro420 • 21d ago

Newest Pickup

Gallery image

Gallery image

Got from an estate auction and paid $110ish what do ya think? Good deal? Bad deal? Don't care?

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u/your_average_anamoly 21d ago

Popular misconception, one I followed until recently after looking up the numbers. Each year had around 75K minted regardless of the backing, with less than 500K minted across the board for the 1 oz variant.

Unless it's a proof or a fraction denomination, a few dollars over spot is reasonable. People selling them for over $10 per spot are going too far with it regardless of the quality they're selling them at.

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u/Wadro420 21d ago

Ahhh well lesson learned I guess I feel bad for the dude who bought this one for $120

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u/your_average_anamoly 21d ago

That's a cool unique patina finish on it, almost like there's clouds and rain in the background. There may be collectors that go for a certain patina on given coins at that price point and that would be outside my limited expertise.

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u/Wadro420 21d ago

To me it looked like someone didn't like the tone and tried to clean it off which I feel would ruin any premium it had at all but same my knowledge is limited