Why are quarter eagles so expensive?

Discussion in 'Gold' started by TacticalGarand44, Oct 23, 2017.

  1. TacticalGarand44

    TacticalGarand44 New Member

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    Seriously, the premiums on most pre 33 gold are around 50 dollars a coin. Why the hell are quarter eagles well over 100 bucks over spot?
     
  2. fltacoma

    fltacoma Member

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    You mean 1986-current American Eagles?
     
  3. TacticalGarand44

    TacticalGarand44 New Member

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    No, pre 33 2.50 coins.
     
  4. alor

    alor Well-Known Member Silver Stacker

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    4*2.5 is supposed to be 1 ounce, but does not measure up to $20 gold eagle 1 ounce
    or the $50 gold eagle 1 ounce

    or
    due to the constitutionality of that gold as legal tender issued prior
     
  5. TacticalGarand44

    TacticalGarand44 New Member

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    No, an Eagle was the 10 dollar unit, and a quarter eagle was 2.50 dollars, so it would tae 8*2.50 to equal one ounce.

    And the Constitutionality doesn't explain why 10 dollar, 5 dollar, and 20 dollar pre 33 coins all have about the same premium.
     
  6. GoldExchange.com

    GoldExchange.com Member

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    Fractional pieces will always cost more. They are often in demand too, mainly because more folks can afford them, they're cool, and they make great gifts, pieces for jewelry, etc.
     

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