Well, I'm not a seller but I see plenty of MS-65 Saints trading for < $3,300 on HA, GC, Ebay, etc. Even saw a 1928 MS-65+ sell for $3,500, all-in.
Again....I think if we head DOWN from $3,000 gold (as we have done in the past following big rises) the old pattern repeats. However....if...
Maybe the COMEX shorts are hedged elsewhere ? Maybe it's banks or hedge funds or insurance companies with deep pockets ? Maybe they have...
It's an interesting thesis and you do have a decent/good understanding of how the silver/metals markets work with both futures, cash markets, etc....
But Silver has lagged Gold during this move, right ? Certainly no "squeeze" -- nothing like 1979-80, or even an out-of-nowhere 10% up move with...
All I am saying is that while the ABSOLUTE price of a common Saint has gone up with gold at $3,000.....the premium you USED to pay has...
JM, we may find out. I think we'll be there in the next 5-10 years. o_O
I understand HOW the price is changing but I don't understand WHY it is changing. :wideyed: If an MS-65 1924 Saint sells for $2,400 when gold was...
I'm not fixated on anything and certainly not a profit. Just trying to see what a rising gold price means for the pricing of the coins many of us...
I don't think there was/is any "historic ratio" that is tradeable or investable. It's a quirk of a gold price that was controlled and both metal...
I guess it's "nice" that the premiums have collapsed and you can buy investment/Gem quality Saints and other coins at close to gold content. But...
Separate names with a comma.
