I think common MS-65 Saints are going for ~ $3,200. $3,500 seems a bit high, but I guess actual condition and particular year could bump it up a bit.
You're right, this could be a top and we might not see $3,000 for another decade or two. But I don't think so. Gold isn't spiking like it did in...
I don't know why the premium falls in both absolute $$$ AND %-terms....but it seems to be the case once gold has established a new level (i.e.,...
That's been the explanation and in fact what happened with the price charts: gold makes a move....premiums rise on numismatics.....bullion...
So when the gold price was alot lower, the coins had a numismatic premium tacked-on ? Are we talking 10% or 40% ?
Agreed....goto a place that's been around for a while and prerably in a nice part of a larger town or city. You don't want to goto some rural WE...
Thanks for the heads-up !! :cigar:
But the price of gold always provides a floor for the coin. Everybody can suddenly hate high relief coins....nobody can want one....but the price...
A panel discussion on current events should be a MUST at any big coin show, IMO. You are right...I do wonder what Legend is paying and thinking...
Novus Ordo or Latin Traditional ? :D The interesting this is the collapse in gold premiums as the price has crossed $3,000....fascinating.
It's not tenacity or the other issues you cite. :D It's more people able to buy something. How many people had color TVs in the 1960's and...
No, not happy...just chock-full-of facts. :D Poor people on subsistence can only purchase or afford to hold the tiniest amounts of gold via...
I just bought a few for a family member and the price over bullion was less than half what I paid when gold was $2,000. IMR, I didn't say there...
That was always the case....I would think that even the premiums on fractional ounce coins would be falling.
Premiums on Saints are now under 10% as the gold price has crossed $3,000. We're in uncharted territory. :wideyed: Would like to hear from...
I think FUN is considered the premier coin show in the country. Plus, going to Florida in January is super-nice for those on the East Coast...
Except that the demand for the 1909-S penny is pretty much just collectors. :D You have many of the MCMVII High Reliefs in the hands of people...
The markets can remain irrational longer than you can remain solvent. :D
It's a reflection of increased living standards globally.
Yes...basically ETP = ETFs, just covering some other products with variations of an ETF added on.
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