1927 $20 Gold St Gaudens - Counterfit?

I'm not much into bidding. Either I lose the buy or I end up bidding too high and get stung. Thanks for the info. I'll check it out.

 

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Bid your max and if you win, it's yours. If not, you don't chase.

Simple !

 

It's hard to give you advice on buying a $20 gold right now. The prices are high because the price of gold bullion is so high. If bullion comes down, the prices for the St. Gaudens gold coins will come down with it. If the price REALLY goes down, there will not be enough numismatic value to save you from a big loss.

As for the grade, if you are looking for a common date, I would buy a certified piece, either, NGC or PCGS, and not get anything lower than MS-63 or maybe 64. You will won't save much money on the lower grade ones because of the bullion price, and you will have a nicer looking coin.

It's an MS-65 CAC.

 

The OP’s coin is poorly struck (if not a casting), and obviously extremely grainy. It is a very poor fake.

 

VERY beautiful coin. Congrats.

 

Well, gold is about 10% below ATHs right now. Premiums are high but they tend to be when the price of gold is LOW.

If he said he wanted to buy 10 coins, I'd say just buy 1 or 2 right now. No reason to make a huge gamble on the gold price with 100% of the capital.

But I don't see anything wrong with buying at these levels, esp. for a coin that is mostly bullion with maybe 10-15% in numismatic value attached to it.

I don't know if he has other gold coins, but if he does....would misbuying by $200-$300 on price be a hit financially ? Probably not for most of us.

OTOH...if he has no coins....doesn't buy here waiting for lower prices....then gold soars and the same coin is $2,700 or more in 12-18 months.

Buy here....gold/coin goes down in price.....buy another one.