Common date saints good alternatives to bullion

Discussion in 'Bullion Investing' started by mpcusa, Jan 18, 2024.

  1. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Before 1971 it was illegal to own GOLD
    bullion when then president took us off the GOLD standard the exception was
    numismatic GOLD so if that ever did happen again would it be better to buy
    common date saints with still close to an once of GOLD with no premiums
    and no risk of possible furure grabs
    by the government.
    fretboard and Coins4Eli like this.
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  3. Mr Roots

    Mr Roots Underneath The Bridge

    No premiums..?….That will be one ugly coin.
    Player11, imrich and Coins4Eli like this.
  4. QuintupleSovereign

    QuintupleSovereign Well-Known Member

    To argue that a 1924-1928 Philadelphia double eagle has much numismatic value above and beyond the bullion content is a bit of a stretch, IMHO. Lovely coins, to be sure, but still.
    imrich and Heavymetal like this.
  5. Mr Roots

    Mr Roots Underneath The Bridge

    I would take a MS 1924-28 P Double Eagle over an AGE all day, every day…and I would pay more for it.
    imrich likes this.
  6. Heavymetal

    Heavymetal Well-Known Member

    I don’t fear the guvmint coming for our gold
    Crypto is the store of wealth today
    Unless we deal with that cancer, we’re doomed
  7. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    For example a common date saint such as a 1908 w/motto at my LCS sells for $ 2,175
    just went over there today he was out of bullion and since the price is very close to
    bullion W/ premium so in my opinion a pretty good deal :)
    fretboard likes this.
  8. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    That’s what they said about government coming after your guns..LOL
  9. Kentucky

    Kentucky Supporter! Supporter

    Did they come after your guns?!!!
    Dan Galbato likes this.
  10. Kentucky

    Kentucky Supporter! Supporter

    Close, but no cigar... history,criminalized the possession of gold.
  11. Joel Turner

    Joel Turner Active Member Supporter

    So, what are the good buys right now for $20 Saints? I'd like to pick up one or two.
  12. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I would have to ask what your goals are ?
    a good price for a common date would be
    right around $2,200 still near spot and
    below the premiums you would pay for spot.
  13. Dug13

    Dug13 Well-Known Member

    Why not include common date Liberty's?
    Aren't they priced lower than Saints?
    GoldFinger1969 likes this.
  14. Mr Roots

    Mr Roots Underneath The Bridge

    “below the premiums you would pay for spot.”

    What the hell does that even mean…lol
    Heavymetal, imrich and Kentucky like this.
  15. bosco5041

    bosco5041 Member

    Just Wondering if you are talking about TPG coins or raw and what grade level?
  16. imrich

    imrich Supporter! Supporter

    Let me know what TPG coins you have located at that price, regardless of condition, and we'll trade Fiat for coins. LOL
  17. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Thing is with most pre-33 gold the difference in cost between the grades is almost inconsequential, professionally graded or not. With slabbed gold you are primarily getting insurance that your pre-33 gold is not a counterfeit piece. Long and short is you won’t see a lot of price difference in slabbed/raw pre33 gold.
    GoldFinger1969 and Joel Turner like this.
  18. GoldFinger1969

    GoldFinger1969 Well-Known Member

    If they were part of a collection, that was the exemption that Eliasberg and others used to both collect and keep gold.
  19. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Found this example today…
    Heavymetal likes this.
  20. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Here’s a listing I found on eBay ( liberty coin gallery ) they do have some of the best prices in town.

    This is a random date in MS/62 $2,138.67
    when you consider a 1 OZ buffalo is currently $2,041 plus another $120 in premium that adds up to $2,161
    so you could probably get an XF for under
    2K so what a bargain.
    GoldFinger1969 likes this.
  21. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

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