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Does the 1908 No Motto St. Gaudens's Price Mostly Depend on Gold?
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<p>[QUOTE="CrustyCoins, post: 671652, member: 19115"]In general the lower graded ones sell closer to spot and the higher graded ones have much more volatility or larger price swings depending on the demand. If gold tanks to $600 like in your example you may only be out $300 on the low end ones but much more on the higher graded ones.</p><p><br /></p><p>The ones that seem immune are the highest graded low pop for elite collections.[/QUOTE]</p><p><br /></p>
[QUOTE="CrustyCoins, post: 671652, member: 19115"]In general the lower graded ones sell closer to spot and the higher graded ones have much more volatility or larger price swings depending on the demand. If gold tanks to $600 like in your example you may only be out $300 on the low end ones but much more on the higher graded ones. The ones that seem immune are the highest graded low pop for elite collections.[/QUOTE]
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