Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Historical charts for Saint Gaudens?
>
Reply to Thread
Message:
<p>[QUOTE="GoldFinger1969, post: 5408317, member: 73489"]An MS62 Saint (common) is going to trade more like bullion.</p><p><b><br /></b></p><p><b>If you think gold is beginning a nice up move, you'll probably do BETTER buying bullion or MS62's than MS65's and numismatics. </b></p><p><br /></p><p>Only a very long upmove in gold will allow the numismatic leverage factor to kick-in and outperform gold or MS62 commons.</p><p><br /></p><p>I think that the volatility of gold plays a part in the MS62's bouncing around. Numismatics like MS65s tend to resist the first wave of selling when gold peaks because people don't want to take losses.</p><p><br /></p><p>That's why there really aren't any clear trends from the charts I posted above except that a multi-year move higher in gold probably is best caught with bullion or lower-graded Saints rather than higher-priced coins like MS65's. Needless to say, even higher-priced coins like an AU-58 1907 High Relief won't budge on a few hundred dollars move in gold since it's close to $10,000 or 400% premium to gold.[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 5408317, member: 73489"]An MS62 Saint (common) is going to trade more like bullion. [B] If you think gold is beginning a nice up move, you'll probably do BETTER buying bullion or MS62's than MS65's and numismatics. [/B] Only a very long upmove in gold will allow the numismatic leverage factor to kick-in and outperform gold or MS62 commons. I think that the volatility of gold plays a part in the MS62's bouncing around. Numismatics like MS65s tend to resist the first wave of selling when gold peaks because people don't want to take losses. That's why there really aren't any clear trends from the charts I posted above except that a multi-year move higher in gold probably is best caught with bullion or lower-graded Saints rather than higher-priced coins like MS65's. Needless to say, even higher-priced coins like an AU-58 1907 High Relief won't budge on a few hundred dollars move in gold since it's close to $10,000 or 400% premium to gold.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Historical charts for Saint Gaudens?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...