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<p>[QUOTE="900fine, post: 1112653, member: 6036"]<b>I think a common date Saint in MS61-63 is a bad idea.</b></p><p><br /></p><p>In those grades, a Saint is a very baggy coin - often unattractive, even considering the fabulous design.</p><p><br /></p><p>We're talking about a commodity here. Generics. "Low gold". If you look at the cost vs. price curve, you will find it to be fairly flat all the way from doggie grades (say VF) up to MS63. Heck, there's only $50 difference between a 61 and a 63, so why would anyone buy a doggie 61, when for 3% more, they can move up two slots ? Never buy a common date 61.</p><p><br /></p><p>Now take that logic one step further.</p><p><br /></p><p>The first "bump" we see in common Saint pricing is between MS63 and MS64; that's the first place we see the flat curve begin to get steep. But here's the good news - it's a small bump, maybe $90 - $100, which is about 6%. But here's the kicker - <b>one can find very attractive, magnificent MS64s</b>. After all, that's near gem - or should be.</p><p><br /></p><p>The small increase in price is more than compensated by the tremendous increase in quality. In fact, the first big bump is from MS64 to MS65 ($450). That's a great place to be - immediately below the first big jump. For one thing, if you get a really nice one, later on someone might offer you a premium thinking they've got a shot at upgrading it to the Big Money MS65. In fact, <i>you</i> might have a shot at upgrading it, with the attendant $450 bonanza.</p><p><br /></p><p>A nice high-end MS64, at 64 money, is a beautiful, flashy coin with few bag marks. That's what you want.</p><p><br /></p><p>Heck, the major investment is not the collector premium; it's the fact that it's almost an ounce of gold at $1400/oz. Since you have to foot that bill for even the ugliest Saint, why not throw down 6% more for a premium coin ? Avoid MS60-62, then move up from MS63 to MS64. Wait for a really nice one and pull the trigger.[/QUOTE]</p><p><br /></p>
[QUOTE="900fine, post: 1112653, member: 6036"][B]I think a common date Saint in MS61-63 is a bad idea.[/B] In those grades, a Saint is a very baggy coin - often unattractive, even considering the fabulous design. We're talking about a commodity here. Generics. "Low gold". If you look at the cost vs. price curve, you will find it to be fairly flat all the way from doggie grades (say VF) up to MS63. Heck, there's only $50 difference between a 61 and a 63, so why would anyone buy a doggie 61, when for 3% more, they can move up two slots ? Never buy a common date 61. Now take that logic one step further. The first "bump" we see in common Saint pricing is between MS63 and MS64; that's the first place we see the flat curve begin to get steep. But here's the good news - it's a small bump, maybe $90 - $100, which is about 6%. But here's the kicker - [B]one can find very attractive, magnificent MS64s[/B]. After all, that's near gem - or should be. The small increase in price is more than compensated by the tremendous increase in quality. In fact, the first big bump is from MS64 to MS65 ($450). That's a great place to be - immediately below the first big jump. For one thing, if you get a really nice one, later on someone might offer you a premium thinking they've got a shot at upgrading it to the Big Money MS65. In fact, [I]you[/I] might have a shot at upgrading it, with the attendant $450 bonanza. A nice high-end MS64, at 64 money, is a beautiful, flashy coin with few bag marks. That's what you want. Heck, the major investment is not the collector premium; it's the fact that it's almost an ounce of gold at $1400/oz. Since you have to foot that bill for even the ugliest Saint, why not throw down 6% more for a premium coin ? Avoid MS60-62, then move up from MS63 to MS64. Wait for a really nice one and pull the trigger.[/QUOTE]
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