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<p>[QUOTE="GoldFinger1969, post: 24610678, member: 73489"]<b><font size="5"><span style="color: #b30000">From Roger Burdette's Saint DE book </span></font></b>(I HIGHLY recommend for the details year-by-year for anybody looking to get the most bang-for-their-buck$$):</p><p><i><br /></i></p><p><i>“Most of the coins were graded by PCGS and NGC receiving the highest grades of any hoard of $20s. Here is an approximate breakdown of the grades: MS-69 (10 coins), MS-68 (200+), MS-67 (1,700+), and MS-66 (6,000+), with the balance being MS-65 or below. I have never seen a hoard of $20s of this quality, all one date, before this group or after. I have since examined large caches of $20s in various places but none match the quality of the 1908s.”</i></p><p><i><br /></i></p><p><i>The coins were purchased in mid-1996 and promotion and sale of the hoard started about a year later. The first coins sold to the public were the MS65 1908 no motto Saint-Gaudens, which were being offered at $1,160 each. In 1997 the average price of gold was $331.02 and a common date uncirculated $20 gold piece sold for $375.00.</i></p><p><i><br /></i></p><p><i>By 1999 the market price of gold had dropped to an annual average of $278.98 and common double eagles traded for $310. The Gillio/Wells Fargo sale ended in late 1999 when the highest graded coins, MS67, MS68 and MS69 were sold to collectors and investors.</i></p><p><i></i>[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 24610678, member: 73489"][B][SIZE=5][COLOR=#b30000]From Roger Burdette's Saint DE book [/COLOR][/SIZE][/B](I HIGHLY recommend for the details year-by-year for anybody looking to get the most bang-for-their-buck$$): [I] “Most of the coins were graded by PCGS and NGC receiving the highest grades of any hoard of $20s. Here is an approximate breakdown of the grades: MS-69 (10 coins), MS-68 (200+), MS-67 (1,700+), and MS-66 (6,000+), with the balance being MS-65 or below. I have never seen a hoard of $20s of this quality, all one date, before this group or after. I have since examined large caches of $20s in various places but none match the quality of the 1908s.” The coins were purchased in mid-1996 and promotion and sale of the hoard started about a year later. The first coins sold to the public were the MS65 1908 no motto Saint-Gaudens, which were being offered at $1,160 each. In 1997 the average price of gold was $331.02 and a common date uncirculated $20 gold piece sold for $375.00. By 1999 the market price of gold had dropped to an annual average of $278.98 and common double eagles traded for $310. The Gillio/Wells Fargo sale ended in late 1999 when the highest graded coins, MS67, MS68 and MS69 were sold to collectors and investors. [/I][/QUOTE]
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