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Premiums On Pre-1933 Gold Coins (Saints, Liberty's, Eagles, Halfs, etc.) DISAPPEARING !
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<p>[QUOTE="GoldFinger1969, post: 26181961, member: 73489"]I knew that the premiums in the 1990's when gold was ~ $400 would not hold. Back then, about a $400 premium was tacked on which turned out to be the same amount as when gold was $1,500 - $2,000...of course, it was a much higher premium percentage (~100%) vs. 25% 20 years later.</p><p><br /></p><p>To me, the numismatic premium was always the rarity of the gold coin plus the artistic beauty. Their limited numbers -- no more are being struck -- means they are different than modern gold coins which can be struck in any volume this year or next.</p><p><br /></p><p>A few years ago, someone having to decide between a modern and a Saint had to ask themselves if the Saint-Gaudens was worth the extra 20-25%. <b>Now, they only have to ask themselves if it's worth an extra 7-10%.</b><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie100" alt=":wideyed:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 26181961, member: 73489"]I knew that the premiums in the 1990's when gold was ~ $400 would not hold. Back then, about a $400 premium was tacked on which turned out to be the same amount as when gold was $1,500 - $2,000...of course, it was a much higher premium percentage (~100%) vs. 25% 20 years later. To me, the numismatic premium was always the rarity of the gold coin plus the artistic beauty. Their limited numbers -- no more are being struck -- means they are different than modern gold coins which can be struck in any volume this year or next. A few years ago, someone having to decide between a modern and a Saint had to ask themselves if the Saint-Gaudens was worth the extra 20-25%. [B]Now, they only have to ask themselves if it's worth an extra 7-10%.[/B]:wideyed:[/QUOTE]
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Premiums On Pre-1933 Gold Coins (Saints, Liberty's, Eagles, Halfs, etc.) DISAPPEARING !
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