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Message:: [QUOTE="imrich, post: 2104777, member: 22331"]As an avid collector of the St. Gaudens, Indian Eagle and Incuse Indian Half Eagle, reading some of the hypothesis/hypotheses in this thread, decided to investigate relative pricing and conditioning of MS65 St. Gaudens from 2 decades past. To be objective I researched the bullion price, premiums paid for a TPG slabbed St. Gaudens coin in MS65 condition, and the relative conditioning of graded coins. Gold "spot" was ~1/3 of current pricing. I found generally the best premiums paid for the MS65 GEM condition coin was ~200% for Generic dates (e.g. 1924, 1925, 1927, 1928), versus ~70% today. To be fair, as a past collector of sight seen (i.e. not the slab) ACG St. Gauden coins, I'd select a Generic specimen MS65. It didn't have "bag rub" or "flattened nose", no rim "nicks", lustrous cartwheel clear fields with minimal ray and devices "bag marks". I then viewed current internet MS65 St. Gaudens offerings, including eBay #351341479158. I decided that the "pricing" of today is a good relative value which I wouldn't expect to increase with diminished bullion pricing. However, you may be getting "what you paid for". I believe that an average collector who had advanced to buying GEM condition coins, probably had lesser value coins to sell in the event of need, and probably like myself would only sell the higher grades, after vehicles, toys, and others of seemingly lesser value? JMHO[/QUOTE]