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<p>[QUOTE=&quot;johnmilton, post: 26578224, member: 101855&quot;]Collectors only have so much to spend on coins. At $1,600, collectors with a moderate could afford to buy a double eagle. When the prices increase to over $4,000, a great many of them are out. The number who are out, puts an end to the numismatic premium. At that price, a common date St. Gaudens double eagle in less than MS-65 becomes a hunk of bullion. </p><p><br /></p><p>As a collector of 65 years, I have serious reservations about paying over $4,000 for common date double eagles. The down side could be huge. All they have is bullion speculator support.[/QUOTE]</p><p><br /></p>

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