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Thoughts on this St. Gaudens double eagle
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<p>[QUOTE="GoldFinger1969, post: 6269787, member: 73489"]Jeff, I can't find a quote for a 1908 NM MS-68 before the Well hoard hit (I have MS60/63/65 quotes in the Burdette book), but I am sure that would have taken a hit.</p><p><br /></p><p>However....best I can tell, the MS-65's and even MS-66's had enough supply such that there really wasn't a big dropoff in price. My guess is that the MS-66's and the 67's took a hit percentage-wise but they weren't that expensive overall that the absolute $$$ value was huge. But I need to do some more research on the >MS-65 levels.</p><p><br /></p><p>I think they traded pretty much as generics BEFORE the WF Hoard...and the strike quality and overall appearance was at the bottom of the Saint-Gaudens rankings....so very few people felt the need to pay even market value for a 1908 NM common...let alone a premium. They were sort of the opposite of the 1923-D's for type collectors. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 6269787, member: 73489"]Jeff, I can't find a quote for a 1908 NM MS-68 before the Well hoard hit (I have MS60/63/65 quotes in the Burdette book), but I am sure that would have taken a hit. However....best I can tell, the MS-65's and even MS-66's had enough supply such that there really wasn't a big dropoff in price. My guess is that the MS-66's and the 67's took a hit percentage-wise but they weren't that expensive overall that the absolute $$$ value was huge. But I need to do some more research on the >MS-65 levels. I think they traded pretty much as generics BEFORE the WF Hoard...and the strike quality and overall appearance was at the bottom of the Saint-Gaudens rankings....so very few people felt the need to pay even market value for a 1908 NM common...let alone a premium. They were sort of the opposite of the 1923-D's for type collectors. :D[/QUOTE]
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