I remember my grandmother used to have a 1928 st gaudens piece. However it was looted during the communist era of my country. Anyways last week I went and bought a st gaudens piece to keep for myself. I purchased a 1928 ms 64 graded st gaudens piece graded by ngc. I payed 1700 did I get a good deal? And I have many mixed reviews about the 1928. Many claim that it is semi rare date considering most were melted while others say it Is the most common? Can anyone clarify? And can anyone please give me the NYC population report for my coin? Thanks
If it's a really good MS64, you did great. If it's a really bad MS64, you still did pretty well. APMEX wants $1735 for an NGC MS64 random date, $1642 for MS63, $2300 for MS65. From what I've seen, APMEX prices are low, but I hear that it's partly because people only sell their worst coins (for a particular grade) to APMEX. If I saw a nice Saint in MS64 for $1700, I'd be sorely, sorely tempted, regardless of the date. I've always wanted one, and still don't have one.
I bought this 1924 Saint in MS-64, certified by PCGS. I paid the price of an MS-60 for a 64. I paid $1,860 for this one, and PCGS price guide lists an MS-64 at $2,070. PCGS price guide lists an MS-60 at $1,855 which is only $5 less than what I paid for an MS-64! I hope you like, these are beautiful coins. And it was a badge to purchase one finally. I think you did good on that $1,700 purchase, MS-64 Saints are nice.
To answer your question about the rarity of the 1928 , NGC and PCGS has certified about 30, 000 1928 coins in MS -64 alone , so it is quite common . Pricewise in the last for sold for about $1700 so you did ok . It's one of our most beautiful coins and I still haven't bought one . Who knows that may be the coin your Grandmother owned , congrats on a graet pickup . rzage
What RZ said...and it is the last of the Saints chronologically that is easily obtainable before scarcity hits with the 1929's and beyond.
You paid the fair market value of the coin. It would be considered a common date, and its value is because of its bullion and demand for the series generally, not absolute numismatic rarity (or scarcity). 1928 PCGS Population Report Data (14,552/ 11,480 higher) MS64 14,552 MS65 8,538 MS66 2,864 MS67 78 1928 NGC Population Report Data (15,127/6,965 higher) MS64 15,127 MS65 5,486 MS66 1,387 MS67 92
Not really. Unless the coin is premium quality, and CACed, I don't think you would find a buyer anywhere near that price in this market. I have seen MS65s listed for less.
Not $2,040 because the price of gold has fallen since March 2011. Gold is down 25% since then, and premiums have fallen, too. Not familiar with 1928 common pricing as much as 1924 and 1927 but if they are similar, I would venture that an MS-64 is worth about $1,500 give-or-take a few bucks. Again, don't forget that quote was 4 years ago when gold/premiums were higher. MS-65 common today about $1,700 give or take.
