Special offer: $15 off per coin!| Quantity | 1-9 | 10-19 | 20-39 | 40+ | | Per coin | $1,860.00 $1,845.00 | $1,850.00 $1,835.00 | $1,840.00 $1,825.00 | $1,835.00 $1,820.00 |
Basis: gold @ $1,360.10 -- Updated: 05/17/2013 Prices and availability subject to change without notice.
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Value "sweet spot" in classic coins!
We're very pleased to alert you to a superb opportunity for gold investors. $20 Saint-Gaudens gold coins in near-gem Mint State 64 grade are trading today at their lowest prices in more than two years with extremely low premiums above their intrinsic gold content. They occupy the "sweet spot" for value in the market for classic U.S. gold coins and should not be passed up!
Premiums for these coins—that is, their value above intrinsic gold content—are rising from a major cyclical bottom of 21% but still remain near historic lows. Over the past decade, their premiums have averaged 59% above gold content. Today, premiums for these coins are merely 34%, little more than half of their 10-year average.
As you can see in the chart below, on five occasions since 2003, their premiums have risen to peaks between 94% and 118% following major cyclical bottoms. In other words, when gold rose by $100 during these cyclical peaks, $20 Saints in MS64 rose by around $200 each. This is precisely the kind of "double play" leverage we look for in classic U.S. gold coins: the proven ability to rise by much more than their underlying gold price because of fundamental scarcity and restricted supply in the national market.
If current premiums for $20 Saints in MS64 merely revert to their 10-year average, which they've done following every previous cyclical bottom, these coins will gain around 24% from today's low prices. If premiums return to previous cyclical peaks, they'll gain between 92% and 117%. These coins have seldom been more attractively positioned for future gains.
Compare them to other $20 Saint-Gaudens gold coins and MS64 examples look even more attractive. Circulated $20 Saints, priced just 8% lower than these near-gem quality coins, have already reverted to their average 10-year premiums, so they offer much less opportunity for premium expansion. Lower Mint State grades like MS62 and MS63 are very nearly the same price but offer less fundamental scarcity and "double play" potential in a rising market. Go one step higher to MS65 and prices jump by around 17%.
Gold is now "on sale"
The recent drop in the gold price, driven largely by hedge funds and other short-term speculators in the paper gold markets, created a buying frenzy in physical gold around the world. For the time being, gold is "on sale" at the lowest prices in two years. Demand for physical bullion has surged to levels not seen since 2009 as long-term investors rush to protect their wealth from inflation risk and currency devaluation brought on by global monetary easing.
Classic U.S. gold coins have been somewhat overlooked in the scramble for bullion, which has artificially driven down their prices and premiums. But we think this market anomaly will not last. $20 Saints in MS64 are squarely in the sweet spot of value. They offer one of the very best buys in today's gold market and should not be passed up!
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True scarcity, excellent value
$20 Saint-Gaudens double eagles are often considered one of the most beautiful of all U.S. gold coins. In gem-quality Mint State 64 condition they combine true scarcity, large gold content, and gorgeous eye-appeal to create excellent value. And what's more, they're trading today at premiums nearing historic lows, making them a true bargain.
Minted from 1907 to 1933, $20 Saints were the crucial building blocks of expanding U.S. financial power in the early 20th century. Out of an original mintage of more than 60 million, the vast majority were either used in circulation or melted down during the Depression, or both. Only 510,958 survivors are known in near-gem Mint State 64 condition (PCGS + NGC, 02/12/2013), all dates included.
During periods of peak demand these coins have surged in price because of their extreme scarcity. Over the past ten years, their average premium has been 59%. On five occasions since 2003, premiums have climbed to peaks between 94% and 118%--four to five times today's.
Unlike most forms of gold bullion, they are exempt from broker reporting requirements. In our opinion, they're one of the best buys in the classic coin market.
Key Benefits
• Premiums rebounding from 21%. Average premium over the past 10 years is 59%. • Huge upside potential. Premiums rocketed to 118% in 10 months after the last cyclical low. • Better than bullion. All the advantages of bullion plus true scarcity, increased profit potential, and financial privacy.
$20 Saint-Gaudens (MS64)
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Minted: 1907 to 1933 (dates our choice) Content: 0.9675
oz. pure gold Size: 34 mm, lettered edge Weight: 33.436 grams Population: 510,958(PCGS + NGC, 02/12/2013)
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Special offer: $15 off per coin!| Quantity | 1-9 | 10-19 | 20-39 | 40+ | | Per coin | $1,860.00 $1,845.00 | $1,850.00 $1,835.00 | $1,840.00 $1,825.00 | $1,835.00 $1,820.00 |
Basis: gold @ $1,360.10 -- Updated: 05/17/2013 Prices and availability subject to change without notice. Please see our Terms & Conditions. |
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