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1924 St Gaudens $20 Gold Opinions

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 Posted 12/27/2024  9:48 pm  Show Profile   Bookmark this reply Add Marv65 to your friends list

Quote:
I buy them at melt value all the time.


Quote:
I have a dealer that buys 5% to 10% under melt and sells them to me for melt.


Right - and once again I will ask: Show your source - I'd like to participate.
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 Posted 12/27/2024  9:58 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list
I buy from Trademark Coins & Currency because I trust them. The $60 over will be worth your while.

The point is common date raw $20 Double Eagles, particularly problem pieces, have zero numismatic value.
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 Posted 12/27/2024  10:07 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list
Make a melt value offer for any of these and many more in the listing. He's asking $65 over melt and I'm certain you'll come to an agreement a few bucks over melt. I've been buying and selling pre-33 gold for 20 years. Premiums on generic G$20 have been nil with gold at the prices it's been. Go shopping.

1924-St-Gaudens-$20-Gold-Opinions
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 Posted 12/27/2024  10:22 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list
Same seller is asking 1% over melt for these ($2565). Offer melt ($2540) and I'm sure he'll take it.


1924-St-Gaudens-$20-Gold-Opinions
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Edited by BH1964
12/27/2024 10:24 pm
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 Posted 12/27/2024  10:25 pm  Show Profile   Bookmark this reply Add Marv65 to your friends list
Yeah, I'm sure too!
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 Posted 12/27/2024  10:26 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list

Quote:
So it's not melt after all like you were boasting - and who is he? PM me his internet address


I'm not boasting. I'm trying to educate people.

PM incoming.
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 Posted 12/28/2024  01:26 am  Show Profile   Bookmark this reply Add UnimpossibIe to your friends list

1924-St-Gaudens-$20-Gold-Opinions
1924-St-Gaudens-$20-Gold-Opinions
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 Posted 12/28/2024  03:00 am  Show Profile   Bookmark this reply Add westernsky to your friends list
The original pictured 1924 coin has all the needed detail for an Unc coin but the hits and tics are far and away too much for me to call it a 63 or 64. If I were in the grading room I'd be more inclined to give it a "60" on Monday or a "61" on Friday.

No shortage of these and only worth a few dollars over melt no matter what it grades.
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 Posted 12/28/2024  12:19 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list
Zero premiums with prices this high for gold .
Just bought three MS64 Saint Gaudens at spot !
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 Posted 12/28/2024  12:44 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list
On ebay I see zero graded MS-64 Saint Gaudens Double Eagles going for spot.
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 Posted 12/28/2024  1:59 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list
Take the selling fees out and magic .seller gets spot or darn
Near close with a huge amount of risk involved.
The three I bought from a Pacific NW dealer friend .
As stated no premiums if you shop smart .
Gold is way way too high for any kind of premiums
Unless super high grade or Rarities .
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 Posted 12/28/2024  2:29 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list

Quote:
On ebay I see zero graded MS-64 Saint Gaudens Double Eagles going for spot.


ebay is full retail. There are decent deals to be had on ebay. But top tier certified MS64 Saints at melt is a very good deal and you have go direct to the seller to find something like that.

Raw, generic G$20 pieces have been trading at melt for years with Choice Mint State pieces trading just above melt.
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 Posted 12/28/2024  2:34 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list
Seems like the price of a graded $20 Liberty Head in MS-64 condition is about 10% above spot. This is according to a well-known bullion price comparison website. This typically includes free shipping.
Of course, local shops may do much better on price, but then people conveniently forget to say they spend $100 to just drive there, spend $10 on parking, and had lunch for $20.
Edited by NumisEd
12/28/2024 2:42 pm
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 Posted 12/29/2024  7:53 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list
The 100 + 10 + 20 .
to a dealer expenses off of tax deductible income.
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 Posted 12/29/2024  9:20 pm  Show Profile   Bookmark this reply Add Marv65 to your friends list
10% is still around $260. So in reality it is NOT melt - Right?
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