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1924 Saint Gaudens $20, PCGS MS-65

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coinguybrian's Avatar
United States
5375 Posts
 Posted 06/04/2008  02:52 am Show Profile   Bookmark this topic Add coinguybrian to your friends list Get a Link to this Message Number of Subscribers
Trying to determine whether I should get this, gold is extremely high but at such a high grade it has a lot of coin value, oh, and it's going for 1400, I'm going to try to get it for 1300, PCGS price guide is trending 2000 for this, so it's a real steal. However, in the long run, I don't know if it's worth it.
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m9frank's Avatar
United States
628 Posts
 Posted 06/04/2008  09:54 am  Show Profile   Bookmark this reply Add m9frank to your friends list Get a Link to this Reply
PCGS price guide prices are high. $1300 would not be a bad price, not a steal either.

It's tough to guess how this coin will fare as an investment. MS65 and higher are not affected nearly as much by gold price swings as lower grades.

I personally would buy it. They are beautiful coins.

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coinguybrian's Avatar
United States
5375 Posts
 Posted 06/04/2008  1:01 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
Yeah, that's what I thought (about the gold price). And generally how high is it? MS65 is going for 1600 RedBook for common dates and this was when gold was 650 and ounce, plus I think higher grades have gone up since then too.
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Jaobler's Avatar
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6384 Posts
 Posted 06/04/2008  5:41 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Judging from Heritage prices realized in 2008 auctions, $1300 would be a very good price. However, if I were ready to hunt down a PCGS Saint in MS-65 I would try for a different date. The 1908 no motto, 1924, 1927, and 1928 are the most common coins in the series. I would rather search for a 1925, 1926, or 1923-D which are all available in PCGS MS-65. Although they are less common than the other four the prices are generally pretty close.

Just my opinion!
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