Help With Gold $20 St. Gauden Coins...to purchase

JoshL

I am looking for some information. I want to purchase some St Gauden $20 Gold Coins. My budget is approximately $40,000.00

What I would like to know is...long term have these coins consistently increased in value? Long-Term meaning 10 to 20 years?

Are these coins considered solid investments as far as holding power...of their purchased value?

Does anyone have suggestions as to which dates have a better investment potential?

I am looking for dealers that have a good stock of PCGS St Gaudens...reputable dealers of course. Looking for MS64+ coins.

Any suggestions and help would be appreciated.

Thank You ahead of time

mansco

Hi Josh,

I'm not a dealer, although I'm about to put my Saints up for sale (mine are MS63 and some 62's ). I think gold double eagles are a good investment. But probably not the best bang for the buck. Unless you are putting together a complete set for your own enjoyment (like I was trying to) then $40 K is probably not going to go a long way from an investment perspective. I have all the commons, if I were investing to maximize my profit, I'd probably try to buy most of the coins I don't have. If you are buying because you like these gorgeous coins, then I'd buy all the commons now. They've been volatile over the past couple of decades, but tend to follow bullion. If I had your $40K and I wanted to put it into gold, I'd buy a few of the tougher Saints, but I'd be looking at the other gold denomintions, especially the the 19th century coins and focus on some of the old mintmarks ( Carson City, Dahlonega, and Charlotte ) as well at the pre gold rush coins.

But if you want a nice start on saints and you think you could live with MS63's (I think they will hold there own), you might be interested in my set which is about 60% completed.

Mansco Perry