What happenned to all the PCGS MS-63 Saints?

RYK

I have some common dates Saints that I am looking to sell. I usually use ebay as a resource to determine what these generic coins are bringing. I did my usual search and was very surprised to see how few were available and almost none were availablein a low (reasonable start) or no reserve auction. Is it short supply? Is it the slowdown around the holidays? Is it the pre-FUN lull?

USMC_6115

I check that rather often myself and have watched it dwindle over the last few months...

mgoodm3

I just got one.

MadMonk

I have two. I'm waiting to see what gold does for the next week, then will probably put one on the market.

RYK

I sold two PCGS MS-63 Saints today at the local dealer. If I ever I decide to play the cycle again, I would definitely do it with Saints. There definitely is some leverage with the Saints that you do not get with American Gold Eagles (or other bullion) or with similar-priced Liberty $20's. Interestingly, I purchased some European classic gold coins (French "Roosters", British sovs, etc.). This seems to be the absolute worst way to play it. The Bid/Ask spread is tremendous and the same guys who are happy to sell you this junk are less interested in buying it back. I ditched the Roosters and Helvetias for a small profit (big hassle), and I still have 40 British sovs (nearly 10 oz of gold) to play with. If gold continues to rise, these are the next ones to go.

Robert

wallstreetman

Tells me you will get a good price! Glad to hear it, since I have a few.

dorkkarl

dunno about ms-63, but bid on RAW ms-60 $20 saints IS HIGHER THAN PCGS slabed ms-60 bid.

this is a TRUE statement.

K S

darktone

Well, I think I will be cracking out all my saints. I have noticed the price sheets are falling behind on US gold coins. For example blue sheet is higher on MS63 $5 indians than Coin World lists them for at retail! mike