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Need some expert advice on buying generic gold Saint Gaudens

Does it matter if they are PCGS or NGC?
I noticed these grades and prices:
MS62: $1360
MS63: $1418
MS64: $1485
MS65: $1792
MS66: $2250
Any advice on which grade/price is best and why? Is it just spot plus a premium for the generics?
Anything else to look out for? For example, spots, puttied look, etc...
Are certain generic dates or mintmarks more desirable?
Thanks in advance.
I noticed these grades and prices:
MS62: $1360
MS63: $1418
MS64: $1485
MS65: $1792
MS66: $2250
Any advice on which grade/price is best and why? Is it just spot plus a premium for the generics?
Anything else to look out for? For example, spots, puttied look, etc...
Are certain generic dates or mintmarks more desirable?
Thanks in advance.
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Latin American Collection
<< <i>I'd only buy PCGS/CAC saints. Much more liquid and will hold up better if prices fall and will go up just as fast if prices rise. >>
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
Then you'll have a specimen that is very likely going to to have considerable eye appeal and you'll never be 2nd guessing wether or not it is graded properly.
The 66/CAC trades more like a numismatic coin than a generic. Expect to pay in the $3600-3800 range, not the number in the OP.
Ultimately you want spot free coins.
Up to and including ms63 there is little difference between pcgs and ngc.
Once ms64 and above it, you can expect to pay $10-$30 more per coin pcgs vs ngc.
Cac ms64's are incredibly cheap right now and can be found in the $1450-$1500 range.
I just sold an ms64+ cac today for $1525.
hope that helps.
<< <i>PCGS/CAC, MS grade, no copper spots !!!
+1
Another area that has really taken a hit is MS64 $2.5 Indians. In that case prices on everything including CAC coins has been decimated and CAC examples are probably the best buy.
The prices for the MS-65 and 66 pieces do look attractive right now, but I'd be concerned about the "C" coins that are marginal for those grades and therefore over priced. The CAC thing does make sense if you are not comfortable with your grading, but I would not pay huge premiums, like a couple hundred dollars, for them. Generic $20 St. Gaudens gold coins are not rare, and you should have to have stretch to buy them at the current market levels.
Never, never buy raw coins. Getting stuck with one counterfeit will more than off set whatever saving you get on a group of genuine coins. The prices generally have the certification costs built into them, and it's not much.
<< <i>I would by generic St. Gaudens $20 gold pieces in MS-64 or MS-63+. I would stay away from anything graded lower than MS-63. Those coins are mostly "lumps of gold."
The prices for the MS-65 and 66 pieces do look attractive right now, but I'd be concerned about the "C" coins that are marginal for those grades and therefore over priced. The CAC thing does make sense if you are not comfortable with your grading, but I would not pay huge premiums, like a couple hundred dollars, for them. Generic $20 St. Gaudens gold coins are not rare, and you should have to have stretch to buy them at the current market levels.
Never, never buy raw coins. Getting stuck with one counterfeit will more than off set whatever saving you get on a group of genuine coins. The prices generally have the certification costs built into them, and it's not much. >>
There are plenty of counterfeit gold coins out there particularly with Saints, and the Indian Head $10, $5, and $2.50. But from what I know, it's more the Indian head coins which attract more people with a lower price point.