My set is getting slaughtered...(Red on price guide)
ReadyFireAim
Posts: 1,835 ✭✭✭✭✭
https://www.pcgs.com/prices/priceguidedetail.aspx?c=67&title=st.+gaudens+$20
Even a couple I thought would go up got gutted.
At this rate of loss, I'm thinking about going back to crashing race cars & gliders.
That was exciting at least. 
4
Comments
I do see a lot of RED
Hang ON and don't sell
Maybe, but whatever is reported in the guide reflects what has happened in the markets over the past 6-12 months.
It only matters when you sell.......
looks like the Saint Valentine's day massacre
Wisdom has been chasing you but, you've always been faster
My Saint Set
Wow!!! I hope our ride with holding coins isn't as scary as that one!!!
New promotion opportunity...
Get a Saint Gaudens double eagle free with your happy meal purchase
My Saint Set
Perhaps in a Cheerios Box...
CC
Only a loss/gain when you decide to sell- I'd just enjoy this set, and upgrade where you can. Should be good buying opportunity. Congrats on having a complete set of these...wow, shoot, just shy of the '33? That's awesome!
Still over a million to put a gem set together.
``https://ebay.us/m/KxolR5
Perhaps the rumors about large numbers of these coming in from Europe are true.
Not a rumor at all, quite true. Plenty of supply.
I think the "Age of Sets" is ....on the wane.
Just time to weather the storm created by crap being graded that shouldn't have been. I'm experiencing the same and will just bide my time. Smart buyers are still buying...but those that only go by the number on the holder lambast me!( Yeah right...I'm gonna sell my choice original XF for the same price as that dipped out POS that just sold at auction!) This is IMHO why both grading services have been under grading lately. I think it is time for some grading guarantees to be paid out!
A good source told me most were now coming from Venezuela.
Unconfirmed but makes sense with their economy.
Man, I think we must have shipped tons and tons of US gold out of the country.
What you would expect if I had bought some, but I did not. Sure a lot of red and such beautiful coins. They aren't acting Saintly.
Ouch. Red all over. Hmm... I am going to have to check something, too.
Just glad I am just a buyer.
You don’t loose money until you sell
Hold and enjoy the hobby it not an investment tool just a hobby remember that
Nothing else matters
Enjoy
https://www.pcgs.com/prices/graph.aspx?range=10 years&filename=gengold
https://www.kitco.com/charts/popup/au3650nyb.html
Speaking of red... " when there is blood in the streets...."
``https://ebay.us/m/KxolR5
I'm very, very impressed with your left hand grip!
When gold pops back above $1300 or $1400 inevitably the tide will turn in your favor.
Ouch. Is it really a good time to buy?
LOL
True...Also...I'm #8 right now and nowhere near a complete set.
How come the ones I bought go down and the ones I want to buy go up in $?
My Saint Set
This seems to sum up a lot of the market:
LIBERTY SEATED DIMES WITH MAJOR VARIETIES CIRCULATION STRIKES (1837-1891) digital album
just think what it will do when gold goes back up +++++
Just enjoy the collection.. worrying about value just ruins the fun. Unless you need to sell...Then it becomes a concern. If no need, just keep adding while prices are low. Cheers, RickO
I have one Saint a PCGS 1907 MS63 no red....yet
Sets are becoming the hobby of kings and billionaires now. One of the greatest sets, a set of sets, is being assembled before us now.
For mere mortal sets, I think many prices are too high for coins that will continue to decline. Often only the top of the top are increasing now.
Despite the wisdom of these words, I still like my meat-and-potato sets of Washingtons, Franklins. But I am trying just to make them circ sets, so I can think of them essentially as bullion, which I don't mind having. Other than that, I can't seem to shake my enjoyment of circ Indians and Buffalos though -- having a harder time justifying those as bullion.
At least they too are on the circulated side of things; in the grand scheme, not a whole ton of money at play in them.
Half my coins have a 'PCGS population higher' number of less than 100.
I thought I was pretty safe in assuming there are one hundred people in the world as interested as me.
My Saint Set
One person's "slaughter" is another person's buying opportunity.
don't sweat it, it's just part of the trade. most hobbies don't make money
I try to make my hobbies make money. All I have is hobbies and no job
Bonsai ... most likely a loss after water bill, trees do have value tho.
Kayal Fishing .... I Bring home the freshest and best seafood .... A break-even hobby.
Gold Mining ..... Sure is fun and great exercise but a loss at the moment. I am starting to pile up gold at a loss for now tho.
Nature Photography ... I make money doing this.
Error Coin Collecting ..... This has turned out to be my main business as it is so lucrative.
"Population numbers" are nearly useless. They are not a valid sample of the quantity of items available or even of the quantity submitted for examination by the 3 major TPGs.
A nice Saint-Gaudens gold set is very impressive, but unless the half dozen rare coins are included it will always be heavily valued as bullion. Maybe you should consider branching out into double eagle die varieties rather than buying more bullion-based pieces?
I wouldn't sweat it too much unless I had to sell in this down market and I bought when gold was upwards of $1800/oz. If you're not in that position... like ricko said... just sit back and enjoy your set.
Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
There are far more common date coins than Saint set collectors, but more Saint set collectors than rare date Saints.
Liberty: Parent of Science & Industry
I'm not sure the PCGS price guide is at all accurate for example you can't buy any of the Barber Half dollars (except common) dates for the prices posted. In the past the prices were always so much higher than RETAIL on PCGS price guide. I don't know what accurate purpose the guide serves.
Please don't tell me it's "a guide" because it's not.
I thought I might be able to buy nice Barber halves for a price reflecting this weak market. I do believe the nice for the grade stuff is too high or off the market for now.
Now then you have a set? A set of Saints? The set is worth more than the sum total of that sites numbers.
I'm interested in finding an original VF but have drawn a blank in locating one that satisfies my criteria since it would be part of a special set I am building. A VF 1909-S would be sweet since my quarter is a 1909-D.
Whoever is careless with the truth in small matters cannot be trusted with important matters.
@RogerB has a good point. The coin is one of (if not the single) most beautiful coin the US has produced. Unfortunately, a handful of stupendous rarities and more than a few steep condition rarities in MS make building a set of these frustrating from the outset.
Yep...That is the tricky part.
You have to get the super-gem commons that are condition rare but now you are competing with type collectors.
1924, 1927, 1928,
Rare coins are only really important to set collectors & they buy pretty much any mint state.
1932, 1931, 1930
The coins that just got slaughtered were between the 2.
Maybe call them "hard-gems"???
1914-S, 1915-S, 1911-0 & about 10 more.
Basically, everything MS66 and higher held along with rarities.
The 1912 & 1920 held also (as I predicted)
The 1913-D went down (I thought it would go up)
Every other "nice 65" went down (I thought it would hold)
My Saint Set