Superb Opportunity for Savvy Saints Investors
By Brian Zweig
Last month’s Spotlight Coin sets were one of our most popular and compelling offers of 2019 so far. ASI has been an active trader in Saint-Gaudens Double Eagles for decades and a major supplier of graded coins for many years and it’s been rare to see an offer sell out as quickly as those MS66 Saint sets did! Over the years, we’ve offered some outstanding deals on $20 Saints – including some great opportunities for scarce, mint-marked, and low-premium issues.
For the merry month of May, we wanted to give the people more of what they wanted… and we were able to obtain a significant number of Saints in a slightly lower grade, and at an aggressively lower price point.
So, what is all the fuss about? Produced from 1907-1933, the Saint-Gaudens Double Eagle coins are held to be the most beautiful coins in U.S. History. Their extraordinary quality and visual appeal have long made them a popular item among numismatists.
For Double Eagles, the production boom of 1908 was followed up by years of feeble mintages. All three active mints, including Philadelphia, cut back their $20 releases substantially and kept mintages low through the teens.
Amazingly, such a huge surplus of coins remained that all United States gold coin production halted. Not a single gold piece of any denomination was struck in 1917, 1918 or 1919. Finally, after the oversupply had dissipated, the federal government resumed making gold coins in the early to mid-1920’s.
When President Franklin Delano Roosevelt ended the gold standard in the United States in 1933 to alleviate financial woes after the Great Depression, a larger number of the Saint-Gaudens Double Eagles were melted down, making the surviving coins a very desirable item for numismatists and collectors.
Even though the Saint-Gaudens’ outstanding obverse design was resurrected for use on US bullion coinage in 1986, the allure of the original mintages has never faded. Despite being such a well-known coin, several dates within the $20 Saint-Gaudens series remain highly underrated. It is common knowledge among numismatists that there are six extremely common dates: 1908 No Motto, 1924, 1925, 1926, 1927 and 1928. These issues are always available, even in mid to high grades.
Today we’re able to offer these so-called “common date” Saints at an even lower price point than usual. The current market supply has outpaced the demand, so we are able to offer these coins for less than $1,600 apiece. They’re currently valued at around $2,200 on the NGC price guide, making this offer quite a steal!
For the investor crowd, this is an opportunity to snatch up historic gold coins for relatively close to spot price and a great time to take advantage of a quiet market. The value of the Saint-Gaudens $20 Coin is derived from the coin’s gold content as well as collector demand, meaning its value can be significantly affected by changes in the price of gold. At the peak of the last gold bull market, $20 Saint-Gaudens coins sold at about almost three times the value of gold!
If your portfolio doesn’t contain $20 Saints, now is the time to add them. If you weren’t fortunate enough to take advantage of our MS66 Saint-Gaudens $20 Spotlight Coin sets last month, then we especially encourage you to consider this offering of $20 Saints in MS65.
Today's Spotlight Offer
We have 100 graded MS65 Saint-Gaudens $20 coins available at various common dates:
- 1-9 coins at just $1,599 each*
- 10+ coins for only $1,579 per coin*
We doubt MS65 Saints will be buyable at these tiny premiums for long. Quiet markets like this provide savvy investors with superb opportunities – and this is a prime example.
Please call us today at 800-831-0007 or email us to purchase your MS65 Saint-Gaudens Double Eagles.
*Prices subject to change based on market fluctuation and product availability. Prices reflected are for cash, check, or bank wire. Free shipping, handling, and insurance are available for all quantities ordered. Offer expires Friday, May 10, 2019, or while supplies last.