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-   -   Appears that Saints & GOLD MS COINS are... (http://goldismoney.info/forums/showthread.php?t=197211)

HistoryStudent 11-06-2007 01:40 PM
Appears that Saints & GOLD MS COINS are...
 
http://www.pcgs.com/prices/frame.cht...gaudens_twenty


Compressing into small differences compared to their INHERENT value. What I am saying is that old relationships of multibles of value are shrinking and that the gold value is NOW RULING - with MS grade making a slight difference.

I.E. = SAINTS (in my charts back 30 years) old MS65 value was around 300% now only about 150% of gold value.

Interesting situation!

CyberGold 11-06-2007 03:21 PM
Re: Appears that Saints & GOLD MS COINS are...
 
Yes, last weekend when gold closed at 783 I was buying AU/BU Saints and Libs for 808 to 815 - even got a 1908-D No Motto in 63 for that.

Right now I am buying NGC MS-64 Morgans

Master_Ho 11-06-2007 04:53 PM
Re: Appears that Saints & GOLD MS COINS are...
 
Quote:
Originally Posted by HistoryStudent (Post 815693)
http://www.pcgs.com/prices/frame.cht...gaudens_twenty


Compressing into small differences compared to their INHERENT value. What I am saying is that old relationships of multibles of value are shrinking and that the gold value is NOW RULING - with MS grade making a slight difference.

I.E. = SAINTS (in my charts back 30 years) old MS65 value was around 300% now only about 150% of gold value.

Interesting situation!
You might be - and probably ARE right - but I have noticed with PCGS that sometime the bullion prices rise and it takes a few days - even a week, for them to reflect on their coin price list........I tend to check on Fridays after the markets close..........I do a rough estimation of what my metals have done that week.

HistoryStudent 11-06-2007 09:10 PM
Re: Appears that Saints & GOLD MS COINS are...
 
Quote:
Originally Posted by Master_Ho (Post 816133)
You might be - and probably ARE right - but I have noticed with PCGS that sometime the bullion prices rise and it takes a few days - even a week, for them to reflect on their coin price list........I tend to check on Fridays after the markets close..........I do a rough estimation of what my metals have done that week.
Good observation. I know there is KNEE JERK response in both the stocks and the numismatics toward value.

That response might take a week or a few days.

Sometimes the markets are slow.

I think they (gold & silver spot markets) smell war or currency default; but, who knows for sure, right?


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