Modern Gold Bullion Eagle vs Original & Private $20 St Gaudens Double Eagle in CHOICE Mint State Certified MS64
06/25/18 – Spot Gold (Gold in the ground) $1,270.00
06/22/18 – 2018 1oz. Gold American Eagle BU: $1,350.00
Private Pre-1933 $20 St. Gaudens Double Eagles Uncirculated Certified & Bar Coded MS64
ONLY: $1,450.00 (A Historical low Ratio)
That's only $100.00 more than a modern 1oz. registered American physical gold bullion asset!
Over the last 20 years these coins have been trading @ 2 to 3 times the spot gold price.
Both $20 Saint Gaudens and Liberty Double Eagles (common dates) are the rare coins that most often mimic the movements of gold bullion.
When gold is trading up, Pre-1933 certified Double Eagles trade up, and vice versa.
They will track gold price movements, as evidenced by the chart above, but once gold starts a significant run, they have always significantly outperformed gold prices at the same time.
If you currently do not own or have no interest in the trade of 1 oz. gold bullion, you can simply buy in to the Double Eagles at this historical low ratio and experience the same benefit!
In Closing: The premium has all but evaporated creating a window of opportunity to experience private capital gains not only by the price of gold rising but by the spread / premium regaining its normal ratio. In 2009 when gold was $800 per oz. these coins choice uncirculated were trading for over $2,100. This ratio glitch may never happen again so act now!
Victor Del Giorno
President / CEO, Coin Trader Inc.
Member ANA / ICTA / PCGS / NGC / CAC
Rare U.S. Coin Portfolio Planning
Precious Metals Advisory
Private Wealth Management
Direct: (504) 267-6004
I-Phone: (281) 387-0569
*Pricing subject to change plus or minus due to market conditions*