GoldFinger1969

Thanks for the heads-up, I'm going to look for some HD pics of a 1911 Proof Saint to see this appearance. What do you mean by "messed with", Mark ? You mean handled or not properly stored ? I would think these coins went exclusively to hard-core coin collectors who would have properly cared for them, unlike MCMVII HRs where you had lots of ordinary folks mishandle them.

Roger's book notes that the low fixed-price meant that gold miners were LOSING $$$ and this reduced the new supply of gold -- which led to a tighter money supply leading to the problems of 1929. While a gold standard is a restraint on unlimited government spending, it's not a fail-safe. The bigger problem is that during a crisis -- 2008 Financial Crisis, 2020 Covid Pandemic -- the central bank is restrained from providing maximum liquidity. We saw how this worked out in 2011 during the European Debt Debacle. I am more worried over too many people getting too many benefits paid for by too few people. When many tax filers pay NOTHING, it creates a "who cares ?" situation for fiscal responsibility.

Can we at least agree that whatever you call these proofs from 80-100 years or more ago.....they differ in appearance and how they were struck from today's Mirror Proofs ?

I have to get my coin books out, because I always get confused on Matte vs. Sandblast vs. Satin vs. Roman. And then there's the 1921 Saint Specimens........

Last I checked, Parsiappany was back and strong (I went last year) and Mt. Kisco I believe I went after Covid hit but I am not 100% sure. I know I went right before Covid hit because it was before or after I went to FUN 2020 in January 2020. My mind is a bit fuzzy on when I last attended. I'll try and see if the shows are all looking at 2022 dates. Westchester (which was fading) was a quarterly show; Mt Kisco (which was rising) was supposed to be quarterly (I think) before Covid interrupted.

Gold holders were cheated because (1) they gave up gold they didn't want to surrender, whatever the value and (2) they suffered the 40% loss that Eagle cited. The revaluation was necessary to inflate the economy since the Fed and Benjamin Strong had been too tight from 1928-33.

I would LOVE to own a high-end Saint that can trace it's lineage back to some great collectors or even some auction catalogs or auctions affiliated with folks like Mehl, Kosoff, etc.

I'm of a different faith...I belong to Jim Cramer's "The Church of What's Happening Now" ??

Not for a 1908 No Motto which you are buying as a bullion substitute and just to have a Saint. On a nicer coin, more expensive....it would bother me. But not for a common Saint.

No, because if you really want...if/when you ever bulk-submit a few coins, ask for a new holder from PCGS and they should probably give you a decent price. So you spend maybe another $30 on a holder without a re-grade. I think they will do that. At least I would hope so !

Romaine Gold....a very exotic lettuce.

Me too....the Garden State/Parsippany Coin Show is pretty good. Ditto Mt. Kisco and the Westchester shows (assuming it's still alive). Patience !

Interesting...so he only collected proof gold (all of them matte ?). Very impressive Saints.

I have a few classic -- to me -- catalogs. I have the Menjou 1950....Price 1998.....Duckor 2012...and the 1933 Double Eagle Sotheby's from 2002. An eccletic collection that just happened to interest me, mostly with top-quality Saints for sale. The price information is what intrigued me, especially when combined with the price matrixes from Roger's book and Red Books. Easy to construct long-term price movements which always fascinate me.

The Norwebs not only collected U.S. coins but foreign, too. Their 1908-S MS-68 Saint could be the finest-looking Saint in existence. David Akers thought so.

Check out your local coin shops or a local coin show. For a common Saint like you are seeking, you're paying a convenience premium buying online for ease, quickness, etc. It's one thing to pay a premium price for a tough coin to find or one you really like. But since this is a common generic Saint, you will probably find the best price at a LCS....unless and until you get lucky bidding on someone who bought theirs cheap and will let it go for bullion spot or a bit below plus a modest premium including the BP.

If restitution takes place, I don't know about that. Plus, as Eagle said, the law is used against those only in specific situations involving criminal behavior with a high risk of flight risk, asset concealment, etc. We just haven't seen it used against a couple having dinner with their children at the supper table. It's mostly used against drug lords. Nah, it was the 1933 EO. I don't care if they declared the value of gold $1.00 an ounce and SAVED the American holders of gold money by avoiding the re-valuation downward....you can't TAKE what isn't yours. I still don't know how/why the Sutherland Supreme Court didn't strike this down....I'll have to check to see if it reached that high. In the Saints Thread and maybe the Saints Book, Roger I think talked about a few court cases where some big holders of gold had theirs seized and they went to court to get it back.

Yup...you weren't aware that RWB was on these forums ? Same guy as the author of that book which I bought and read 2 years ago. Get the book, you'll love it. BTW, we also have (occasionally) the only holder of a 1933 Double Eagle posting here, but if you want to buy that one, it'll cost you a wee bit more than $1,900. I'll look around for you on the Saints.....have you checked your LCS ? If you just want a common Saint or Liberty in low-Mint State, you shouldn't have to pay $200 or more over spot (unless silver-like premiums are now embedded in Saints).

Isn't that mostly used against criminal enterprises, drug dealers, RICO folks, etc. ?

I haven't checked lately -- I will when I get a chance (busy day today with the Fed ) -- but what is the total all-in cost via HA and GC for a common Saint (like a 1924) in MS-63 or MS-62 condition ? You SHOULD be able to grab one of those, even in the holders, for bullion plus a modest premium, if not at the auction sites than maybe direct from APMEX or Ebay (reputable seller) or your LCS.

MOST people back then -- like my relatives -- did NOT have much in the way of gold. Either nothing or maybe 1 or 2 of the smaller coins. As Roger and others have said here, you'd have to be upper middle class or above to have 5 or more Double Eagles just lying around. With the Depression at its nadir...with 25% of the population out of work...with people worrying about shelter and food....a few million people having to turn in gold wasn't a concern to the other 60-70 million adults.

How is it during the heat waves ? I shave my stubble just to feel cooler when it's above 90 degrees.....and the haircut I got 10 days ago from medium long hair to pretty short makes ALL the difference in feeling cooler. Even Teddy got his hair cut a week or so ago !

If I recall...that coin was "Brilliant Uncirculated" from a mass gold seller like Apmex or someone. So paying $2,000 for a coin that is probably equivalent to an MS-63 (I think that's what BU equates to) is very pricey. At that level, you should be closer to spot gold of $1,720 or so. I would pay $1,750 tops for a common Saint which is about a $90 premium ($30 cost, $60 for gold quantity differential under 1 ounce). That's assuming I like the coin and the holder it is in. Sometimes you find a coin that is properly graded but has the "damage" in areas you are less sensitive about whether it is the rim, fields, devices, etc.

I love HA and their archived information and all that they do to promote our hobby..... but at times I do wish they would run "specials" where the BP was 10-12%, especially on more common stuff. I know their overhead is high but losing 5-10% on a small number of lower-priced items shouldn't put too much of a dent in their bottom line.

I hope not. Guy had an ordinary penny and he "sees" an S-mintmark far from the normal area like some people see Abraham Lincoln in a potato chip. He was offended we didn't think he could get hundreds or $1,000 for it and basically attacked us. I honestly think he was NOT a troll...I actually think he was either nuts or was so irrational that he really thought the coin was valuable. If you're going to troll, I would think you'd do a better job of it than coming off as a complete you-know-what within 2 posts and getting booted within 48 hours. Most trolls like staying power.