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The St. Gaudens Double Eagle
The BEST Leverage Today In The Gold Market
The St. Gaudens Double Eagle is one of the finest gold coins ever produced by the US Mint from 1907 - 1933. It bears the name of the designer Augustus St. Gaudens who designed the obverse and the reverse. The specifications of the coin are as follows:
- Diameter: 34 millimeters
- Weight: 33.436 grams (516 grains) (1.075 troy ounces)
- Composition: 90% gold, 10% copper
- Gold Content: ~30.093 grams (464.4 grains) (0.9675 troy ounces)
A properly balanced portfolio consists of numerous investments that range from low risk to high risk. We expect small safe returns from the low risk investments and higher returns from the higher risk investments. Wouldn't it be great if one could have a low risk investment coupled with a high return? We believe you can using St. Gaudens gold coins as part of your gold investment portfolio.
The following graph indicates the prices of the MS-64 and MS-65 St. Gaudens coins over the last 25 years or so. As you can see, the MS-65's reached 500% more in price than the spot price of gold in 1989. Whats different today? Plenty. With a debt laden population, government and trillions of dollars of derivative instruments ready to explode at any moment, we believe that these numismatic coins will not just go through the roof but go into orbit.
Pricing
Price Spread
The biggest problem people face in the coin business whether you are a buyer or a seller is the price spread. On bullion coins its not too bad and ranges from 2% to 5%. But even with the very best gold dealers, the price spread with St. Gaudens is anywhere from 10% to 13%. We feel this is outrageous and offer ALL our customers a guaranteen FIVE PERCENT spread price on the buy/sell of our St. Gaudens. We know that people need money once in a while to pay for things. We also feel that people should be paid a fair price to recieve that money. We ask that you look around and any other gold dealer and you will find that our buy price is the best in the industry.
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