Reasons for Investing in 20 Saint Gaudens

The $20 Saint Gaudens gold coins or the "Double Eagles" were first minted by the US Government between 1907 and 1933. These coins are now widely popular with everyone from numismatists to professional investors. The Saint Gaudens’ flawless surfaces and needlepoint stitching make it a “masterpiece of art” and a coin collector’s dream. Adding to this, the $20 Saint-Gaudens are a very rare, short-lived series, which makes it extremely valuable and an investment worth considering.

Rising Demand and Limited Supply: Now is the Best Time to Own $20 Saint Gaudens

The $20 Saint Gaudens have been out of production for over 76 years. This finite supply of coins, coupled with rising popularity of the St. Gaudens, are making savvy individuals hoard the already limited coin reserves. Therefore, now is the best time to buy into $20 Saint Gaudens, as several fundamental factors are likely to result in higher demand in the near future. This includes the $20 Saint Gaudens’:

• Broad appeal: Among all the US rare coins, the $20 Saint Gaudens are the most widely recognized and traded. The coin series’ demand is international in scope, from royal families to private individuals.
• Well-established markets: The $20 Saint Gaudens are available in the global coin market in sufficient numbers, unlike some rarer coin series. This helps to create a fair-sized trading pool, while ensuring reasonable liquidity.
• High gold content: The $20 Saint Gaudens has a gold purity of 0.900. Each coin contains approximately 0.9675 troy ounces of gold. Therefore, when gold spot prices increases, the value of $20 Saint Gaudens can also appreciate depending on the quality and rarity factors
• Unusual privacy: In the US, ordinary gold bullion coins and bars are subject to rigid government reporting requirements. For instance, the name, mailing address and social security number of bullion sellers are recorded in the IRS Form 1099B. Some argue that this reporting is a violation of privacy, and may even conceivably result in gold confiscation sooner or later. The $20 Saint Gaudens holders, however, need not get hassled about such stringent regulations as these are classified as "rare coins" not "bullion coins".

Additionally, the stability and reliability of the $20 Saint Gaudens make them a worthwhile acquisition even for the risk averse. The Double Eagles are among a handful of coin series that did not tumble during the bear market of 1980-82, although bullion prices were facing a significant downturn. Having $20 Saint Gaudens in the grade of MS64 or better in a portfolio helps to considerably offset the risk of a recessionary economy.

$20 Saint Gaudens: Important Considerations

The $20 Saint Gaudens gold coins’ market is quoted and traded on a daily basis through a satellite-controlled trading network of coin dealers. This particular trading network has played a crucial role in US-certified rare coin trading across the world since the 1990s. Due to this network, the market of Double Eagles is highly transparent, wherein individuals can get instant price quotes 24/7.

Finally, before acquiring the $20 Saint Gaudens, check the grading. Most rare coins available are graded by a grading service (PCGS). A grade helps to determine the exact price of your coin, which becomes extremely useful when you want to sell the Double Eagles.