As many of you know, our monthly Spotlight Coin has featured some of the best buys in the...
Why are we so excited about this month’s Spotlight offer? U.S. gold type sets have been a collector favorite for decades – but now they’re one of the very best values too!
One of the Most Popular Ways to Own U.S. Gold
Assembling a type set is one of the most popular ways to collect American gold coins. That is, the goal is to own one piece from each denomination and design (as opposed to multiple dates within the same series). This strategy lends itself particular well to U.S. gold coins, as there is a plethora of key dates. Almost every U.S. gold series contains one (or multiple) ultra-rarities that can cost five or six figures, making collecting by date prohibitively expensive. By comparison, type sets can be assembled (even in high grades) affordably.
There are three basic U.S. gold type sets:
4-Piece Basic Liberty
- $2.50 Liberty Quarter Eagle (1840-1907)
- $5 Liberty Half Eagle (1839-1908)
- $10 Liberty Eagle (1840-1907)
- $20 Liberty Double Eagle (1850-1907)
4-Piece Basic Indian/Saint
- $2.50 Indian Quarter Eagle (1908-1929)
- $5 Indian Half Eagle (1908-1929)
- $10 Indian Eagle (1907-1933)
- $20 Saint-Gaudens Double Eagle (1907-1933)
11-Piece U.S. Gold Set
- All four coins in the Liberty set
- All four coins in the Indian/Saint set
- Type 1 Gold Dollar (1849-1854)
- Type 3 Gold Dollar (1856-1889)
- $3 Gold Princess (1854-1889)
From time to time, major numismatic retailers have promoted basic and complete U.S. gold type sets in higher grades. Almost without fail, these large-scale promotions end with the same result: a shortage of coins in the marketplace. As rare vintage coins with a finite supply, even a mild uptick in demand can absorb available coins in the marketplace. When stocks run low and there are orders to fill, prices gravitate upwards.
This phenomenon has occurred many times over the decades, but three “supply shocks” truly stand out in our mind: spring 2006, late 2009, and mid-year 2011. In all cases, gold rallied and a fresh wave of investors started buying vintage U.S. gold coins. As is often the case, many of these new buyers started building type sets—and prices climbed substantially. In each of these rallies, pre-1933 U.S. gold coin prices soared in a very short amount of time.
Currently, we’re in a rather quiet vintage U.S. gold market. With gold trading in a narrow channel and coin shows and auctions slowed during the pandemic, many pre-1933 U.S. gold coins have corrected to very reasonable levels. Just as bullion premiums have settled close to historic lows, many vintage coins have drifted into “bargain” territory. We’ve been carefully tracking this sector all along – and now we feel it’s time to pounce.
It's worth noting that these collections have risen in price since last time we were able to offer them in 2019 at historic lows. The good news is we have seen an appreciation in value since then, and there's still "room to run"
Right now, these MS63 type sets have impressive price appeal. In addition, they also have excellent numismatic appeal. Each group is an instant U.S. gold collection—and in high grade no less. These vintage U.S. gold coins are usually seen in circulated grades, like Very Fine and Extremely Fine. In numerical terms, they often grade between 20-40. If a classic American gold coin survives in Uncirculated, it’s usually because it was stashed in a large canvas bag and vaulted in storage for decades. These coins are technically Mint State (i.e., show no signs of wear) but are usually heavily abraded and graded MS61-MS62.
Numismatic coins cannot be awarded the MS63 grade level without displaying such strong aesthetic and technical quality. Today’s MS63 gold pieces exhibit ample luster, clean surfaces and have excellent eye appeal. At arm’s length, these specimens have the look of Gem Uncirculated pieces—but do not carry the hefty price tag.
Note, this set has a significant “spread” to MS64. As our late Co-Founder, Glen O. Kirsch always said, “buy the highest grade you can afford before the next major price jump.” Not only are the MS63 coins more reasonably priced (and therefore more accessible to numismatists) than MS64, they will have the chance to appreciate as part of your collector's portfolio. This is the best way to own superbly-preserved U.S. gold without the higher cost of an MS64.
Today's Offer
Here are three ways you can take advantage of the current price levels. We have very limited availability on these sets, so if you are looking to add one to your portfolio, you must act now!
Here are three ways you can take advantage of the current price levels. We have very limited availability on these sets, so if you are looking to add one to your portfolio, you must act now!
4-Piece Basic Liberty Gold—$4,799 per set with free shipping*
Contains 1 each of the following coins in NGC/PCGS MS63:
- $2.50 Liberty Quarter Eagle (1840-1907)
- $5 Liberty Half Eagle (1839-1908)
- $10 Liberty Eagle (1840-1907)
- $20 Liberty Double Eagle (1850-1907)
4-Piece Basic Indian/Saint-Gaudens Gold—$5,299 per set with free shipping*
Contains 1 each of the following coins in NGC/PCGS MS63:
- $2.50 Indian Quarter Eagle (1908-1929)
- $5 Indian Half Eagle (1908-1929)
- $10 Indian Eagle (1907-1933)
- $20 Saint-Gaudens Double Eagle (1907-1933)
11-Piece “Master” U.S. Gold—$14,599 per set with free shipping*
Contains 1 each of the following in NGC/PCGS MS63:
- All four coins in the Liberty set
- All four coins in the Indian/Saint-Gaudens set
- Type 1 Gold Dollar (1849-1854)
- Type 3 Gold Dollar (1856-1889)
- $3 Gold Princess (1854-1889)
We only have ONE complete 11-piece set left... so claim it now!
As with many of our offers, these coins will not last long, and they may not come around again for a while. Take advantage of this special offer by calling us at 800-831-0007, or by email at infoasi@assetstrategies.com.
*Prices subject to change based on market fluctuation and product availability. Prices reflected are for cash, check, or bank wire. Free shipping, handling, and insurance are available for all quantities ordered. Offer expires Friday, April 23, 2021, or while supplies last.
