U.S. Gold Master Sets at 15-Year Lows!

As many of you know, our monthly Spotlight Coin has featured some of the best buys in the numismatic landscape showcasing items with exceptional historical significance, numismatic appeal, rarity, and value. We typically wait until the beginning of the month to announce a new group of coins, but this find simply couldn’t wait. MS64 U.S Gold “Type” coins are now hovering at their lowest prices in 15 years—an outstanding opportunity for investors to add high-quality gold type sets to their portfolios at low prices. Now is the time to take advantage of this situation as we don’t expect these coins to last long!

U.S. Gold Type Sets

One of the most popular ways of collecting U.S. gold coins is to assemble a type set. That is, the goal is to own one gold piece from each denomination and design (as opposed to multiple dates within the same series). This strategy works especially well for 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) for a reasonable amount.

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, like MS63 and MS64. 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, many pre-1933 U.S. gold coins have corrected to very reasonable levels. Just as bullion premiums have settled to historic lows, many vintage coins have drifted to bargain levels. We’ve been carefully tracking this sector for several months, but only just recently have prices reached an outrageously low level. We had to alert you instantly.

MS64 Gold Type Sets at 15-Year Lows!

Today, MS64 U.S. gold type sets are available at 60% lower than their 15-year peak values!

This is not a typo—your cost is less than half of the all-time high.

MS64 U.S. Gold stands out to us for three main reasons:

1. These sets are well below current NGC price guide values. All three gold type sets (Liberty, Indian and the complete set) are currently available for 10-15% below NGC’s price guide values. Your acquisition cost isn’t just attractive compared to historic values; it’s quite low relative to today’s trading range.
2. Today’s prices are dramatically below peak values. Some of these coins sold for double, triple and even quadruple of today’s values within the past 5-15 years. Your cost today is an enormous discount compared to their peaks.
3. This set has a massive value spread to MS65. Today, an 11-piece MS64 gold type set averages around $15,000, but this same set in MS65 jumps all the way to $47,025! As our late Co-Founder, Glen O. Kirsch always said, “buy the highest grade you can afford before the next major price jump.” Given this massive jump in price, MS64 gold type sets represent an outstanding value. Not only are the MS64 coins more reasonably priced (and therefore more accessible to numismatists), but they have ample “room to run.”

Right now, these MS64 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 MS64 grade level without displaying such strong aesthetic and technical quality. Today’s MS64 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. This is the best way to own superbly-preserved U.S. gold without the huge cost of an MS65.

Here are three ways you can take advantage of the current price anomaly. We have 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—$4,199 per set*

• Contains 1 each of the following coins in NGC/PCGS MS64:
  • $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—$5,549 per set*

• Contains 1 each of the following coins in NGC/PCGS MS64:
  • $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—$14,999 per set*

• Contains 1 each of the following in NGC/PCGS MS64:
  • 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)

Today’s heavily discounted price levels represent a major opportunity for sharp investors, and we don’t expect MS64 U.S. gold coins to stay at these levels for long. If you’re interested in taking advantage of these near-gem MS64 U.S. gold sets at historic low prices, please call us at 800-831-0007, or send us an email.

*Prices subject to change based on market fluctuation and product availability. Prices reflected are for cash, check, or bank wire. Offer expires Friday, November 17, 2017.