Demand for Twenty Dollar Saint Gaudens if Growing

The Twenty Dollar St. Gauden gold coin were minted by the US Mint from 1907 to 1933. They are now considered part of what people call numismatic gold coins or rare gold coins. The design of the $20 Saint Gauden is still renown for its amazing artwork by collectors. Due to the scarcity and the inherent gold value the $20 St. Gauden has potential profits in owning these rare coins.

The Demand for Twenty Dollar Saint Gaudens if Growing

One key driving force that separates the $20 St. Gauden from gold bullion coins like the American Gold Eagle is that production has stopped for Saint Gauden gold coins. The finite number of these gold coins enhances their value beyond the pure gold content.

There are many factors contributing to the demand for rare gold coins like the Twenty Dollar St. Gauden. One major factor is the broad appeal as this gold coin is widely accepted for its value by gold coin collectors and gold buyers looking for a hedge against inflation. Though the $20 St. Gauden is a rare gold coin the supply is large enough to allow the market to buy and sell the coins on a frequent basis. Liquidity is an important factor that makes rare gold coins an attractive buying opportunity.

Besides the rarity factor the Twenty Dollar St. Gauden is also almost pure gold. The gold purity is 0.900 with gold itself having inherent value. The price of gold has never been zero which is not the case from some stocks that have dropped sharply in people's portfolios. Recent increases in the spot price of gold also affects the price of rare gold coins, too.

One major difference between the Twenty Dollar St. Gauden and the American Gold Eagle is that the sale and purchase of American Gold Eagles is recorded with the IRS while Twnety Dollar Saint Gaudens are considered a collection and not subject to these requirements. The owning of rare gold coins is considered a private position in gold.

Rare gold coins like gold bullion coins are seen as a way to preserve wealth. Many of the factors that cause forms of investments like stocks, bonds, and real estate to decrease in value cause gold coins to increase in value. Important to understand that past performance is not a guarantee of future gains though supports the greater understanding of the value of owning rare gold coins.