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A bargain in today’s gold market
$10 Indian gold coins certified in near-gem MS64 condition by PCGS or NGC are an excellent investment in today’s gold market. They combine exceptional scarcity, superb quality, constant collector demand, a gorgeous design, and unusually low prices.
In addition, MS64 $10 Indians are temporarily trading at extremely low premiums to their underlying gold price, making them one of the best bargains available. We highly recommend them to all gold investors.
True scarcity means added leverage
Minted from 1907 to 1933, $10 Indian gold coins were designed by the eminent American sculptor Augustus Saint-Gaudens, who also designed the $20 gold piece that bears his name. The Indian design was the final regular issue $10 gold coin struck by the U.S. Mint.
The $10 denomination was heavily used in everyday commerce, and many coins were lost to the melting pot when gold was recalled from circulation in 1933. As a result, these coins are quite scarce today in the higher Mint State grades like MS64.
Out of the tens of millions minted, only 21,797 coins survive in certified in near-gem MS64 condition (PCGS and NGC combined), with only 5,700 coins grading higher.
The true scarcity of MS64 $10 Indian coins can create outstanding leverage to a rising gold price. During the bull market of 1989 they traded for $6,300 each--multiples of today’s low price.
Low premiums mean exceptional value
$10 Indian gold coins in MS64 are extremely undervalued today relative to their underlying gold melt value. Trading at close to their lowest premium in two years, they are one of the best deals in the gold market.
Over the past five years, the average premium for $10 Indian coins in MS64 has been 393%, much higher than it is today. But in recent weeks, because of a short-term lag in the market for some U.S. gold coins, premiums for these scarce gold eagles have fallen to just 331%, their lowest price relative to their underlying gold value in more than two years, and their second lowest in five years. At these prices, $10 Indians in MS64 offer a superb buying opportunity with very strong upside potential.
In the chart above, the 5-year average premium is indicated by the horizontal blue line, and standard deviations by the red and green lines. When MS64 $10 Indians trade below their average premium of 393%, they are considered a good deal. But when they trade at premiums below 340%, the low side of their standard deviation, like they are today, they’re considered a great bargain!
As the gold market heats up, we expect these coins to surpass their average premium 393% and probably push far above it. They offer exceptional upside potential with very little downside risk and should not be passed up!
Gold is enjoying its most aggressive and sustained bull market in a quarter-century. Experts are predicting gold prices as high as $1,000 to $2,000 in coming years. We urge you to take advantage of this temporary buying opportunity to increase your core position with these classic coins at absurdly low premiums. When gold breaks out again, you'll be glad you did!
Key Benefits, U.S. $10 Indian gold coins (MS64)
• Exceptional scarcity. Only 21,797 examples have been certified in near-gem MS64 condition (PCGS and NGC combined), promising excellent leverage to a rising gold price.
• Extremely low premiums. Now trading for only 331% of gold melt value, their lowest premium in more than two years, $10 Indians (MS64) are one of the best bargains in the gold market.
• Previous market high of $6,300 in 1989.* These coins combine low price and low risk with immense upside potential.
• Constant collector demand. $10 Indian gold coins are immensely popular because of their large size, attractive design, and important history. Constant demand ensures easy liquidity.
$10 Indian (MS64) Specifications
Minted: 1907 to 1933 (dates our choice)
Content: 0.48375 oz. pure gold
Size: 27 mm, reeded edge
Weight: 16.718 grams
Population: 21,797 in MS64 (NGC and PCGS combined, 8/06)
* Past performance is no guarantee of future performance.
Special Pricing: $2,270
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