Mint State performance vs. price of gold
MS 63 and 64 Saint Gaudens are the rare coins that most often mimick the movements of gold bullion. When gold is trading up, Saints trade up, and vice versa.
The one major difference is that when gold bullion begins moving up, Saints in 63 and 64 can trade at much higher multiples during the same time frame. For example, during the March-May period of 2006 when gold spiked up $160 per ounce from $560 to $726 per ounce, MS 63 Saints moved from $766 to $1,027 (an increase of $261 per coin) and MS 64 Saints moved from $916 to $1,204 (an increase of $288 per coin). Saints will track gold price movements, as evidenced by the chart above, but once gold starts a significant run, Saints can significantly outperform gold prices at the same time.
