Numismatic VS. Melt value of Gold Coins

[Elcid69]

As the price of PM goes down from previous highs, can coins like $20 Saint Gaudens be a better value to buy as compared to other gold coins or bullion?

[fb101]

I have heard recently that many common ones are trading just a few $ over melt right now.
As far as comparing, depends what you're comparing to.

[Engineer]

As the price of PM goes down from previous highs, can coins like $20 Saint Gaudens be a better value to buy as compared to other gold coins or bullion?

I haven't been around coins long enough to be an expert, but it seems to me that people try to unload their numismatic coins during dips to buy more bullion, and numi premiums seem to go up when they think bullion is over priced.

[Rob72830]

As the price of PM goes down from previous highs, can coins like $20 Saint Gaudens be a better value to buy as compared to other gold coins or bullion?

I don't think so unless you are buying rare coins. Rare coins will hold their value due to their low mintage, condition, and demand. Common dates/mintages/low grade usually trade pretty close to melt. In my opinion, the bullion market does affect the value of all gold and silver coins except for the rare which are going to sell way over melt simply due to high demand and low supply.