If you want to start collecting gold coins, you might not even know where to start amongst the many that exist. There are so many gold products out there, from the British Gold Sovereign to the many number of modern coins that you can pick up through dealers, that it's difficult to find out which ones are the best to get.
The highest value of these coins is not monetary, it is in the exquisite design details. The front of the coin features Augustus Saint-Gaudens' gorgeous depiction of Lady Liberty against the capitol buildings in the background. The back of the coin depicts an impressive, soaring Eagle above a nest inscribed with the standard "E Pluribus Unum" and "In God We Trust". And of course there is the value due to the weight in gold.
If you are a beginning investor, it's worth noting for you that the Gold Eagle coins may be a great choice because of the variety of sizes that are available. The American Eagle is made available in denominations of 1/10oz, 1/4oz, 1/2oz and 1oz. Even though the spot price on gold has it's daily fluctuations, these coins seem to maintain their price at a small premium just above the price of gold. So how that works would be if gold is $950, then the 1oz coin would probably be selling for about $1,000. Actually, there was a'99 1/10-ounce gold eagle coin listed on eBay that will sell for at least $117. Since this is above the $95 (or so) spot price value, it would seem to be a reasonable premium.
While many folks will try to tell you a gold coin is "just" a gold coin, always remember that buying American backed coins DOES matter in the mind of most collector around the world. One thing an investor can count on is they will be purchasing a product of quality when they choose to purchase Gold Eagle coins.
When you want to find the best products that are the most likely to be authentic gold coins, you should check out the larger firms that have been around for awhile. Grading services such as NGC can verify that your coins are legitimate. Their graders examine the validity of a Gold Eagle coin, and help you to determine whether or not they would be at home in your collection.
Because they have the backing of the United States government and are created with pure gold, featuring breathtaking images and attention to detail, it's not a surprise that the American Eagle coin is the main choice for people interested in buying precious metals. However, if you find the Gold Eagle doesn't peak your interest, you might take a look at the platinum and silver variations. These would be excellent investments for you as well! - 31899
The highest value of these coins is not monetary, it is in the exquisite design details. The front of the coin features Augustus Saint-Gaudens' gorgeous depiction of Lady Liberty against the capitol buildings in the background. The back of the coin depicts an impressive, soaring Eagle above a nest inscribed with the standard "E Pluribus Unum" and "In God We Trust". And of course there is the value due to the weight in gold.
If you are a beginning investor, it's worth noting for you that the Gold Eagle coins may be a great choice because of the variety of sizes that are available. The American Eagle is made available in denominations of 1/10oz, 1/4oz, 1/2oz and 1oz. Even though the spot price on gold has it's daily fluctuations, these coins seem to maintain their price at a small premium just above the price of gold. So how that works would be if gold is $950, then the 1oz coin would probably be selling for about $1,000. Actually, there was a'99 1/10-ounce gold eagle coin listed on eBay that will sell for at least $117. Since this is above the $95 (or so) spot price value, it would seem to be a reasonable premium.
While many folks will try to tell you a gold coin is "just" a gold coin, always remember that buying American backed coins DOES matter in the mind of most collector around the world. One thing an investor can count on is they will be purchasing a product of quality when they choose to purchase Gold Eagle coins.
When you want to find the best products that are the most likely to be authentic gold coins, you should check out the larger firms that have been around for awhile. Grading services such as NGC can verify that your coins are legitimate. Their graders examine the validity of a Gold Eagle coin, and help you to determine whether or not they would be at home in your collection.
Because they have the backing of the United States government and are created with pure gold, featuring breathtaking images and attention to detail, it's not a surprise that the American Eagle coin is the main choice for people interested in buying precious metals. However, if you find the Gold Eagle doesn't peak your interest, you might take a look at the platinum and silver variations. These would be excellent investments for you as well! - 31899
About the Author:
Franklin Kelly writes articles on gold bullion coins, including Gold Proof Eagles and Gold Proof Anniversary Eagles for your precious metals portfolio or coin collection.
