How To Buy American Eagle Gold Coins
September 23, 2008
First, all gold American Eagle coins are 22 karat gold. The reason that you don't get 24 karats is a small amount of other metal needs to be added to keep the coins hard. The Gold for the American Eagle is also mined in the United States.
When buying gold American Eagle coins, you have 4 options. They are: 1/10 ounce, 1/4 ounce, 1/2 ounce and 1 ounce. Smaller weights generally cost less, but there are other factors.
What comes into play are the two kinds of Eagle gold coins. They are generally -- proof and bullion.
American Eagle gold bullion coins are readily available for purchase. These are the coins use for sound investment. They are prized for their guaranteed gold content, as well their beauty. The coins are recognized by dealers and markets around the world. Often used as an investment, they can be bought, sold and traded with ease. Many add them to their retirement portfolio, to be used as a tax free investment.
$5 Indian Head Half Eagle Gold Coins - 1908 to 1929
September 15, 2008
$5 Indian Head Half Eagle gold coin is one of the most popular of all American gold coins. Designed by sculptor Bela Lyon Pratt its controversial incuse design sparked debate and disagreement when first released. Driven partly by its gold content and even more by its numismatic value the $5 Indian Head Half Eagle gold coin is a great addition to any coin collection.
America in 1908 was a nation in the midst of wide ranging social and economic change. Headlines of the day sound like they were ripped right from today's news. Women were banned from smoking in public in New York City. A car began production that was advertised to get 25 miles to the gallon. The first "Round the World" car race was staged. New Years Day was celebrated by the famous ball dropping for the first time in New York's Times Square. And the new $5 Indian Head Half Eagle gold coin, as well as its smaller sibling the Quarter Eagle, debuted in November 1908 to great controversy.
The Most Expensive Coin Ever Sold - 1933 Double Eagle Gold Coin
September 8, 2008
Have you ever wondered what the most expensive coin even sold was? In 2002 a 1933 Double Eagle Gold Coin went to auction and fetched 7.5 million dollars!
So Why Would Someone Spend So Much Money on a Gold Coin?
The US Mint, which makes coins to be circulated as currency produced over 400,000 double eagle gold coins but none of them ever made it into circulation. It was President Roosevelt that made a decision during the Great Depression to change the currency laws to make it illegal for private citizens to own gold coins. The only gold coins that were allowed were coins that had collectible value. At this time all gold coins were taken out of circulation and melted down as a way of stabilizing the economy. The government felt that in order to solve the problems in the economy, it was necessary to limit gold so that people would not hoard it, causing inflation and more economic uncertainty.
$20.00 Saint Gaudens Coins a Great Gold Investment
September 1, 2008
The $20.00 Saint Gaudens gold piece is an absolutely beautiful coin that deserves the consideration of hobbyists around the globe. This coin, being a collectors' coin and not a bullion piece could be worth two to three times the actual ounce price of gold! These coins were minted from 1907 through 1933 and many investors already rank it as one of their best choices for investment purposes. These $20.00 gold pieces have been recognized since the Civil War and have a broad appeal. Therefore they are selling fairly low for gold pieces right now!
When looking to purchase these beautiful coins it is recommended that you research gold prices at the same time. PCGS MS-64 and MS-65 grade the prices of St. Gaudens coins. The higher the MS value, the more valuable the coin is. Visit numismatic sites on the Internet such as California Numismatic Investments to educate yourself on these investments.
This $20.00 piece provides a "double play" advantage because of its high gold content and when gold bullion prices rise these coins will also rise and could bring you a handsome return, up to three times the price of gold bullion! The market of Saint Guadens gold coins holds their value. Many wealthy royal families and government treasuries along with collectors, typically own Saint Gaudens coins! Besides their market value, the beautiful design of the coin is gorgeous. Its art form is in itself an incentive for collecting the coin!
