When collectors or investors first start out to amass gold coins they often find themselves confused by the myriad of coins that are available. There has always been a huge amount of choices for people when they wanted to purchase gold products, starting with the first gold Krugerrands targeted by collectors, right on through the incredible assemblage available for purchase in today's gold products market.
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.
Purchasing any collectible has an element of risk, but the safest bets are available from the larger, more reputable companies established within the USA Government involvement provides a certain guarantee of a quality product. Because of this, golden Eagle coins may be the safest and best item for new collectors.
The American Eagle coin, with its U.S. government endorsement, as well as it sheer beauty and majesty, definitely has a place in any coin investor's collection. There are also silver and platinum Eagle coins, if you prefer to add some diversity to your portfolio. - 32532
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.
Purchasing any collectible has an element of risk, but the safest bets are available from the larger, more reputable companies established within the USA Government involvement provides a certain guarantee of a quality product. Because of this, golden Eagle coins may be the safest and best item for new collectors.
The American Eagle coin, with its U.S. government endorsement, as well as it sheer beauty and majesty, definitely has a place in any coin investor's collection. There are also silver and platinum Eagle coins, if you prefer to add some diversity to your portfolio. - 32532
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.
