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Saturday, December 5, 2009

Points To Consider When Purchasing Gold Eagle Coins

By Franklin Kelly

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.

In regard to American Gold Eagle Coins, you'll find that you are astonished by the amazing detail in the design on the face. You can see Lady Liberty and the Capitol buildings on the coin's front, a great design from Augustus Saint-Gauden. Flip it over to find a beautiful picture of an eagle that is soaring through the air, a nest underneath it. You can also see the typical "In God We Trust and "E Pluribus Unum." Its value comes in down its symbolic design and its actual gold make up.

These golden Eagle coins make a great starting point for investors beginning their collections because there are a variety of sizes made. They range in size between 1/10 ounce, 1/4 ounce, 1/2 ounce and 1 ounce denominations. Though gold prices can fluctuate every day the American Eagle coin will generally sell at a small premium above the daily price. If gold is listed at $950 you will likely see the 1oz coin selling for $1,000. Recently, there was a coin listed as a'97 1/10oz gold coin which was bid up to at least $118.00 on a popular internet auction site. Obviously, that price is a premium above the $90+ standard assessed value.

It would be very easy to just talk about it as a piece of gold, but its value as a collectible and a particular product is also very important. In the case of gold eagle coins, it's the backing of the American Government that investors are concerned with.

It's still good to remember that it's still safest to purchase from the larger companies with a good reputation, or when it comes to buying coins, purchasing them from U.S. government makes it fairly certain you'll get a quality product. That's why we're going to talk about the Gold Eagle coins and whether they are the right ones for you to be looking at.


And because they are backed by the United States government, investors can be sure that tremendous care has been put into it's beautiful design and detailed imagery. This makes the American Eagle coin popular with coin collectors around the world. There are even silver and platinum versions if you do not find Gold Eagle coins to be the right coins for you. Any of these quality items would make great additions to your collection or portfolio. - 23212

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