Gold Eagle Coin Purchases

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.

While investors tend to focus on the coins monetary value, the coin’s designs and images are totally breathtaking and well worth checking out. Augustus Saint-Gaudens’ gorgeous depiction of Lady Liberty, with the Capitol building featured in the background, is what you see on the front of the coin. There is a rendition on the back of the coin of a soaring Eagle above the nest showing the standard phrases “E. Pluibus Unum” and “In God We Trust” inscribed below. Also inscribed there is the symbolic monetary value as well as it’s 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.

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.

Franklin Kelly is a life long coin collector that enjoys writing articles about American gold coins, including Gold Proof Eagle Coins and Gold Proof Anniversary Eagle Coins for your collection or portfolio.