American Eagle Gold Coin
The American Gold Eagle Coin was initially released back in 1986 by the US Mint and is its official gold bullion coin. Today if a person wishes to purchase such a coin they have a choice of a number of different weights (denominations) that it comes in and these are as follows:-
1. Tenth of an Ounce 2. Quarter of an Ounce 3. Half of an Ounce 4. One Ounce
Every single coin that is produced no matter which denomination it is is guaranteed to be made from pure gold and must by law come from sources within the USA. But as well as containing the gold the coins will also have an alloy of silver and copper which makes them more resistant to wear. At all times the Gold Eagle coins that are produced are not only backed by the United States Mint in relation to how much they weigh and what they contain, but original ones will need to have been authorized for production by Congress.
As for the actual market value of each coin that has been produced this will be dependent on the quantity of gold contained within them. In January of 2006 the value of the various different coins a person could purchase were as follows:-
Face Value Market Value $5.00 $75.00 $10.00 $150.00 $25.00 $300.00 $50.00 $600.00
But the price that these coins will actually sell at will generally depend on what the spot price of gold is at the time the person chooses to sell theirs. So in recent months you may find that the price you could be offered for your American Gold Eagle Coin is somewhat less than the figures we have mentioned above.
As for the coins design on the main (obverse) side of the coin you will find a full length rendition of the Lady Liberty including her flowing hair whilst holding a lit torch in one hand (right) and an olive branch in the other (left). Also to the left of the Lady Liberty you can see the Capital building in the background. Whilst on the other (reverse) side of the coin is a male eagle that is carrying an olive branch as he flies over the nest which contains a female with her young. The observe find of the coin was designed by Augustus Saint-Gaudens and the reverse side was designed by Miley Busiek.
However although the official American Gold Eagle Coin was introduced and released in 1986 a $10 one which dates back to 1804 and called the Eagle Coin was sold to a private collector for $5 million. This particular coin was actually made for the president of the USA at the time Andrew Jackson as a diplomatic gift, but can not really be classified as an American Gold Eagle Coin.
P Abbey owns and operates http://www.goldcoinfacts.com/americangoldeaglecoin.html American Gold Eagle Coin
Related Articles:
State Quarters ? The Easiest Way To Start A Coin Collection
Nothing in recent years has done more to popularize coin collecting than the 50 State Quarter Program Act of 1997. This unique Act runs from 1998 until 2008 is easily the most popular minted coin series in the history of the U.S. Mint.
Do you Believe in Luck? Royal Canadian Mint Issues 2008 Lucky Loonie
Royal Canadian Mint is proud to issue the 2008 Lucky Loonie, the latest in its extensive Olympic themed circulation coin program.
New Release of NASA Approved Collectible Space Coin Collection
The National Aeronautics and Space Association has licensed a new, extremely limited line of 10 collectible space coins celebrating the final years of the Hubble Space Telescope called the HST Discovery Coin Series.
What Makes Gold Coin Investment A Better Option
People are always looking for a safe avenue of investment. The problem with almost all the low risk investment options is that the returns are also rather low. Gold coin investment however can be considered an exception. In most low risk cases, the investment results are not able to match with the levels of inflation and the investor loses money when it comes to the final calculations. On the other hand the price of gold is able to keep up with inflation in most cases.
What Is "Key", When Collecting Coins?
Key Coin: A coin that is among the toughest and Most Expensive to obtain within a series In the Lincoln Cent series, for example, the 1909-S VDB would be considered the key, as would the 1914-D and often the 1922-Plain
The Coin Collecting Handbook: What You Need To Know
Speaking literally, every coin collector can have all the essential information in the universe from the handbook.
Buying Gold Coin
There are various reasons why a person would choose to start buying gold coins. One reason is they see them as a good investment whilst another person may choose to buy them because they see the way gold actually increases in value. Even today you will find that there is an extremely high demand for people who collect coins to buy those that are rare.
Collecting Coins: What Are The Types And Pricing?
Mints often come up with coins, medals and tokens that go on to become collector items. Commemorative coins are very common, like coins for the Olympics or some other historically significant event like the landing on the moon by Apollo. A collectible coin has to be examined by the dealer before it can be assigned a price tag. The first examination will place the coin in the category of either denomination or type.
Public Access to US Mint Direct Gold and Silver
There are plenty of places on or off the internet to purchase gold and silver coins but none that will give you a deep discount and send you coins as a commission for bringing in new costumers. That's right; Public Gold does just that and more.
Starting A Coin Collection
The best place to start collecting would be with pennies, we will focus on the Lincoln Cent for the years 1909 through 1958, which are the Wheat Cents. There are still a number of "wheat cents" showing up in circulation, so it is possible to start a coin collection without spending a great deal of money.
Coin Collecting Was Easier When I Was Younger
It?s unfortunate that today?s beginning coin collectors missed out on the experiences I had when I first began collecting coins. It was around 1970 and you could still find silver coins in change every now and then even though it had been six years since the US Mint started minting clad coins.
Guidelines To Coin Collecting
Coin Collecting
English Gold Coin
Over the centuries the various different kings and queens in England have favored the use of certain intricate symbols and Latin words on their gold coins. Certainly too often collectors of such coins will focus on the look of a particular English gold coin rather than what historical value it may have or what has motivated a person to produce such a coin.
What Can The Gold Coin Dealers Do For You?
Among all the links that form the chain of coin collection, gold coin dealers are the most important link. They buy coins from different sources and sell them to collectors or investors. A collector who wants to dispose off his collection to safe hands can also approach a gold coin dealer. These are the professionals in the sector of coin collection. They do it to make a living and the level of expertise gained by gold coin dealers can only be termed magnanimous.