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Gold Coin 10th Oz
1/10th oz American Eagle Gold coins, misc. scrap. What is ou
Favorite Gold Coins to Collect for Investment
Why Gold American Eagle Coins are Popular among Collectors
Gold coins are a favorite of coin collectors with an eye toward investment. Not only are golden coins lovely to behold, but they also have a value that is guaranteed, due to their precious metal content. The value of gold coins is usually higher than the value of their weight in gold bullion, making them a better investment than the gold market alone.
Many countries produce gold coins for collectors or for commemorative purposes. These coins oftentimes emphasize unique aspects of the country’s culture. Australia reveres its national animal with the Gold Kangaroo, for example, while China has a Gold Panda with a lovely design that changes every year. Canada’s coin features a powerful national symbol with the golden Maple Leaf, and South Africa mints the Krugerrand. One of the world’s best selling coins, the Krugerrand features the South African national animal, the Springbok. Taking its place as one of the most popular gold coins among investors and collectors, however, is the American Gold Eagle. The American Gold Eagle stands out among other bullion coins because of its lovely design, and because its value is backed by the full strength of the United States government.
The Beauty of American Eagle Gold Coins
The Gold Eagle features a representation of Lady Liberty striding with torch in hand through a field of light rays on its front side. This image is inspired by a golden coin designed by Augustus Saint-Gauden and minted from 1907 to 1933. The Augustus Saint-Gauden Double Eagle is widely considered to be one of the most beautiful coins America has ever produced. On the flip side of the American Eagle gold coins is a nest full of bald eagles, the national bird of the United States. The nest represents the American dedication to unity and family. Furthermore, a special die is used when minting these coins, to bring the gold to an especially high shine and to make it easier to see small details in the design.
American Eagle Gold Coins have Guaranteed Value
American Eagle gold coins are valuable not only for their lovely appearance, but also because they are the only bullion coin whose gold content is guaranteed by the United States government. Each American Gold Eagle is stamped with its exact gold weight, as well as its face value. They are minted from 22-karat gold, which by law must be pure gold bullion mined from within the United States. This guarantee of the authenticity of the precious metals used to make American Eagle gold coins is highly valuable to investors.
Buying American Eagle Gold Coins
Golden American Eagles were first produced in 1985 and come in a variety of sizes and values, ranging from the 1/10th oz American Eagle coin with a face value of $5, all the way up to full ounce gold coins with a face value of $50. Remember that most gold coins are worth more than their legal tender amount. Although they are not available for purchase directly from the U.S. Mint, American Eagle can be commonly found for sale in coin shops, on the internet, by gold dealers, and at coin shows. There are also variations on the American Eagle that are minted from silver or platinum instead of gold.
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Frequently Asked Questions...
Question about buying and selling gold coins?
I was wondering, when you go to sell your gold coins at a coin shop do they pay you the true value (IE if you're selling a 1/10th oz coin and gold closed at 880 per oz do they give you $88?) I know shops charge a little extra then the coins true value, but what is a rough average markup amount? For instance today I was shopping around at a coin shop, and they had a 1/10th oz kruggerand for $100. But today gold was 875 per oz, so the shop would be making a $12.50 profit on an $87.50 coin. To me this seemed like a lot, considering gold would have to go up $125 per oz before I broke even, let alone made a profit. (and yes I only have about $120 to invest right now, hence why I'm interested in 1/10 oz coins.)
Answer:
Buying and holding physical gold unfortunately is going to cost you a lot in terms of fees/commissions. You can find places for less of a commission, but you have to buy a lot more gold than 1/10th an ounce. We are talking like 10-100k of gold to get the commission down substantially.
If you are interested in buying something that tracks the movement of gold. Perhaps a gold etf may be better for you. Check out symbol GLD. It trades just like a stock, much less commission, and you still get the same returns as if you were holding physical gold. Hope this helps.











































































