Coin Weblog

American Eagle Gold Coin by Paul Abbey

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.

About the Author

P Abbey owns and operates http://www.goldcoinfacts.com/americangoldeaglecoin.html American Gold Eagle Coin

Add comment October 28th, 2007

Guide for Rare Coin Collectors by Nicholas Tan

Coin collecting is one hobby that is both fun and challenging. To help those who are looking for those rare coins, here is a list of hard to find ones that are worth moving “heaven and earth” for.

Gold coins are something of a rare commodity. They were circulated only until 1933, which makes them expensive when they are auctioned. The nice thing about gold is that its value probably will never go down - making it a good investment.

Another rare coin sought by collectors is the Liberty Seated Dollar. These were last produced some time in the 19th century and are considered to be a rare find.

From 1875 to 1878, twenty cent coins were minted. This coin looks very much like a quarter and since its value is very low today, it is a coin worth looking for.

The Barber half dollars are rare coins that were minted from 1892 until 1915 and are collected by people depending on date or type. One of the challenges that occurs when searching for this coin is finding one in good condition.

The 1917 type One Standing Liberty Quarter is another coin worth owning. It was only minted for 2 years and shows the exposed breast of Ms. Liberty. This design created such an uproar that it had to be replaced and was only circulated for a year.

Mercury dimes were produced periodically during the 20th century. The market value of them is $50 a piece.

The Walking Liberty Half Dollar is a beautiful coin for collectors. They were only circulated for 4 years and are considered to be one of the all time rare coins to ever exist.

The Texas Commemorative Half Dollar is another rare coin. Only 150,000 of these were minted over a 4 year period and just 60% to 80% of these are still available today making it one of the hardest coins to find today…

The most expensive coin is the $20 Saint Gaudens. This was sold in an auction for nearly $8 million. The design is truly superb and the value of it has never dropped even during the 1980-82 bear market.

Rare coins are truly a challenge for anyone who seeks to make this a mission in life. Not only are they hard to find but it they are expensive to acquire. Should a person have the funds available to purchase them then this adventure is truly something worth finishing.

About the Author

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Add comment October 22nd, 2007