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American Eagle Gold Coin

American Eagle coins were released on 1986 featuring the famous head of liberty that was designed by Augustus Saint-Gaudens. These coins are available both on proof or bullion types and in other designs. It is one of the easy ways to invest in gold since they are a very popular specimen of gold coin around the world. It is produced by the United States Mint and can be bought at a very reasonable price. These coins are manufactured with a special process that involves the blank coin to be at least pressed twice.  They have small details which need to be pressed carefully on the coin to have that special floating effect that can only be achieved through this process.

After the coins have been struck, they are inspected individually to make sure that there are no errors in the design. They are then packed in plastic presentation cases together with their certificate of authenticity. Their presentation cases are all specially made just for these coins. Being produced by the United States Mint, their gold quality and content are all assured by the United States Government. There had been recent additions to the American eagle coin series which makes it an interesting set to acquire. Those who would like to collect them can buy them at the United States Mint itself. There are also uncirculated coins which are produced at the other United States Mint in West Point.

The American Gold Eagle is a good investment for those who would like start on investing in gold coins. There is a coin in this series which weighs approximately an ounce which is both a good investment and also as a collector’s item. Being a very popular coin, selling them will be an easy affair unlike other types of coins which may need to be assayed first since they come from unpopular mints. Aside from that, you also save on the process for the costs of the assay itself. They can also be bought without having the need to provide a lot of personal information about yourself which is a secure way of buying gold coins.

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American eagle gold coins were first presented on 1986 both in numismatic and bullion types which immediately was a hit with various collectors. They were made from 22 karat gold or 91.67% fine  gold. The mixture of the gold makes it more durable and more resistant to wear and tear. The design on the coin was the famous liberty head which was used for the double eagles during the early 1900’s. The eagles represent the values for which America is known for. When trying to purchase American eagle coins, go for sellers who will not request for your personal information. This way your gold purchase would not be reported or recorded and will be much safer for you also. The current price for American Eagle gold coins runs at about $1,850 and may rise or fall depending on the spot price of gold in the market.

Double Eagle Coin Value

The value of the Double Eagle Coin changes rapidly depending on the current price of gold. The American double eagles were first issued on 1877 marking one of the more important eras in the history of the United States. It was minted due to the abundance of gold that was being produced and found in California and other surrounding states. The average $10 coin was expanded to a $20 gold coin which was the reason why it was known with the name of a double eagle. The coins weighed around .9675 ounce with a 90% gold content. Today, the price of a gold double eagle is about $1,850 or lower depending on the price of gold for the day.

During the period of the famous California Gold Rush, the largest gold coin to be issued by the United States Mint was the $10 coin. But with the significant increase in the amount of gold that was being found each day in California, the mint was authorized to produce a larger coin bearing a face value of $20. It was done to accommodate the rising gold production and the coin was subsequently dubbed as a double eagle. The ten-dollar coin was approximately weighs only about half an ounce whereas the newer $20 coin weighs an ounce. Although the production was approved by the Congress on 1849, the actual minting only occurred in 1877.

During this period, more than a million ounces of gold were produced which allowed for the production of these larger coins. They are what you may call the physical evidence of the wealth of the United States during that period.  They are in a way a sign of the abundance that was characteristic of that particular American period.  Back then, the double eagle already represented the large value of the coin which can be seen with the current prices of commodities during the early 19th century. A stay at fine hotel in the city would cost you about a dollar and a half whereas a good meal at a fine-dining restaurant would amount to about seventy cents. So with a twenty-dollar coin you can definitely live the life of a rock star during that period. But, that is not taking into account the worth or value of the gold content now. So if you are going to spend your double eagle gold coin, it would definitely cost you a lot more than what it did during that period. With the current price of gold per ounce, you will definitely have a lot to spend.

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If the coin represents a lot of money due to their gold content, they also represent a good historical worth as well.  Being a representation of that period in American history where gold was produced in large amounts daily, having one of them will be a good reminder of that period. Buying them will be a good way of having a significant part of history in your hands which you can give to your children and your grandchildren. So apart from the value of the gold itself, you also get a good historical investment to give to your loved ones.