Some Advice About Buying Gold Eagles

By Franklin Kelly

If you want to start collecting gold coins, you might not even know where to start amongst the many that exist. There are so many gold products out there, from the British Gold Sovereign to the many number of modern coins that you can pick up through dealers, that it's difficult to find out which ones are the best to get.

In regard to American Gold Eagle Coins, you'll find that you are astonished by the amazing detail in the design on the face. You can see Lady Liberty and the Capitol buildings on the coin's front, a great design from Augustus Saint-Gauden. Flip it over to find a beautiful picture of an eagle that is soaring through the air, a nest underneath it. You can also see the typical "In God We Trust and "E Pluribus Unum." Its value comes in down its symbolic design and its actual gold make up.

Since there are so many sizes to choose from, amateur collectors and investors can really benefit from collecting golden eagle coins. There are 1/10 oz, 1/4 oz, 1/2 oz and 1 oz versions of this eagle coin. If you are unsure about the value of a gold item, it may be reassuring to know that gold eagle coins often sell for more than the current gold price. The coins can sell for about $1,000, if gold is valued at $950. You can even look around online auction services to find great 1/10 ounce gold coins that are worth more than a hundred dollars. The spot price value for these types of coins are usually $95.

It would be very easy to just talk about it as a piece of gold, but its value as a collectible and a particular product is also very important. In the case of gold eagle coins, it's the backing of the American Government that investors are concerned with.

Purchasing any collectible has an element of risk, but the safest bets are available from the larger, more reputable companies established within the USA Government involvement provides a certain guarantee of a quality product. Because of this, golden Eagle coins may be the safest and best item for new collectors.

The American Eagle coin, with its U.S. government endorsement, as well as it sheer beauty and majesty, definitely has a place in any coin investor's collection. There are also silver and platinum Eagle coins, if you prefer to add some diversity to your portfolio. - 31405

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