Get The Facts On The Gold Eagle Market At Gold-Eagle.org

November 25, 2009 – The Gold Eagle market has undergone a number of changes recently, due to the rapidly increasing gold spot price and the US Mint’s recent announcement of changes in their gold coin production. Investors have flocked to Gold Eagle coins and other physical gold investments in recent years, as Water Murphy predicted in 2001. Gold was at $252 per ounce back then, and it has since risen 470%.

The current gold spot price is $1183.80, so modern-day Gold Eagle coins are trading based on this gold spot price provided by the Commodities Exchange (COMEX). The $50, one-ounce Gold Eagle coin is the most popular post-1986 gold purchase for American investors, and this coin currently has a national average retail price of $1269. Some major gold exchanges supply the public with these coins at a significantly lower cost, so it is advisable to contact us directly to determine what discounts you are entitled to.

American Eagle gold coins are a relatively affordable way to enter the gold bullion market for a short-term gold investment, but these coins could soon carry a much higher premium. The US Mint announced through its web site (www.USMint.gov) that one-ounce Gold Eagles would not be produced until further notice, because the Mint has an insufficient supply of gold blanks. Fractional coins (which the US government makes more profit on) will still be produced for the time being. If you would like to buy, sell, or trade modern-day or historic Gold Eagle coins, email us or call our toll-free help desk to get started with the nation’s most reputable dealer in the Gold Eagle market. 

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Joshua Harris

Senior Staff Writer - Gold-Eagle.org