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Certified Gold Eagles

Investment in certified gold coins commonly outpaces gold bullion. An excellent investment in rare gold coins is the certified Gold Eagles, a $10 gold piece. When the United States Congress passed a law ordering the minting of gold coins, the law specified that a $10 gold piece would be called the Eagle, a $5 gold piece called the Half Eagle, and a $2.50 gold piece known as the Quarter Eagle.

The United States Mint produced Gold Eagles from 1795 to 1804 and started again in 1838 with a different design, minting Eagles every year until 1907. In 1907, the design changed again and Gold Eagles were produced yearly until 1916 and again in 1920, 1926, 1930, 1932, and 1933 before the confiscation.

Certified Gold Eagles are available from all years that the coin was minted. These coins, which survived the 1933 confiscation, typically are worth around $1,000 for lower grades (around 30) and up to around $80,000 for near perfect coins with grades up to 67. Higher prices for certified Gold Eagles in exceptional condition are the 1907 Wire Edge Design -$300,000, 1920S-$1,500,000, 1930S-$300,000 and the 1933 coins, one of which brought a record $7.59 million at auction.

The oldest Gold Eagles from 1795 to 1797 are referred to as a Draped Bust variety and are worth around $30,000 in poor condition and run as high as $1,500,000 for a nearly perfect 1795, 13 leaves Eagle. The Eagles minted from 1798 to 1804 are a Heraldic design and have many variations. Coins in this series start at about $10,000 even in fairly poor condition because of their rarity. It was in this time frame that many US gold coins were shipped to the West Indies and China, causing the US to quit minting gold coins for more than thirty years.

The Liberty Head Gold Eagle was minted every year, with eight variations, from 1838 to 1907. These Certified Gold Eagles range in price from around $1,000 for coins in poor condition to as high as $250,000 a nearly perfect 1848 O Eagle.

With an impressive history, American Eagles have been an important part of the numismatic history of America. These coins represent some of the most valuable coins in the world today. 

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Joshua Harris

Senior Staff Writer - Gold-Eagle.org

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