Gold Eagle values depend upon which gold eagle you are talking about. The pre 1933 collectable gold coins offer two decided advantages over the currently minted gold bullion coins.
In times of global economic uncertainty, such as these, gold is a historic refuge. In the last nine years the price of gold bullion has multiplied roughly four times. Gold eagle values have gone up accordingly. The American Gold Eagle has provided Americans with a gold bullion coin of great beauty and value since its introduction in 1986. American gold eagle values have multiplied along with the price of bullion since 2000 increasing the wealth of those wise enough to buy them.
Although the American Gold Eagle has its advantages, it has two distinct disadvantages. First, the American Gold Eagle has no collector value, unlike the American Double Eagle coins in circulation up until 1933. The old twenty dollar gold pieces minted from 1877 to 1907 and the newer Saint Gaudens double eagle were subject to confiscation at the start of the Great Depression, lowering their numbers and making those minted in several years very rare. While investing in gold provides rewards, investing in rare gold coins can provide a substantially better rate of return on investment.
Gold eagle values are dependent on the ages of the coins, the price of gold and the risk of potential confiscation. Today’s American Gold Eagles, while enjoying the same value in terms of gold prices, do not hold any value as collectables and do not have any protection from government confiscation, making the pre 1933 counterparts much safer and more valuable as an investment.
Joshua Harris
Senior Staff Writer - Gold-Eagle.org