Daily Gold Eagle News

When the investor is looking for rare gold coins such as certified Gold Eagles, the first and best place to look is a reputable Gold Eagle dealer. Auctions are often where very rare, very valuable gold coins are sold. These auctions typically set benchmarks, establishing the value of such coins over the years. Now in the world of the Internet, there are online auctions of almost anything, including Gold Eagles. A recent auction result at one online site was an 1857 AU 58 NGC that sold for a $2,600 “realized price” in an online auction. Although this price is a ballpark average for the value of this coin it is not necessarily the best either the buyer or the seller could have done.

Certified rare gold coins are available on the national gold coin market. A professional can help the investor find rare gold coins at attractive prices. There are some rare gold coins that are probably underpriced and due to catch up with the market. An investor will not find these bargains on an online auction or if they do they will not know the true market price of the coin. If an investor wishes to bid for an exceptionally rare gold coin such as one of the few 1804 Silver Dollars in existence, he or she will want the advice of an established expert.

Anyone who has sold via online auction knows to set a minimum bid. Thus it is unlikely that anyone is going to give away a rare gold eagle in an online auction. The risk to the investor/bidder is to get caught up in the bidding and pay substantially more that the coin in question sells for in the rare coin market. 

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Joshua Harris

Senior Staff Writer - Gold-Eagle.org