Should You Buy Or Sell Gold Eagle Coins Right Now?

Some investors have decided to sell Gold Eagle coins since 2010 began, but a great many more investors have sought the US Mint’s coinage sine January 1 as our dollar has lost substantial value since that time. The migration to American gold coins has been evidenced by the rise of over $30 in the gold spot price since the ball dropped on 2010, and there are two key groups of investors that are focusing on American gold coin purchasing.

Profit-seekers typically purchase the US Mint’s modern-day offering, which is a replica of a coin called the Saint Gaudens Double Eagle. Double Eagle coins were minted prior to 1933, and these coins are more apt for long-term security seeking investors. The investors who have decided to sell Gold Eagle coins this year have largely been investors in the modern-day bullion coin and not the historic Double Eagles.

Modern-day Gold Eagle coins are wise investments if you plan to hold physical gold less than 14 consecutive months. If you plan on day trading gold in the midst of a rapidly fluctuating market, post-1986 Gold Eagles and other gold bullion investments may be for you.

Investors with pre-1933, Double Eagle gold coin holdings re doing more accumulating than profit-taking right now, because the threat of another government seizure of gold bullion has increased demand for Uncirculated Double Eagles and other non-confiscatable gold coins. If you would like to sell Gold Eagle holdings that you currently have or fortify your portfolio with one of the two types of Gold Eagle coinages, give us a call or register below for a complete information kit on the Gold Eagle market. 

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Joshua Harris

Senior Staff Writer - Gold-Eagle.org