Gold Eagle Coins
Variations on Gold Eagle coins are primarily disseminated by their classification as either bullion, or rare coin, with prices between the two types being one of their most notable distinctions. Bullion Gold Eagles’ prices are based on the current gold spot price (which represents the cost of one troy-ounce of pure gold), while rare Gold Eagles command substantially higher prices, and generally require numismatic certification to be considered as legitimate long-term investments.
Bullion Gold Eagle coins are one-ounce, 22-karat gold coins with a $50 face value, and their design is an inexact replica of rare, $20 face value, Saint Gaudens gold coins, which are also 22-karats, and contain just under a full troy-ounce of pure gold (.9675 ounces). Novice investors should always be sure to verify the status of any prospective Gold Eagle coin they are considering, and not to be needlessly swayed by coins that show PCGS (Professional Coin Grading Service), or NGC (Numismatic Guaranty Corporation). There are unscrupulous gold dealers who sell modern bullion coins that they’ve had certified by either of these globally reputable companies, so as to convince unsuspecting buyers that they are paying for a rare gold coin.
Numismatic certification is only necessary for rare gold coins, which are historically proven safe haven assets for long-term wealth protection. The numismatic value that rare coins possess can appreciate dramatically throughout long-term recessions, so prospective buyers are encouraged to research coins like $20 Lady Liberty, and $20 Saint Gaudens, 22-karat gold coins, which are commonly known as Double Eagles. Those who contact one of our friendly specialists can receive institutional discounts on their gold, as opposed to paying the over marked prices that precious metal retailers typically charge.
Joshua Harris
