Daily Gold Eagle Update

June 5, 2009 – The overall investment demand for gold has risen significantly in the past few years, and many wise precious metal investors have expanded their options by diversifying into certified metals as opposed to modern-day bullion, thus I would like to focus on PCGS coins that are some of the most popular rare coinages available to investors today. PCGS coins are basically any rare coin that has been certified and authenticated by the Professional Coin Grading Service. As you may already know, there many different types of rare coinages available in the market, yet investors typically only purchase investment grade, widely traded coins such as the $20 Saint Gaudens and $20 Lady Liberties within the Mint State Gradings of MS-61 and MS-66. Investors prefer these widely traded PCGS coins because they are easier to purchase and liquidate when it comes time to make an investment decision. If you are interested in beginning a diversification into PCGS coins, it is always recommended that you check the website of the Professional Coin Grading Service in order to compare the retail prices from their PCGS Price Guide with local and nationwide dealers, and don’t forget to contact our friendly experts if you seek competitive pricing backed by our PriceMatchPlus Guarantee.

By around 4 PM Eastern Standard Time, the majority of gold Eagle coins are seeing declines today as the spot price of the metal takes a small breather after a heavily fluctuating week, and currently gold is trading at $955 per ounce, moving down 2.59% for the day yet still moving up 6.60% in the last 30 days.

Daily Updates Archive

Joshua Harris

Senior Staff Writer - Gold-Eagle.org