St. Gaudens $20 Gold

st gaudens gold coins

Two kinds of buyers are usually interested in the numismatic gold coins designed by Augustus Saint Gaudens; gold collectors and investors who desire the best asset of gold, especially in its purest form, to add to their gold coin collection. These dichotomies serve to increase the value of these rare coins in general, especially for the St. Gaudens $20 gold coins. $20 gold coins are rare productions since their minting was halted in the year 1933 with many earlier pieces melted for the gold content. There are currently just over 1 million US $20 gold pieces in the mint state range in … [Read more...]

Liberty $20 Gold Coins

$20 liberty gold coin

The American Double Eagles were well known as the gold pieces representing American wealth for 84 years with their usage in large transactions as one would with money. But today, the US $20 gold coin holds only intrinsic and personal value for its owner. You can still find a sample of this gold coin in the US Smithsonian National Collection that was produced in 1849. It was only in 1950 that these coins were produced for circulation as currency; this first batch was known as ‘No Motto’ or Type One. Since then, many variations have been minted. Each $20 gold piece today holds its own … [Read more...]

The Value of U.S. Gold Coins

gold coins

US gold coins have always been very valuable both as a collector’s item and as an investment. There are basically two types of gold coins, the collectible and the bullion. Read on to find out more about the differences and similarities between the two as well as the factors affecting their value. The Collectible Gold Coins In 1795 the United States created its first gold coins to be used as circulating money. They came in two denominations: the $10 coin or the “Eagle” and the $5 coin or the “Half Eagle”. The Eagle had more face value and it contained almost ½ ounce of gold. … [Read more...]

Rare Gold Coins Advantages

rare gold coins

Owners of rare US gold coins have more advantages than many other asset they may possess. The American rare gold coins were minted in the US from 1795 to 1933; from the year in which the Philadelphia Mint started minting coins in gold to the year when the US Mint stopped circulating gold coins as legal tender. The US gold coins are rare because the US Treasury did recall the coins at least 3 times; in 1830s for gold content correction, during its Civil War for melting and in 1933 when it became illegal to own any gold bullion. Long-Term Performance One of the advantages of owning a US … [Read more...]

Numismatic Gold Coins

Numismatic Gold Coins

In 2009, the United States Mint created the numismatic pricing policy. This new policy allows the price adjustment of gold coins in connection to the changing prices of gold in the market. The numismatic policy allows a price change as often as weekly. The average price for the week of gold is based on the London Fix prices which cover the period of Thursday morning to the Wednesday morning of the following week. The price of gold coins changes in accordance to the change in price of gold by $50 increments. The Present Price Trend For Numismatic Gold Coins The price of gold increased … [Read more...]

Rare Gold Coins in the US

1838 Half Eagle

Rare gold coins can  be a form of investment as well as a hobby. The rarity of any gold coin is calculated by its mint mark, year, type, aesthetic appeal and the number of its type minted. Coin connoisseurs and numismatists regard the following coins as rare, precious and even priceless. Rare Gold Coins 1838 Half Eagle: This rare gold coin was minted in 1838 and the design was given by engraver William Kneass. A left-facing bust of Liberty sporting a headband can be seen on the obverse side of the class head half eagle. The word LIBERTY runs full length from front to back. There are … [Read more...]

How Rare Gold Coins Enhance Your Portfolio

rare gold coins

Gold coins have always been considered as valuable treasures. Nowadays, more and more people are becoming aware of just how valuable they are. The interest in gold coins increased when news broke out about the gold coins worth $200,000 that were discovered by IRS agent Jack Bumgardner in connection with the tax evasion case of Edward K. Eastwood. Because of the renewed interest in gold coins, many have begun to consider acquiring them to add to their investment portfolio. Also with the events following the 2008 global financial crisis, more people are prefering to use gold coins as a … [Read more...]

US Mint Gold Coins: 2010 Proof Gold Eagle Status

2010 Proof Gold Eagle

As of November 1, 2010, the sale of 2010 Proof Gold Eagle stood at 25,000 units among all the US mint gold coins. This was the total inventory that the Mint had till this date. The one ounce coin, the sale of which began on October 7, 2010, is priced at $1,585 a unit. The sales report revealed by the Mint showed the following figures: One Half Ounce: 373 units One Quarter Ounce: 246 units One Tenth Ounce: 609 units 4 Coin Set: 1,366 The final product includes the one ounce proof coin, so although the individual option has sold out, the coin remains available within the … [Read more...]

The Story of the Twenty Dollar Gold Coin

rare gold coins

In October 2010, gardeners discovered buried American gold coins in an east London garden. Archeologists were astonished to find that the gold coins unearthed were the popular American twenty dollar gold coins, also known as the “Double Eagle”, dating from 1854 to 1913. They are said to have been minted in San Francisco and Philadelphia. They were displayed in the Museum of London in October, shortly after being unearthed. Their estimated value is hundreds of thousands of dollars. Twenty Dollar Gold Coin a.k.a. Double Eagle The twenty dollar gold coins are perhaps among the most famous … [Read more...]

Numismatic Gold Coins or Bullion Gold Coins?

st gaudens goldc oin

After the monetary stimulus plan was announced by the Federal Reserve to boost the economy, the US bullion prices jumped to a new high at above $1,380 per ounce on November 4, 2010. During this time, investors have turned more towards gold bullion rather than numismatic gold coins. This is true despite the fact that numismatic gold coins have a rare value have sold at exceedingly high prices during auctions. Numismatic Gold Coins Numismatic gold coins are a collector’s joy because these are rare coins, often holding much historical significance that can enrich any coin collection. They … [Read more...]