by DeusXFlorida

American Gold Eagle Bullion Coins

Investing in American Gold Eagle Coins

The market for gold bullion coins has increased since the original mint in 1986. Coins bearing the artistic design by Augustus Sain-Gaurdens of Lady Liberty carrying an olive branch and torch have circulated in the market since 1907.  Collectors often purchase the coins, realizing the face value of the coins will increase due to the bullion the coin is created from. Investors seeking to purchase coins in the recent market also realize the prices for many items such as coins or stocks has decreased.  The current price for a 2010 American Eagle Gold coin is twelve hundred dollars. There is a variety of sources that purchase the coins based on the market value. Finding the right buyer is often as much of a battle as ensuring the coins are being priced at appraisal value if listed online.

American Eagle Gold Bullion Coins for sale

The purchase price of a certified, uncalculated 2010 American eagle gold coin may shock many consumers. The price of the coin often increases in value over time. The consumer must ensure the gold coin is authentic, unblemished and insured. The ability to insure an item such as a gold coin may require the proper documentation to prove the authenticity of the coin. The insurance value will never exceed the total value of the coin. A 2009 American eagle gold coin is currently valued at twelve hundred dollars while the 2008 American eagle gold coin is valued at a median value of twenty seven hundred dollars with proof of authenticity.

Consumers, collectors and investors interested in purchasing an American eagle gold coin have many resource available online. The resources available online may offer letter of authenticity and special shipping options due to the value of the item being shipped Consumers interested in purchasing an authentic coin are encouraged to seek information on the company they are interested in purchasing the item from before completing the transaction. Ensuring the funds are going towards the purchase of such an investment requires investigation into the company that is offering the item. Many American eagle gold coin retailers on the Internet offer extensive contact information and the ability to track the package containing the product purchased.

Investing in an item such as an American eagle gold coin may seem like an unstable investment. Consumers are encouraged by the increase in value of the coin due to the precious materials used to create the coin. Consumers are able to view the value of the coin in the market by checking on the information listed with the stock market. The value fluctuates based on the state of the current world trade market. Recent market changes have reflected the 32 percent increase in the value of the current gold coin in the market. Monitoring the value may require the consumer to monitor the world trade market daily. Consumers have received more than twice the purchase price of the coin. An appraiser can evaluate the value information based on the year.

American Eagle Gold Bullion Coins for sale

There is a plethora of investing options available, yet purchasing an American eagle gold coin assures the consumer will receive a definite return in their investment. The price of gold often rises with the plummet in the economy, leaving many investors or collectors avidly searching for gold coins for safekeeping. Before purchasing a coin, ensure the coin has the proper documentation of authenticity, the coin is undamaged, the retailer or seller is reputable, and the coin has been taken to an appraiser to provide the final check to ensure the coin is genuine.

by diwong

Classifying Coins

Coin collection is not just about having as many coins as possible. More important than the number of coins is the quality of those coins. This quality is measured by the coins’ grade and the grade is measured using a scale from zero to seventy (seventy being the highest point grade). Doctor William Shelby introduced this point scale in his work “Penny Whimsy”.

Here are the classifications of coins according to grade.

1. “Mint State” Coins

This is equivalent to a value of 60 to 70 in the Shelby’s grade scale. This means that the coin has no blemishes whatsoever. Most of the coins in this category are uncirculated, shiny, new coins, with absolutely no signs of wear.

2. “Almost Uncirculated” Coins

The “Almost Uncirculated” coins have a point grade of 50, 55, or 58.

It is very important to note that in these coins, coin collectors must know the locations of the high points in a particular coin. By checking the difference of the light reflected in the high points to the other parts of the coin, an “Almost Uncirculated” coin is separated from the Mint State coins.

3. “Fine Coins”

These can further be classified as” Extremely Fine” (40, 45), “Very Fine” (20, 25, 30, and 35) or “Fine” (12) depending on the sharpness of the remaining details on the coins. The coins are observed to have wear but the designs are still intact.

For “Extremely Fine” coins, the mint luster is still present.

“Very Fine” coins can be compared to coins which have been used for 1-3 years. Minor features of the coins are already gone.

4. “Good Coins”

These coins can be specifically defined as “Very Good” (12), “Good” and “Almost Good” coins.

The coins in this category are worn out. Only weak designs can be observed since the details of the coins in the high points are nearly smooth.

Full rims must be observed for the “Very Good” coins category.

In the case of “Good” coins, the mint mark and the date must be visible.

On the other hand, “Almost Good” coins are the most worn of coins in this category.

5. “Fair Coins”

The coins are “worn out”, but can still be distinguished as belonging to one of the types of coins – as long as one can identify a coin, it is a “Fair C”.

6. “Basal Coin”

These metals that can be determined to be coins – but the kind of coin are undeterminable.

With the classifications described, it will be very easy to grade coins. Just remember that knowledge of the coins’ grades gives coin collectors advantages!

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