American Eagle Gold Coin
The American Gold Eagle Coin was initially released back in 1986 by the US Mint and is its official gold bullion coin. Today if a person wishes to purchase such a coin they have a choice of a number of different weights (denominations) that it comes in and these are as follows:-
1. Tenth of an Ounce 2. Quarter of an Ounce 3. Half of an Ounce 4. One Ounce
Every single coin that is produced no matter which denomination it is is guaranteed to be made from pure gold and must by law come from sources within the USA. But as well as containing the gold the coins will also have an alloy of silver and copper which makes them more resistant to wear. At all times the Gold Eagle coins that are produced are not only backed by the United States Mint in relation to how much they weigh and what they contain, but original ones will need to have been authorized for production by Congress.
As for the actual market value of each coin that has been produced this will be dependent on the quantity of gold contained within them. In January of 2006 the value of the various different coins a person could purchase were as follows:-
Face Value Market Value $5.00 $75.00 $10.00 $150.00 $25.00 $300.00 $50.00 $600.00
But the price that these coins will actually sell at will generally depend on what the spot price of gold is at the time the person chooses to sell theirs. So in recent months you may find that the price you could be offered for your American Gold Eagle Coin is somewhat less than the figures we have mentioned above.
As for the coins design on the main (obverse) side of the coin you will find a full length rendition of the Lady Liberty including her flowing hair whilst holding a lit torch in one hand (right) and an olive branch in the other (left). Also to the left of the Lady Liberty you can see the Capital building in the background. Whilst on the other (reverse) side of the coin is a male eagle that is carrying an olive branch as he flies over the nest which contains a female with her young. The observe find of the coin was designed by Augustus Saint-Gaudens and the reverse side was designed by Miley Busiek.
However although the official American Gold Eagle Coin was introduced and released in 1986 a $10 one which dates back to 1804 and called the Eagle Coin was sold to a private collector for $5 million. This particular coin was actually made for the president of the USA at the time Andrew Jackson as a diplomatic gift, but can not really be classified as an American Gold Eagle Coin.
P Abbey owns and operates http://www.goldcoinfacts.com/americangoldeaglecoin.html American Gold Eagle Coin
Related Articles:
Links to Coin Dealers on the web
Coin Dealers trust Bullion Vault
Bullion Vault - the newest way to buy gold on the internet
A Guide To Playtech's 3-Reel And 5-Reel Slots
Slot machines are the most popular casino game in the world, both at land-based casinos and on Internet gambling sites Playtech, founded in 1999, is one of the major software providers for the online gambling industry
The Grade Of A Coin Is Everything
Hobbies: Coin Collecting
Rare Coins Create eBay Fortunes for Clever Entrepreneurs as Shown in New Course
The Coin Collecting Insider has announced a new course on turning your rare coins into a fortune on eBay, called "How To Make A Small Fortune Selling Rare Coins On eBay."
The course is designed to teach the average person how to create wealth from collectible coins.
New U.S. Mint Coins a Golden Opportunity
In April, the U.S.
Coin Collecting: How To Make The Grade
Coin collection is not synonymous with possessing as many coins as possible. What is important is the quality of the coins rather than the quantity of them. The coin's grade is the yardstick to measure its quality. You can measure the grade by using a scale ranged between 0 to 70 which is the highest point grade. This point scale was introduced by Doctor William Shelby in his work ?Penny Whimsy?. The classifications of coins according to grade are as follows:
Cleaning coins - Should you do it?
Allow me to guide through the aspects of Cleaning Coins.
About Ancient Coins And Legal Tender
Getting Started with the Hobby of Numismatics and Collecting Coins.
Participate in Coin Collecting For Profits
Millions of people enjoy coin collecting People of every age enjoy this fun hobby
Russian Coins Phenomenon
Reading latest news you could see titles like ?Sale of Russian Ruble Paves the Way in Goldberg Coins Pre Long Beach Auction?, ?Russian Ruble (1714/3 PCGS EF-45) fetching $46,800? and going through Russian Coin forums, you will see topics, such as ?Russian Coins Prices are MAD? and ?This hobby is becoming too expensive?.
Sterling Silver Jewelry from Silver Jewelry Emporium: Right Gift for All Occasions!
Platinum, Gold and diamonds always attract attention from jewelry buyers, but Silver always remains a strong gift idea for any of the occasions. Pure silver is harder than gold and it has the highest optical reflectivity, it look great with the black evening dress as it reflect light on its white surface.
Silver jewelry - Affordable and adorable classic jewelry
The rising price of gold and platinum has diverted attention towards affordable silver jewelry. The same design and look of excellent gold jewelry can be obtained with silver jewelry or gold-fill jewelry. Further, silver jewelry suit all people with different color tones. Some people don't like the yellow color of gold and hence, they prefer silver jewelry. Flashing stones and gems can be used in silver jewelry to create an attractive piece. Many people prefer to design silver jewelry with Swarovski crystals that add more beauty to the jewelry.
Coin Collecting Supply Company "Wizard Coin Supply" Launches New Website
New site will provide a comprehensive catalog of coin collecting supplies and educational resources for coin collectors.
Experience The Gold Rush With Gold Coins
A lot of people find collecting gold coins as not only an incredibly interesting hobby but a fairly lucrative one as well! Over time, your collection will accure value and parts of it can be sold if you desire. This way, you will have additional income for yourself later in life in addition to a fantastic collection of valuable coins.