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2006 American Eagle Gold


Answers

Too good to be true? Silver American Eagle - $10 each, Gold Eagle (1/10 oz) - $63 each?

I recently found an ad in a finanaical magazine advertising the 2006 Gem BU (MS65) NGC-cert Silver American Eagle for $10 each (without NGC casing) and similar Gold Eagle (1/10 oz) selling for $63 each. Even the spots for silver and gold are more than those prices - too good to be true? What do you think?


Since the ad was in a magazine, the time the ad was submitted is at least 1-2 months ago. At that time gold and silver were trading lower than they are today, so those prices were probably above spot at that time. Maybe there's some small print in the ad to cover themselves for changes in spot price.

2006-05-08 10:22:50 by dude, where's my avatar

2006 PR70 DCAM $5 Gold Eagle Coin


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    • What Are American Eagle Gold Coins?

    Folk looking to buy physical gold for investment will want to know what are American Eagle gold coins ? The first things to know are that the United States Mint is the leading supplier of 22-karat gold coins. In the Bullion Coin Act of 1985 Congress authorized the production of the coins. Their face value is 50 dollars and market price determines their actual value. The coins are sold based on the current market price, plus a small premium to cover the costs incurred by the Mint. However, dealers might offer them for sale at a different price.

    The American Eagle Gold Coin’s Design

    The design is the same as that which was on a bullion coin previously issued by the mint, but which became unavailable in 1933.. It features Lady Liberty carrying an olive branch and a torch, and was designed by Augustus Saint-Gaudens.. A nest of eagles is shown on the other side of the bullion coin. American Eagle gold coins are sold in four weights of which the largest is a one troy oz coin..

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    The GoldConverters Buy Gold, Silver, Scrap Gold, Earrings, Gold Coins, Gold Watches and more! Gold class rings, cluster rings, cocktail rings Silver, platinum and gold watches Gold coins and medals Silver, platinum and gold brooches and pins Gold statues Scrap dental gold Gold grills Silver, platinum and gold lockets and charms Scrap / damaged jewelry, broken chains and items missing stones Earrings matched or unmatched gold, silver or platinum Gold is the chemical element with the symbol Au its atomic number is 79. Gold is a highly prized precious metal for jewellery. And Gold has been used in sculpture and for ornamentation since the beginning of recorded history. Gold is found...

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    News

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    Coin Update News - Jan 04, 2010

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