Answers
I recently purchased this coin for $800, knowing that the potential of it increasing drastically in value is pretty good, especially it being of such high grade. What is it value today? What could it potential be valued in 5 years? And also where would i find the mitage of this and previous years bullion?
***mintage***
Gold is currently between $700 and $900/ troy ounce. You have a bullion coin that is worth it's weight in gold plus a premium of 10-20%. So it should be worth $400 to $500. The best way is to go to a coin dealer and ask what the current price of the coin is, buy and sell price. I do not agree that gold will increase in the next 5 years like it did in the past 2. This is a market that it takes experience to trade in without loosing 2 shirts at a time. Precious metals, bullion coins, and bulk US silver coins are all very volatile markets. Good luck to you, the coins are very attractive, and may appreciate in the future.
visit silversnowball.com for sign up information to begin to put real money back into your life with silver bullion. ***And since this video was ...
what is the likelihood(chance) that an American gold eagle coin, from 1988-2008 be fake on ebay?
With the price at which they sell, resulting in the chance that someone would try to sell a fake, I would not buy gold coins on Ebay.
Buy directly from the U.S. Mint each year when they become available for purchase. www.usmint.gov
Or buy from a reputable coin dealer.
I have five 2008 one ounce American Eagle gold coins that I want to sell to a reputable dealer.
How do I do this?
Is it safe?
"Gold By Mail" programs exist, and they aren't true scams but they are not a good deal. Meaning you will get paid for your gold but problem is you will get paid substantially less than the market value (upwards of 50%)
You should research a reputable gold dealer in your area and make arrangements for the sale with him. I did a google search with GOLD DEALER <MY STATE> and found some sources
I have a 1909 s vdb and want it graded. Some people say certain companys are better for different coins. Who should I go with?
Also, I am getting a 2008 $50 American eagle gold coin. Is it worth it to get that graded? Thanks
The top 2 grading companies are PCGS and NGC, you need to go through a dealer to have them submitted. As for modern gold bullion coins most grade MS-69 or PR-69 anyway why bother with the added expense unless it would be safer if you had it slabbed. Some people are not to careful with coins or like to show them off, better to scratch a slab than a coin. There are 2 other grading services that have a good reputation on you have to join ICG the other you can submit on your own ANACS. The first 2 I gave you seem to be more dealer friendly so may add a little more value to your coin.
First off i started collecting 6 months ago and have acquired coins from a Morgan to Seated liberty half to silver eagle, presidential dollar, commemoratives, etc. I purchased my first gold coin a 2008 $5 buffalo graded by ANACS in SP 70(satin) Now i am looking to purchase a $10 platinum eagle and have narrowed it down to a 2008 NGC coin. I am aware that these coins come in MS 69/ MS 70 with a regular label or the E.R. I like the idea of early release but would like to have a MS 70 grade. Looking at PCGS price grade a 1997 $10 in MS 70 is listed at $7,000. The value of a 1997 $10 in MS 69 is $145 so this brings me to believe that i am much better off purchasing a 70 grade. (tho they did not offer E.R. in 1997) I am looking at this from a collectors viewpoint and would like to say that i own a $7,000 coin (i am aware this may not appreciate in all cases) would paying $300 dollars for a regular 2008 MS 70 be overpaying by too much, this seems to suit my price range as i know platinum is around a G/ounce. i am trying to decide between the regular label MS 70 or an E.R. 69 please share anything advice/comment you may have. 21/male. thank you
MS 70 is the highest grade possible it is the closest to being perfect as your going to get, it is also the most expensive if a MS-69 cost $100 then an MS-70 will at minimum be double the price. There is also the grade of Deep Cameo MS-70 this coin will let you see yourself as if looking in a mirror this is the most Expensive grade I know of. Good luck
US Mint Coin Sales: Bullion Gold and Silver Eagles Lead ...
Debuting for the first time are sales figures for the Taylor Presidential Dollar Coin Cover. The product was released on Dec. 30, 2009, with collectors ordering a solid 18,705.
The following table lists US Mint sales stats. The first three columns provide weekly increases between the listed time periods, offering a sense of recent trends. The final column provides the latest totals for US Mint coin products, as of Sunday, Jan. 10, 2009.
American Gold Eagle $50 Coins
Historically, gold has been much sought after because of its inherent value and beauty. It is a precious metal as well as a tangible asset, which means that you can feel and hold it in your hands. In addition, gold is a very good investment as it offers stability and liquidity, and it can be diversified.
Internationally, gold is recognized for its monetary value and as a financial asset. Some governments often use gold as part of their reserve, and it is also used to diversify investment portfolios.
Over the years, the Mint has produced and offered gold coins for sale, and one such coin is the American Eagle $50 Gold Coin, which is sought after by collectors and investors.
...News
US Mint Sales: Gold and Silver Coins Set PaceCoinNews.net (press release) - Jan 14, 2010
Last week#39;s rising gold and silver prices were beneficial to most US Mint precious metal products. Momentum picked up for American Eagle Gold and Silver US Mint Silver Coin Sales: Old Uncirculated Set and Eagles LeadAmerican Silver Eagle Coins Achieve Record Annual SalesUS Mint 2009 Silver Eagles Sell Outnbsp;-all 13 news articlesnbsp;raquo;
Stock Markets Review - Jan 13, 2010
ReutersWhile the silver bulls might hope to get some residual support from ongoing news of a tightening of supply of American Eagle silver coins at the US Mint, Gold Price Rallies 3.9% - Gold Backed Treasuries Next?all 367 news articlesnbsp;raquo;
CoinNews.net (press release) - Dec 29, 2009
Coin Update NewsThe proof and uncirculated versions of the American Eagle Gold and Silver Proof Coins are not mandated by law. The US Mint sells bullion coins for a small 2009 Fractional Gold Eagle Bullion Coins Sold OutUHR Gold Final Hours, US Mint Last Chance SalesTaylor Presidential $1 Dollar Coin Cover Issuedall 89 news articlesnbsp;raquo;
Silver Coins Today (blog) - Dec 23, 2009
CBC.caUS Mint Depletes Inventory, Down to American Eagle One-Ounce Bullion Coins American Eagle one-once silver and gold coins are the final remaining 2008-dated US Mint Sales: Silver Eagles Top 28M, Sets Mostly Lowerall 148 news articlesnbsp;raquo;
Wall Street Journal - Dec 28, 2009
Macy#39;s climbed 2%, while Saks rose 2.4% and American Eagle Outfitters advanced 2.9%. Also providing a boost, online retail giant Amazon.com said over the and morenbsp;raquo;
2008-W BURNISHED $5 GOLD AMERICAN EAGLE PCGS MS69
2008 $5 TENTH AMERICAN GOLD EAGLE ~ 1/10 oz
2008 $5 TENTH AMERICAN GOLD EAGLE ~ 1/10 oz
2008 $5 TENTH AMERICAN GOLD EAGLE ~ 1/10 oz
2008 American Eagle Gold 4 Coin Set Uncirculated RARE!