Answers
I don't want to get ripped off
wise_irish_owl...i'm not that stupid, i know it is not that cheap...if it were everybody would be stocking up on it. I know a quarter ounce is at least $100 - $200. I want someone who knows the real answer to tell me...like a gold collector.
If it is a common date coin, it is worth between $130-150, depending on the current gold market prices.
In this episode of Spare Change we look at the American Gold Eagle bullion and the collector American Eagle gold coins (proofs and burnished ...
But turns out American Eagle Coins are in a whole price category by themselves. They're usually 60 dollars more than an ounce of any other kind of coin. Check out this site. http://www.monex.com/monex/controller?pa geid=prices I paid the price of gold bullion, but the American eagle coin itself says it's 60 bucks more. So why did the guy at the coin gallery charge me bullion price?
He could have been an idiot.
The coins could be fakes, (maybe get them checked?)
Or he could be simply trying to off load them to pay that month's bills :S
Price:
$14.14
$14.14
i just bought on ebay for $280, a 2004 bullion $10 american gold eagle, the edges and lettering are perfect, no mottling or pockmarks, the US mint states they're supposed to weigh 8.483 grams, but when i weighed mine, it syas it is 8.522, off the stated mass by .039, is this normal? seeing how each coin can't be identical?
yeah i would say thats a pretty good fake but if you dont believe me call the FBI and ask them cuz they only supposed to be .012 off
what are the chances a $10, 1/4 ounce bullion gold eagle from 2004 is counterfeit? i got it on eay for $260, or is it too much money to counterfeit a lower valued coin? it looks like gold, but i fear it may be fake.
I already sent you an answer here and have checked with others and find no fakes reported of American Eagle Gold coins. To be safe weigh the coin. Also look at it for pock marks such as raised dots and the lettering in the legends should be sharp with no unsharp lines. You did not say where it came from. Most coins from China are fakes.
Hi, i am about to buy gold bullion but i want to understand that what should be the price i should expect when selling it back in the market. I understand that it is lower than spot price but how much lower will it be? maybe in percentage.
Can you also tell me if the difference of price drop while selling a Credit Suisse gold vs. American Eagle gold coin.
Thankyou
The typical markup at purchase and fee at sale is 5% to 8% from current spot price for any gold sale, so you should shop around.
Rare Gold Coins Outperform Gold Bullion | Gold Coins Rare
Gold has been in a positive trend since 1999. We have seen gold come from $252 per ounce in 1999 to as high as $1,225 per ounce at the end of 2009. Over that 10 year period is a 386% gain. Over an even longer period of time we have seen gold come from $35 per ounce in 1970 to that same $1,225 mark in 2009. That is a 3,400% increase! But what have rare gold coins done over that same time frame?
According to PCGS, Mint State Rare Gold Coins have performed even better that gold bullion since 1970. On their site, a $1,000 acquisition of mint state rare gold coins in 1970 would be worth $114,489 today. That is an 11,348% increase! That means that rare gold coins have outperformed gold bullion close to 4 to 1 over the past 40 years.
...News
US Mint Sales: Gold and Silver Coins Set PaceCoinNews.net (press release) - Jan 14, 2010
Momentum picked up for American Eagle Gold and Silver bullion coins, the proof American Buffalo Gold piece, and several First Spouse Gold Coins. American Silver Eagle Coins Achieve Record Annual SalesUS Mint Silver Coin Sales: Old Uncirculated Set and Eagles LeadWhy Silver Premiums Are Critical to Your Bottom Linenbsp;-all 13 news articlesnbsp;raquo;
CoinNews.net (press release) - Jan 13, 2010
ReutersThe Mint said it had sold 115178 of the gold coins. Also in the news, the US Mint on Tuesday said the bullion 2009 Eagle Silver Coins sold out, “Get Your Gold the Hell Outta Here!”Gold Price Rallies 3.9% - Gold Backed Treasuries Next?all 367 news articlesnbsp;raquo;
NumisMaster.com - Dec 31, 2009
Coin Update NewsGold buyers seemed to be firmly focused on the one-ounce American Eagle gold bullion coin rather than collectible US Mint Provides 2009 Fractional Gold Eagle Sell Out Figures2009 Fractional Gold Eagle Bullion Coins Sold OutUS Mint Sales: 2009 Silver Eagles Peak, Collector Coins Weaknbsp;-nbsp;-all 89 news articlesnbsp;raquo;
Uncommon Wisdom Daily - Jan 11, 2010
But let#39;s start with the most basic form: Physical gold bullion. The two most popular vehicles … Gold bullion coins. Best examples: The American Eagle, and morenbsp;raquo;CoinNews.net (press release) - Dec 23, 2009
ReutersFor the latest news on American Eagle bullion availability, as the United States Mint told its authorized purchasers on Tuesday, read about American Eagle Investing in Gold: Why does gold for delivery cost more than #39;spot#39; price?all 741 news articlesnbsp;raquo;
2002 American Gold Eagle $50 1oz Bullion Coin 
2004 W American Eagle Gold 1/10 Oz. Proof Bullion Coin
1986 $50 American Eagle, 1oz Gold Bullion Coin
1999 $50 American Eagle, 1oz Gold Bullion Coin
AMERICAN EAGLE GOLD BULLION, $5 Coin, 2004, BEAUTIFUL