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 ...
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.
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
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.
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
2010 American Gold Eagle Release Date
After a year of heavy demand, the United States Mint will begin offering the 2010 American Gold Eagle bullion coin with a slight delay. Typically, authorized purchasers are able to order the coins in late December for delivery in early January. This year orders won't be accepted until January 19, 2010.
The reason for the delay is because the US Mint continued to produce the 2009-dated Gold Eagle bullion coins up until the end of the year, amidst the continuing high demand. This demand resulted in the fourth highest annual sales total of gold bullion in ounces.
Typically, production of coins bearing the following year's date will begin by early December. This, in turn, allows the US Mint to accept orders earlier and begin delivery a few days into the new year.
...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;
CoinLink - Jan 13, 2010
For many years, the 1883-O eagle had sold for $10000 to $15000 in Extremely Fine grades when it was available. I do remember the Eliasberg coin (graded EF45
Coin Update News - Dec 29, 2009
The United States Mint has sold out of the remaining fractional weight 2009 Gold Eagle bullion coins. US Mint Provides 2009 Fractional Gold Eagle Sell Out FiguresMint Stats: Bullion Demand Overshadows Other SalesUS Mint Sales: 2009 Silver Eagles Peak, Collector Coins Weaknbsp;-nbsp;-all 89 news articlesnbsp;raquo;
Coin Update News - Jan 04, 2010
CBC.caThe United States Mint will begin taking orders for 2010 American Gold Eagle bullion coins from authorized Eagle Sales Slow Between HolidaysUS Mint Coin Demand Picks Up Slightly, 2009 Bullion Eagles Still SellingDecember 2009 Gold and Silver Bullion Sales: New Silver Eagle Recordnbsp;-all 72 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 and silver daily commentary (January 13, 2010)Gold Falls Nearly 2%, Silver Plungesall 365 news articlesnbsp;raquo;
1997 4th Ounce American Gold Eagle Bullion $10.00 Coin
1993 Gold American Eagle 1/10 oz. $5 Gold Coin Bullion
1990 Gold American Eagle 1/10 oz. $5 Gold Coin Bullion
(3) 2009 AMERICAN $5 GOLD EAGLE BULLION COINS- 1/10 OZ.
1990 Gold American Eagle 1/10 oz. $5 Gold Coin Bullion