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Rare Coins

Updated on August 19, 2009

Liberty Gold Eagle Coins

Many times, talk of gold coins makes people think of the gold american eagle coins.

First minted in 1986, it soon became one of the world's leading coins to invest in. The obverse of the coin is almost the same as the $20 Augustus St. Gauden. These were minted from 1907-1933 and were called the 'double-eagle'. They were designed to create awe like ancient Greek and Roman coins.

The gold eagles undergo a specialized process in the mint that starts by feeding burnished blanks into the presses that have special dies. It is struck multiple times so that the images appear to float above a mirror-like field.

The american eagle gold coin is the only bullion coin guaranteed by the American government (congressionally authorized) which means that it is even more of a valuable purchase. They guarantee it's gold content, weight, and purity. Investors often prefer the gold eagle to gold bullion bars or other golden coins because of delays or added expenses for assaying.

Different to most bullion gold coins, American eagles are non-reportable, private and preferred by gold investors because of their complete privacy, safety and security.

The gold eagle coin has a reeded edge and is 22 karat (which means 91.67% gold, 3% silver and 5.33% copper.) This is the standard for gold coins because it creates a tougher coin that resists marring and scratching.

In 2006 the US mint introduced the American eagle uncirculated coin. The golden version is available in one-tenth, one-quarter, one-half and one ounce sizes, along with a complete four-coin set containing one of each size.

In 1999, the US mint at West Point produced a limited number of accidental 1/10 oz and 1/4 oz uncirculated coins. All the other West Point gold American eagles are proofs.

If you are thinking of buying gold eagles and you would like to maintain your anonymity it is wise to buy from a coin trader who don't ask for your social security number or require an application.

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