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| Starting an American Gold Eagle Coin collection |
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| Written by Chris Channing |
| Friday, 22 August 2008 09:22 |
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American Gold Eagle Coins are an official United States mint coin. It was first released for circulation in 1986, and came in 4 different denominations. These coins are often special collectibles, and are rarely used as a currency due to their value. The following paragraphs will tell you how to find, buy, and start collecting American Gold Eagle coins. There are a few types of American Gold Eagle coins that are available. They include: a $5, $10, $25, and a $50. There are some from each denomination per year since 1986. Values are based primarily upon the age, and size. A $5 coin weighs 3.393 grams, which is about the weight of a penny. $10 coins weigh 8.43 grams, $25 coins weigh 16.9 grams, and $50 coins weigh a massive 33.93 grams! These are impressive amounts of pure gold, and their value fluctuates with the gold market values. Its good to know what you are looking for! Finding an American Gold Eagle coin is a task within itself, they are rare, and very few were in production. You can start by searching the United States Mint online tool, and find dealers that are nearby. Ebay is also an option, but it is more likely that these are counterfeit, or just scams all together. Be careful when purchasing one of these lovely coins, because you don't want to risk losing everything in a deal gone wrong. Phonebooks may also be of assistance, but your area may not have any listings at all. After accomplishing the hunting part, you can start thinking about how much you want to spend, and arranging a budget. The more you have to spend, the greater your chances of getting the American Gold Eagle coin that you choose. Many people are reluctant about selling theirs, because they are quite precious to them. After all the hard researching, and more researching, you should have purchased a coin by now. If you have, congratulations! You are now part of the elite group of rare American Gold Eagle coin collectors. In time your coin will increase in value, but it may also possibly decrease. You can start evaluating market trends, and find a low point in the gold market. Purchase what you can then, so that when it goes back up you are able to sell, or keep them if you want. Closing Comments Collecting coins is a great hobby of many Americans. It gives us the chance to collect a rare piece of American monetary history. All collectors and connoisseurs make mistakes, so don't fret if you mess up at least once! Kindly provided by LJ-Marketing.dk You are welcome to use this article on your own website, if you include the link just before this text. |
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