Best Value Gold Coins
Saint gaudens gold coins have been a favorite among collectors over the years and their popularity continues to this day.
Best value gold coins. While the spot price of gold determines the value of any investment coin they also carry a legal tender value ranging from 50 for the one troy ounce coin to 5 for the one tenth ounce piece. Demand remains strong throughout the world and the asking price of any gold saint gaudens is strongly influenced by this fact. Gold coins are also flat disk shaped 0 999 pure gold pieces. The one ounce gold eagle coin has a 50 us dollar legal tender face value but like almost all gold bullion coins they are bought and sold based on their guaranteed gold content.
However most gold coins unlike gold rounds carry an official face value legal tender value in the country of issue. Some pcgs coins sell for less than the prices listed and some pcgs coins sell for more than the prices listed. Coins are stamped with 1 oz fine gold and actual worth follows gold indexes. The purest 24k 9999 fine or 99999 fine coins suggest better value in markets when supply of coins exceeds their demand.
The best investment grade gold coinage may vary in design but they generally increase or decrease in value at the same pace. Remember that the prices are just a guide a starting point for asserting value. The royal canadian mint has the reputation for having the best value for purchasing gold bullion. Under the terms of legislation the program was to contain four different weights in total 1 oz oz oz 1 10 oz and include two different versions initially bullion and proof.
Coins with the seated liberty design. For coins valued at under 10 even when graded by pcgs the price listed is the value of non graded i e raw coins. These investment instruments carry one of the highest premiums over the spot price of gold due to collector demand and official recognition from sovereign. Released each year the silver american eagle contains 1 ounce of 999 fine.
If you compare prices to forex s values buying fewer than ten will cost you about 68 above spot price. In 1985 congress passed the gold bullion coin act which allowed the united states mint to create a series of official gold coins in 1986 the first 1 oz american gold eagles were introduced and since then investors and collectors have consistently made the 1 ounce gold eagles some of the most popular gold bullion coins in the world. American gold eagle coins were authorized for production by the united states congress with passage of the gold bullion coin act of 1985. 1 oz gold american eagles for sale.
First struck in the year 1986 they have become by sheer overall sales volumes the best selling gold bullion coin globally. The american eagle is also available in silver. Equally popular among numismatic collectors are any u s. The spot price is the current trading value of silver which with the addition of the premium minting costs plus profit for the dealer will affect the final price of your coin.