Silver Coin Proof » gold

US Gold Eagle Coins

admin — Thu, 01 Apr 2010 20:46:47 +0000

The US Gold Eagle coin was first minted in 1986. It is an official gold coin of the United States authorized under the Gold Bullion Act of 1985. This coin was available in many denominations. The US Gold Eagle coin is unusual in that it is the only gold bullion coin guaranteed as to weight and gold content. The gold in the coin must come from American sources. This is a great coin to include in any collection, and is an absolute necessity in a collection of gold coins.

The US Gold Eagle is available in four different denominations: 1/10 ounce, ¼ ounce, ½ ounce and 1 ounce of pure gold. The coin is guaranteed to contain the amount stated. The US Gold Eagle is treated with a metal alloy of copper and silver which creates a wear-resistant shell that protects the coin. The Gold Eagle is minted from 22 carat gold, and the content is more than .916 solid gold.

Lady Liberty graces the opposite side of the coin in her full glory with long flowing hair, a flaming torch in her right hand, an olive branch in her left. Behind her, you can see the Capitol Building. Augustus Saint-Gaudens created the portrait of the Statue of Liberty, bordering her with fifty patriotic stars. Miley Busiek created the male eagle on the reverse side, carrying an olive branch. He is circling a nest containing a female eagle and her newly-hatched chicks.

The US Gold Eagle value fluctuates with the current market value of the gold content, rather than reflecting the face value of the coin. Originally available in $5, $10, $20 and $50 face values, they sell for $110, $225, $450 and $900 right now. With the current rising price of gold, they are sure to keep rising in value.

Originally dated with roman numerals, the U. S. Mint switched the date to Arabic numbers in 1992. While all the US Gold Eagle coins are identical to each other in most respects, they differ in the weight and face value inscribed on the other side of the coin. Like almost all U. S. gold coins, the face value on the coin is symbolic only and has no bearing on the actual value of the coin.

The US Gold Eagle coin makes a great investment for your coin collection or any collection of gold. Created with the gold standards laid down over 300 years ago, they remain in good condition even after years of ownership. This is the only coin minted by the U. S. that is guaranteed to match its gold content and weight. The value will continue to rise along with the market gold prices.

The mint makes a proof version of the US Gold Eagle. This is produced for coin collectors world wide. Produced in West Point, New York, they are marked with a "W" under the date as the mint mark of West Point. The proof is almost identical to the actual US Gold Eagle coin. But it doesn't matter which one you choose... having a real gold coin in your collection increases the value incredibly.

Tom runs coincollecting-values.com where you can find out more about coin collecting and US Gold Eagle Coins.

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Gold Bullion More Than Doubles Land Position at Granada, Prepares for Major New Drill Program

admin — Thu, 18 Mar 2010 04:34:08 +0000

Gold Bullion More Than Doubles Land Position at Granada, Prepares for Major New Drill Program
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 11, 2010) - Gold Bullion Development Corp. (TSX VENTURE:GBB) (the "Company" or "Gold Bullion") is pleased to announce it has more than doubled its Granada Gold Property land package along the prolific "Cadillac Trend" with the designation of an additional 2,812 hectares with the Quebec Ministry of Natural Resources. Granada, six kilometers south ...

Why You Should Buy Proof Gold Buffalo Now

admin — Wed, 17 Mar 2010 20:48:27 +0000

What is Proof coin? Why are so many coin collectors and investors buying proof gold buffalo coins now? The term "Proof" means a specialized minting process. Each coin is struck multiple times with specially polished dies, so the highly detailed images seem to float above the field. Savvy coin buyers know a good value when they see one, and many are rushing to get their hands on as many proof gold buffalo coins as they can get.

There are a number of reasons why coin collectors are seeking out proof gold buffalo coins today. Since the onset of the recession and the significant decline in the US economy, the value of the gold buffalo coin has been increasing steadily along with the rising gold price. This gives the coin collector a steady investment which they can rely on. The price of gold keep rising and proof gold buffalo coins are made of 24 karat 99.99 percent gold. Gold is recession proof which has been proven during the economy crisis in the past centuries. The value of the proof gold buffalo coin will likely continue increasing which also makes such coins a worthwhile investment during the times of financial instability.

The amount of genuine proof gold buffalo coins created is limited and eventually the US mints will stop offering such coins. As of the fall of 2008, mints have stopped making the proof gold buffalo coins because meeting demand was becoming too overwhelming. It is still possible to get such coins from coin dealers both on and off the Internet however.

Eacg Proof gold Buffalo coin is guaranteed by the United States government for its gold content and purity, which has made proof gold Buffalo coins widely accepted and traded almost all over the world, along with the standard American gold Eagle series. You can quickly sell Proof gold Buffalo coins for cash which allows you liquidate your investment should the necessity rise.

Seeking out genuine gold coins can be tricky and coin collector need to be careful when hunting down Proof gold Buffalo coins. These proof coins possess a "W" on the front side of the coin which indicates that the coin is a proof edition. The proof editions are limited to 300,000 coins in all. Presently, proof coins in mint condition and which are un-circulated are valued at right around $950.00. This value is likely to increase as the years pass. If a coin collector is interested in purchasing a proof gold buffalo coin the sooner he or she does so, the better.

To learn more about Proof Gold Buffalo, I recommend you checking out American Buffalo Gold Coin. It is a specialized Gold Buffalo Coin for Sale site, offering a great selection of American gold Buffalo coins, silver Buffalo and Buffalo Nickels for sale. This website makes finding your dream American Buffalo Coin a million times easier. Be sure to try this website before you buy.

Wilson Snyder is a freelance writer. Learn more about Proof Gold Buffalo at Buy American Buffalo Gold Coin.

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Competition for the IMF’s Gold?

admin — Mon, 15 Mar 2010 05:03:42 +0000

Competition for the IMF's Gold?
On February 24, Reuters reported that the Reserve Bank of India was “set to be a buyer” of the 191.3 tonnes (6.74 million ounces) of gold the IMF is selling.

John Embry: As Confidence Returns, Gold Will Rise

admin — Fri, 12 Mar 2010 04:42:35 +0000

John Embry: As Confidence Returns, Gold Will Rise
The Gold Report caught up with John Embry, Chief Investment Strategist, Sprott Asset Management, to get his thoughts on gold and some mining stocks he favors. Embry, an industry expert in precious metals, has researched the gold sector for over 30 years.

Gold Rises on Demand for Currency Alternative; Palladium Jumps

admin — Tue, 09 Mar 2010 04:35:20 +0000

Gold Rises on Demand for Currency Alternative; Palladium Jumps
March 5 (Bloomberg) -- Gold futures rose, capping a weekly gain, on investment demand for the metal as an alternative to holding currency. Palladium jumped to a 20-month high.

Gold hits record high in euros, pound

admin — Sat, 06 Mar 2010 04:34:06 +0000

Gold hits record high in euros, pound
Gold rallied to a six-week high in dollar terms and hit record highs versus the pound and the euro on Tuesday, as uncertainty about Greece's debt and Britain's politics lifted demand for bullion as a hard asset.

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Gold down a fourth day as dollar rises vs. euro

admin — Sun, 28 Feb 2010 04:37:17 +0000

Gold down a fourth day as dollar rises vs. euro
NEW YORK (MarketWatch) -- Gold prices declined for a fourth straight day Thursday as the U.S. dollar rose versus the euro, while renewed concerns about Greece's ability to rein in its deficit increase...

Gold prices at 1-mth high on strong global cues

admin — Thu, 25 Feb 2010 04:38:16 +0000

Gold prices at 1-mth high on strong global cues
NEW DELHI: Gold prices added Rs 190 to scale the psychological Rs 17,000-level at the bullion market here on Saturday in tandem with strong global cues.

Indonesian group prefers gold as dollar loses shine

admin — Tue, 23 Feb 2010 04:36:43 +0000

Indonesian group prefers gold as dollar loses shine
JAKARTA, Feb 20, 2010 (AFP) - Guided by a Scottish-born convert to Islam, a group of devout Indonesian Muslims is shunning "worthless" paper money in favour of gold and silver coins for their daily transactions.