Information about the American gold eagles and collecting of US coins

Posted by Capstone Coins
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May 24, 2017
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The gold eagle is an American coin, widely known as the official gold bullion coin that was authorized under the Gold Bullion Coin Act in the year 1985. It is a 22 kt gold alloy coin that was traditionally referred to as the crown gold eagle coin or simply the crown gold.

The collection of the American gold coins has had a history that dates from way back in 1933. It was popularly done by collectors and investors, and most of them were saved by individuals or stored by banks. The double eagle still enjoys a high demand from among investors and collectors. This demand is highly attributed to the ease in its pricing which is not related to its intrinsic value. Its portability and liquidity can also be contributing factors for its high demand.

The collection of US coins has been a good venture for the investors and collectors who have made it their side hustle. It has a good turnover because it is widely bought and sold and is also readily available throughout the stores that stock gold eagles – coins.

Collection of US coins by series

One of the types in which the coins are collected is within a series. Many of the Coronet Head Gold, for example, is affordable for most collectors even while in uncirculated grades. The series that will contain the first U.S gold coins are shorter and rare, which makes their prices to be higher, reflecting the rarity. This becomes a good and lucrative investment venture for any person involved in it. The Indian Head type 2 and other 19th Century gold coins will equally go at a higher rate, making their collection business lucrative. However, there are some series that can also offer relatively cheap and affordable rates in the gold coin series collection.

Collection of US coins by type

The collection of these coins by series poses many challenges. Most of the collectors and investors are small scale, and they can't afford the competitiveness in the market, which makes them turn to collection by type. Collecting the coins by type provides for opportunities on any budget. The type coins include the Liberty Cap, the three Turban Head, and Classic types and a collector can choose a type that fits their budget from any of the dates and mintmark combinations.

The type option can be based on the denomination, the century or year, by mint, collector’s choice, and or by design. The collectors can choose to combine various elements and make their choices on the method of collection.

All in all, all the types have a potential of making lucrative deals for the collectors and the investors. What matters most is the potentiality and the budget that one holds and intends to use.

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