Gold Coin Investing with Eagle Numismatics
Investing in Gold Coins has always been a profitable investment strategy as a hedge against inflation. Now, in today’s economic climate with the loss of confidence in the dollar and its resulting loss in value, devoting a percentage of your investments in gold coins has become a recommended practice by most top financial advisors. Helping you make money by investing in gold & specific rare gold coins is what we do. Eagle Numismatics can identify real opportunities for profit through the tracking of gold coin prices, ownership of rare coins, gold and silver coins, and gold bullion. We hope the information found here will help you in your investment planning. Please take a minute to review our information on Liberty gold coins, gold Eagle coins, US gold coins and gold dollar coins. We also offer a recommendation for building your gold coin portfolio, based on any budget.
Can’t find the coin you're looking for? We have many more in stock including silver coins and gold bullion.
A Long History of Gold Coin Currency
Gold Coins are the most recognizable forms of currency around the world. Gold is a valuable source for money for many reasons. It can be traded easily. Gold is also easily transportable due to its high value to weight ratio as compared to silver. Gold can also be divided into smaller units, without destroying its value. Gold can be melted into ingots and re-coined. The density of gold is higher than other precious metals, making it difficult to counterfeit.
Egyptian Pharaohs commissioned the first gold coins around 2700 BC. These tokens varied in weight and purity, and were generally given as gifts not used as currency. By 630 BC the first gold coins with standard weight and purity went into circulation. By the 5th century BC the Chinese minted their own gold coins called the "Ying Yuan."
From this time on, gold coins enjoyed a long reign as the predominant means of currency. This lasted until the 20th century when in 1933 with the passage of the Emergency Banking Act, the president ordered all individuals and corporations in America to hand over their gold holdings to the federal government in exchange for an equivalent amount of paper currency. This ended the historical reign of gold currency.
Bullion Gold Coins and Variations
Any precious metal in bulk form is known as bullion, and is traded in the commodities market. Gold bullion can be cast into ingots (bars) or minted into coins. Bullion has a face value based on its mass, purity and the current price of gold. Although most gold coins are collected for numismatic value, there is still a large demand for the gold content of bullion. Most investors view these as a "hedge" against inflation; hedge meaning an attempt to offset price fluctuations within the gold market.
Gold bullion coins usually come in 1, 0.5, 0.25, 0.10 and 0.05 ounce sizes. Most countries have one design that remains constant each year, ours being the American Gold Eagle. Others (such as the Chinese Panda gold coins) have variations each year. A 0.10 oz. gold bullion coin is about the same size as a U.S. dime. A 1 oz. gold bullion coin is comparable to a U.S. half dollar.
Gold Coin Consultations
Brett Bogus, as the owner of Eagle Numismatics has been recommending 1 Ounce Type II $20 Liberty Gold Coins minted from 1866 to 1876 to his clients for over 13 years. We have found that the principle of supply and demand has proven to be a strong financial success for our clients in this area. Mr. Bogus has acted as a Registered Investment Advisor as well as a principle in a Commodities firm. You have heard him on national radio and television shows and major coin dealers buy directly from Eagle Numismatics. Brett offers personal consultation on rare gold coins and rare coin offers for investors and collectors.