Gold Coin Values
Undoubtedly, the most beneficial aspect to know about gold coin values, is that bullion gold coin prices generally hover just above the current gold spot price (which is the cost of one troy-ounce of pure gold), while rare coins command exponentially higher premiums. Rare gold coin values are exceedingly higher than bullion values because rare coins like Double Eagles possess numismatic value, which historically appreciates dramatically throughout long-term episodes of economic instability. Double Eagle coins are $20 Lady Liberty, and $20 Saint Gaudens, 22-karat, rare gold coins, and these items are currently calling for bargain prices, due to the declining gold spot price.
The recent $10 billion Dubai bailout has temporarily given our nations’ dollar a “shot in the arm”, and this has reflected in diminishing gold spot prices. The cost of one troy-ounce of pure gold was hovering at $1102.50 levels, as of 3:00pm, EST, and trend-savvy investors could capitalize on today’s tapered gold prices with short-term purchases in American Eagle bullion, and long-term buys in rare gold coins like the aforementioned Double Eagles. Many long-term investors believe that the Dubai bailout is a welcome beacon for the droves of “blind believers” in economic recovery. Traditional investors in stocks and bonds stubbornly continue to throw their dollars into Wall Street and banking investments, while shrewd gold investors can navigate our current recession with the benefit of artificially repressed gold prices. Prospective investors are encouraged to complete their research, and then to contact one of our friendly specialists, who offer institutional discounts on bullion, and rare coin to household investors like you.
Jonathan Monroe
