Golden Eagle Flyin'

Question by Ben: I need some advice on selling gold coins.?
I have a number of 2008 1 0z. American Gold Eagles that are in very good condition. But I need to know what I should ask for these coins if I sell them to a coin dealer. Is 90% of spot price a good deal?
Or should I be looking at the PCGS rating for the coin, and asking for a better deal?

Best answer:

Answer by clogher
You'll have to pay to have the coins graded. Unless they're unusually good, I'd take the 90%. That's a lot more than the coins sold for in 2008!

Give your answer to this question below!
[wprebay kw="1+0z+gold+eagle" num="0" ebcat="11116"]
[wprebay kw="1+0z+gold+eagle" num="1" ebcat="11116"]
[wprebay kw="1+0z+gold+eagle" num="2" ebcat="11116"]

Originally posted 2010-09-25 00:13:39. Republished by Blog Post Promoter

Question by leed613: The US Mint does not sell 2010 American Eagle coins, are the coins sold by retail sources legitimate?
The US Mint does not sell 2010 American Eagle coins, but I have seen the coins sold by commercial sources (e.g. Littleton Coins). Are these coins from the retail outlets the same coins originally sold by the mint? If yes (or maybe), how can I be sure?

Best answer:

Answer by ►BobB◄
the mint will only sell to registered coin/bullion dealers.

Littleton Coin and others buy from the Mint, and retail to the consumer.

Know better? Leave your own answer in the comments!
[wprebay kw="american+eagle+coins" num="6" ebcat="11116"]
[wprebay kw="american+eagle+coins" num="7" ebcat="11116"]
[wprebay kw="american+eagle+coins" num="8" ebcat="11116"]

Originally posted 2011-01-11 00:01:00. Republished by Blog Post Promoter

Question by vanbadiwal: What is a one ounce proof silver bullion American Eagle worth? I have 1986 and 1987 coins.?

Best answer:

Answer by greg b
Silver is at 20.10 an ounce

The Silver eagle market is around 22$ for a regular date - so thats the bear minimum.

All silver eagles are uncirculated so quality is prob not an issue for you, if they are still in their original case from the mint they are probably ms 67- to ms 69.

Both of your coins are around -40.

Hold onto them, silver will probably increase even more as the economy slumps.

Add your own answer in the comments!
[wprebay kw="1987+american+eagle+proof+coins" num="0" ebcat="11116"]
[wprebay kw="1987+american+eagle+proof+coins" num="1" ebcat="11116"]
[wprebay kw="1987+american+eagle+proof+coins" num="2" ebcat="11116"]

Originally posted 2010-08-24 11:59:22. Republished by Blog Post Promoter

Question by wonderfulcounselorhealer: Was is 2007 when the US Mint did their last 22 Karat Gold American Eagle coins before they began the 24Kcoins?

Best answer:

Answer by curtisports2
The gold eagles are still 22k. The 24k gold coins are the Buffalo and First Spouse coins.

Give your answer to this question below!
[wprebay kw="2007+american+eagle+gold+coin" num="0" ebcat="11116"]
[wprebay kw="2007+american+eagle+gold+coin" num="1" ebcat="11116"]
[wprebay kw="2007+american+eagle+gold+coin" num="2" ebcat="11116"]

Originally posted 2010-09-13 00:00:36. Republished by Blog Post Promoter

Question by yea its me: Would coins be a good investment?
If I bought 2006 silver eagle proofs.
or if I bought 2006 gold eagle proofs?
Back in 1991 I bought 0 worth of non-proof silver dimes/half-dollars last week I sold them in the rich part of town. She gave me 0 for them So anyway would proof silver/gold coins be a good idea? Any help would be great..Thank you!

Best answer:

Answer by cork
PRECIOUS METALS GO UP AND DOWN....
WHO KNOWS..............

Add your own answer in the comments!
[wprebay kw="gold+eagle+proof" num="4" ebcat="11116"]

Originally posted 2010-06-07 12:06:10. Republished by Blog Post Promoter

Question by Ye Ling: i need to know the initial offer prices of 2006w american eagle proof gold coins. 1 oz, 1/2 oz, 1/4 oz, 1/10,?
1 oz, 1/2 oz, 1/4 oz, 1/10 oz, & 4 coin set.

Best answer:

Answer by Daniel S
kitco.com

Know better? Leave your own answer in the comments!
[wprebay kw="gold+eagle+proof" num="1" ebcat="11116"]

Originally posted 2010-06-03 00:00:30. Republished by Blog Post Promoter

Question by Shanizzel: Are silver american eagle coins good as an investment?
I'm not talking about investing hundreds of dollars on them. What I am saying is, you hear a lot of people saying a today isn't going to be worth as much later right? Well if I were to purchase a Silver American Eagle coin this year, would the or so dollars spent on it be better served that way or just being saved at home.

Best answer:

Answer by Santosh
They could be worth millions 25 to 30 years down the line....

Know better? Leave your own answer in the comments!
[wprebay kw="american+eagle+coins" num="0" ebcat="11116"]
[wprebay kw="american+eagle+coins" num="1" ebcat="11116"]
[wprebay kw="american+eagle+coins" num="2" ebcat="11116"]

Originally posted 2010-10-03 23:59:27. Republished by Blog Post Promoter

Question by LBTNG: What type of Gold American Eagle coins are best to put into a gold IRA?
I have decided to buy a gold IRA, but there is conflicting information given by different companies.

Some say to put Gold "proof" American Eagles in it, because they are more valuable than non-proof American Eagles. Others say that it is not worth it, because the coins, when in an IRA, are only valued based on the value of the metal itself, and not on the collectible value, so this is just a way for the salesman to make a better commission from you.

Does anyone know the real answer to this question?

Best answer:

Answer by dmatt
The fees can be crazy on holding physical gold in an IRA, and many companies are no more than elaborate scams. If you want to own gold, buy the GLD ETF. GLD is the worlds second largest holder of physical gold, and its much much much cheaper to buy that than physical gold. If you still want physical gold buy bullion. Bullion does not have the collector value that coins have and as such your value won't fluctuate with the collector market, just the gold and currency markets. If you're not stuck on buying gold in your IRA, take a look at the bullion offered on ebay, thats a really cheap way to own physical gold and its easy to sell for cheap on ebay. I've done this myself, just be selective with what gold you buy, make sure its in a sealed pack and comes with a certificate from a reputable mine like Pamp Suisse.

Know better? Leave your own answer in the comments!
[wprebay kw="american+eagle+proof" num="12" ebcat="11116"]
[wprebay kw="american+eagle+proof" num="13" ebcat="11116"]
[wprebay kw="american+eagle+proof" num="14" ebcat="11116"]

Originally posted 2011-03-04 12:01:51. Republished by Blog Post Promoter

Question by Cakewalk: Should I have my gold eagle coins from 2004 and 2006 professionally graded?
I have 4 gold eagles (2004, 2006) straight from the US Mint. First of all, I am wondering whether I should grade it now or not. Secondly, I would really appreciate if someone can describe the process (concerning safety, or coin submission). Last but not least, I would like an expert opinion on picking a grading company (PCGS or NGC).

BQ: How much does PCGS or NGC charge for grading a coin?
Sorry My bad. It's a gold coin. 1 troy ounce gold.
It's non proof, so I guess business strike?

Best answer:

Answer by curtisports2
Before we can go any further here, no gold eagles were made. They're , , and . Also, are they proofs or business strikes?

Edit: OK. If it was me, I wouldn't spend the money. Business strikes are pure bullion plays, unlike the proofs made for collectors. Collectors do go after the business strike bullion coins, but they want the higher grades, MS69 and MS70 (which are not that hard to find for the last few years of release).

PCGS charges per coin for these, and you have to be a paid member. The best deal is a one-year membership for 9, which includes 4 'free' submissions. You have to pay the postage both ways. Not too bad, if you're going to use those 4, plus use their online tools like the population report and price guide.

But, that's only if the is well spent. In my opinion, it's not. According to their guide, for both 2004 and 2006, starting at MS63, there is only a increase per step up in grade, up to MS68. They start at 80 and go to 30. It jumps to 60 at MS69 and 00 at perfect MS70.

That's guide. At eBay, raw 2004 are going from 20 - 90, with the lowest coming a week ago and the highest in the last day or so. That's reflective of what gold did this week. An NGC MS70 sold for 14 two days ago. A PCGS MS69 sold for 03 a week ago. Yesterday it probably would've gone for 20. That would just about cover the fee, over a raw coin for 90. But there's no guarantee of getting a 69. A 68 or less is basically just a bullion coin.

For 2006, values are similar. I don't see grading paying off.

Know better? Leave your own answer in the comments!
[wprebay kw="2004+gold+eagle" num="0" ebcat="11116"]
[wprebay kw="2004+gold+eagle" num="1" ebcat="11116"]
[wprebay kw="2004+gold+eagle" num="2" ebcat="11116"]

Originally posted 2010-07-28 12:01:39. Republished by Blog Post Promoter

Question by Pietro: What coins should I buy for my collection?
I'm 25 years old, and recently I decided that I needed a hobby. So I came up with the idea to start a coin collection. I've been buying U.S. Silver Dollar Eagles (some slabbed some not), old Morgan Dollars, and 90% pre 1964 silver coins (junk silver).

I've been going to all of the local coin shops trying to find a dealer that I can trust. Well, today I went to a coin shop that I had never been to before. He gave free appraisals, so I decided to stop in to see what he thought of my collection so far. I explained to him that I was relatively new at this. Upon looking at my coins, he said that I had been overcharged because basically all of my coins were only worth melt value. It was very discouraging.

My question is; what coins should I buy in order to have a collection that I can be proud of? a collection that will hold it's value? A collection that one day will be profitable?

Should I only buy slabbed coins? which ones? What silver coins should I buy? what gold coins should I buy? He said that I didn't have any "special" coins? what did that mean?

Here is what I have managed to buy in one month:
slabbed 1986 Silver Eagle MS69
2008 Silver Eagle
1oz silver bullion bar
1 oz silver philharmonic 2008
1902-o Morgan Silver Dollar VG
1902 Morgan Silver Dollar VF
1901 Morgan Silver Dollar F
3oz of pre 1964 90% junk silver
1913 Type1 Buffaloe Nickle
1905 5 piece cent

Can somebody please help guide me in the right direction! Tell me what I should be looking for, and what I should be buying?

Thank You
Are there any books that you would recommend?

Best answer:

Answer by BD in NM
There is an old adage in the hobby that says; "Buy the book before you buy the coin." In other words educate yourself a little bit and you will enjoy the hobby better. Get a copy of the Red Book as a basic reference book, join a local coin club and maybe even join the ANA.

Your local coin dealers should know how to contact a local coin club and the ANA website is money.org.

As far as what to collect, that is more of a personal decision. You could try to put together a type set which would let you collect a sample of many different coin types. This would give you a feel for what is out there and what is not. Once you have narrowed down your interest you could focus on that coin series or type.

I actually have several different coin collections that I work on at different times. I focus on Lincoln cents but have a type set I am working on and also collect Confederate currency. There is also the coin that is just cool and interesting that I will buy every once in a while.

Don't let the dealer discourage you. It sounds a little like he was trying to get you to keep coming back to his shop with a negative comment about the purchases you made at the other dealers. Most dealers are pretty straight up and will deal fairly with you. Just remember they can only offer you wholesale prices when you sell to them. They are in the business to put bread on their table and can't do that if they are buying at retail.

In the end a little education will help you spot someone who is being straight up and someone who is not.

Most important have fun.

Know better? Leave your own answer in the comments!
[wprebay kw="2008++gold+eagle+coin" num="6" ebcat="11116"]
[wprebay kw="2008++gold+eagle+coin" num="7" ebcat="11116"]
[wprebay kw="2008++gold+eagle+coin" num="8" ebcat="11116"]

Originally posted 2011-02-11 12:46:22. Republished by Blog Post Promoter