Gold coin prices are most immediately determinate on a given coin’s status as either bullion, or rare gold coin, with rare gold coins commanding exceptionally high premiums, and bullion coins carrying prices that are slightly higher than the current gold spot price. Modern bullion coins contain exactly one troy-ounce of pure gold, which makes them ideal for tracking the current gold spot price, and their absence of numismatic value also makes them commonly used potential profit vehicles.

Government-approved bullion coins can also be used as long-term, gold-backed IRA contributions, which include 22-karat American Eagles, along with various 24-karat bullion coinages. Even though 22, and 24-karat bullion coins are of differing purities, they still both contain a full troy-ounce of pure gold, with 24-karat bullion coins naturally commanding slightly higher premiums.

Rare gold coins command considerably higher premiums than their numismatically devoid counterparts, and wise investors officially certify their long-term rare coin holdings with official “mint state grades”. Since gold traders refer to these grades at liquidation time, it is wise to only use either the PCGS (Professional Coin Grading Service), or the NGC (Numismatic Guaranty Corporation), for rare coin numismatic certification, since gold traders hold these two rare coin-assaying companies in the highest regard.

Investors who have completed their research, can avoid paying exploitive retail prices for their bullion, and rare gold coin by contacting one of our friendly specialists, who offer institutional discounts on these items to household investors like you.

Shawn Cunningham

The differences in gold coin prices vary primarily due to a given gold coin’s status as either bullion, or rare gold coin. Generally speaking, short-term investors seek to benefit from fluctuations in the gold spot price by making bullion coin purchases, and long-term investors seek the benefits of proven financial protection, through acquisitions of rare gold coins like Double Eagles. $20 Lady Liberty, and $20 Saint Gaudens, 22-karat rare gold coins are also commonly referred to as Double Eagles, and their gold coin prices are considerably higher than those of 22-karat, American Eagle bullion coins, which carry a $50 face value. This face value is purely symbolic, as these coins contain a full troy-ounce of pure gold, and their prices hover slightly above the current gold spot price.

Conversely, long-term, safe haven assets like Double Eagles carry substantially higher gold coin prices, because of their inherent numismatic value. Even though these precious metal rarities contain almost a full troy-ounce of pure gold, this inherent value far “outweighs” that of their substantial gold content (.9675 troy-ounces of pure gold).

In order to assure the highest consideration among gold traders when the time comes to liquidate their Double Eagles, investors are advised to purchase only rare gold coins that have been officially certified by either the NGC (Numismatic Guaranty Corporation), or the PCGS (Professional Coin Grading Service).

As always, prospective investors are encouraged to complete their bullion, and rare coin diversification research. They are then encouraged to contact one of our friendly specialists, who offer institutional discounts on American Eagle bullion, and Double Eagle rare gold coin to household investors like you.

Shawn Cunningham