Coin Blogger » US Gold Coins

Buy St. Gaudens Coins 2011

Douglas — Sun, 03 Apr 2011 02:55:49 +0000

Is it time to buy St. Gaudens Coins, 2011 still has a bullish gold market with the spot price of gold above $1400. For those of you not familiar with this coin, it was the original double eagle designed by Augustus Saint- Gaudens.

The US Coins were thought to be a little plain at the turn of the 20th century so President Roosevelt thought something should be done about it. This was in 1904. Augustus did design both sides of the coin, but unfortunately he died before it was finalized and went into production in 1907.

The production of this coin was delayed because of the difficulty the mint had at properly stamping this coin out. The relief had to be lowered in order to make the coin with only one strike.

The $20 US Gold coin was first introduced in 1850. The St. Gaudens $20 gold coin was produced from 1907 till 1933. The quality of this gold coin has lasted the test of time due to largely that paper money was becoming more popular at the time of its introduction.

The 1908 St. Gaudens $20 gold coin is the only one that does not bear the motto “In God We Trust” and has become a prized piece in many collections.

In most cases this gold coin can be purchased on the open market for the current spot price of Gold plus $20. If you decide to buy St. Gaudens Coins, 2011 prices will be nearly $1450 at this time. It is a wonderful work of art and will hold its value as compared to the spot gold price.

For additional resources on coins, please see Best Coins to Buy in 2011. This site and all of its contributors strive to bring you the most accurate information available. If you have any comments to help us improve out site, please leave them. Thank you for visiting.

1 Oz Gold Coins

Coinblogger — Tue, 24 Nov 2009 19:09:40 +0000

Man, gold coins are so hot right now. I was recently searching ebay and noticed how active the 1 oz gold coins market is.

Because of this, I decided to create a tool to help people find the best 1 oz gold coins for sale on ebay. Listed below are some of the best deals on 1 oz gold coins for sale on ebay right now. This list is constantly updated with the most up to date listings. If you click on one of the listings below, you will be taken to that particular ebay listing. I hope you enjoy these 1 oz gold coins.

2008 American Eagle Gold Coins

Coinblogger — Sat, 07 Mar 2009 20:36:48 +0000

Are the 2008 American Eagle gold coins going to be key date America Eagle gold coins? Michael from the Mint News Blog has written a great article on the New Gold Eagle Key Dates. If low mintages are determinant of key date American Eagle gold coins, the 2008 American Eagles just might be key date gold eagle coins.

The 2008 American Gold Eagles that set the record low mintages were the 2008-W Uncirculated $50 Gold Eagle, 2008 Proof $5 Gold Eagle, 2008-W Uncirculated $ Gold Eagle, and the 2008-W Uncirculated $10 Gold Eagle. The American Eagles do have very low mintages.

What caused these low mintage numbers? First and foremost, the US Mint had problems getting gold planchets to produce these coins. I believe that this caused most of the low mintages for 2008. However, I don’t think that gold planchet availability explains it all.

I think that the gold price volatility played havoc on the Mint’s ability to purchase gold. 2008 was a year of record high gold prices and 12 month lows for gold prices. This gold price volatility makes it very difficult on the US Mint to determine what price to pay for gold planchets and what price to sell the Uncirculated American Eagles. This price volatility led the US Mint to change its pricing policy on its gold and silver products for 2009. Now the US Mint sets the prices on its gold and silver coins every week.

It will be interesting to see whether the low mintage numbers for 2008-W Uncirculated $50 Gold Eagles, 2008 Proof $5 Gold Eagles, 2008-W Uncirculated $ Gold Eagles, and the 2008-W Uncirculated $10 Gold Eagles will drive the prices up for these US gold coins in the years to come. Now might be a good time to buy these 2008 American Eagle gold coins. Go check out below some of these 2008 American Eagle gold coins on sale at Ebay right now.

American Buffalo Gold Coins

Coinblogger — Mon, 02 Mar 2009 10:37:24 +0000

American buffalo gold coins might be the most beautiful gold bullion coins in the world. American buffalo gold coins are .9999 24-karat gold coins. In fact, they are the only 24-carat gold coins ever produced by the United States Mint.

The American Buffalo Gold Coins don the design of James Earle Fraser’s buffalo nickel. The gold buffalo coin obverse design is a portrait of an American Indian. The reverse design is an American bison. James Earle Fraser’s buffalo nickel was first minted in 1913. Since then, it has been a favorite among coin collectors. In fact, it might be the most beloved coin design on a US coin.

American Buffalo Gold Coins Obverse

American Buffalo Gold Coins Reverse

The American Buffalo Gold Bullion Coins were authorized by Congress in 2005 in the Presidential $1 Coin Act of 2005. This is also the authorizing legislation for the Presidential $1 Dollar Series.

Another cool thing about the design of the 24-karat gold American Buffalo coin is that it is based off of the original 1913 buffalo nickel design. American coin collectors refer to this first buffalo nickel design as the raised mound Type 1 1913 buffalo nickel. This 1913 Type 1 buffalo nickel design was discontinued that same year because the date on the mound was wearing away quickly.

The United States Mint does not sell these American buffalo gold coins through the U.S. Mint website. Instead, the United States Mint sells them to gold bullion dealers who then sell to the public. These American Buffalo Gold Bullion coins are meant to be purchased for investment purposes for people wanting to buy gold bullion coins. However, many coin collectors believe that these gold bullion coins will also have numismatic value when the U.S. Mint discontinues producing them.

2009 Ultra High Relief Double Eagle Gold Coin Exhibit Opens

Coinblogger — Tue, 03 Feb 2009 16:09:01 +0000

The 2009 Ultra High Relief Double Eagle Gold Coin Exhibit opened today at the Philadelphia Mint. This exhibit details how the Mint created the new Double Eagle Gold Coin based off of the 1907 $20 double eagle.

US Mint Philadelphia

I am ashamed to admit that I have never taken the US Mint tour. That is a disgrace for a coin collector who lives outside of Philadelphia. The problem that I have is that the US Mint tour is only open during the week. When you live in a city, it is hard to take time off work to visit an attraction in your home town.

But, I think that this 2009 Ultra High Relief Double Eagle Gold Coin Exhibit will be the impetus that gets me to take the tour. I think that everyone loves the 1907 Double Eagle Coin. Saint-Gaudens’ design is probably the most beautiful design on any U.S. coin.

If you are interested in buying rare gold coins, here are some interesting current auctions:

If you would like to read more about this coin, here is my 2009 Ultra High Relief Double Eagle Gold Coin article describing this beautiful US gold coin.

Coin Collecting News – Mike Ellis ANA, Gold Coin Pricing, Native American Dollars

Coinblogger — Thu, 22 Jan 2009 11:56:53 +0000

There has been a lot of coin collecting news this week. The first story that I would like to highlight is a story from Stella Coin News, Mike Ellis is running for a position on the ANA Board of Governors. This is an article written by Mike Ellis explaining why he is running. I look forward to reading his blog that he is soon launching.

The topic that is being discussed the most right now be numismatists is the new United State Mint pricing rules for the US Mint gold coins and platinum coins. Here are some great articles discussing this new coin pricing policy -

The United States Mint has started to sell native american dollar coin rolls. World Numismatic News has a good article about the Native American Dollar Rolls. Are you looking forward to these new native american coins?

There is an exciting new coin collecting website launched this week by Michael Zielinski. Many of you know Michael from his Mint News Blog. Now he has launched Clickcoins.com. Click coins is a great homepage for any coin collector. It lists the latest coin collecting news and coin collecting articles from the best coin collecting sites on the Internet. I am happy that Coinblogger has been listed on Michael’s site. I encourage you all to check it out.

US Mint Branches And Their Mintmarks

Coinblogger — Tue, 06 Jan 2009 19:17:02 +0000

Did you know that US coins have been minted in US mint banches other than the Philadelphia Mint, Denver Mint and San Francisco Mint? The US Mint has produced coins in 7 different branch mint locations over the year.

Originally the US Mint only produced coins in the Philadelphia US Mint branch. But, as the country’s borders moved westward, the US Mint needed more branches to keep up with demand for US coins.

The following is list of the US Mint branches and the mint marks found on the coins struck at that branch:

US Mint Branch	Mint Mark	Date US Coins Produced At Branch
Philadelphia	P	1793 to date
Devner	D	1906 to date
San Francisco	S	1854 to date
West Point, NY	W	1984 to date
Charlotte, NC	C	1838-1861
Daholega, GA	D	1838-1861
New Orleans	O	1838-1909
Carson City, NV	CC	1870-1893

Traditionally the Philadelphia Mint placed no mint mark on its coins. However, in 1979 and on the 1942-1945 nickels, the P mint mark has been used on Philadelphia minted coins.

I am fascinated by the Mint Branches history. I want to read more about what was going on at the Charlotte and Daholega branches at the beginning of the Civil War. The Charlotte and Daholega branches only minted US gold coins. I bet that there was a lot of conflict about the gold sitting at these branches.

Price Performance of 1/2 Oz. Gold Buffalo Coins

Coinblogger — Wed, 31 Dec 2008 11:03:01 +0000

Michael from the Mint News Blog has written a great article on the price performance for US Mint Sold Out 2008 Products. In this article, Michael researched the what certain US mint coins are selling for on Ebay today versus what the US Mint sold these US coins for.

1/2 Oz. Gold Buffalo Coin

I am very impressed by how much these products are currently selling on Ebay for. The 2008-W Uncirculated Gold Buffalo 1 oz. gold coin has gone up in price by 50%. The 1/10 oz. gold buffalo coin is selling for 112% more than the US Mint sold this coin for. The 2008-W Uncirculated Gold Buffalo 4 coin set has gone up by 56%. I am shocked by these staggering premiums.

In addition to being surprised by the premiums being paid on the above gold buffalo coins, I am confused by the price performance of the 1/2 oz. gold buffalo coins. Unlike the huge premiums being paid for the 1 ounce gold coins and the one-tenth ounce gold coins, the premium being paid for the half ounce gold coins is only 24%.

This lower premium is not just associated with the half ounce uncirculated gold buffalo coin. The 2008 proof half ounce gold coin, 2008 half ounce uncirculated platinum eagle, and half ounce proof platinum eagle coin all performed worse than the other fractional coins.

Does anyone know why the 1/2 ounce coins are performing worse than the other fractional coins? I am sure there is something that I am missing here, but it is strange that the half ounce coins all did worse.

$5 Indian Head Half Eagle Gold Coin

Coinblogger — Fri, 26 Dec 2008 14:15:27 +0000

If you love US gold coins, I bet that the $5 Indian Head Half Eagle gold coin is one of your favorites. This $5 Indian Head Gold Coin has always been a favorite with US coin collectors.

$5 Indian Head Half Eagle Gold Coin

In my previous article on the 2009 Ultra High Relief Double Eagle Gold Coin, I discussed my love for the $20 St. Gaudens gold coin. However, the nice thing about the $5 Indian Head Half Eagle gold coin is that it is more affordable thant the $20 Double Eagle coin.

I just did a search on Ebay for newly completed sales of these $5 Gold Eagle Coins and have seen sales from $350 to over $2,000. This is a lot cheaper than the $20 Double Eagle coins. This price makes the $5 Indian Head Half Eagle Gold Coins much easier for new gold coin collectors to start their collections.

The History of the Indian Head Gold Coin

Bela Lyon Pratt was the designed of the Indian Head Gold coin. The U.S. Mint began minting this coin in 1908 during the Theodore Roosevelt Presidency. The face of these coins has an awesome image of a male Indian with a cool headdress. Additionally, there are 13 stars on the front with the words liberty.

Investing In $5 Indian Head Half Eagle Gold Coins

For those wanting to invest in gold coins, $5 Indian Head Half Eagle gold coins can be great coins to invest in. Unlike newer gold coin issues, these coin have value not solely based on the price of gold. This is a great way to buy invest in gold coins because it can add stability to their value. When the price of gold declines, the value of these coins will decline less because of their historic value.

As with any coins that I collect, I like to buy key date coins. So when investing in gold coins, buy a key date $5 indian head coin. Additionally, buy the best quality coin for that key date you can afford.

What year for the $5 Indian Head Half Eagle Gold coin do you think will go up in value the most?

2009 Ultra High Relief Double Eagle Gold Coin

Coinblogger — Tue, 23 Dec 2008 18:48:00 +0000

With 2008 coming to a close, I am starting to plan out the coins I want to add to my U.S. coin collection in 2009. Despite its high price tag, I am definitely going to purchase a 2009 Ultra High Relief Double Eagle Gold Coin. The US Mint’s site say that the 2009 Double Eagle Gold Coin will be available on January 22, 2009, but I have heard that its availability date has been pushed back.

2009 Ultra High Relief Double Eagle Gold Coin

The 2009 Double Eagle Gold Coin has my favorite coin design on it obverse. I love the August Saint Gaudens design. I don’t think a more beautiful coin design has ever been produced.

The 2009 Saint-Gaudens Coins are going to be re-creations of the St. Gaudens $20 Double Eagle gold coin. These Saint Gaudens coins will weigh one ounce and be comprised of .9999 fine gold. They are going to be struck on 24-karat gold planchets.

For anyone interested in investing in gold coins, I think that these Ultra High Relief Saint Gaudens coins will be a great collector’s item. Will they go up in value not only based on the value of their gold, but also due to their uniqueness.

The original $20 Double Eagle gold coins are some of the most popular coins for investing in gold coins. While I do not think that these new St. Gaudens will be in as limited quantity as the older Saint-Gaudens gold coins, I do think that they will be desired by coin collectors for years to come.

In addition to my Jefferson nickel type set collection, I am going to make sure that I buy one of these 2009 Ultra High Relief Double Eagle Gold Coins this year.