Gold seems to be on the rise right now. Prices per ounce are at an all time high and are only projected to go up. A great way to get yourself invested in gold is to see out and purchase gold coins.
Gold coins are near the top-if not already at the top of most every collectors list of items to buy. There are a few reasons for this…
1. Gold coins usually only grow in value and at the very least they don’t lose value.
2. Gold coins are like pieces of history, collectors get their hands on them and feel they are a part of history.
3. It is gold! Gold coins outshine all other coins and are very coveted because they are so sought after.
When trying to determine what coins you should really go after it can be difficult. There are hundreds of different gold coins in the world and most of them are highly sought after. That being said I have put together a list of 10 of the most prized and sought after gold coins. This list may differ from other lists and the list is not in any order. The following coins are proven collectors items and the value they possess is unmatched by other coins.
Saint-Gaudens Double Eagle
This gold coin known as the “Saint”, has over the years assumed a very high place in the hearts of collectors worldwide. Most collectors and issuers consider this coin to be the greatest gold coin ever issued. The coin is named after its designer, Augustus Saint-Gaudens, who was in major player in U.S. sculpture. Also known as the $20 gold piece it is a reflection of old Greek art. While not as pricey as some of the other coins, it holds a distinction over other coins in its beautiful and sought after layout and design. Expect to pay between $550-$1000 for this classic piece.
Indian Head Eagle
This coin was originally rolled out in 1907. The Indian Head Eagle or $10 gold piece, is a gorgeous piece of work and has earned the right to be on every collectors list. In high mint grades this coin would run around $600 but in lower mint grades from 1908 to 1933 you can purchase one without any major defects for around $400.
Capped Bust Eagle
The Capped Bust series of eagles only lasted for about a decade yet it remains one of the more poplar finds among collectors. It is said that the entire montage for the series was only about 65,000. The Capped Bust series has a very appealing design with the right-facing bust of Liberty on the front and either a small eagle or heraldic eagle on the back. A collector can expect to pay anywhere from $2,800-$11,000 on this coin, depending on the grade.
Indian Head Gold Piece
Between 1854-1889 there was a series of $3 gold pieces issued. The mintage’s of these coins were very low, usually under 10,000 and in some cases under 1,000. This in turn (along with the interesting Princess design) makes these coins even more sought after. Tough these coins are not for the low budget buyer they are in fact still worthy of the price. Expect to pay anywhere from $4,000-$10,000. Considering the rarity of the coin it is a very good investment.
- Panama-Pacific Commemorative Quarter Eagle
This coin is one on the list that has a direct connection to what it commemorates, which in many collectors eyes makes finding this coin even more significant. The 5 coins were released for the Panama-Pacific Exposition which marked one of the most important events in U.S. history, the completion of the Panama Canal. Depending on the grade you can expect to pay between $3,000 to upwards of $15,000 — another reason you should buy gold coins before the price rises even more.
- Proof Gold Coinage
These $20 gold coins are not only beautiful but also rare. Only 35 coins were made with the date and this particular proof coin is considered the Rolls Royce of gold coins. For the high-end buyer, expect to pay between $9,000 and $35,000 for a chance to own one of these proofs.
- Augustus Humbert Eagle
Humbert was responsible for a series of gold coins and his $50 “slugs” seem to get the most attention. Collectors enjoy this coin as it has a significant story to tell, coming directly out of the gold rush in 1849. It tells a little about the rush as one of the most important pieces of American history when it comes to gold. Pricing was not available for this coin although a original $50 gold piece would be worth thousand upon thousands today.
- Liberty Head Eagle
Sometime designated as the Coronet Eagles, these coins were issued as part of American life for over 75 years. Though minted for a long period of time these cons are extremely valuable as the starting price for collectors is usually no less than $10,000. Although you may obtain a common date one for just a few hundred dollars if this is a route that interests you.
- Indian Head Half Eagle
These coins are unique to other collectible coins in the fact that their main design is “incuse”, or, recessed below the surface. Tis makes it more difficult for graders to grade them with constant consistency and accuracy. The Indian $5 gold piece is on the top of many collectors list and is considered one of more collectible coins of all time. While you may pay over $10,000 for a coin like this you may be able to find a steal for a few hundred because of the grading difficulty.
- Liberty Head Double Eagle
The Liberty Head $20 gold piece does not get the same attention as other pieces but nonetheless is still a very desirable coin. What makes it appealing is it contains a full ounce of gold and along with its size makes it an attractive piece to own. The 1857 S-type 1 is worth over $100,000 and even has a web page dedicated to its beauty. Don’t fret as a collector can find lower grades from $400-$600.