In 1986 the American Gold Eagle coins were released. They were originally available in four
different amounts which included: $5, $10, $25, and $50 amounts. It helps to know that these coins
are extremely rare, and not too many people are willing to sell them. I will discuss ways to obtain
them, and also some other important information about these rarities.
1 troy ounce of gold is what creates the $50 coin. In fact, it's a bit more than that, weighing
around 1.09 troy ounces. Troy ounces are the way that metals are weighed, and even though one ounce
is technically pretty light, that's still a large chunk of gold. Even the lesser money tenders have
pretty high quality weights. The $25 piece weighs around 17 grams! It is important to know what coin
you want to start collecting first, so you can make the proper arrangements in finding it.
After deciding what denomination you are looking for in your coin, you can go on the epic game of
finding one. Make sure to scour every resource. Ebay, phonebooks, Craig list, newspapers, and coin
dealers too. These are all important resources that will aide you in finding that coveted gold coin.
Be wary of who you are buying your coin from, some people can rip you off easily, and that is no
fun.
After accomplishing the hunting part, you can start thinking about how much you want to spend, and
arranging a budget. The more you have to spend, the greater your chances of getting the American
Gold Eagle coin that you choose. Many people are reluctant about selling theirs, because they are
quite precious to them.
Finally, the collecting part! Now that you have your first coin, you can start becoming a collector
of gold coins. Search high and low for them, and try to snag good deals when the gold market is low.
These coins will be at their cheapest value then, and allow you to collect even more! Some
collectors aim for one from every year, but that is not always possible. These coins are rare, and
there are very few in circulation and even sellers are reluctant to get rid of them.
Closing Comments
Collecting coins is a great hobby of many Americans. It gives us the chance to collect a rare piece
of American monetary history. All collectors and connoisseurs make mistakes, so don't fret if you
mess up at least once!
