
| SPOT $ | CHG $ | CHG % | |
|---|---|---|---|
| GOLD | $1246.90 | $0.00 | 0.00% |
| SILVER | $19.840 | $0.000 | 0.000% |
| PLATINUM | $1553.50 | $0.00 | 0.00% |
| PALLADIUM | $529.50 | $0.00 | 0.00% |
| CHARTS | WEEK | 30 DAY | 1 YR | 5 YR | 10 YR |
Sunday, Sept. 05, 2010
Jobs Data Could Push Gold To New Highs
September 3, 2010, Los Angeles – The price of Gold closed higher at $1,251 on Thursday as investors, expecting a dismal report, bought Gold ahead of Friday's jobs numbers. The price of Silver rose by almost 1.5 percent to $19.64 ...
LEARN MORE
Physical Gold
Perhaps the easier way to acquire gold--and certainly the easiest for most buyers to understand--is to purchase and take possession of physical gold. Physical gold comes in many forms, from jewelry to bars and ingots. For the reasons outlined above (privacy, diversification, liquidity), gold bullion in coin form is the most attractive and effective way to own physical gold.
Gold coins come in many forms, ranging from United States pieces from the modern era to classic foreign coinage struck during centuries past. At Morgan Gold we have identified three basic groups of gold coins that should be of primary interest to the gold investor:
Pre-1933 Classic United States Gold Coins
The pre-1933 gold coinage of the United States was struck in our nation's Mint to serve as a circulating medium of exchange. Popular for both their history and their precious metal content, all pre-1933 U.S. gold issues are much scarcer than the number of coins originally struck might suggest. Throughout the 19th and early 20th centuries, many classic United States gold coins were melted by the federal government, foreign governments and speculators, usually due to rising gold prices or economic hardships. Two of the more eagerly sought types are:
Liberty Double Eagles: Double Eagles, or Twenty-Dollar gold pieces, are large-size coins containing nearly one ounce of gold. The Liberty type designed by James Barton Longacre was first struck in 1850 at the onset of the California Gold Rush and continued in production through 1907. Many later-date issues from the 1880s, 1890s and early 1900s are closely linked in value to the prevailing spot price of gold, and are popular acquisitions by those with an interest in holding gold in coin form.
Saint-Gaudens Double Eagles: The successor to the Liberty Double Eagle is the Saint-Gaudens Double Eagle struck from 1907-1933. Widely regarded as the most beautiful coin ever struck in the United States Mint, the "Saint" is immensely popular with both collectors and investors. Many examples are common enough to trade as bullion-related coins, although the series also includes many noteworthy rarities that are well established in the numismatic market.
Bullion Coins
Since 1986, the United States Mint has struck gold bullion coins expressly for collectors and investors with an interest in holding precious metal. Two major types are available, both of which Morgan Gold recommends as fungible gold bullion coins:
American Eagle Gold Bullion Coins: Utilizing the classic obverse design of the Saint-Gaudens Double Eagle, the Gold Eagle debuted in 1986 and remains in production as of 2010. Examples are issued yearly in Tenth-Ounce, Quarter-Ounce, Half-Ounce and One-Ounce sizes.
American Buffalo .9999 Fine Gold Bullion Coins: Containing a higher fineness rating than the Gold Eagle, the Gold Buffalo introduced in 2006 also enjoys strong demand among collectors and investors. Most examples are issued in One-Ounce format.
We carry all major bullion coins and bars from all Sovereign banks and mints
Classic European Gold Coins
Much like the U.S. Mint, many foreign governments have produced classic gold coins for circulation. Some of the historic and popular types include:
Call today and compare our prices: 800-585-1773