For many centuries, Gold has been the King of how people store their wealth. With a spot price per ounce that is in the 1000s, there is no end in sight for how high the price of gold can go. This is why many investors put their faith and dollars into the shiny yellow metal. Just like many things that are bought and sold, there is the possibility that counterfeits could be sold to the general public.
Throughout the history of the United States, there have been many splendid gold coins that have been minted and circulated until gold coins were discontinued in 1933. In 1986, the United States decided to once again start minting Gold coins. They started with perhaps the most popular modern gold coin: the American Gold Eagle. The American Gold Eagle comes in denominations of $5, $10, $25, $50. The obverse has a glorious Augustus Saint-Gaudens rendition of lady liberty clutching an olive branch in her left hand and a torch in her right, with the capitol building in the left background.
Are you new to the world of numismatics? According to the Merriam-Webster Dictionary, numismatics is “the study or act of collecting of coins, paper money, and medals.” If you are new to the numismatic community, you may be wondering what the difference is between numismatic coins and bullion coins. Numismatic coins are rare and collectible. Bullion coins are valued for their melt value in silver, gold, and other precious metals.