Investing in Gold Coins

The Mint of the United States just started selling a 2009 Ultra High Relief Double Eagle Gold Coin. The Mint of the United States is currently selling this gold coin for a price of $ 1,089.00 for collectors, probably hoping it will create a boost in sales. The coin is intended to be a collectible item that is made from pure 24 karat gold, and weighs a standard ounce. Rather a heavy coin, the Mint of the United States pulled drew on an earlier abandoned coin to re-create a currency that was intended for release in 1907, but never actually got off the drawing board

The 2009 Ultra High Relief Double Eagle Gold Coin is already on sale in the United States Mint Online Catalog, and accept orders for the currency at a starting price of $ 1,089.00. They advertise that the coin will be ready for shipment in early February 2009, but they are already accepting payments from collectors who want to be at the forefront of owning a piece of history of the United States Mint. Money is obviously a bit ‘out of the price range of many people out there, but for the dedicated coin collectors in the population, this is certainly destined to become one of those must-have in the world of coin collecting.

As you can see in the photo above, die back of the coin depicts Liberty depicts a woman statuesque as she strides forward with force. On the flip side, the eagle is shown during a flight at dawn, in the words of the United States of America embroidered on it, and worth twenty dollars allocated to the surface of the coin. 2009 was added in Roman numerals, and the currency is clearly presented in bold (and gold) color that is destined to be on display. It Ships in a wooden box of mahogany with velvet lining, and the coin is placed in a small capsule for a display of exquisite detail.

This is definitely a high price premium for the world of coin collectors. This does not seem to be something that is affordable for the economy of the United States as it stands. and certainly will limit the number of these coins. It ‘definitely a bit interesting to say the least, however, and, of course, is destined to become a hot commodity for collectors when the mi nting run finishes.

Related Blogs

• Related Blogs on US Mint Issues 1907 Double Eagle Gold Piece Reproduction

Tags: 24 Karat Gold, Coin Collectors, Double Eagle, Drawing Board, Eagle Gold, Economy Of The United States

This entry was posted on Tuesday, September 29th, 2009 at 7:54 am and is filed under Buying Advice. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.