American Eagle gold coin?
Question by : American Eagle gold coin?
I was looking for an American Eagle gold coin from 1956 for a gift. I'm finding out that the US didn't mint any gold coins during that era. Is this true?
Can someone suggest an alternative coin from 1956? I prefer it to be an American coin but I will consider all alternatives I really want a gold coin but a silver dollar may also work & be a lot less expensive.
It needs to be at least the size of a silver dollar so that it can be seen if displayed on a desk or credenza.
Grade doesn't matter as it's a gift not really for an investment.
A web site where I can purchase such a coin would be appreciated.
Thank You
John
Best answer:
Answer by redlemon65
No gold coin minted in 1956 and no silver dollar minted in 1956 by the US Treasury.
Give your answer to this question below!
Beautiful Very Dark Rainbow Toned 1995 American Silver Eagle - MS
 | US $99.00 End Date: Monday May-21-2012 8:37:34 PDT Buy It Now for only: US $99.00 Buy it now | Add to watch list |
What is the typical Bid/Ask price for gold and silver bullion coins?
Question by Ron P: What is the typical Bid/Ask price for gold and silver bullion coins?
I called a dealer and he said that I pay $ 60 over spot to purchase the gold, and that he will buy back gold for $ 30 over spot. Does that sound like standard practice? And silver is $ 2.50 over spot to buy and $ 0.50 to buy back. Todays prices were $ 931.oz Gold and $ 14.oz Silver and these were American Eagles.
Best answer:
Answer by Kevin H
A premium over spot price is standard practice in the Bullion Market. The amounts you describe are alittle high for gold but good for silver.
Premiums depend on several factors:
Supply & Demand
Amount of bullion purchased
Brand of Mint (Silver & Gold American eagle's versus a no-name Mint)
Current Market Conditions(Hot/Cold)
New bullion or Circulated
You can get like 90% silver coins for as low as $ 0.50 over spot.
Gold American Eagles around $ 45.00 over spot. Silver Eagle's $ 2-$ 3 over spot.
What do you think? Answer below!
Beautiful Very Dark Rainbow Toned 1995 American Silver Eagle - MS
| US $99.00 End Date: Monday May-21-2012 8:37:34 PDT Buy It Now for only: US $99.00 Buy it now | Add to watch list |
What gold and silver stocks would you recommend at this time?
Question by : What gold and silver stocks would you recommend at this time?
I would like to invest $ 20,000 in them. What stocks would you recommend at this time? I
also would like to buy some physical gold and some physical silver. In physical silver, which
is a better investment Pre (1964 90% silver coins) or( American Silver Eagles .999% pure silver).
Pre 1964 coins do have numismatic value in them but less silver content. Finally, what percent would you invest $ 13,000 in gold vs. silver stocks. THANK YOU/ THANK YOU for taking time to read and answer my questions. Wishing you a Merry Christmas and a Happy New Year.
Best answer:
Answer by S
GLD ETF for gold and SLV ETF for silver. Both track the move of their corresponding metal. Would avoid numismatic coins for they have a too wide spread on them. You can buy the Gold ETF GLD through your stock broker that is selling for 1/10 of the price of gold per share or around $ 135-138 per share and also the SLV ETF through your broker.
You can buy non-numismatics type gold coins such as American Eagles, Canadian Maple Leafs, South African Krugerrands, China Panda, etc. through a reputable coin dealer. You can check the current spot price via http://www.kitco.com/charts/livegold.htm… and then call the dealer for a quote on the coin to see if their spread is wide or narrow.
If buying silver non-numismatics coins from a coin dealer, check http://www.kitco.com/charts/livesilver.h… for the current spot silver prices before just calling the dealer for a quote on that 1 oz. silver coin. Silver coins can be American silver eagles, Silver Chinese Pandas, Canadian Maple Leafs, Australian Kookaburras, Koalas, and Lunars.
The percentage allocation is your personal preference. You may want to buy them over time as prices for both are at their highs and you do not want to buy all at the peak.
Know better? Leave your own answer in the comments!
Beautiful Very Dark Rainbow Toned 1995 American Silver Eagle - MS
| US $99.00 End Date: Monday May-21-2012 8:37:34 PDT Buy It Now for only: US $99.00 Buy it now | Add to watch list |
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