Nearly an eighth of an ounce of gold also underscores the high minimum value. The real value of the coin is based on its gold content and will fluctuate with the market price of gold in the commodity markets. I've been buying & coins from MMX for a while now, it never let me down, so I keep coming back. However, to learn more about American Gold Eagle and other rare coins, please refer to our rare coin price guide, in which we will send you a complete guide to learn more about coin investing and the industry more in-depth.
Mint offered for the first time official “bullion” coins, minted in highly pure and accurately measured increments of gold (also silver and, more recently, platinum). As gold prices rise so much, this information is valuable to investors and coin collectors who own gold coins or who plan to buy and sell them. Coins minted from 1986 to 1991 are dated with Roman numerals, while all coins since then are dated with standard Arabic numerals. Most gold coins contain less than an ounce of gold, but most gold coins have a significant premium in value over their bullion price due to collector interest or scarcity.
Several gold coins are worth many times more than the price of the bullion, simply because of how rare the coin is. Remember, the prices of gold bars quoted here are simply because of the value of the metal in gold coins, per ounce. For this reason, these coins often have a slight premium, perhaps 1 to 2%, to comparable gold coins from other parts of the world. The current spot price of precious metal gold is automatically entered into the calculator, but you can also change it at different prices.
S during the second half of the 19th century and in the first decades of the 20th century have values that have long fluctuated with prevailing gold prices. Finding the full price of a 1 ounce American Gold Eagle coin requires taking the “spot price” and adding a “premium” to it. On the other hand, highly qualified pieces are more expensive, since they have numismatic and gold values. The 3-month real-time chart incorporates the latest price per ounce for the current trading day, while the 6-month candlestick, 1-year close, 5-year close, and 10-year close charts show the last gold bar price from the previous trading day.