Popular Types of Gold Coins

Various types of gold coins are popular among investors because they can be easily exchanged for cash. Further, their value increases with the passage of time. Gold coins are preferred by investors due to their low weight, high density and high value. Further, the national wealth of most of the nation is determined by the amount of gold it has.

Various Types of Gold Coins
Here are some types of gold coins preferred by investors and collectors alike:

Saint-Gaudens Double Eagle

This is one of the most popular types of gold coins, and is held in high esteem by investors. The coin derives its name from the name of its designer, Augustus Saint-Gaudens. He was a famous US sculptor. Also, these coins are popularly known as the $20 gold piece. The images on the coin reflect old Greek art. The price of these coins is less than many other gold coins.

The US Saint-Gaudens Double eagle coins were issued from 1907 till 1932. Although 445,500 such coins were minted in 1933, none of them were circulated due modifications in the currency laws during the period of the Great Depression.

Indian Head Eagle

The Indian head eagle coin was issued for the first time in 1907. These gorgeous pieces are known as the $10 gold piece. They are available for a range of prices, depending on their mint grades.

In the auction to be held on August 11, 2010, which is a part of the American Numismatic Association’s World’s Fair of Money in Boston, MA, the only known Plain Edge 1907 Indian head eagle coin with Wire Rim, will be auctioned. The coin, designed by Augustus Saint-Gaudens, is a part of the only coinage designed by him that Saint-Gaudens ever saw. The coin is expected to fetch a staggering amount because of its historical importance.

Capped Bust Eagle

The Capped bust eagle coins are among the most popular gold coins purchased by collectors. These coins lasted nearly for a decade. It is believed that original series had nearly 65,000 coins. On the front, the coin bears an image of the right-facing bust of Lady Liberty. On the reverse side, it bears an image of either a small eagle or a heraldic eagle. The price of a capped bust eagle coin depends on its grade.

You might be able to purchase a capped bust eagle gold coin for a price of nearly $13,099 on the online shopping website, eBay.