Beginning Collecting? Try the Gold Maple Leaf
Filed under: Canadian Gold Coins, Gold Coins, Gold Maple Leaf
Those who are interested in collecting are often bewildered at the wide variety of coins that are available. Mints from many different countries offer collectable coins and other novelties. The problem for a beginning collector is finding a unique coin that starts the collection but is also guaranteed to increase in value. For starting a coin collection, we recommend beginning with the relatively cheap 1/25oz Canadian Gold Maple Leaf coin. Why? Because it’s cheap, looks amazing, and also has a decent amount of intrinsic value.
For someone starting a coin collection, it’s important to choose something that represents a solid value. The Gold Maple Leaf retails from the Canadian Mint at $99.95 Canadian and has 1/25oz of gold. Since gold is hovering around the $1000 mark, this means that the gold market value of the coin is currently around the $50 US mark (or about $60 CDN). Considering the fact that gold has more than doubled over the past 10 years, it’s certainly not implausible that the sheer value of this gold coin will be more than $100 in the next decade. Add on the fact that Canadian Mint coins are of excellent quality, only 15,000 are minted every year, and that they are regarded as some of the best coins in the world, and it’s easy to see why you will likely be able to sell the gold Maple Leaf at a profit in the future.
It’s very easy to see why this coin makes an excellent starter to any collection. From there, we recommend expanding by adding some of the more expensive gold coins. For those wishing to continue with the Canadian theme, we might suggest the new limited edition Vancouver 2010 coins. These beautifully colored gold coins are $499.95 and represent a one-time occasion, thus all but ensuring its continued value appreciation for decades to come.
Buy this exquisite gold maple Leaf at GovMint.com for Gold under $150! Click here!
The Quarter Eagle, A Unique $2.50 Gold Piece—Truly A Treasured Find!
The $2.50 gold piece, or more commonly called the Quarter Eagle, was given the name Quarter Eagle by an act of Congress in 1792. It is a common misconception that the term “eagle” was just slang, but thanks to the Coinage Act, it formally secured that name in the annals of history. The Quarter Eagle was designed initially by Robert Scot. It was a denominational variation of the ten gold eagles. It was minted in very limited quantities, during the 1800’s and early 1900’s.
Prior to 1933, it was common practice of the government to mint coins with gold, due to the fact that it was the common standard on which monetary value was based. When they were initially started in production, the gold content varied until the fineness of it was set at .900 by an act of Congress in 1837. It was in the 20’s and 30’s that numismatics truly realized the collectible value of these coins, especially the gold proofs that were made. Some of the proofs were only minted in quantities of about twenty, but never exceeded one hundred in total.
The most commonly known, rare $2.50 gold piece is the 1878 Liberty Gold Eagle. The obverse of this coin contains a bust of Lady Liberty, her face pointing to the left, wearing a coronet emblazoned with the word “Liberty”. The reverse is adorned by an American bald eagle, grasping an olive branch and arrows in its talons. This particular coin was probably melted down after it went unsold, due to the purity level of the gold used in the proof. Today only a few of these particularly rare $2.50 quarter eagles exist in collections around the world. There is one that is impounded in the Smithsonian. In today’s terms, the true value of this coin would be over thirty dollars. In recent years, one of these coins sold at auction for $32,570.00.
For any serious collector, having the opportunity to add one of these rare $2.50 gold pieces to their collection, is a driving force behind the high selling prices of them at auction. For someone to find a rare $2.50 quarter eagle, that was struck prior to 1834, it is extremely unusual and truly a treasured find. Proofs of these coins, that were struck prior to 1856, are unequivocally rare coins to find and to be coveted in whatever condition they are found. When the U.S. went off the gold standard in 1933, it made finding one of the Quarter Eagles even more difficult. There are several variations of these uncommon $2.50 gold pieces; some of which are the Capped Head, the Liberty Head and the Indian Head quarter. Each of these variations has a different face, but the flip side of it also has the iconic symbol of our nation, the majestic bald eagle. That rare collector, who has the fortune to possess even one of these rare and incredible coins in their collection, has the ability to not only brag about having such a unique coin, but also be able to hold a piece of our nation’s financial history. You can find some of these rare quarter eagles at GovMint.com! Click here!
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