Can You Still Buy Gold Eagles In Seymour TX?

by | Jul 23, 2014 | Business

You can still Buy Gold Eagles In Seymour TX but, before you do so you have to be clear in your mind exactly what you wish to purchase. Similarly, you can also find places that will Buy Gold Eagles In Seymour TX from you, just as long as you have the kind that they are interested in.

The American Eagle

The eagle is an important symbol for our country and it is depicted in many ways. There are model eagles for display purposes and some of these would have been crafted out of gold. You might find one of these gold eagles in a pawnshop, an antique shop or even a home décor shop.

Then, there are the gold eagle coins that from 1792 until 1933 formed the basis of American legal currency. They all carried a picture of an American eagle on one side – hence their name. They were minted from an alloy of gold at a percentage and weight pegged to the value of gold at the time of minting. The gold eagle coin had a face value of $10. There were also double eagles and half eagles as well as quarter eagles with corresponding values of $20, $5 & $2.50.

There was a constant problem that the price of the gold itself tended to outstrip the face value of the gold eagle coins and many were unofficially melted down for the gold they contained. The Government abolished this eagle gold standard in 1933 and all gold eagles were recalled for the Government to melt them down. In this way, many coins were removed from the public. However, some eagles were illegally kept back from the recall. Some were even stolen from the mint, while others were legally allowed to remain in their owners’ collections of significant or historical coinage.

By whatever means, all gold eagles became a rare commodity much sought after by coin collectors. Any coin dealer would be happy to Buy Gold Eagles In Seymour TX from you if they are of this type. Should you be looking to Buy Gold Eagles In Seymour TX from a dealer, be prepared to pay a high price if he has the one that interests you.

In recent times, Government has issued some replica gold eagles as special commemorative coins (not intended as legal tender). These have the gold value but are not really old or rare enough to have high collector value.

Additionally, the US Mint does sell investment American Eagle Bullion coins in gold, silver or platinum. You can Buy Gold Eagles In Seymour TX of the bullion type but they are readily available direct from the US Mint.

If you are thinking coins when looking to Buy Gold Eagles In Seymour TX, then, expert numismatist and bullion dealer Gene Wheeler is the man you should see. Check his website.com.

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