Dec
14

US Gold Eagle Coin

The US Gold Eagle coin was first minted in 1986. It is an official gold coin of the United States authorized under the Gold Bullion Act of 1985. This coin was available in many denominations. The US Gold Eagle coin is unusual in that it is the only gold bullion coin guaranteed as to weight and gold content. The gold in the coin must come from American sources. This is a great coin to include in any collection, and is an absolute necessity in a collection of gold coins.

The US Gold Eagle is available in four different denominations: 1/10 ounce, ¼ ounce, ½ ounce and 1 ounce of pure gold. The coin is guaranteed to contain the amount stated. The US Gold Eagle is treated with a metal alloy of copper and silver which creates a wear-resistant shell that protects the coin. The Gold Eagle is minted from 22

US Gold Eagle Coin

Dec
01

Egyptian Couple Found U.S. Gold Coin Worth $15 Million In Closet

Rare U.S. double eagle gold coin that could be worth up to $15 million has been found by an Egyptian couple as they cleaned out their flat, the Qatar Ar-Raya newspaper said on Monday.

The precious piece of gold was discovered in an old box that had once belonged to Mohamed Ismail’s grandfather while he and his wife, Fatima, were throwing old clothes and broken furniture out of a closet.

Mohamed subsequently sent the coin to experts, hoping that he would get a few dollars for it. However, the tailor was shocked when the experts told him that his grandfather had left him a unique coin of historical value.

Double eagle coins were first minted in 1850 and were used to settle accounts between banks and other financial institutions.

Specialists believe that the double eagle found in Egypt could be part of Theodore Roosevelt’s 1933 collection of coins redesigned by famed American sculptor Augustus Saint-Gaudens and given to King Farouk of Egypt as a present.

Is it a gimmick or a real find? We’ll have to see if this rare double eagle gold coin will surface soon for sale.

This breaking story was found on Novosti news agency site at http://en.rian.ru/world/20080204/98331846.html.

Egyptian Couple Found U.S. Gold Coin Worth $15 Million In Closet

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