Coin collectors all over the world are always in search of the next great thing to add to their collection. These coins can be made out of virtually anything. Of course, one of the oldest metals to be used to make coins out of is the gold coin. It is no wonder gold coins are still highly collectible by those into collecting coins and numismatics as well as those in the rest of the world. It is interesting to look at the top three most valuable gold coins in the world a little closer.
While it is easy to see in many regards how certain gold coins have been able to populate the list as the most valuable, it is interesting to see why they are really there. The usual suspects of rarity and beauty make up the majority of the reasons for these coins being valued. It is interesting to see the coins which are valuable because of scandal and other factors. Taking a closer look at the top three most valuable on the list will allow you to have more appreciation for the coins and will likely make you want to seek out buying one when you can afford it.
The Saint-Gaudens Double Eagle
Augustus Saint-Gaudens is a sculptor who was commissioned by Theodore Roosevelt to create a more beautiful national currency. The Double Eagle he created is considered by many in the coin collecting to be one of the most beautiful coins created. Scandal surrounds the coin as well when in 1933, Franklin D. Roosevelt signed an executive order to take America off of the gold standard. McCann, a worker at the mint, decided that he needed to have about 20 of the coins and made a switch. This has helped to make the 1933 Double Eagle the most elusive coin.
The 1907 Indian Head Eagle is another one of the creations of Saint-Gaudens. While it is not nearly as collectible, it is still considered to be a beautiful coin. The 1907 gold coins are valued at a far greater level because of the difference in the relief of the coin. One thing is for sure: you will not be able to get this at the $10 level that it was originally intended to be circulated at.
1862 Liberty Head Double Eagle
Before the Saint-Gaudens Double Eagle, there were still double eagles in circulation. In fact, the 1862 Liberty Head Double Eagle is prized. Even more so, the proof of the coin is highly prized. This is because when minted, there were only 35 of the proof minted. Today, there are far fewer of these proofs around and even fewer can carry a designation higher than PR60. Those which can are worth thousands of dollars by collectors. These gold coins are all expected to go up in value as they become rarer and more is discovered about the coins which will help to build allure.
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Originally posted 2010-08-27 03:25:31. Republished by Blog Post Promoter
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