Spare Change Ep12: American Gold Eagle (Gold coins)

by on 2012/01/27

In this episode of Spare Change we look at the American Gold Eagle bullion and the collector American Eagle gold coins (proofs and burnished uncirculated). We discuss how the Gold American Eagle coin came into being and what to collect as a coin collector and what to invest in if you are just look for gold bullion. Please checkout the shows sponsors. If it were not for the these guys the the show would not be possible: American Precious Metal Exchange APMEX www.apmex.com Southern Coin & Collectibles 205- 822-4900 http Also a big thank you to Carol M Highsmith for allowing spare change to use several of her historical photographs of Ronald Reagan. Go over and check out what she has to offer: www.carolhighsmithamerica.com


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{ 25 comments… read them below or add one }

ParanoidGallows January 27, 2012 at 8:26 PM

The Ronald Reagan impersonation sounds more like Mr. Burns from The Simpsons.

applesweeter January 27, 2012 at 8:39 PM

is the coin 99.99% gold in composition?

Altaranalt January 27, 2012 at 9:23 PM

Even his hat is golden!

MrBanker2222 January 27, 2012 at 10:00 PM

I know a website that offers a secret code that produces 90% success ratio on gold trading. Go check them out, just google Gold Trading Academy and make as much money as you want.

scrimpn83 January 27, 2012 at 10:08 PM

YOU BUY GOLD COINS AT ALL ?

jethros97 January 27, 2012 at 10:37 PM

commercials suck!!!

DocWog January 27, 2012 at 10:57 PM

Demand and supply is an economic model of price determination in a market.
Silver and gold is a good long-term investment for those who can afford it, BUT it seems to me that continuous growth of the gold price is clearly due to artificial market manipulation intentionally created by rich and powerful. By escalating people’s interest and their further desires, it is obvious why price is continue sky rocketing.

werebiz January 27, 2012 at 11:45 PM

Why haven’t you moved?

NorCaLove1 January 27, 2012 at 11:53 PM

Some junk..! comment!!! check out my channel and watch silver!

Yes, let’s get physical

BDBK666 January 27, 2012 at 11:58 PM

@DackIsBack The fact is they contain 31.103 grams (1 troy oz) of pure gold, and weigh 33.930 grams. The American gold buffalo coin is .9999 and weighs 31.103 grams. I guess I don’t understand what you mean… do you think the gold eagles don’t actually contain the gold they say? Sounds like something China would do, not the US. I don’t know though these days.

DackIsBack January 28, 2012 at 12:44 AM

@MONOPOLY35 YOU might think nothing of it, But it is debasement of currency none the less.

DackIsBack January 28, 2012 at 12:55 AM

@MONOPOLY35 Most gold bullion is 99% + Pure Gold…

These coins arn’t made for circulation, There’s no reason to pollute the gold other than to rip people off.

It’s just a ‘clever’ way to clip coins.

Look up coin clipping and why it’s done.

MONOPOLY35 January 28, 2012 at 12:55 AM

A $50 American Gold Eagle weighs 1.0909 oz; Therefore, 91% gold is equivalent to 1 oz. The other 9% comes from harder metals because gold is a soft metal. American Gold Eagles are NOT a ripoff!

akush55 January 28, 2012 at 12:56 AM

Is this the Fifth or Six Gold Rush Serial 2000 AD buy low , sell highest

sweettooth80 January 28, 2012 at 1:19 AM

want gold

DackIsBack January 28, 2012 at 1:59 AM

91% Gold….. Fucking Crooks!!!

carrmcg January 28, 2012 at 2:28 AM

how much r those coins worth?

onceRoquin January 28, 2012 at 3:23 AM

i was shocked its a 22k, i thought it was .9999 like the maple leaf.

theSharpGun January 28, 2012 at 3:42 AM

I’m a big fan of your Spare Change series. That is how I started learning the history of the coins.

ladyspyru January 28, 2012 at 4:32 AM

ahhhh!!

GU14Weather January 28, 2012 at 4:47 AM

*LIKE*

theSharpGun January 28, 2012 at 5:30 AM

Please continue making these vids!!!
They are a wealth of knowledge and entertaining to watch!!!
If possible please consider making a video on Walking Liberty Half Dollars. They are personally my favorite due to their artistic beauty.

herakles120 January 28, 2012 at 5:52 AM

The obverse design magnificent. The reverse design simply atrocious. The design is too cluttered which Augustus Saint Gaudens consciously avoided the first time he conceived the design for the gold $20 piece. The gold bullion design only cheapens the striding lady liberty design and a mismatch for the glorious obverse design. I would simply call this modern coins a mule, devoid of artistic value.

buzzclick500 January 28, 2012 at 6:08 AM

@markapsolon : That brings up an interesting point–two interesting points, actually: 1. The Constitution, not to dramatize, but to simplify, is a document which confines our government, not US. It’s a standing restraining order against, and job description for THEM. 2. President Reagan was actually making a gesture to the American people. You notice that his administration began to crumble from within shortly after he did this–the second president to dare to touch the “money box”.

markapsolon January 28, 2012 at 6:39 AM

@hoho69 “Bullion purpose” means that you are just wanting to have the physical gold and have no need for any numismatic (collectible) value.

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