Certified Gold Double Eagles Posted by James Randolph on December 30, 2009
Certified gold double eagles are an excellent investment in times of high inflation and economic uncertainty. It is ironic that the economic challenge of the Great Depression led to the increased value of gold double eagles during today’s trying economic times. The confiscation of privately held gold in the United States in 1933 greatly diminished the number of gold coins, instantly creating rare gold coins out of common ones.
Investment in certified gold double eagles is an investment in gold bullion, the rarity of a coin and the state of its preservation. Certification of gold double eagles is crucial to investment value. While it is important to know the precise gold content of a double eagle it is more important that a professional grades the coin to its exact state of preservation.
The coin grading system was developed by Dr. William Shelby and goes from 0 (where one assumes the object once was a coin) to 70 which is a perfect coin. A coin graded at 60 is uncirculated, which looks perfect to the non professional without a magnifying glass. A coin graded at 65 out of a possible 70 may be many thousands of dollars more valuable than one graded at 60 out of 70.
Certified gold double eagles have a standardized value that exceeds and often outpaces the price of gold bullion. For investment grade certified gold double eagles, it is important to seek the advice of trusted experts in the field, such as Certified Gold Exchange for the exact value of investments in certified gold during these trying economic times.
Senior Staff Writer – Certified Gold Exchange