Gold Coin - Collector Coins

Collector Coins

Further information: Coin collecting

Many factors determine the value of a gold coin, such as its rarity, age, condition and the number originally minted. Gold coins coveted by collectors include the Aureus, Solidus and Spur Ryal.

In July 2002, a very rare $20 1933 Double Eagle gold coin sold for a record $7,590,020 at Sotheby's, making it by far the most valuable coin ever sold to date. In early 1933, more than 445,000 Double Eagle coins were struck by the U.S. Mint, but most of these were surrendered and melted down following Executive Order 6102. Only a few coins survived.

In 2007 the Royal Canadian Mint produced a 100 kilograms (220 lb) gold coin with a face value of $1,000,000, though the gold content was worth over $2 million at the time. It measures 50 centimetres (20 in) in diameter and is 3 centimetres (1.2 in) thick. It was intended as a one-off to promote a new line of Canadian Gold Maple Leaf coins, but after several interested buyers came forward the mint announced it would manufacture them as ordered and sell them for between $2.5 million and $3 million. As of May 3, 2007, there were five orders.
Austria had previously produced a 37 centimetres (15 in) diameter 31 kg Philharmonic gold coin with a face value of €100,000.

On October 4, 2007, David Albanese (president of Albanese Rare Coins) stated that a $10, 1804-dated eagle coin (made for President Andrew Jackson as a diplomatic gift) was sold to an anonymous private collector for $5 million.

In 2012 the Royal Canadian Mint produced the world first gold coin with a 0.11-0.14ct diamond. The Queen’s Diamond Jubilee coin has been crafted in 99.999% pure gold with a face value of 300$.

  • Gold Guilder

  • Portuguese Gold Coin, sixteenth century.

  • Double Eagle

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Famous quotes containing the words collector and/or coins:

    “Though collecting quotations could be considered as merely an ironic mimetism—victimless collecting, as it were ... in a world that is well on its way to becoming one vast quarry, the collector becomes someone engaged in a pious work of salvage. The course of modern history having already sapped the traditions and shattered the living wholes in which precious objects once found their place, the collector may now in good conscience go about excavating the choicer, more emblematic fragments.”
    —Susan Sontag (b. 1933)

    “No Time, spoke the clocks, no God, rang the bells,
    I drew the white sheet over the islands
    And the coins on my eyelids sang like shells.”
    —Dylan Thomas (1914–1953)