Low Premiums on U.S. Liberty Head 5 Dollar Gold Coins
Money Metals Exchange has long warned precious metals investors to steer clear of collectible coins and the enormous premiums their peddlers charge. The fact is that many historic real gold coins are not “collectible” – at least not in the sense that justifies paying prices way over their melt value.
But when the 5 dollar golden eagle coins are selling at prices which reflect their actual gold content, as is the case today, it’s certainly a good time to buy them.
These 90% gold coins are historic, constitutional money that once circulated in America. One might consider these coins as the gold equivalent to “junk” silver, aka pre-1965 90% coin values, that are basically worth the melt value, silver dollars, quarters, or dimes. You can find junk silver coins for sale at Money Metals.
These coins may be in polished or cleaned condition and are NOT slabbed or graded. Some coins may have extensive wear. However, these coin values are based on the fact that they are gold.
ABOUT THE DESIGN
Lady Liberty Head (obverse) – The 5 dollar gold coin features a beautiful design created by Mint Chief Engraver James B. Longacre. It shows a left facing Lady Liberty Head wearing a coronet. The word “Liberty” can be seen inscribed along the cornet. After Longacre’s passing, he was succeeded by Christian Gobrecht.
American Eagle (reverse) – The reverse depicts an American Eagle behind a shield as it holds an olive branch in its right talon and and arrows in its left.
Please note that Money Metals would absolutely not be offering these types of historic U.S. mint gold coins if it were not for the attractive bullion-like premiums. Right now, these antique coins are super cheap, and whatever premiums that existed in the past have essentially evaporated. While you’er at it, you can also look into collectible silver coins for sale.
Sadly, even though the true market prices on polished/non-slabbed $2.50, $5, $10, and $20 U.S. gold coin values are near melt, shady “rare coin” dealers are still trying to sell them at jacked-up prices – 100% or more over their melt value. What a disgrace!