The Gold Eagle is one of the most commonly collected types of coins among bullion collectors and gold investors across the world. They’re a great option for those looking to own a piece of gold because they are affordable to a variety of budgets and easy to sell. Whether collecting or investing, one thing that’s important to understand about a Gold Eagle is how it’s valued. Hawaiian Islands Stamp & Coin is the go-to source in Honolulu, HI, for reliable gold and silver coin appraisals. The bullion specialists help customers figure out the actual resale values of their various coins by explaining the combination of characteristics that are examined when determining worth.

To begin with, the price of gold is constantly fluctuating, which will have an impact on Gold Eagle coin values. Typically, the coin’s weight in ounces is multiplied by the current spot price to get the value. However, this is usually just the starting point, as there are several other factors that are taken into consideration as well when distinguishing a Gold Eagle’s true worth. An appraiser will also look at the coin’s historic value, condition, mint year, and rarity. 

Collecting and investing in gold coins can turn out to be very profitable once you understand how they are valued. Whether you’re interested in buying, selling, or simply appraising a Gold Eagle, it’s crucial that you find a trusted professional like Hawaiian Islands Stamp & Coin to help answer all your questions. Contact them at (808) 531-6251, or visit them online to learn more.