Obtaining gold coins is a rewarding and exciting experience that offers many different ways of assembling this beautiful and valuable metal.
The U.S. Gold Coin heritage is one of the most interesting chapters in America's proud numismatic history. The United States has been striking gold coins for over 200 years! Manufacturing coins fueled the commerce and trade that built America, giving us some of our most coveted numismatic treasures in the process.
Stackers of U.S. gold coins often strive to obtain one type of every gold coin issue, while the bolder numismatist might quest to secure one of every coin minted in a particular series. Popular U.S. coin series include American Gold Eagles (the most desired gold coin in the world), American Gold Buffalos (America's first .9999 fine gold coin), Modern Commemorative Gold Coins (honoring aspects of American history) and First Spouse Gold (featuring the First Ladies U.S. Presidents).
American gold coins are frequently assembled based on grade, with the highest grade awarded to perfect condition coins as assessed by independent grading services such as Professional Coin Grading Service (PCGS) or Numismatic Guaranty Corporation (NGC).
Whatever your gold numismatic preferences, MCM offers low pricing, a large selection of gold coins and free shipping within the United States.
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The First American Gold Coins
The first gold coins to circulate in the British colonies, and later in America, were not coins struck in the United States. The first coins in circulation were Spanish gold coins struck in New World Mints from Mexico City, which arrived in the U.S. as the result of trade. Before American fought for its independence, the British starved the colonies of coinage in order to force Americans to barter raw materials for finished British manufactured goods As a result, merchants in the colonies became accustomed to using the Spanish Gold Escudo in its several denominations. When the Continental Congress composed standards for continental coinage, they followed the proposal, supported by Thomas Jefferson, to base the coinage standards on Spanish coins. Ultimately, this system gave the United States all of its circulating gold coin denominations. Many U.S. gold coin enthusiasts assemble these old Spanish gold coins, as they were legal tender in the United States until 1857. Gold coins struck during the time of the American Revolution are particularly favored, as it is possible they could have been carried in the pockets of America's Founding Fathers.
Gold American Eagle Coins
First struck in 1986, the American Gold Eagle quickly became the most desired gold coin in the world, a status it maintains to this day. Struck in standard gold weights and sizes with legal tender status, American Gold Eagles are accumulated as a store of value and a convenient means of owning gold in addition to their numismatic value.
Gold Buffalo Coins
The American Gold Buffalo is the first U.S. gold coin to be struck in .9999 (24 karat) fine gold. It was first struck in 2006, and continues to be minted to this day. As a virtual reproduction of James Earle Fraser's classic 1913 Buffalo nickel, they are coveted by gold owners and stackers alike.
Modern Commemorative Gold
Modern Gold Commemoratives began with the 1984 Los Angeles Olympic Games. They honor historic anniversaries and significant current events.
Pre-1933 Gold Coins
Pre-1933 Classic Gold Coins were minted for commercial purposes. The small denominations of up to $5 were used in day-to-day trade. The larger denominations, the $10 Gold Eagle and $20 Gold Double Eagle, were used in larger transactions. All are highly desired today.
ModernCoinMart® / MCM® is a retail distributor of coin and currency issues and is not affiliated with the U.S. government. The collectible coin market is unregulated, highly speculative and involves risk. ModernCoinMart reserves the right to decline to consummate any sale, within its discretion, including due to pricing errors. Prices, facts, figures and populations deemed accurate as of the date of publication but may change significantly over time.