2011 Uncirculated American Gold Eagle

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An uncirculated American Gold Eagle collector’s coin is now on sale for collectors. The coin has been on hiatus for three years and is now finally available again for purchase at a price of $1,778.00 per coin. The coin is plated in 22 karot gold, and features Augustus Saint-Gaudens figure of liberty with the American Gold Eagle on the back side.

The price of the coin is valued at $1,778.00, but is subject to change because of the ever changing price of gold. In the few recent months, gold has seen a steady increase; even reaching new record highs in value. With the continuing increase of gold, the 2011 Uncirculated American Gold Eagle coin may in fact see a rise in prices. The current price is expected to remain the same for at least a week after the release of the coin.

Christmas Cash for Gold?

The Salvation Army is hoping for extra generosity on part of its donors this year.

In the past, the Salvation Army has received valuable gold coins in its kettles as donations from generous citizens. With this year’s economy, it is questionable whether this generosity will continue. “It sparks attention and piques interest: ‘When are the gold coins going to show up?”, says a spokesman for the Salvation Army.

In the past, donors have dropped gold coins including American Buffalo, American Eagle and South African Krugerrands into the kettles. With each of these gold bullion coins worth around $1000 a piece, the Salvation Army claims that people know the value, they are just trying to help a good cause.

The Salvation Army sells the gold and dedicates 86 cents from every dollar to community programs that aid the needy.

Do you need extra cash for the holidays? Visit us at Cash4Gold.com! We pay the best prices for your old or broken gold jewelry. We also accept gold coins! Visit our site at Cash4Gold to see our process, the prices we pay, and how to receive quick Cash for Gold!

Gold Sales at a Halt as Prices Soar....

Hot news came this week about the U.S. temporarily suspending sales of the American Buffalos due to fear of running out of the treasured coins.

The 24 karat gold American Buffalo coins were first introduced in 2006. The coins were authorized by Congress for the United States to enter international gold bullion market with competing coins like the South African Krugerrand and the Canadian Maple. The American Buffalos hold a face value of $50, but are priced accordingly with the international gold market. The coin is a one ounce gold bullion coin.

Due to the ongoing economic crisis, consumers are flocking to gold as a safe hedge against inflation. The current demand for the American Buffalo has exceeded the supply and the Mint is depleted of inventory. Sales were temporarily suspended due to demand up over 54% from a year ago

We will be paying attention to the current gold situation…..Cash4Gold.com is your source for selling old or unwanted gold. We buy old or broken jewelry, gold coins, or broken items containing gold. Visit our website at www.cash4gold.com to see the prices we pay when you sell your gold!

Gold Used As Commodity in Crisis Situation

This week, we saw an extreme situation where Clark Rockefeller, a Boston man, kidnapped his 7-year old daughter, Reigh, and attempted to flee the country. In his pursuit of international borders, Rockefeller bought 300 American Eagle gold coins last month – a $300,000 value and with weight of over 19 pounds in gold.

Rockefeller bought the coins in the name of Clark Rock at Boston Bullion. The owner of the shop where Rock bought the coins stated that the value of the coins existed in that they could be used anywhere in the world due to the immediate cash out value and ability to sell the gold anywhere.

Evidently, Rockefeller has had a history of buying other items with traded gold in the past, including a sailboat. Rockefeller has since been apprehended by the Boston Police and is being held without bail in the kidnapping.

Visit our website to read more about gold coins, and features on American Eagle coins. Our site at www.cash4gold.com includes all you need to know about buying and selling gold.