How much is my 1/2 ounce Gold American Eagle 2008 MS70 worth?
I recently purchased this coin for $800, knowing that the potential of it increasing drastically in value is pretty good, especially it being of such high grade. What is it value today? What could it potential be valued in 5 years? And also where would i find the mitage of this and previous years bullion?
***mintage***
Gold is currently between $700 and $900/ troy ounce. You have a bullion coin that is worth it’s weight in gold plus a premium of 10-20%. So it should be worth $400 to $500. The best way is to go to a coin dealer and ask what the current price of the coin is, buy and sell price. I do not agree that gold will increase in the next 5 years like it did in the past 2. This is a market that it takes experience to trade in without loosing 2 shirts at a time. Precious metals, bullion coins, and bulk US silver coins are all very volatile markets. Good luck to you, the coins are very attractive, and may appreciate in the future.
Chickasaw 5-oz Bullion Coin
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