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New collectors of gold coins may find it overwhelming when they see just how many different types of gold coins are available. They will likely have no idea where to start unless they have done all of their research beforehand, and this can be quite frustrating. The following are some of the most popular types of coins for collectors, whether they have been collecting for years or they are just now looking for their first coins.

Double Eagle

The Double Eagle coins, designed by James B. Longacre, first came into circulation in 1850. The coins contain .96750 ounces of gold, and it has several distinct styles based on the year it was minted. For example, the coins from 1877 – 1907 have the value spelled ‘twenty dollars’ rather than ‘twenty d’ as on the first coins.

Three Dollar Gold Pieces

These coins first circulated in 1854, but they were never very popular, probably because of the denomination. Because they were not very popular, they did not see the same circulation as some of the other types of gold coins. The coins contain .14512 ounces of pure gold. James B. Longacre also designed this gold coin.

Gold Dollars

The Gold Dollars, also designed by James B. Longacre, were minted from 1849 – 1889. It contains .04837 ounces of pure gold. In 1856, the design was slightly changed – the head on the coin was made slightly larger.

The above are only a few of the many different types of gold coins available to collectors. In addition to these coin types, different years of the same coin may have slight variations. These variations, along with the quality of the coin, can make the coins more valuable to a collector.

With so many different types of coins available on the market, it is a good idea for the collector to research all of the different types of coins that he or she wants to collect. With all of that knowledge, it will make it easier to recognize great deals on coins when you see them. It will also be easier to talk with other coin enthusiasts when you do this.

Before you buy any type of coin, make sure that the dealer through which you are buying is reputable and has the coins for sale that they claim. Most of the dealers are good, legitimate businesspeople, but it takes only one bad person to spoil your enthusiasm for collecting coins.

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