American Eagle Gold Coins - Certified Gold Coins
Many people invest in gold because it’s a tangible asset you can feel and hold. Gold is a great investment against inflation, currency failure, political unrest, declining markets, and huge national debt. The government can’t just print more gold the way it can paper money. The supply of mined gold increases at only 1.6% per year, though the demand remains high. Many financial experts agree that part of your investment portfolio should include precious metals, especially gold.
Gold has been in high demand for thousands of years, and this will never change. Gold has universal value and is accepted around the world. Many gold investors prefer gold coins because they’re easy to buy, easy to store, and easy to sell.
The most collected gold coins in the U. S. are the American Eagle gold coins. American Eagle gold coins were first minted in 1986, by the United States Mint. It’s a truly American coin, authorized by the U.S. Congress and made from gold mined in the U.S. The weight and content of each coin is certified by the U.S. Mint, so these are certified gold coins.
Why certified gold coins?
Certified gold coins are graded by experts like Professional Coin Grading Service and the Numismatic Guaranty Corporation. These agencies closely examine coins to determine their authenticity and their quality. Few coins are deemed perfect. Even ones fresh from the mint might contain tiny flaws that can be detected only by a professional. And of course, you want to make sure any gold coins you buy are made of actual gold – certified gold coins.
What does the American Eagle gold coin look like?
The American Eagle gold coin is beautiful. The front, or obverse, depicts Lady Liberty. This design was inspired by the $20 gold piece designed by Augustus Saint-Gaudens, which was minted between 1907 and 1933. The Saint-Gaudens gold piece is often considered the most beautiful coin ever minted in the United States, and it’s the most counterfeited of all gold coins. The reverse, or back, of the American Eagle gold coin is based on a sculpture by Miley Busiek that depicts a male eagle flying over a nest containing a female eagle and her newly hatched chicks.
To see both sides of this beautiful coin, see the photos below the article links.
Are these coins 100% gold?
No. because of the inherent softness and malleability of gold, other alloys are added to make the coins harder and more durable. The American Eagle gold coins are 91.67% 22-karat gold, 5.33% copper, and 3% silver.
How is the American Eagle gold coin sold?
American Eagle gold coins are sold in four denominations: 1/10 ounce, which has a $5 face value; ¼ ounce, which has a $10 face value; ½ ounce, which has a $25 face value; and one ounce, which has a $50 face value.
How much do American Eagle gold coins cost?
The face value of the American Eagle has little to do with its cost or actual value. The amount of gold in each coin in printed on the reverse side, and the price is based on the market price for gold, which can vary from day to day. A small fee is added for coinage and handling.
Where can I buy American Eagle gold coins?
American Eagle gold coins are available from precious metal dealers, coin dealers, brokerage houses, and some banks. Also, collectible proof versions of the American Eagle gold coins can be purchased directly from the United States Mint online catalog.
Other ways to invest in gold
There are several ways to invest in gold. In addition to purchasing American Eagle gold coins, you can by rare certified gold coins, American Buffalo coins, Canadian Maple Leaf coins, South African Krugerrands, Vienna Philharmonics coins, or gold bars. You can even open a gold IRA.
To learn more about how to open a gold IRA, click the link below:
Read more about investing:
- Best Gold IRA Conversion Companies
Ever heard of Lexi Capital, Merit Financial, Goldline, Rosland Capital, or Capital Gold Group? Theyre some of the best IRA companies around, so if you want to open an IRA account, you might want to get to...
- Open a Gold IRA
I dont have to tell you that the U.S. economy is floundering, and no one really knows when it will rebound. This uncertainty is wreaking havoc on practically all types of investments. Some people are...
- 401K or IRA? Which is Best for You?
401K and IRA One of the most important things you can do to secure your future is to plan now for your retirement. The younger you are when you start saving for your retirement years, the better off...
More by this Author
Pros and cons about loaning and borrowing money among friends, with some tips to save your friendship.
Ideas for adventure travel for older adults. Photos and videos included.
Information about pinched nerve, nerve damage, or peripheral neuropathy. Videos by health care professionals are included.