Where To Find Gold American Eagle Coins For Sale And Why Gold Is A Smart Investment
Where To Find Gold American Eagle Coins For Sale And Why Gold Is A Smart Investment
Article by Dr. Emily Kensington
Finding Gold American Eagle coins for sale is easy, as there are a number of different dealers from which to choose. The American Gold Eagle is one of the official gold bullion coins of the United States. First released by the US Mint 1986, it is made from 22 Karat pure gold and is available in sizes of 1/10 oz, 1/4 oz, 1/2 oz, and 1 oz.
The coin features the famous Augustus Saint-Gaudens’ image of Lady Liberty with flowing hair, holding a torch and olive branch. The other side features an American Eagle, a symbol of the United States.
The purity and authenticity of this coin is guaranteed by the US government and is recognized and valued by dealers and coin collectors all over the globe. The one ounce versions have a face value of but their real price and value is pegged to the spot price of gold, which as of today’s writing is ,370 per ounce.
It is available in two different versions; a regular bullion coin for investors and a proof version for coin collectors. A proof refers to the special process in which the coin is made; they are put through a special polishing process and treated with dies that give them a mirror-like sheen. The American Eagle proofs are minted in West Point, New York and have a tiny “W” (indicating West Point) beneath the date. The regular bullion versions do not have these tiny letter designations.
WHY THEY ARE A WISE INVESTMENT
Besides their sheer beauty, there are pure financial reasons to invest in these coins. For starters, the price of gold keeps rising. In fact, gold recently hit an all-time high of 21 an ounce, up from 0 per ounce ten years ago. Owning this precious yellow metal can also protect investors from inflation because as inflation increases, so does the value of gold. It also offers protection from the declining value of the US dollar and other currencies because as the value of paper currencies decline, tangible commodities and assets such as gold increase in value.
In addition, investors look to gold as a safe haven in times of economic crisis or financial uncertainty. Another advantage is liquidity: gold can be bought and sold easily and the coins are small and therefore stored easily.
WHERE TO BUY
You don’t have to look hard to find Gold American Eagle Coins for sale. The most convenient way is to order from a reputable online dealer such as APMEX that accepts a variety of payment options and ships quickly. Also, you can get off of all new orders at Coins of America by using the discount code COIN.
The price of gold American Eagles is based on the spot price of gold, which changes daily. Keep in mind you will pay a small mark-up over the gold price to cover dealer packaging and shipping. This is normal and all dealers involve a mark-up. The good news is that larger one ounce gold coins have smaller mark-ups compared to the smaller coins which enables the buyer to save money. Therefore, I always recommend that buyers purchase the biggest coin they can afford rather than buying multiple smaller pieces.
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