Are you looking for an investment option with stability, financial security, and liquidity with eligibility for placement in a gold IRA? Look no further. The American Gold Coin Eagle will safeguard your investment and dollars to doughnuts conveniently and cost-effectively.
The American Gold Coin Eagle is a legitimate American gold coin introduced by the US Mint in 1986. Bullion coins followed the American Eagle Coin Program of 1986, set in motion by the Gold Bullion Act of 1985. The coins come in different sizes, each denoting the stated amount of gold in troy ounces. They are available as follows: one ounce, one-half ounce, one-quarter ounce, and one-tenth ounce. On the other hand, silver, platinum, and palladium coins come in the one-ounce bullion coin.
Do you want to invest with the bullion coins? Read further to learn four facts about the American Gold Coin Eagle.
It is the Only Guaranteed Coin in the United States
The American Gold Eagle Coin is the only type of coin assured by the federal government. As a measure to safeguard your investment, the US government guarantees the stipulated actual gold weight in ounces. This means that when you buy a coin, its weight, metal quantity, purity level, and specific content are as stated. With this information, you know what to expect from your investment without the fear of the unknown.
Also, Federal law requires that the gold, silver, and copper used to alloy the coin must come from the United States. The US Mint doesn’t sell these coins directly to the public. You can trace an authorized dealer here.
American Gold Eagle Coins are Convenient and Cost-Friendly Ways to Grow Your Investment Portfolio
Bullion gold coins offer you expedient and cheap ways to add gold to your investment portfolio. While the US Mint maintains fixed prices depending on the actual amount of gold in the coin, they are easily affordable.
The Gold Coin also carries value as a legal currency. This is the same case with American Buffalo Gold coins. Each coin has a face value, typically from five to fifty dollars. What’s interesting is that the coin retains its face value even when gold prices drop. The coins maintain the value minted on them.
American Gold Eagle Coins are Scratch Resistant
Compared to the American Buffalo Gold coins, American Gold Eagle Coins are scratch-resistant. Their makeup entails 22 Karat gold that contains 10% silver and copper alloys which give it a thicker coat. The coins come in four denominations, giving you a selection to pick from.
If you’re looking for coins with attention to detail on the appearance, you can check out proof and uncirculated coins here.
Gold Eagle Coins have the Same Design as Double Eagle Gold Coins
The US Mint designed the coins with similar insignia. Both show an eagle and Lady Liberty in their design on the obverse and reverse sides respectively. Similarly, the currency value of the coin and the date minted is visible.
Well, now you know another way you can guarantee stability, liquidity, and financial security. As you make your investment, recall that gold is money and everything else is credit.
