American Eagle Gold Bullion Coins were authorized by the Bullion Coin Act of 1985. These gold bullion coins quickly became one of the leads in investments of its kind. American Eagles have their gold content and legal tender imprinted into them as well as using gold mined from the United States. The value of the American Eagle is based on its metal content and market price, including a premium to cover distribution and coinage.
A durable 22 karat standard was used for American Eagles, a standard that has been established for gold circulating coinage over 250 years ago. With the stated amount of pure gold and a small amount of allow, it creates a harder coin that becomes much more resistant towards scratching and marring which prevents the resale value from diminishing.
Investing in Gold Coins
Gold has been a treasured precious metal ever since it was discovered 5,000 years ago. Gold is internationally recognized as a monetary and financial asset that is held in reserve by major governments. Gold has remained very valuable due to its rarity. All the gold in the world could fit into a cube measuring 60 ft per side. Due to the rarity and value of gold, investing in coins makes it simple and affordable.
One of the most important attributes to any asset is its liquidity. To be able to easily purchase and sell your investments is arguably just as important as your investment’s value. This makes investing in gold coins very easy and sound. Those who invest in gold can easily track the value of gold from most major newspapers.
What sets American Eagle Gold Bullion Coins apart from other gold investments is that they are the only bullion coins that the United States Government guarantee the weight, content and purity. American Eagle Gold Bullion Coins can be purchased at brokerage houses and participating banks, as well as major coin and precious metal dealers.