Historically, precious metals were important as currency, but are now regarded mainly as investment and industrial commodities. The best-known precious metals in financial market is the attractive gold, even in this era of inflation where financial markets are dwindling everyday gold purchasing is one of the most favorable and proven ways of protecting your assets. Among the experienced investors of gold ingots, Mexican coins are among the top favorites. A recent trend analysis puts the gold market as one of the most flourishing areas of investment, offering the maximum returns. Throughout the world, purchasing gold is one of the best ways to protect your assets.
American gold coins are the most stable, recognized and pure gold coins in the world. One of the most popular of these is the American eagle. American Eagle coins are made out of gold mined in United States. These bullion coins were first released from the US fortune in 1986 and are of assured 22 karats or 91.67% gold (22 karat), 3% silver, and 5.33% copper. The face values given to this coin are $5 for 3.11g, $10 for 7.78g, $25 for 15.6g, $50 for 31.10g. There are two arrays of American Eagle gold coins – the bullion and the proof.
The gold coin includes the finest raw gold and is highly appropriate for solid investment; they are recognized, appreciated and sold all over the world. These coins are easily available and are a worthy and safe investment. A great many of coin buyers today consider bullion coins as the best option for a long-term investment.
The American Eagle gold proof coins are in fact bullion coins that have been purposely made for collectors and to emphasize on special occasions. Proof coins are not only designed for general public circulations but also for the hunt of coin collectors for these types of gold coins. These gold coins are very remarkable, gorgeous, and lustrous and worth the amount that is spent. Different manufacturing methods are used to make these American Eagle proof coins, which gives them an impressive appearance and attractiveness.
Another type in the American gold coin series is the Double Eagle. The term “double eagle” was specifically used in the legislation passed from Congress on March 3, 1849. $10 face value coins were already being produced and were referred to as “gold eagles”, thus the new coin with twice the value and gold content was referred to as the “double eagle”. There were two regular series of Double Eagles produced. They were the Liberty Head series and Saint Gaudens series.
Collecting gold coins can be considered as fun and as well as rewarding because of the everyday escalation of gold value, collecting gold coins can be considered same as collecting stamps in that you derive pleasure from collecting a unique genre of items with collectible value e.g. Spur Royal is a rare English coin minted during the reign of King James I. When it was originally issued it had a value of fifteen shillings.
Source by Adam Brenner
Gold Coins - The Smart Way to Invest in Gold
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