During economic chaos and disorder, the value of currencies becomes unstable. Oftentimes, they even depreciate. As such, most investors depend on gold coins rather than currencies. More so, many investors indulge in gold investment rather than stocks, real estate properties, businesses, and the conventional forms of assets.
Many of those who fancy American numismatists go for American Eagle Gold Coins. These coins were first introduced in the gold market in 1986, following its authorization and recognition as an official gold bullion coin of the United States under the Gold Bullion Coin Act of 1985. Such coins are sold by almost every coin and precious metal dealer in the country.
Why American Gold Eagle Coins are a prime choice
Basically, American Gold Eagle Coins are highly priced in the gold market because of its purity and content. As bullion coins are priced according to their values in terms of their content of a particular precious metal, American Gold Eagle Coins are not purchased or sold according to their face values. Instead, their content and weight is taken into consideration.
American Gold Eagle coins come in 1/10 oz, 1/4 oz, 1/2 oz, and 1 oz. These have face values of $5, $10, $25, and $50 respectively. Note that the gold content of the bullion gold coins of America comes only from gold that were mined in the United States. Basically, the process of coin making entails the minting of the coins using 24-karat gold, small amounts of alloy and other metals. Such precious metal mixture ensures that the coins are highly durable and protected from scratching and marring.
As such, the tedious bullion gold coin-making process produces a high quality 22-karat overall gold composition. Therefore, an ounce of American Gold Eagle coin actually contains a 91.67% purity of gold.
Because of its notable quality, the value of American Gold Eagle Coins are considered to be far more stable than the price of currencies, stocks, and other forms of volatile investments. In addition to such, these gold coins are far much easier to trade than other investments.
In times when the investors may need liquid cash, they can easily sell their American Gold Eagle Coins regardless of wherever they are around the globe. In addition to the fact that these coins are of premium quality, any investor will consider a gold coin purchase as a secure and safe investment since the U.S. government provides proofs and guarantees for the actual weight, content and purity of the coins. It is also for the very same reason why such coins are considered to be among the most sought for bullion coins in the gold market.
Source by Azman Abdul Aziz
Why American Gold Eagle Coins Are Good Investments
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