Gold American Eagle coins are valued according to the gold price as determined on commodity exchanges, not their face values or face values marked on them. Instead, they are sold at market rates which reflect both their gold content as well as small premiums to cover distribution and coinage costs.
They Are Legal Tender
American Gold Eagle coins feature a face value, but should not be spent at that amount when purchasing goods or services from merchants. Instead, their market price fluctuates with gold prices on global commodity markets.
So coins make an excellent diversification opportunity for investors concerned with over relying on Wall Street-based assets for retirement accounts.
The obverse side of this coin features Lady Liberty as a symbol of enlightenment and freedom with torch and olive branch in her grasp, while on its reverse side is depicted a male eagle soaring high and protecting his young.
Under the Gold Bullion Coin Act of 1985, these coins are guaranteed by the US government as to their gold content and manufactured at West Point using 22 karat gold mined in America; thus making the American Gold Eagle an ideal investment and popular choice among gold bullion buyers.
They Are a Good Investment
Gold investment offers an excellent way to diversify your portfolio, as its value is untethered from any company or government and immune from counter-party risk.
Gold American Eagle coins are an increasingly popular investment choice among investors looking for government-backed bullion to hold in their portfolios. Their iconic reverse side depicts a female eagle and her chicks, representing family heritage and young generations.
These legal tender coins are priced according to the market price of gold plus a small premium for coinage, distribution, and proofing costs. Their face values range from $5 (1/10 oz) up to $50 (1 oz), making them suitable for Individual Retirement Accounts (IRA).
They Are Easy to Store
Many collectors enjoy collecting American Eagle gold coins because they are easy to store. Coin holders or plastic coin flips provide protection from damage while an airtight, safe container is another convenient storage method.
Gold American Eagles can be stored in self-directed precious metal Individual Retirement Accounts (IRAs), providing an excellent way to diversify portfolios and decrease overall risk exposure. They meet IRS rules for inclusion into such accounts.
Gold American Eagles, issued as legal tender, range from $5 (1/10 oz) to $50 (1 oz) per coin and are priced close to the current market price for gold. Their true value lies in their gold content, so they are priced close to market prices when purchased as bullion coins. On its obverse is Augustus Saint-Gaudens’ famous full-length portrait of Lady Liberty symbolizing freedom and enlightenment while its reverse was designed by Miley Busiek to depict an eagle flying above its nest full of hatchlings representing nature’s nurturing qualities.
They Are Easy to Sell
Gold American Eagle coins offer an effective means of building tangible wealth that represents America’s heritage. Available in one-tenth, one-fourth, and half ounce sizes with face values of $5, $10 and $50 respectively; their value based on gold content/value as well as coinage/distribution costs.
On its obverse design, this coin features Augustus Saint-Gaudens’ full-length figure of Lady Liberty carrying torch and olive branch while on its reverse it features a male eagle carrying olive branch flying above nest containing female and eaglet birds.
Collectors often demand coins from specific years, and offering fractional or proof coin sets from those years can generate a premium above and beyond their intrinsic metal value. Third-party certification from NGC or PCGS can further increase sale prices by verifying authenticity and condition – investors can sell their coins through either online platforms or reputable dealers.
