Did you know the global gold market was worth $214.1 billion in 2021?
The American eagle gold coin is the official bullion coin of the United States mint. It is a popular coin for precious metal investing because of its high purity level.
If you’ve heard of the American Gold Eagle coin and are looking to invest in gold, our article teaches you everything you need to know about this fantastic coin.
Read on for everything you need to know about the American Gold Eagle coin.
History and Origin
The US government has issued many bullion coins over the years. The first American Eagle coin was issued back in 1775. It was worth $10.
With the bullion act of 1985, the government created the American Gold Eagle. The Act requires that all of the gold in American Gold Eagles be mined in the United States and match the exact criteria stipulated by the United States Mint.
This legislation, as well as later bullion acts, were intended to provide an American alternative foreign precious metal investments.
These days, the US produces gold, silver, and platinum American Eagle bullion coins. The United States Mint has a fascinating history – you can check it out here.
American Eagle Coins are produced using a unique minting method. Each coin is press-fitted and dyed to ensure a uniform appearance, then checked for quality control.
The US Mint’s standards ensure the consistent purity and weight of each American Gold Eagle. All packed coins are also supplied with a Certificate of Authenticity.
The gold coin has an image of Lady Liberty on the front, with an inscription of the word “Liberty.” The reverse features a bald eagle returning to its nest with an olive branch. The image is accompanied by the words “United States of America,” “E Pluribus Unum,” and “In God We Trust.”
American Gold Eagles as an Investment
Buying precious metals is a great way to diversify your investment portfolio and own a tangible asset. American Gold Eagles are one of the most popular types of bullion when you invest in gold.
You can hedge against inflation and build your wealth by investing in American Gold Eagle Coins. Because the barrier to entry is low, almost anyone can invest in gold and other precious metals.
You can invest in gold through a Precious Metals IRA, or simply by buying American Gold Eagles from any reputable dealer.
The American Eagle Gold Coin: What You Need To Know
So, that’s the rundown on everything you need to know about the American Eagle Gold Coin.
This gold coin remains one of the most popular choices for both investors and collectors. The value of gold coins remains stable and reliable when some investments may not.
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