The Gold Eagle coin is the official gold bullion coin of the United States. The U.S. Mint began producing these coins in 1986, and they have been available for purchase by investors ever since.
The gold eagle coin is one of the world’s most popular forms of investment-grade bullion, so it’s no surprise that many people want to buy them. But before you start buying gold eagle coins, you need to know what makes them different from other types of bullion coins.
What Is a Gold Eagle Coin?
A gold Eagle coin is a 24-karat gold coin authorized by the United States government as legal tender at face value. It’s also considered legal tender outside the United States (although some countries may not accept it).
The original version featured an image of Liberty on the obverse side of the coin, while the reverse side featured an eagle with outstretched wings. The eagle had a shield on its chest with thirteen stars above it. The current version of the coin features a similar design but with some changes made to it over time.
Benefits of Buying the Gold Eagle Coin
The gold eagle coin offers several benefits that make it an excellent addition to any collection or investment portfolio:
Availability
The U.S. Mint produces both bullion and proof versions of the coin, which are available throughout the year. You can buy them directly from the U.S. Mint or a third-party retailer like Blanchard.
Value
The value of gold generally increases over time, which makes these coins excellent investments because they’ll likely gain value over time as well.
Quality
These coins come with high-quality production standards that ensure they maintain their value and condition over time, even when they’re handled frequently by collectors or investors alike.
Collector Appeal
Gold eagles have been featured on television shows like Pawn Stars and Counting Cars, which has increased their popularity among collectors around the world
Denominations of the American Gold Eagle Coin
The American Gold Eagle coin is available in a variety of sizes. The 1/10 oz and 1/4 oz coins are the most popular, but you can also purchase the 1/2 and 1 ounce versions. Some people prefer these larger coins because they are easier to buy, sell, or store than smaller denominations.
The smallest size is the 1/10 eagle (1/10 AUF), which contains .2417 troy ounces of pure gold—or about 7 grams.
Where to Buy the Gold Eagle Coin?
The gold eagle coin is available from the US Mint. You can buy it directly from the US Mint’s website. The mint also has physical retail locations around the country where you can purchase gold eagles.
Some other options include buying gold eagle coins from:
Gold and silver bullion dealers—these stores sell collector coins alongside bars, ingots, and rounds of precious metals.
Online retailers—gold retailer websites offer competitive pricing on fresh and pre-owned gold eagle coins and other products like American Silver Eagles and Canadian Maple Leaf Coins.
In Conclusion
For those looking to invest in gold, we highly recommend the American Gold Eagle. It is one of the most popular choices among investors and collectors alike. This coin comes in various sizes, weights, and denominations — making it easy to find a coin that fits your budget and tastes.
Consider the information highlighted above to help you decide whether or not adding an American Gold Eagle coin to your collection makes sense.
