American Eagle Gold Coins – Savvy Investors Portfolio Addition
For savvy investors the American Eagle gold coin is a favorite investment. These coins are great investment and not only because they’re beautiful but because their value is guaranteed to to the fact that there are mine with precious metal… pure gold. It is true that the coins do have a face value, but the value is not in the dollar amount of the coin itself, it is the value of the gold that makes up the coin.
The United States is not the only country that produces collector coins for commemorative purposes. When a country does create a collector coin, it is usually to emphasize the unique aspects of the country’s culture. In Australia Day use the revered kangaroo on their coin for example, and China has its gold pan though with his lovely design that changes every year. Canada features the powerful national symbol of the Golden Maple leaf, and South Africa mints the Krugerrand. This South African coin, is one of the world’s best-selling coins. It features of South Africa’s national animal, the Springbok. As far as the United States, the American gold Eagle stands out among other coins because of its beautiful design, and because it is backed by the full strength of the United States government.
The gold coin features representation of Lady liberty holding court in hand through a field of light rays. The image was inspired and design eye Augustus St. Gauden and minted from 1907-1933. This double Eagle is considered to be one of the most beautiful coins the United States has ever produced. On the other side of the American Eagle gold coin is a nest full of bald eagles. The bald eagle is a national bird of the United States. Representing America’s dedication to unity and family, this special coin is die cut and polished especially to a high shine.
The American Eagle is valued again not only for its beauty but because it is backed by the full power of the United States government. Each coin is staffed with its exact gold weight as well as its exact face value. They are minted from 22 karat gold col which by law must be made from gold minted in the United States. The reason the coin is not 24 karat gold is because a pure gold coin would be too soft.
The most common the American Eagle gold coins available today were first produced in 1985 and come in a variety of sizes and values. They range from the 1/10 ounce coin which has a face value of five dollars. The coins go all the way up to a full face value of $ 50. Although these coins do have a face value, they sell for more again because of the value of a goal that’s in the coin. These coins are not directly available for purchase from the US mint but can be purchased for resellers. You can find them from coin shops, on the Internet, and at coin shows. There are also variations on the American Eagle coin that are minted from silver or platinum instead of gold.
With the weak dollar, the value of gold continues to rise and every day the value of the e gold coin goes up.