American Eagle Gold Coins: Recommended For Beginners
Selling the American Eagle gold coin is actually easier than trading gold bars. Bars are already in high demand, but they end up adding wait times and extra costs if you want the assay certificate, which guarantees the legitimacy of the bar, but the American Eagle gold coin doesn"t need that extra time and money. The assaying process is really no problem. They"re also non-reportable because the government is backing each transaction of these coins. Gold investors turn towards these American Eagles to invest rather than having to report.The US Mint first began minting and issuing the American Eagle gold coins in 1986, after being inspired by the Saint-Gauden $20 coins dated 1907 to 1933. The design of eagles, a national symbol, is now one of the main reasons why this American coin is a popular gold investment among the many gold options available. It"s due to the simple trust that American and the US Mint carries that makes the American Eagle coin accepted worldwide.
This gold coin is available in four denominations: 1/10, 1/4, 1/2, and 1 troy ounce. It is a 22 karat coin, meaning that it is 91.67% pure gold. This is the standard for all American gold coins. The 1 troy ounce coin carries a face value of $50, and the other three denominations are split up accordingly. You can buy a 1 troy ounce American Eagle gold coin for about $1000, the 1/2 ounce for about $550, the 1/4 ounce for about $275, and the 1/10 ounce for about $130.
All of the gold packaged as an American Eagle gold coin comes from America, as mandated by law. As such, each coin is authorized by the United Congress and is approved by the US Mint. No wonder why nearly everyone recognizes it.
Beginners looking to buy coins and collectibles should really look into purchasing the American Eagle gold coin. This coin is especially safe because of the support of an entire government behind it and it"s universal recognition, making it quite easy to sell. And with the assay certificate behind it, there"s no way anyone could refuse this gold coin.