Are American Eagle Gold Coins a Good Investment?
Investors traditionally choose gold for the stability, liquidity, and diversification it adds to their investment portfolio. There are many ways to invest in physical gold.
Experienced investors and industry experts agree that purchasing certain IRA-eligible gold coins is one of the safest ways to add gold to your overall investment portfolio. One of the best gold coin investments is the American Eagle Gold.
Gold Eagle Coin History
The American Gold Eagle coin first appeared in 1986 and quickly became one of the country’s most prominent gold bullion variants. But its roots go back farther, to the 18th century. The eagle was a gold coin issued by the U.S. Mint between 1795 and 1933. The 1907 “Double Eagle” version of the coin designed by Augustus Saint-Gaudens remains an inspiration for today’s variant.
The coin’s current version owes its existence to the Gold Bullion Coin Act of 1985. The U.S. Mint introduced this coin as a viable alternative to other major gold bullion coins. The mint continues to produce this coin each year both as a collectible and a vital part of the mint’s coin and medal programs.
Features of the American Gold Eagle Coin
The American Gold Eagle coin features 1 troy ounce and is a durable, scratch-resistant piece of 22-karat gold.
The front of the coin, originally designed by Saint-Gaudens for the country’s $20 gold piece minted from 1907 to 1933, depicts a full-length figure of Lady Liberty holding a torch in her right hand and an olive branch in her left. The background displays beautiful images of the rising sun and the United States Capitol dome. The front of the coin also bears the inscription “Liberty,” the date of issue, and the individual mint mark of origin.
The reverse side of the coin produced before 2021 bears the image of a male bald eagle carrying an olive branch, flying toward his mate in a nest with their hatchlings. These eagles symbolize the strength of the American family. Newer versions of the coin showcase a solitary bald eagle.
American Gold Eagle Coin Value
The American Gold Eagle coin’s value is determined mainly by its gold content, but other factors are also at play. These include:
- The current spot price of gold
- The coin’s condition
- The coin’s rarity
In addition to its bullion version, the U.S. Mint produces proof and uncirculated versions of the American Gold Eagle. Because of their limited mintage and special production process, these coins can carry a premium over their bullion counterparts.
Ultimately, precious metal prices can be volatile. The value of the American Gold Eagle coin can change rapidly. Check with reputable dealers or financial advisors for the most current prices.
Why American Eagle Coins Could Be a Good Investment for You
American Eagle Gold coins offer several benefits to investors who want to diversify their portfolios with gold or other precious metals. They are a popular coin for collectors and investors, which can lead to steady prices. They’re also guaranteed to be high-quality coins made with investment-grade gold.
Finally, American Eagle Gold coins offer flexibility. You can invest them as part of a Gold IRA, purchase them as part of a collection, or hold them for the future.
Guaranteed Quality and Purity
There are very few things in this world that are guaranteed. Fortunately, we can provide one of the few guaranteed investments. The popularity and demand for American Eagle Gold coins continue to grow with everyday investors because the United States government guarantees the quality and purity of the coins.
By law, American Gold Eagle bullion coins can only be made with gold mined within the U.S. The guarantee adds a significant element of security for less speculative and more conservative investors allocating their retirement assets.
Buyers of the American Gold Eagle and Numismatic Guaranty Company (NGC)- or Professional Coin Grading Services (PCGS)-certified American Gold Eagle can rest assured that they are getting exactly what they pay for in terms of quality, gold content, and investment–grade purity.
Increased Demand
Though gold prices fluctuate regularly, we continue to see demand increase for American Eagles because of their secure nature as an investment, high quality, and American orientation. Their popularity has increased inside self-directed IRAs especially. Many are opening Gold IRAs to enhance their retirement investment strategy.
Quality
The U.S. Mint is among the most storied coin manufacturers in history, and the United States gold coin market is among the biggest in the world. The U.S. has the world’s largest officially reported gold holdings, and the global reputation of the U.S. Mint is unparalleled.
American Eagle Gold coins provide investors with the means to diversify, balance, and stabilize a well-rounded investment portfolio, all with the safety and backing of the United States government.
Each American Eagle gold coin features stunning quality and design, symbolizing the American spirit and character. The U.S. Mint guarantees that each coin contains an exact quantity of gold mined exclusively in the United States to meet its rigid quality standards.
The American Eagle gold coin is produced at 22K purity (mixed with harder alloys), giving it a tougher metallic property that better handles wear and tear when the coins are in wide circulation. The tougher composition of the Gold American Eagle coin also makes it ideal for long-term buy-and-hold investing and a great way to own physical gold in IRAs.
How to Buy and Invest in American Gold Eagle Coins
Investing in gold continues to provide investors with a haven from market volatility. Like any other investment, it is crucial to understand precisely what you are purchasing before deciding. Whether you’re planning to buy gold for a personal collection or to invest as part of a gold or precious metals IRA, you should be well aware of the value and quality of the gold coins—including Gold American Eagle Coins—you’re about to buy.
We take pride in educating first-time, novice, retirement, and experienced gold investors. We continue to serve our clients by providing clear, concise, objective advice without obligation. To learn more about purchasing precious metals directly or as part of your gold IRA, call our specialists today at 1-+1 (484) 926-8191.
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