If you’re looking to invest in gold to diversify your portfolio, we recommend that you buy Gold American Eagles.
First minted in 1986, Gold American Eagles quickly became one of the most popular and most traded gold bullion coins in the world. During the Great Recession in 2008, the U.S. Mint minted over 700,000 one-ounce Gold American Eagles, way above its production of 140,000 coins in 2007. In 2009, over 1.4 million Gold American Eagles were produced, and the average production per year since then has been around 1 million coins.
When you buy Gold American Eagles, you are assured of the source’s quality. The Gold Bullion Act of 1985, which authorized the production of these coins, requires that American Eagles be minted using gold from newly mined “natural deposits” in the United States, or in a territory or possession of the United States.
Gold American Eagle features
One of the benefits you get when you buy Gold American Eagles is their worldwide acceptance as investment-grade gold bullion. The U.S. government has guaranteed their gold content, purity and weight, making it easy to convert the coins into cash anywhere in the world.
A Gold American Eagle is easy to identify. Here are some of its features:
Certified Gold American Eagles
Some of those who buy Gold American Eagles look for a certification. For newly minted coins, a certification would be redundant as the coins would almost certainly be in pristine condition.
A certification, however, may add value to older Gold American Eagles, especially those with proof finish, as these are not as widely produced as the BU coins.
Gold American Eagles are issued annually with the year stamped on the coin’s obverse. Their most popular years were 1986 when they were first issued, followed by 1997 and 1999. Gold American Eagles produced between those years are rarer, and therefore have a higher collectors’ value, particularly if they come in proof finish.
Certified Gold American Eagles are commonly assigned a grade of MS69 and MS70.
When you buy Gold American Eagles, inquire about certification and how this can enhance the value of your coins.
Pricing of Gold American Eagles
The price of Gold American Eagles depends on the spot price of gold, plus a certain premium.
Call us if you’re interested in buying Gold American Eagles. We offer the most competitive pricing in the market.
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