Gold American Eagle Coins
As the economy shakes and shivers, gold not only stands strong, it prospers. Gold bullion coins, like the American Eagle coins, are among the most versatile and liquid legal tender in the world. Each week, these coins sell by the millions. They are the perfect way to invest in gold.
American Eagle coins have high gold purity and you can easily buy and sell them through reputable dealers. Every Gold American Eagle coin is minted solely from American gold. Since 1986, each of these gold coins has been guaranteed by the U.S. Mint for purity, content and weight.
American Eagle Gold Coins offer gold investors and collectors a convenient and cost-effective way to add physical gold coins to their investment portfolios.
The Financial Crisis and Gold
After the financial crisis, a number of investors turned to ETFs, or gold exchange traded funds, to cash in on the rise in gold prices, but recently investors have been moving away from ETFs. That’s because ETFs don’t allow you to physically own the gold, and some are simply gold futures, which can be more risky as investments.
Most experts prefer to invest in gold bullion coins. They want something they can actually hold in their hands.
Tips for Buying Gold Coins
If you are planning to buy gold coins, stick to those from North America. The American Eagle Gold coin is very easy to buy and sell. As stated above, the Eagle’s gold content and purity is guaranteed by the United States Mint.
You can even put American Eagle Gold and American Eagle Silver coins into your individual retirement accounts.
North American coins are also more widely used than other international gold coins, which makes them much easier to sell, when you need to sell them.
If you are considering gold coins versus gold bars, know that gold bars cost much more. These bars typically trade in 10-ounce amounts, and selling them is often very difficult. They are more expensive to pack and ship, too.
If you do buy gold coins, store your American Eagle coins in a safety deposit box or in your home safe rather than with a dealer. It is always better to have physical possession of your coins in order to avoid any type of dealer scams.
When it comes to dealers, shop around and compare dealer prices. Paying premiums of more than five percent for gold bullion coins isn’t a good idea. Shop around for a better price.
While American Eagle coins are issued in four different denominations, from a tenth of an ounce to one ounce, most experts suggest buying the one ounce coins.
As you shop around, find out about the buyback policies of each dealer. Specifically, you want to know if the company charges to sell the coins for you, should you decide to sell later on (some may not even charge a premium). It definitely pays to do your homework and find out the policies.
Universal Coin and Bullion
At Universal Coin and Bullion, you get an A+ BBB-Accredited National Award-Winning Gold, Silver & Rare Coin Dealer. Buy American Gold Eagles and American Silver Eagles from America’s Gold Expert, Mike Fuljenz, of Universal Coin and Bullion.