People are fond of collecting historical pieces like gold coins. Coin collectors can esteem the grace of an item. Completing a collection, gives the collector the pride and sense of worth. Two of the main things a good collector looks at are the historic value and monetary price of a collection. In other words, there are individuals who are hooked in collecting coins because of these two aspects.
If you are a veteran collector, you must have heard of the American Gold Eagle. This is the official gold bullion coin of America. 1985 was the year when the Gold Bullion Coin Act certified this coin. It was released by the US Mint in 1986. According to various coin collectors, the American Eagle Gold Coin is an exceptional investment medium. Consider the things below before you invest in this type of coin.
Warranty This is the only bullion that is guaranteed by the US government. There is an assurance of its value since the US administration certifies the coin holder of the weight, content and purity of the American Eagle Gold. Maybe, this is one reason why many are attracted to invest in this bullion.
Karat Karat is used to compute the purity and fineness of gold. The American eagle gold coin is a 22-karat gold. It uses 91.67 % fine gold which makes the coin long-lasting and sturdy. With that composition, the coin is impossible to get dent and scratches.
Marketability Of The American Gold Eagle Since the coin is guaranteed by the US Government, this coin is easy to buy and sell. It can be retailed and traded in various markets. The liquidity level of this type of coin is exceptional as compared to other investment vehicles. Whenever the global economy faces a depression there is a high demand for gold. At this point in time, if you are planning to retail, then this is the right time. Also, since the cost of gold coins is primarily dependent on the worldwide gold price, it can be monitored effortlessly via internet or you local papers.
Convenience An additional factor that are looked upon by investors is the capability of the investment vehicle to be stored. The American eagle coin is available in four alternative dimensions. Given that options, investors and coin collectors can get a coin that fits his budget perfectly. A beginner can invest first in a smaller coin then later on move to a different size of the American Eagle gold coin once he gets more means.
Design And Artwork This coin was inspired by Augustus Saint Gauden. The coin’s design portrays the complete image of the Lady Liberty holding the torch and olive branch. The reversed side of the coin is the infamous bald eagle carrying an olive branch.
Gold collecting is not just a good pastime but a promising venture as well. It is expected to produce positive returns. In these trying times where the economy is unstable in the US and certain European countries coupled by the sovereign adversity and security risks the gold industry is seeing a bright destiny and this includes the American eagle gold coin. So what are you waiting for? Begin collecting now!
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