"He who has the gold, makes the rules", so say many investment books. Being older than printed money and stock exchanges Gold can be a powerful hedge against inflation. In this rapidly fluctuating environment there is one gold investment that's as solid as a rock - American Golden Eagle Coins. But why would you consider American Gold Eagle coins as part of your portfolio? Let's look at the main reasons.
U.S. Government Guarantee
The U.S. government guarantees the weight, purity, and content. This unique guarantee ensures that the coins are recognized world-wide as America's official investment-grade gold bullion. Additionally gold eagle coins are accepted globally in all investment markets.
Performance
Golden Eagle Coins consistently hold their value offering a stable investment. In volatile financial times this makes investing in gold very appealing as price often moves independently of stocks and bonds. If you are looking to a prosperous future consider gold as way of improving your portfolio's overall performance.
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Augustus Saint Gaudens is one of those persons who remain in the history of a country by their talent and loyalty. Although he was Irish by origins, and despite the fact that he studied arts in Europe, he managed to leave his print on American culture by his work. He didn't only bring his contribution to the creation of monuments commemorating the American Civil War, but he extended his art to a higher level.
Appreciating his works President Theodore Roosevelt chose him to be the one to design the new American gold coins. The purpose of this change was to bring more beauty to the older image of Liberty. That is how in 1907 the first double eagles have emerged for the world to look at them with admiration. These coins are made with outstanding artistry and they have a face value of $ 20. The same year he also designed the Indian head gold eagle with a face value of $ 10.
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The US government specifies the actual gold content of the coins.
The specifications for the minted gold coins is backed by United States Congress and the United States Mint ensuring that the coins are 22 karat which is the English standard for gold coins.
Although the face value of the coins is $50, $25, $10 and $5 there actual value is base on the price that the gold is worth at the time.
The gold that is contained in the American gold eagle coins has to be sourced from mines in the United States and every coin has the full weight of gold that is stated, to make the coins more durable silver and copper is added.
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The $2.50 Gold Quarter Eagle coin should be a part of your collection, if it isn't already. Many people, especially in the United States, collect coins as a hobby, and a way to build a substantial investment in their future. There is no better way to secure your future than buying gold!
Gold coins and bullion are some of the very best purchases you can make. While most other markets decline, gold either holds it value or increases as time goes buy. The more you add to your collection, especially of older coins, the more it will be worth now and in the future. Many people invest in gold coins strictly for the purpose of having a secure financial future or money for retirement.
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Your gold coin collection is one of your favorite things to display and show off, not to mention an investment. Because of the pride factor and the investment factor, it’s important to keep your collection in perfect condition. That’s part of collecting valuable objects. If you are a new gold coin collector and unsure about what you need to keep your collection in top-notch shape, here are the supplies you’ll need:
• Gold coin cleaner – Now before you go out and purchase something that calls itself coin cleaner, remember gold can very easily be damaged. Abrasives, harsh chemical and lots of rubbing will damage your gold coins. If you must, clean them in warm soapy water and pat dry with a gentle cloth – that’s your gold coin cleaner.
• Latex gloves – your body oils can damage gold coins. It’s best not to touch them without gloves
• Airtight display containers or cases – Airtight containers will protect your gold coins from outside pollutants and come in ring frames, boxes and albums.
• Coin envelopes and cardboard or Mylar holders, if you are not using air tight containers. Make sure they are acid-free.
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Avid collectors of anything, whether it’s gold coins or antique dishes need a collecting guide. Why is this important? Well, for several reasons. Maybe the most important reason is so that the collector won’t make purchases of “collectables” only to find out later that that collectable wasn’t really a great investment. Now, with gold coins, the investment is probably always pretty good because gold is so high in value. But you can make wiser choices even among gold coins.
If you are a collector of the Gold Eagle coin, for example, you want to know what to look for. It’s important to know what years are most valuable, which production runs are the most highly prized. Is proof more valuable than uncirculated or the other way around? Gold coin collecting enthusiasts will benefit from having a good guide so that they know what to look for with each coin, not just the Gold Eagle gold coin. A gold coin collecting guide will also help you in terms of knowing what price range you should expect to find your coins in.
Another benefit of a good guide is that it will give you information on how best to take care of your valuable gold coins – how to store them, clean them and so on.
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Most in-the-know investors are well aware that gold is always a good option. Gold coins are excellent for diversifying investment portfolios and having a good pay-off value in the long term. Precious metals have always proven themselves to be a strong investment strategy, and gold is the most stable of all when it comes to investments.
Gold coins are great way to invest because they are readily available, easy to purchase and sell, and either stay stable or appreciate. They never lose value. When considering gold coins for investment purposes, keep in mind that the value of gold collector’s coins is based on heritage, condition and beauty.
Antique and low mintage coins that are rare will always carry a high value. Gold coins like the Saint Gaudens Double Eagle gold coin is prized for its incredible beauty. Another highly prized gold coin is the American Eagle gold coin, the official bullion coin of the United States.
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American Eagle bullion coins are short in supply, but investors jumping to own them due to a recent sharp retreat in gold prices.
"Due to the unprecedented demand for American Eagle gold one-ounce bullion coins, our inventories have been depleted. We are therefore temporarily suspending all sales of these coins," the U.S. Mint told authorized coin dealers in a memorandum dated on Friday.
"We are working diligently to build up our inventory and hope to resume sales shortly," the Mint said.
Coin dealers from the United States to Canada reported a surge in buying of bullion coins and other gold products since prices plummeted from highs last month. The buying spree contributed to supply fears and helped boost gold prices sharply on Thursday.
The move by the U.S. Mint to halt sales caught market participants by surprise as it came at a time when the metal was sharply falling, rather than rising.
Produced from gold mined in the United States, the American Eagles have been novel items among collectors and investors since their introduction in 1986. Each coin has a face value of $50 but it is sold by authorized dealers at a premium to the price of gold.
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