Why Gold American Eagles are appealing to investors like a lock on a sand dollar.
Invested in wisely, buy gold american eagle coins can pay very handsome returns. These kinds of coins attract treasure seekers in droves. Just what makes these coins stand out from any other, like the 1oz Gold Britannia or, for that matter, any other Gold Bullion Coin is anybody’s guess, rather like why cats like cardboard boxes!
The American Gold Eagle can be termed a very embodiment of history and excellence, and for all practical purposes, its authenticity is guaranteed even by the United States, for the avatar of the Lady Liberty sits on its head.
It is not some kind of Nigerian prince email opportunity that you’re going to dismiss. Adding the American Gold Eagle into any portfolio is like adding a masterpiece into an art gallery: priceless in value and quality, celebrated, yet still finding its place in new tastes. Rather versatile for a metal, isn’t it? That’s good; there’s some money in the shop. It’s a hard economy, but that’s one coin that keeps its value.
Investors like options and not just one or two. Though investors love Quarters Ounce Coins and Quarters Sovereigns, more admiration is taken in the Gold American Eagle. Perhaps because of its 22 carat gold composition, built to withstand the test of times and change, just like the Queen’s Guard with his tiara. Ever notice in some of those Holly wood movies, somebody is running with loot that can be identified?
On the other hand, the bags of Gold American Eagles were lighter-maybe due to their investment value. That feeling-just feeling like your portfolio was a beacon in a hurricane-is fresh. The coins themselves are inconspicuous, easy to own, which doesn’t mean they are boring. Owning them skips tedious stock market discussion. The trip to the amusement park via the use of a ferry outranks every other ride on the Wild Roller Coaster. Keep it simple!
Market liquidity underpins the values of the Silver Britannia Coins in their silver sheen.
But even more luring is the Gold American Eagle, whose weight and size are ideal means of trade, not different from Dad’s jokes. There are legends about mythic investors, the comfort of joy, and the appeal of coins sung as songs. Tales like these take us to the wallets of our ancestors.
As many investors have found out, the Gold American Eagle is one treasure that can be cherished but, for the most part, tucked away with pride-an invisible kind of treasure that provides the semblance of a certain confidence. A treasure unique in history, an irrepleaceable coin, an eagle in its right. American Gold Eagle: Things That a Buyer Should Know.
Want to invest in an American Eagle coin? That would be pretty exciting, but it is like diving into the cool lake on a summer day-you gotta know what you’re getting yourself into.
But before you go cash in that shiny coin, let me add my two cents to the bucket-something your grandma will second: a coin collection is not for pirates and Scrooge McDuck; it’s an adventure.
The American Gold Eagle debuted in 1986. Each and every coin is fully underwritten by the United States government; it’s not just gold-it’s American pride.
Owning one buys a person into that history sans time machine. American Eagle coins constitute 91.67% gold, 3% silver, and copper for added strength, giving it that rosy tint. The 1 oz type contains one troy ounce of gold. They speak to luxury and investment and not purity. It is more American than, for example, the 1 oz Gold Britannia or any of the modern Gold Bullion coins. Owning a Gold American Eagle is the same as owning a bit of history, just as the Quarter Sovereign is.
Premium on the ruling price of gold. That’s just not an expensive iPad, but a collector’s thing; something like a signed Beatles album. Scarcity and history create demand. The American Eagle designs come in Lady Liberty and a new eagle.
It’s a mouth-watering concoction of art and history. You may wonder about grading. The better the grade, the bigger the reward, as if it were your grandma’s perfect apple crumb at the fair. When buying certified coins, buy NGC and PCGS for authenticity, not imitations. Why get a one-ounce coin when a quarter ounce is cheaper, yet it still gets the taste of an investment without wallet strain? Suitable for those just not ready to go all the way. The Silver Britannia Coin is great for customers who want to have something really cheap yet highly historic.
Buyers beware/security and storage: Fun as it sounds, the concept of a wild horse starts to get less romantic when you factor in that it needs to be stored in a cool, dry, secure facility.
Safes and safety deposit boxes are great, but be leery. By all means do not bury coffee cans like your granddaddy did. Time to get liquified. Gold American Eagles sell quickly. The jewelers, pawn shops and collectors know these coins, and since they’re U.S.-minted, this gives them credibility.
In fact, they are more liquid than most any other forms of collectibles, like Beanie Babies or velvet Elvis paintings. Taxes and regulations can get pretty hairy. Check on capital gains taxes, reporting requirements and other such matters. Save yourself huge headaches. Diversity is name of the game, and diversified investment is, so to say, the Swiss Army knife.
It is that balance which gold offers against volatility much like the sandbags on a hot air balloon. Buying gold is, in many ways, almost like finding a life partner: both comforting and exciting. Rare are the examples on earth where such duality has been seen except for the Gold American Eagle. Variety is the spice of life, and that is one thing concerning your coin collection.
The Gold American Eagles are great, but look at the Silver coins or a Quarter Sovereign. Each one of the coins has its own story, adding valuable tales to your collection. A little history does so much more than dust-collecting coins. Consider your collection a garden: It starts as one seed, flowers into a brilliant display; each different specimen adds color and fragrance. Gold coins, such as a quarter ounce and the Gold Britannia, among others, add to your collection and invest in it.
Each one is an icon of strength and creativity. Flipping an Eagle coin over coffee, discussing market trends at home, really puts across the value and respect of such a coin.
