Uncertainty plagues today’s global financial markets, making it difficult for investors to find a safe place to invest their money. The economic difficulties of the past few years have left unemployment rates high and confidence in the stock market low. The risks of inflation are ever present. In such a vicious climate, many investors have been turning to the historically used investment for protecting wealth. Gold is the substance that has been used as money and a store of value longer than anything else. Investors can find an easy way to own and store gold with the American Eagle gold coin.
The American Eagle gold coin is an official investment grade bullion coin minted by the US government. With this bullion coin, investors are assured of the weight, content and purity of the coin through the guarantee of the U.S. This has greatly contributed the popularity of the coin, making them easy to buy and sell. In the market place, the American Eagle gold coin is known to be the “real deal” because of its government backing.
The Gold Bullion Act of 1985 authorized the minting of the American Eagle gold coin to provide investors with a safe and convenient method to own bullion. The first coins were minted in 1986. The obverse face of the coin features a depiction of Lady Liberty, and is inspired by the famous coin designer Augustine Saint-Gaudens’ coin designs from the early 20th century. The reverse of the coin features a bald eagle in flight, descending on to a branch where his mate and nest lie. The American Eagle gold coin is hailed by many as one of the most beautiful coins to ever be produced by the US Mint.
The American Eagle gold coin is available in several different denominations. The face value of the coins is far less than the actual value of the gold in the coin. 1/10 oz, 1/4 oz, 1/2 oz and 1 oz coins are produced. The weight classification of the coin is indicative of the weight of the gold within. The fineness of the gold is rated at .9167 in purity, with copper making up the majority of the remainder. Each coin is guaranteed to hold the respective amount of gold.
Investors will find an easy way to trade and physically own gold bullion with the American Eagle gold coin. These coins are a perfect way to store and protect wealth. Investors will find a true winner with the American Eagle gold coin.