What Are American Eagle Gold Coins?
American Eagle gold coins are produced by the United States Mint and were first sanctioned in 1985 by Congress.. They are guaranteed by the U.S. Government and have a face value of fifty dollars. As the price you buy them from the mint is tied to the spot value of gold, the cost will vary from day to day. The Mint charges a small fee to cover it's expenses. In the , dealers might sell them below or above the gold price.
On The American Eagle Gold Coin's Design
The image of Liberty was selected to be on the face side of the coins was a design by Augustus Saint-Gaudens first minted in another gold coin issued in 1907. Lady Liberty carries a torch and an olive branch. A nest of eagles is on the reverse side. The bullion coins can be bought in the one ounce weight or in fractions of an troy ounce.
The Mint Sells Uncirculated And Proof Bullion coin Editions Too
The minting of bullion coins in the Uncirculated and the Proof series have need of a more labor-intensive mintage method described on the U. S. Mint's website, which also has more details about them. They are sold at a fixed price, unlike the gold coins that are sold for investors and not collectors.
Reasons For The Rising Interest In Gold
Folk are flocking to gold for a variety of reasons. There are concerns about the decline in the dollar's value, the viability of financial institutions; the potential for inflation due to what is termed quantitative easing by governments to name a few. Whatever the incentive, demand has been too heavy for the Mint to keep up with enough supply to match.
Numistatists Need To Know The Difference Between The American Eagle Gold Coin And The American Buffalo Gold Coin
The American Eagle dominated the gold bullion coin market when it was introduced. According to a Mint official, 60% of the global gold coin market is dominated by 24 carat gold bullion coins, with 22 carat coins making up the balance. Due to the world gold bullion coin market being skewered towards 24 carat bullion coins, and as The United States had nothing to offer this market, Congress approved the mintage of the 24 carat American Buffalo bullion coins. These were added to the 22 carat coins in the Mint's catalogue of precious metal coin offerings in 2005. These were finally made available to the market in 2006. Even though gold bullion coins have not been in circulation since 1933, features conducive to circulation have been reflected in the metal composition of gold bullion coins produced by the Mint. - 23208
On The American Eagle Gold Coin's Design
The image of Liberty was selected to be on the face side of the coins was a design by Augustus Saint-Gaudens first minted in another gold coin issued in 1907. Lady Liberty carries a torch and an olive branch. A nest of eagles is on the reverse side. The bullion coins can be bought in the one ounce weight or in fractions of an troy ounce.
The Mint Sells Uncirculated And Proof Bullion coin Editions Too
The minting of bullion coins in the Uncirculated and the Proof series have need of a more labor-intensive mintage method described on the U. S. Mint's website, which also has more details about them. They are sold at a fixed price, unlike the gold coins that are sold for investors and not collectors.
Reasons For The Rising Interest In Gold
Folk are flocking to gold for a variety of reasons. There are concerns about the decline in the dollar's value, the viability of financial institutions; the potential for inflation due to what is termed quantitative easing by governments to name a few. Whatever the incentive, demand has been too heavy for the Mint to keep up with enough supply to match.
Numistatists Need To Know The Difference Between The American Eagle Gold Coin And The American Buffalo Gold Coin
The American Eagle dominated the gold bullion coin market when it was introduced. According to a Mint official, 60% of the global gold coin market is dominated by 24 carat gold bullion coins, with 22 carat coins making up the balance. Due to the world gold bullion coin market being skewered towards 24 carat bullion coins, and as The United States had nothing to offer this market, Congress approved the mintage of the 24 carat American Buffalo bullion coins. These were added to the 22 carat coins in the Mint's catalogue of precious metal coin offerings in 2005. These were finally made available to the market in 2006. Even though gold bullion coins have not been in circulation since 1933, features conducive to circulation have been reflected in the metal composition of gold bullion coins produced by the Mint. - 23208
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Read more information on American Gold Eagle Coins or how to buy Buy American Gold Eagle Coins through The Precious Metal Shop.
posted by X - Men @ 3:56 AM
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