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American Gold - Are American Eagle Gold Coins A Good Investment?

by Daniel Wright

In the past, everyone used gold coins. Now, they are more a form of investment. The most common investing coins are 'bullion gold coins.' The price of these gold coins changes every day, just like the stock market. Every country has a different gold coin, but the price of gold across the globe is connected. The United States uses a gold bullion coin called the 'American Eagle'.

One type of popular U.S.-minted gold bullion coins are American Eagles. These coins contain gold that's required to be mined from sources within the United Sates. American Gold Eagle coins were first offered in 1986 when gold from South Africa was outlawed in protest of racial inequality, and their popularity skyrocketed to meet increased demanded for precious gold.

American Eagle Coins come in 1 oz., 1/4 oz., 1/10 oz., and 1/2 oz. denominations and they're 22 carat gold, or 91.67% pure gold. The coin denomination denotes the coin's gold content, with additional metals added to the weight of that gold. Unlike the Kruggerands of South Africa which have a copper alloy, American Eagles have a silver and copper alloy which gives them a lighter yellow tone as opposed to the Kruggerands' deep orange.

On one side of the coin is a depiction of Lady Liberty holding her torch. On the other side is an image of a male eagle flying above a female eagle and their offspring. The male eagle symbolizes the United States' great power and resolve to defend itself and its people, but in the male eagle's grasp we also see an olive branch, symbolizing America's quest for peace while maintaining its strength. The design of the various denominations is the same, aside from the listed gold content.

American gold coins have both a face value stamped at the mint and an actual value based on their valuation by coin collectors. The face value gives a dollar denomination that depends on the weight of the coin. For example, 1 oz coins are stamped as $50, 1/2 oz coins as $25, 1/4 oz coins as $10, and 1/10 oz coins as $5. But to coin collectors, these marked dollar amounts are only symbolic. In fact, a $50 American Eagle gold coin would fetch around $900 if sold today.

American gold coins are among the world's most preferred gold coins. They have potent symbols arranged in a pleasing design, with the golden hue that collectors prize. As a result, American Eagles are frequently displayed for collection purposes. They are an excellent investment because their gold content and total weight are guaranteed by the United States Mint. If you collect gold coins, you need to buy at least one American Eagle.

Learn more about American gold coins at the net's premiere site covering everything related to U.S. gold coins, US-Gold-Coins.org. Whether you're interest is investing or building a collection, it's covered in our FAQ's, gold-related videos, and of course, our US Gold Coins Blog covering the latest news on U.S. gold coins!

Published December 29th, 2008

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