American Eagle Gold Coin: Things to Know

The officially sanctioned American eagle gold coin was first minted in 1986 following the Gold Bullion Coin Act being passed in the preceding year. Since then, almost 15 years later, the American eagle is still going strong and has, in fact, become a favorite of serious investors all over the world. Notably, the American eagle is preferred by almost the majority of gold investors in all corners of the world, despite the fact that other types of gold coins are available from other national mints. The global preference for the American eagle gold coin is not just an accident but is founded on solid logic. The following are some reasons as to why such preferences have become commonplace even for non-American investors.

Karat The American eagle gold coin is made of 22-karat solid gold that has not been found flawed by any authority from any part of the world. These coins use 91.67 percent fine gold, which makes the gold extremely sturdy. Furthermore, the composition of the coin material is such that it does not allow for scratching or any other kind of damage.

Design The design on the obverse of the American eagle gold coin is inspired by an earlier concept of the famous and highly respected Augustus Saint Gauden. The inspiration comes from Saint Gauden's design of the early 20th century that was used for USD 20 coins minted between the years of 1907 and 1933. The design depicts a full-length image of Lady Liberty holding the torch and olive branch in her hands. In contrast, the reverse side features a bald eagle carrying an olive branch in mid flight to its mate and nest full of hatchlings.

Guarantee The biggest draw for serious investors is the fact that the US government guarantees the gold content, purity and the weight of the American eagle. Surprisingly, this is the only gold bullion coin in the world that carries the guarantee of a national government with it.

Privacy Another advantage of investing in the American eagle gold coin is the fact that they can be bought with complete privacy assured. For example, even though there are dealers who operate in different manners, it is easy for a person to find a dealer who does not ask for a social security number or any other kind of identification to sell the coins.

The above-mentioned four points are the primary reasons why the American eagle gold coin is so popular amongst investors all over the world today. It should be noted that the value of the American eagle gold coin is not its face value but the current cost of the gold in the world commodity market. Therefore, as gold is considered to be one of the most stable and reliable investment instruments, investing in the American eagle gold coins is the best option in the current environment of projected economic uncertainty.