Gold, silver, and other precious metals make an intelligent choice for diversifying investment portfolios and protecting against market volatility. Coins are a popular choice for collecting precious metals, as they have unique histories and are usually backed by the U.S. government. American Gold Eagle coins have become a top choice among investors due to their beautiful designs and high-quality gold content.
Coins like the American Gold Eagle 1 oz are highly recognizable, giving them a fast liquidity rate and making them a great coin to add to a collection. They also hold a special place in the world of numismatics due to their iconic design and historical significance. This article will review the top 3 reasons American Gold Eagle coins are a wise investment choice.
Made with Investment Grade Gold
Considering the quality of gold is essential when building a precious metal investment portfolio. American Gold Eagle coins are a wonderful choice as they are 91.67% 22-karat gold, 5.33% copper, and 3% silver. This specific alloy makes the coin more durable and less prone to scratches or damage than pure gold coins.
Historically, gold’s value tends to rise as currency’s purchasing power decreases, giving it resistance against fluctuating markets. Since the Gold Eagle coins have a high gold content at a 22-karat quality, they stand up well against inflation and currency devaluation.
The American Gold Eagle 1 oz Coin is Government-Backed
Produced by the United States Mint, the American Gold Eagle coins are a secure and reliable investment. The U.S. government guarantees the coins’ weight, content, and purity. Considered legal tender in the United States, the Gold Eagle coins have a face value denominated in U.S. dollars. Although they can be used as currency, their value is typically much higher than their face value due to their high gold content.
Fast Liquidity and a Recognizable Design
The American Gold Eagle coin showcases a design that enjoys global recognition and respect. On the obverse side, it bears the portrait of Lady Liberty, while the reverse displays a family of majestic eagles. This iconic design enhances the coin’s allure as a valuable investment choice.
These coins are also highly liquid and can quickly be sold or purchased on the open market. This makes them a convenient investment option for those needing to sell their gold quickly to access cash.
How Do American Gold Eagle Coins Compare to Other Gold Investments?
- Tangibility and Collectibility: American Gold Eagles hold intrinsic value, appealing to those who appreciate craftsmanship and collectibility.
- Premiums and Pricing: Often, these coins have a premium above the spot price of gold, impacting immediate returns and breakeven points
- Tax Advantages: Gold Eagle coins can offer potential tax benefits, such as exemption from certain state sales taxes and tax advantages in retirement accounts like IRAs.
A Wise Investment with the American Gold Eagle Coin
Gold coins make an excellent investment, as they are resistant to inflation, are backed by the U.S. government, and have fast liquidity.
One of the most recognizable gold coins is the American Gold Eagle 1 oz with its classic design of Lady Liberty and a family of eagles.
It’s an impressive coin for any collector’s portfolio.
