On April 2, 1792, the recently formed Congress of the United States of America passed legislation to establish a national mint to regulate coinage officially. The Mint was authorized to forge many of the same coins we are still familiar with today, like the Golden Eagles.
A couple of weeks later, President Washington appointed David Rittenhouse of Pennsylvania as the first Director of the U.S. Mint. David Rittenhouse fundamentally believed the design of a coin reflected the sophistication and culture of a country. Rittenhouse was given the honor of hand-striking the first coins, constructed from flatware provided by Washington himself and given to him as a token of appreciation.
As the 38th Director of the U.S. Mint, Ed Moy continued the coinage legacy of the U.S. Mint until retiring in 2011. Under his tutelage, the U.S. Mint launched several recognizable coins, including 20th Anniversary Silver and Gold Eagles, the 2009 Ultra High Relief Gold $20, and the America the Beautiful Quarters Program.
As a life-long numismatic enthusiast, Ed Moy continues to participate in efforts to boost interest in modern coin collecting through education and coinage promotions. This guide will cover what investors and collectors should know about the Ed Moy Gold American Eagle signature coin series.
During his tenure, Ed presided over the end of the 50 State Quarter program, the beginning of the Presidential $1 Coin Program, the National Parks Quarter program, the mintage of the modern Saint-Gaudens Double Eagle, and the mid-2000s financial crisis and ensuing recession. He also adeptly managed the unprecedented demand for gold and silver bullion instigated by the 2008-2009 market collapses.
In 2011, Ed hung his Mint Director hat and returned to the private sector, where he continues to serve in various capacities.
Who Is Ed Moy?
Ed Moy has worn many hats apart from his role as the 38th Director of the U.S. Mint. His business savvy and prowess, public and published presence, and numismatic enthusiast make him a reputable modern-age man suitable for officiating collectible, investment-grade coins. His affinity for coin-collecting began at a young age, in the business lessons he learned working at his Chinese-Hong Kong immigrant parents’ restaurant in Waukesha, Wisconsin.
Ed has led a life of leadership and integrity in the public and private sectors. His impressive repertoire led him to become the first Asian-American director of the U.S. Mint, appointed by President George. W. Bush. Ed Moy would go on to oversee a notable roster of coin release premieres, program launches, and market-defining moments.
The Expertise Behind the Ed Moy Signature Series
Authenticity and uniqueness are key to how valuable collectible precious metals coins are. Each coin from the Ed Moy signature series is authentically hand-signed, one by one. Ed has stated whether it’s the first, 40th, or 1000th signed sheet printed, he takes pride in providing a consistently clear signature to increase the coin’s value.
Coin grading has eliminated much guesswork in determining a coin’s quality. Through streamlined grading processing, collectible coins have become even more greatly standardized and commoditized. A signature on a graded coin adds value to that coin by providing some differentiation and more secure authentication. As part of a secondary market, signature series coins carry long-term value in the precious metals industry. The U.S. Gold Bureau is proud to be an exclusive provider of this special and valuable signature series.
What Makes Ed Moy American Eagle Coins Valuable?
Ed Moy American Eagle Coins are valuable because it’s almost like having a two-step verification process for coin grading. In 2015, Ed Moy joined the NGC in an exclusive signature agreement. This means that apart from receiving a professional grade from the organization, Ed Moy’s signature provides an extra layer of authenticity security for each coin.
Ed Moy was also readily involved in launching the campaign for several popular modern U.S. coins. Notably, 20th Anniversary Silver and Gold Eagles were released during his first term. Ed was able to kick off his first year as Director of the U.S. Mint on a high note.
Thanks to the successful reception of the coins’ from collectors nationwide, the U.S. Mint transferred $750 million to the General Fund of the U.S. Treasury. Many of these coins are also highly valuable, thanks to their MS70 grading and certification awarded by the NGC.
Why Invest in Gold American Eagle Proof 70 Coins?
A coin’s value is interlinked to its rarity or scarcity. Rare coins can be more valuable due to higher scarcity or a high demand for a limited supply. Proof 70 coins are the rarest of rare investment-grade coins. As America’s official bullion coin, golden American Eagles are globally recognized and in demand.
For instance, in less than ten years, from 2010 to 2017, Golden American Eagle PF70 coins nearly doubled in value. The return on investment for these coins considerably outpaced the trajectory of the gold bullion price index. Numismatic enthusiasts often prefer rare Gold American Eagle PF70 coins because of the “perfect condition” grade received.
Investors are willing to pay significant premiums for these coins at auction. This demonstrates that while buying gold bullion coins can give investors an entry point into precious metals investing, coins with a PF70 evaluation add even more value based on their collectability.
Golden Eagles have a reputation for their top quality and durability. The durability is in part thanks to the silver and copper gold metal alloys used to strengthen the coin’s compositional structure since pure gold itself is a softer raw material. Still, the U.S. Mint ensures each coin meets a purity threshold that does not dip below 90% gold content.
Gold American Eagles are considered to be of such high caliber that investors can hold them in Gold IRAs or Precious Metals IRAs, a special type of self-directed IRA account permissible by the IRS.
What Types of Coins from the Ed Moy Signature Series are Available for Investing?
The Ed Moy Signature Series Gold American Eagle Proof 70 are available as single coins, 4-coin sets, or a full Date Run featuring one of each Gold American Eagles minted since 1986.
Annual proof sets have been released from the U.S. Mint since 1936. Investing in single coins can help stabilize your dream portfolio by providing added diversification—however, 4-coin gold sets, which include 1/10 oz., 1/4 oz., 1/2 oz. & 1 oz pieces have more add-value features built in to make the collection more precious.
Coin sets can occur within a series and often have themes. They provide more instant gratification compared to a coin series. Anticipation around these sets gives them a “must have right now” value that can maximize the return on investment.
As you can imagine, the full date run series has immense value — over three and a half decades of gold coins. Furthermore, with an ongoing series, investors can add new specimens to their coin collection as they are released. Different coin types and designs can be released each year. When placed side-by-side, coins can become more individually valuable when collectively compared.
As a collector, it’s exciting to see the variety of finishes, engravings, and each specialized feature that makes each coin unique. Coin sets connect collectors to a specific time and place, so in that sense, coin series are “eternal.”
What Is the NGC?
NGC stands for Numismatic Guaranty Company. As a third-party coin grader, the NGC has certified over 50 million coins. They’re responsible for and certifying most U.S., world, and ancient coins, tokens, and medals. Once each coin is authenticated, graded, and attributed, the NGC places each into its plastic sleeve or slab. The slab safeguards against dings and scratches to preserve the coin’s value.
An NGC certification also reassures investors against counterfeiting, misattribution, over-grading, and damage. The organization uses the 70-point Sheldon coin grading scale to evaluate each coin. The higher the coin ranks on the grading scale, the more likely it is to increase in value. Investors should note that even coins that receive the same grading can be worth different values.
What Are Proof 70 coins?
Ed Moy Golden American Eagle coins bear his signature on the outside label of the coin’s slab. The slab also shows a grading of MS70. Coins earmarked with a 70-proof ranking are considered to be in museum-quality condition. This is the highest evaluation a coin can receive.
MS tells you that the coin is in Mint State. This means the coin is in the same state as when it was first produced at the Mint and has never been used in circulation. As you can imagine, Proof 70 coins have the potential for a significant return on investment thanks to their near-perfect condition.
U.S. Gold Bureau — Your Trusted Bulk Coin and Precious Metals Dealer
During his term as director of the U.S. Mint, Ed Moy played a pivotal role in coin production. Owning one of his signature collection coins provides high-quality collector coins with a seal of approval. Investors should acquire Ed Moy's signature American Eagles from a trustworthy source. Finding a dependable dealership offering Ed Moy signature series American Eagles is also fundamental to purchasing bona fide coins.
The U.S. Gold Bureau has proudly partnered with Ed Moy to offer exclusive, hand-signed certification labels for its investment-grade coins. Our team of precious metals specialists has also authorized dealers for the NGC and Professional Coin Grading Service (PCGS). We can guarantee the origin, authenticity, purity, and quality of every product we offer.
Call us today for a best-price quote at 800-775-3504, or contact us through our live chat to find out how you can create your dream portfolio by investing in Ed Moy American Gold Eagle coins.