Posted in: Investing
How To Buy An American Eagle Gold CoinAccording to the United States Mint, the first American Eagle coin was created in 1986. During the last several years, there has been an increase in sales of this popular gold coin. In 2010, more than a million one-ounce gold coins were sold, and The Wall Street Journal reports during the first month of January 2012, more than five-million ounces of gold American Eagles were sold. Experts feel that the surge in American Eagle sales is due to the current low price of gold and its expected increase in the near future. The U.S. Mint explains that buying an American Eagle gold coin is a great way for investors to add a small amount of tangible gold to their investment portfolios. “The opportunity costs of holding gold will remain low in the future and this should boost the attractiveness of gold. We don’t see an end to the long-term uptrend in gold prices,” said Daniel Briesemann, an analyst at Commerzbank AG in Frankfurt told The Vancouver Sun. So how can you get your hands on this sort of gold investment? You will need to buy American Eagles from a brokerage company, coin dealer, bank, precious metal firm or wholesaler, as the U.S. Mint does not sell these coins directly. The United States Gold Bureau offers a wide range of gold coins to meet your needs, including the gold American Eagle coin. At a face value of $50, the price of an American Eagle is based on the market price of it's metal content, plus a small premium to cover coinage and distribution. Furthermore, investing in American Eagle bullion gold is considered safe, as it is backed by the United States Government and is accepted in international investment markets.
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