Why you should buy American Golden Eagle Coins
65Over the last 5 years the price of gold has more than doubled. Compared to the stock market, this is a very good return. The TV and radio are full of ads enticing us to buy gold. The ads are factually correct; however, they are not telling you the whole truth. These services charge huge fees and many require thousands of dollars to start investing in gold. There is an easier way, without the huge fees and only requires a few hundred dollars to get started.
The United States Mint started making the American Gold Eagle in 1986 thanks to the Gold Bullion Coin Act of 1985. The coins are backed by the United State Government and made of 22 karat gold. The American Eagle Gold Coin comes in .1, .25, .5 and 1 ounce weights with a face value of $5, $10, $25, and $50 respectively. The coins currently sell for $130, $275, $550, and $1000. The price is directly tied to the price of gold, so the coins fluctuate in price. Some gold eagle coins have a slightly higher price because fewer of them were minted and collectors are willing to pay the price.
The current stock market and currency markets are in a state of chaos, and gold has historically been a good investment during turbulent times. American Gold Eagle coins are easy to buy. The easiest way to purchase them is to find a local coin store. I would call ahead to make sure that they have them in stock as the demand has been very high over the last year. If they don’t have any, they should get a shipment every few weeks and probably can put you on a waiting list. You can also buy gold coins from the United States Mint. Their website is www.usmint.gov. On the site you can purchase a collector’s edition high relief gold coin, proof coin, and uncirculated American Eagle Gold coins. They also have other gold coins that are also good investments.
These coins are becoming very popular, as they are the best way to diversify your investments without high fees and without a large amount of money. Gold has never been worth nothing.
I have also created a hub that will help you determin what is a fair price to pay for gold coins.
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Amanda 2 years ago
I have to agree gold has been a good investment during turbulent times. American Gold Eagle coins are easy to buy.