Why Do Gold Eagle Coins Rate So High Among Bullion Coins?

The American Gold Eagle bullion coin is hands down the most popular bullion coin to own for investors and collectors alike. Gold Eagles are a class of their own not only due to the fact of being the official bullion coins of the US but for many other reasons beyond that. Impeccable design, enormous demand and liquidity and scratch resistant 22 karat composition, all of these factors contribute to Eagle’s high ratings among gold investors and collectors as well.

Even with international investors, one of the more popular types of gold coins is American Eagle coins. These are often rated highly both among appraisers and collectors alike. These particular coins allow investors to broaden their portfolio in both diversification and a guaranteed return due to the precious metal’s stable appeal. Every Gold Eagle coin price is assigned based on its weight and the spot price of gold on a given day plus dealer premium fees. Spot prices are noted in major media formats daily, weekly and monthly. The actual coin’s design is an exquisite one. The design was created by Augustus Saint Gaudens. It is an exuberant creation, which is often why it is rated so highly among gold dealers and numismatic assessors. The Gold Eagle coin was first minted in 1986 and the face denominations’ on the coins tend to be proportional to their overall weights. Each Eagle coin typically sells for much more than its face value. For example, a $5 Eagle may sell for almost $200 because of its priceless rarity and elegant specifications. Collectors find Gold Eagle coins to be the most fascinating among the bullion coins because they provide such a lucrative return.

When you are considering purchasing a Gold Eagle over another type of bullion coin, it is imperative that you research the coin itself. With so many counterfeiters and varying forms of fraud in the Gold Eagle coin and gold marketplace in general, reading up on the sellers is an important thing to look at when buying gold coins. Many gold retailer websites offer reviews on sellers and collectors who are looking to sell their Gold Eagle coins. It is also worthwhile to know how much you want to spend and what these bullion coins usually cost. Determining what kind of gold coin to buy, you should know and understand how the gold will affect your investing portfolio as well as how well it will be valued over time. Collectors want to acquire these bullion coins because they are already highly esteemed and their value continues to rise over time. Taking the bigger picture into consideration is usually one of the factors that collectors go by when purchasing Eagle coins over other bullion coins. Gold Eagle coins numismatic values are rated highly by such agencies as the American Numismatic Association. These coins predominantly are rated higher due to their United States government stamp of approval and backing, regardless of their denomination. The Gold Eagle coins are known as pure assets, because they offer built-in value to your gold coin collection.

Kayla McBride is one of the article contributors of the gold and silver investment website GoldBullionPro.com

Article Source: https://EzineArticles.com/expert/Kayla_McBride/723299

Article Source: http://EzineArticles.com/6739950

Please follow and like us: