Sept. 13, 2010
-- So many countries have created their own form of gold coins. One of the most popular gold bullion coins is the American Eagle. This coin is backed by the authority of the US government. The American Eagle is made up of 22 karats of gold. The gold in coins is often mixed with another metal because gold is so soft. To help create a sturdier coin, the mix is often less than 24 karats just like the American Eagle. The American Eagle uses two parts of silver and copper to make up the difference.
The American Eagle is a coin that cannot be purchased directly from the mint. Only authorized dealers can sell these coins. People that buy these coins do so for an investment and not for how old or rare the coin is. Other older coins are often valued for their rarity. The coin was first minted in 1986 and today is one of the most popular in the world. The Eagle has a portrait of liberty on its face with a picture of the American eagle flying over its nest on the back of the coin.
The American Eagle comes in two forms, the gold bullion coin and the proof. The proof is a special collectors set and its value is depended on the rarity, age, and condition of the coin. Proofs are produced differently than the regular gold bullion coin. Proofs are never touched by a human hand. Machines will take the coin and place it directly into a set that is sealed to protect the coin. The set will often be placed in a velvet case and come with a certificate of authenticity. Proof coins can be purchased directly from the US mint. The value of gold bullion coins is influenced by the market value of gold at the time of purchase.
It is important to know where you can buy the American Eagle gold bullion coin since they cannot be purchased from the US mint directly. Only buy these coins from a reputable dealer and one that can show that they are authorized to do so. After you do decide to purchase your coins, you will need to determine where to store your coins. Storing your coins at home in a box someplace may prove to be a mistake. Thieves may be able to take your coins and you would lose your investment.
Gold bullion coins are a great investment that can protect your income from the dangers of a rapidly changing economy. Make sure to do your research before you invest in any type of coin. Always know the company or seller you are buying from and make a plan on where you will keep your purchased coins. Without a little research, you will find that you have placed your investment at risk when it could have been avoided. Consider the American Eagle gold bullion coin for your next investment.
Visit the site as http://1stgoldbullion.com
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