American Eagle Gold Coins – How To Buy Them For Less?
There are quite a number of gold bullion coins in the market like Canadian Maple Leaf, China Panda, Australian Kangaroos, Krugerrand and many more but one of the very popular ones are the American eagle gold coins. The American gold eagle is the bullion coin produced by U.S and was 1st released by United States Mint in the year 1986.
It was produced in denominations of 1/10 ounces, 1/4 ounces, 1/2 ounces and 1 ounces. They are well circulated as their content and weight is backed by the United States Mint. American eagle gold coins are around 91.67% pure and made up of 22 karat gold.
Which type of American eagle gold coins to buy?
Be sure to decide first which type of the gold bullion coins you want to buy. There are two types which are the bullion edition and proof edition. Traders and investors will usually get the bullion edition as it’s the standard ones. Whereas for the proof edition, they have higher quality finish and processed for higher quality mint.
There are much more bullion coins produced on the market than the proof edition because an increase in proof edition coins show no value adding. The American eagle gold bullion coins comes in the usual sizes of 1 troy ounce.
So where can you buy the American eagle gold coins? The United States Mint has a list of authorized dealers. Some of them are Blanchardonline, Goldline, Monex etc. You will need to pay a premium or commission and most online dealers do need you to have a minimum amount of purchases.
What to look for when buying American eagle gold coins?
When you are looking for the online gold dealer, make sure you are comfortable in how they do their business, also check credentials first. These dealers which are professional will have legal websites that keep you updated to the gold prices and information that you need about investing in gold.
Some investors may think it’s easier to deal with online dealers as it’s faster and with more accessibility. While local dealers might be more helpful in storage and shipping costs, online dealers can do the job as well. Just be sure that the online dealers are reputable and do things the right way and there should be no problems in working with them.
Many times investors have a main worry and that’s the security of shipping. Then the next thing will be the storage on where you will keep your American gold eagle coins. If you think that the coins will not be secured enough in your house, then you can consider storing it in a bank or storage box. Talk to your online dealer and see what they can offer you.
Love it or hate it, I would really love from your opinions. Let me know what you think about getting the American eagle gold coins as an investment and at the same time show me that you are alive!