Gold Bullion
Five Reasons to Invest in American Gold Eagles
There are different types of gold bullion to choose from including bars and coins. With all these options, buyers continue to prefer investing in American Gold Eagles. These attractive coins are also a solid investment. Consider five major reasons why it is wise to invest in American Gold Eagles over other types of bullion.
Be American, Buy American
Buying American Gold Eagles supports the United States economy. The Gold Bullion Coin Act of 1985, signed by President Ronald Reagan, helped make these coins one of the most recognized and desirable forms of gold bullion in the world. The coins are made from gold mined in the United States. They are imprinted with legal tender face value in dollars as well as their gold content in ounces. Even their artistic design reflects the spirit and freedom of America.
Go Beyond Face Value
American Gold Eagles go beyond their face value as legal tender. While they can be used as an everyday coin, investors save them because of their gold content. The weight and gold content make them more many times more valuable than the specified face value. Coin collectors can purchase a proof produced at the West Point Mint in New York, but pure investors buy regular gold bullion and store it to preserve wealth for the future.
Flexibility for All Types of Investors
Another benefit of buying American Gold Eagles is the various weights and denominations available. Most people purchase a 1-ounce coin with a legal tender value of $50 but a value many times higher based on their actual gold content. These coins are also available in a ½ ounce coin with a legal tender value $25, a ¼ ounce coin with a face value of $10 and a 1/10 ounce coin face value of $5. People on any budget can buy this U.S. minted gold bullion to preserve wealth. American Gold Eagles also make excellent gifts for any occasion.
Stability and Liquidity
Investing in American Gold Eagles is more stable than putting money into volatile stocks and bonds. As the value of the dollar declines, hold your savings in dollars can be a questionable investment. A savvy investor creates a diverse portfolio by purchasing gold bullion. Profit margins can be healthy when the investor decides to sell these 22-karat gold coins at a later date. Online resources are a reliable and convenient way to purchase American Gold Eagles. Conversion is safe and easy since the United States government guarantees gold content and weight.
Investing for Retirement
A precious metals IRA is an excellent way to save for those golden years. American Gold Eagles are one of the precious metals that can be stored in this type of account. Gold bullion also tends to outperform traditional investments such as treasury bonds and domestic stocks.