There is no question that gold is a smart way for investors to protect their money, especially when compared to unstable stocks. However, you have more options than just bars of gold bullion. If you are interested in numismatics, you can always invest in Gold Eagle coins to strengthen your collection. Here is a closer look at why these gold coins are reputable options for the modern investor.
What Are Gold Eagle Coins?
American Eagle Gold Bullion Coins were first established in 1985, thanks to the Gold Bullion Coin Act. They are made from 22-karat gold for added strength. The amount of pure gold within this alloy is imprinted on the coin itself.
The obverse, or front face of the coin, uses the same design as Augustus Saint-Gaudens's $20 coin, which was made from 1907 to 1933. This includes the word “LIBERTY” as well as the year the coin was minted.
The reverse side was designed by Miley Busiek Frost, and it displays an eagle with an olive branch hovering over a nest. Inside the nest is another eagle and a group of hatchlings. This side also features the text “E PLURIBUS UNUM,” “UNITED STATES OF AMERICA,” and “IN GOD WE TRUST.”
Why Should You Invest in Them?
For thousands of years, gold has been trusted as a beautiful and valuable metal, which makes it ideal for a reliable investment. This precious metal retains its value, regardless of fluctuations in the economy, industry, or stock market. If your money is stored in bullion form, it will not be vulnerable to spontaneous crashes.
Plus, American Eagle Gold coins are backed by the United States Government. When you purchase a piece, you can rest assured that its weight, purity, and content are guaranteed. You can even add American Eagles to your IRA and use them for retirement expenses.
If you are ever in a bind, you can easily trade or sell these tangible assets to other investors or coin dealers. You can also buy more from trusted dealers to diversify more of your portfolio. Plus, there are four different sizes to suit every budget: 0.1, 0.25, 0.5, and 1 oz gold coins.
If you are eager to find a reliable coin dealer in the Cincinnati, OH, area, head to Coins Plus today. They are proud to carry the title of the city’s only “National Award Winning and PNG Dealer” and have been building their reputation since 1972. Whether you are interested in buying and selling gold bullion or appraising your coin collection, you can trust their experts to provide accurate and knowledgeable guidance. Learn more about their offerings online, or call (513) 621-1996 to speak with a staff member.