American Gold Eagles
Many people have come to find the American Gold Eagle coin to be extremely attractive for a wide variety of reasons. While some individuals purchase them because they are a sound investment, there are others who just want to build a collecting of these coins. American Gold Eagles were first minted in 1986, following the passage of a bill by Congress that approved their official creation.
These stunning coins are made available in four separate troy ounce values. These weights span a tenth of an ounce to a full ounce of pure gold content. A fact that is not widely known is that these coins are required to be minted from gold that originates in the United States of America, that is, the precious metal must be mined here.
Augustus Saint-Gaudens’ rendition of Lady Liberty appears on one side of the American Eagle coin. She is lovely with her flowing hair, and she carries the torch and the branch of an olive tree in either hand. An American bald eagle appears on the opposite side and also carries the symbolic olive branch above a female eagle with her young in a nest. Miley Busiek is the artist responsible for the original design.
The value assigned to these coins complies with the current price of gold and will, of course, be dependent on the weight of each coin’s gold content. The value fluctuates with the market, so the price will go up and down along with the price of gold. The face value of this rare coin does not indicate its value; this is determined by its actual gold content as compared with current price of gold. Fifty-dollar American gold eagles that weigh an ounce have been recently sold for more than a thousand dollars apiece because of the current record prices that have recently been achieved.
The number of coins that have been purchased for investment purposes has gone up sharply this past year, as the current economic climate has made gold a relatively safe place for people to put their money.
If you are considering the addition of gold in a physical form to your investment portfolio, the American Gold Eagle is one of the most highly regarded investments available. These lovely coins are ideal for gifts when you consider their value to future generations.