One of the most desirable coins today for both new and experienced gold coin collectors is the American Eagle gold bullion coin. The reason for its popularity is the fact that it is the only gold bullion coin whose composition, purity, and weight are guaranteed by the government of the United States. Collectors and investors are assured that the coins contain their stated amount of gold.
The coins are produced from gold mined from United States gold mines. The value of the coin is based on the current market price of gold plus a small premium that covers the dealers profit. Each coin contains 22 carat gold. There is a small amount of alloy included that helps reduce wear and scratching of the coin which means that the resale value will be maintained.
The first place to look for purchasing an American Eagle gold bullion coin is at the United States mint. They are often out of stock but the mint also contains lists of dealers that could possibly have a coins in stock.
The American Eagle gold bullion coin was authorized by the bullion coin act of 1985. The front design is based on the $20 gold piece that was minted between 1907 and 1933. The reverse of the coin features a male ego with an olive branch contained in its talons flying above and Eagle's nest.
A collectible proof version of the coin is usually always available at United States mint.
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