The American Gold Eagle Coin is more than just a beautiful piece of patriotic design. It is an excellent savings vehicle that provides diversity to your portfolio with a hard asset that is both secure and internationally recognized. As the official gold bullion coin of the United States, the American Gold Eagle is highly collectible and offers guaranteed quality backed by the US Mint.
Composition and Durability
By law, the American Gold Eagle is composed of 91.67% gold that comes from the United States, making it officially 22 karats, or “crown gold.” These coins are also made from 5.33% copper and 3% silver to add durability to the coin. This unique composition ensures the coin’s longevity and durability, making it ideal for those seeking a long-term hedge against economic uncertainty.
Quality and Collectibility
Each American Gold Eagle is authorized by the US Congress, with the weight and content of each gold coin backed by the US Mint. This is why they are highly collectible, with their quality guaranteed. Every official Gold American Eagle Coin carries a respective legal tender face value, although they are always traded based on their overall gold content plus a premium.
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Available Sizes and Eligibility for Gold IRA
American Gold Eagle Coins are available in various size designations, including 1/10 oz, 1/4 oz, 1/2 oz, and 1 oz, making them accessible to investors of all levels. And because they are Legal Tender US coins they are also eligible for Gold IRA.
Wrapping it up in Gold
The American Gold Eagle Coin is a beautiful and patriotic addition to any long-term savings or investment portfolio, safely preserving your purchasing power outside of the banking system.
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