American Eagle Gold Coin

American Gold Coins Are A Great Investment

American Gold Coins, typically those from the nineteenth and twentieth century, are among the most sought after rare coins available. Often noted for their beautiful designs, these coins were first minted in 1795. The rate of gold did not fluctuate nearly as much during that time as it does now. During the time of the Great Depression, President Roosevelt ordered that all gold coins be confiscated and melted down into gold bars. This is one of reasons why rare gold coins prior to 1933 are nearly impossible to find. According to a few gold coin collector websites, less than 1% of pre-1933 coins are available today.

A few of the most popular pre-1933 coins included the one dollar liberty morgan coin which was minted from 1878 to 1904. The liberty coin was made of about 24 grams of pure silver. Another set of coins minted during this time was the twenty dollar gold double eagle coins. These particular coins could be found with either the double eagle liberty head design or the double eagle saint gaudens' design. The double eagle coins were minted in 1849 and consisted of 10% copper alloy and 90% gold.

It was not until 1985,when Congress passed the Gold Bullion Coin Act, that the american eagle gold coin was first made available to the public. Bullion coins are defined as coins struck from precious metals and kept as an investment. The gold bullion coins available like the bullion eagle and the canadian gold maple leaf are just examples of these types of valuable coins. The american gold eagle coin can be purchased in varying denominations such as 1/10, 1/4, 1/2 and 1oz. The face value of these coins can range from $5 to $50 dollars but the actual sale and auction of the american eagle coins are based on the ever fluctuating gold market.

The eagle was not the only coin made available during this time. The american buffalo gold bullion coin is also one that would make a great investment. In June 2006, the first 24 karat gold bullion coin was made available for purchase. The american buffalo prices ranged from $800 for the proof coin in 2006 to over $1400 in 2009. In just three years the price nearly doubled. Even though the legal value is only $50, the american buffalo coin is the only pure gold coin the US government has ever minted for the public.

 Many american gold coins have stood the test of time. Some surviving from as early as 1878 and on. While the earlier coins are indeed a rarity those that are available were kept in remarkable condition. Not to be outdone, gold coins like the american eagle and american buffalo are particularly valuable especially when the gold market is in high demand. Adding gold coins to a growing investment portfolio could turn out to be a very profitable idea.