Friday, September 22, 2023

How To Buy American Eagle Gold Coins

Don't Miss

Buy Or Sell Your American Gold Eagle Coins To The Most Trusted Online Precious Metal Dealer

American Eagle Gold Bullion Coin – How to Buy

When you are ready to sell your American Gold Eagles, SD Bullion will buy your coins at the best prices online guaranteed! Most of the time, we are able to purchase Gold Eagles at a premium over the price of gold. We make selling your coins easy and we are always actively looking to buy United States Mint American proof Gold Eagles sets, rolls, sealed monster boxes, or uncirculated or circulated bullion grade condition individual coins. Our experienced sales team will guide you in how to sell your Golden Eagle Coins to us based on current market values.

Denominations Of The Gold Eagle Coins

American Gold Eagle coins are available in four different denominations which have corresponding weights:

The most popular size is the one troy ounce.

American Gold Eagle coins are quite different from the normal clad or base metal coins that the government mints and issues. Their face value may be $5, $10, $25 or $50, but their actual value, based on the gold they contain, is far higher and fluctuates with the Price of gold as it trades in the commodity markets.

Despite being legal tender at their engraved face value, these coins should be treated as units of gold. They certainly are not intended to be spent for face value with a merchant. The official government guarantee and legal tender status does add modest value to these coin because it instills trust and confidence in prospective buyers.

We Can Help You Store Your Coins

If youre looking to securely store your gold and silver, we can help. We offer our valued customers safe storage, as well as instant liquidity, and delivery when you need it. When you buy precious metals from Silver Gold Bull, we offer to have your gold and silver delivered directly to a high security storage facility for free of cost.

Our storage facilities are audited and insured, offer low rates, zero counter-party risk and are segregated and allocated properly. Inquire with our customer support experts about our storage options today.

Recommended Reading: How Much Is 3 Grams Of 10k Gold Worth

American Eagle Gold Coin Price History

There is no clear history of the historical prices of American Eagle gold coins, and this is because there are many versions of the coin. However, to learn more about the American Gold Eagle and other rare coins, please check out our rare coins price guide, in which we will send you a comprehensive guide for you to learn more about coin investing and as well as the industry more in depth.

Are You Ready To Buy American Eagle Gold Coins

Buy American Gold Eagles I Low Price Guarantee I SD Bullion

Silver Gold Bull offers the American Eagle Gold Coins that youre looking for, at the lowest possible prices online. Our buying process is safe, hassle-free and incredibly efficient. Our team of experts will walk you through the process, step by step and answer any questions you may have.

Explore our selection of other gold coins online as well.

Set Your Spot Alert

Also Check: War Thunder Golden Eagles Generator

American Gold Eagle Coin Types

The American Gold Eagle comes in two varieties. Uncirculated strikings are more prevalent, however proof versions of the coin are also available. A buyer should assume these gold coins are uncirculated unless the listing specifically specifies they are proof coins or circulated coins.

The 22-karat gold alloy, also known as “crown gold,” is an English standard. There had been no usage of Crown gold alloys in US coins since 1834, and the gold content had reduced to a standard of 0.900 fine in US gold coins since 1837. The gold content of American Gold Eagles was increased to .9167 percent, up from .91 percent previously .

Bullion Gold Eagle Coins

The American Gold Eagle bullion coin is the most popular item in the lineup. Since its release in 1986, it has been made available by the United States Mint every year in all four weights. Over the past three decades, the mintage of gold coins has followed a pretty typical up-and-down pattern.

1.3 million people wanted the 1 oz coin when it was launched in 1986, and the demand for the 12 oz, 14 oz, and 1/10 oz pieces was 599,000. During the 1980s and early 1990s, demand for the coins dwindled until rising again in the late 1990s and early 2000s. Between 2000 and 2008, mintage figures for gold eagles fell sharply, with mintage figures ranging from 1.49 million to 110,000 to 110,000 to 270,000 for one-tenth-ounce coins, depending on the size of the coin.

Proof Gold Eagle Coins

Purchasing American Gold Eagles From Jm Bullion

When you decide on an American Gold Eagle coin from JM Bullion, youll find that we proudly accept a variety of payment methods for the American Gold Eagle you purchase. We accept most major credit/debit cards, with an average one-business-day processing time. Bank wire and PayPal transactions are processed immediately, releasing your coins into our shipping queue the fastest. Paper check payments are accepted, but take an average of four to six business days to process. Paper check, ACH, and bank wire transactions quality for a 4% discount.

All JM Bullion shipments over $199 qualify for free shipping and insurance. We package all products in discreet boxes to protect the identity of your shipment. All packages are sent out via UPS or the US Postal Service, with expedited shipping available from both carriers with an additional fee. If your shipment is lost or stolen, well work to provide you with a replacement product or a refund of your purchase price.

If you have any questions about the American Gold Eagle, dont hesitate to reach out to JM Bullion. Our associates are available on the phone at 800-276-6508, online using our live web chat feature, or via email. On our website youll also find the price of gold and silver updated live throughout the day!

Recommended Reading: War Thunder Golden Eagles Code

Oz Gold Philharmonic Coin Austrian Mint

The Philharmonic Coin by the Austrian Mint resonates with the beautiful music produced in the Vienna Concert Hall. It was the first gold bullion coin out of Europe explicitly produced for investors. The Austrian Mint had the idea for the coin in 1986 and was officially released in 1989.

All of the Gold Philharmonic coins for sale today contain .9999 pure gold and have a legal tender value of 100. Any investor who has a taste for elegance and is looking for a coin thats easy to obtain can count on the Austrian Mints beautiful Gold Philharmonic Coin.

Gold Eagle Errors & Varieties

Is the American Gold Eagle the Best Gold Coin to Buy?

American Gold Eagles are struck with exceptional precision and careful attention to detail. This has led to relatively few Gold Eagles escaping the mint with imperfections. Still, nobody is perfectincluding the United States Mint. A few resultant varieties have therefore emerged among the American Gold Eagle coins. The bulk of these are known for the tenth-ounce $5 and quarter-ounce $10 series, with both sharing the 1999-W Uncirculated Strike Made from Unpolished Proof Dies variety.

1999-W unfinished proof dies 1/10 oz American Gold Eagle. Image: USA CoinBook

While the name is self-explanatory as to what this variety entails, what isnt necessarily evident is how these coins are identified by collectors the West Point Mint did not intentionally strike non-proof Gold Eagles in 1999, so any non-proof 1999 $5 or $10 gold eagle with a W mintmark can be attributed as having been struck by unpolished proof dies. Numismatic experts believe about 14,500 of the tenth-ounce eagles were struck this way while 10,000 of the quarter-ounce eagles feature this variety.

Another interesting variety is a 2015 tenth-ounce gold coin with narrower edge reeding than normal. This variety shows finer, more tightly spaced reeds than the wider reeding pattern seen on most 2015 tenth-ounce Eagles.

Don’t Miss: Wow Classic Gold Buying Ban

Investing In American Eagle Coins With An Ira

As mentioned above, American Gold Eagle coins can be held in Self-Directed Individual Retirement Accounts . These self-directed accounts are a great way for concerned investors to hold assets which are different than conventional securities stocks, bonds and mutual funds which are the stock-in-trade banks and brokerages.

For most investors, who are totally reliant on Wall Street and own nothing but paper assets in their retirement accounts, buying physical gold represents true diversification.

Precious Metals IRAs are perfectly legal and growing in popularity. The IRS has very basic requirements. Bullion in an IRA must simply meet minimum standards with regards to purity. In general, investors must choose products that are .999 fine. However the IRS rules include a narrow exception for gold American Eagles as they are an official bullion coin produced by the United States Mint.

Additionally, the IRS mandates that assets owned in a self-directed IRA be held by a third party custodian. That means choosing a depository to store any gold or silver bullion coins. Not to worry. Arranging for storage is remarkably simply and often costs less than $100 per yearabout the cost of a bank safe deposit box.

Yearly Mintage Numbers For Gold Eagle Coins

Each year, a limited number of Gold Eagles are minted by the US Mint. Over time, the yearly production totals have fluctuated significantly, depending on market demand and the supply of gold.

Gold has always been a safe-haven from crisis, including the uncertainties of the stock market. This is reflective in the mintage numbers of Gold Eagles. In 2007, for instance, when the stock market was near an all-time high, mintage for Gold Eagles was at an all-time low. In just two years, the mintage jumped to its second highest level of all time, reflective of the economic uncertainty and pessimism that followed the stock market meltdown. This is an excellent example of the function of Gold in the investment world. People flock to precious metals in times of economic uncertainty, and with the future looking more uncertain than ever before, now is the time to invest.

Read Also: How To Use Candy Crush Gold Bars

Why Invest In Gold

One of the main reasons to invest in gold is its global appeal. No matter what country you are in, gold is viewed as a valuable and rare asset. If youre looking to add diversity to your investment portfolio, consider buying gold. Gold is simple to purchase, store and relatively affordable, especially when bought up as legal tender bullion coins. People buy more American eagle coins than any other type of gold coin. One reason for this could be that the coins are available in four denominations.

Gold American Eagle Coin

2004 1/10 oz Gold American Eagle BU Gold Brilliant ...

Monex gold American Eagle price charts feature ask prices per ounce for 22-karat, or .9167 fine, gold American Eagle coins. Available in units of 10, each gold American Eagle coin contains one troy ounce of pure gold. The 3-Month Live chart incorporates the latest price per ounce for the current trading day, while the 6-Month Candlestick, 1-Year Close, 5-Year Close and 10-Year Close charts show the last gold bar price for the previous trading day. For free, insightful information about our gold price charts or products, call Monex now.

Don’t Miss: Does Kay Jewelers Sell Real Gold

Buy 1 Oz Gold American Eagle Coins For Investment

Gold American Eagles are the most popular and liquid bullion coin in the world. They are also among the most beautiful. The modest additional premium that investors pay to purchase these coins will almost certainly be returned to them when it is time to sell them. In other words, the beauty, trust and confidence offered by both gold and silver bullion American Eagles make them a cut above, whether you are buying or selling. When you’re ready to buy American Gold Eagle coins, Money Metals is here to help!

Buy The 1 Oz American Gold Eagle Coin At Sd Bullion

The 1 oz Gold Eagles price here on SD Bullion is the lowest online when evaluating the premium price over the gold price, and the coin has seen plenty of variation over the years to make it perfect for collecting. While Roman numerals were used through 1991, all coins from 1992 to the present rely on Arabic numerals, for example. In addition to the 2017 1 ounce American Gold Eagle, we also sell 1 oz American gold eagles in a variety of dates , which could help the budding collector begin building their investment portfolio while they amass a variety of beautiful, historic 1 oz Gold American Eagle coins.

Recommended Reading: How Many Grams Is 1 10 Oz Of Gold

Why Buy 1 Oz American Eagle Gold Coin

American Eagle are the most famous gold bullion coins in United States. This bullion coins has legal tender status in its country of origin. Therefore, they are highly liquid in United States. They have become quite popular bullion coin internationally, which makes them easy to trade. Gold American Eagle coin have been in high demand since every year since their introduction, mostly due to their beauty and history. As a highly popular USA Gold piece, the Gold American Eagle is a great bullion coin that add diversity to investor portfolios.

American eagle gold bullion coins are a good choice for american investor looking to add physical gold in their portofolio. Those bullion coins offer tax benefits under Individual Retirement Account plans .

Like the gold Krugerrand, the American Eagle contains an alloy of 22 carats gold . Therefore, it is a highly resistant gold coin, ideal for transport. American Eagle gold coins are guarantee by the US government for their weight, content and purity.

Whats The Difference Between Bullion And Proof Coins How Much Is A Gold American Eagle Coin Worth

Gold American Eagle Coins Review | APMEX®

While bullion and proof coins are both produced as investment pieces, there are a few notable differences between the two.

Bullion coins derive value from the amount of precious metal they contain, versus from other factors like face value, market supply, and investor demand. For example, the valuation of a one-ounce bullion Gold American Eagle is based on the one Troy ounce of gold it contains, versus other factors like the virtually symbolic $50 face value it carries, how many of them there are available for purchase, or how sought after they are. Since bullion coins are traded on commodities markets, their values are inextricably linked to and fluctuate with, spot prices of the precious metal, as the commodity value is called. Although many bullion coins, such as Gold American Eagles, bear face values, these figures are nominal and are far outweighed by how much gold, silver, or other precious metal the pieces contain. Also, bullion coins are only sold initially through reputable dealers like the United States Gold Bureau, and not through the U.S. Mint directly.

To preserve quality and elevate presentation, proof coins are sold in protective capsules mounted in luxe satin-lined display cases. A certificate of authenticity also accompanies them.

Don’t Miss: Buy Gold Dubai

Gold Bullion Coin Act Key Provisions

The main provision in this act is that all of the gold used to create and mint American Eagle Gold coins must come from mining sources in the United States of America. And they will only use 22 karat gold purchases to mint these coins . They created this program in an effort to compete with the South African Krugerrand, also made of 22 karat gold.

Mintage Of The American Gold Eagle Coins

Under the Gold Bullion Coin Act of 1985, the United States Mint is legally obligated to use gold to produce the American Gold Eagle which is sourced from within the United States. It is also obligated to produce the bullion coins to meet demand among investors, which means the mintage figures for the uncirculated American Gold Eagle can vary drastically from year to year.

When the uncirculated Gold Eagles were first introduced, the coin program was met with intense demand among investors. The initial release year of 1986 featured the following mintage figures, which remained all-time highs until the Y2K scare:

  • 1 oz 1.362 million coins
  • 1/2 oz 599,000 coins
  • 1/4 oz 726,000 coins
  • 1/10 oz 912,000 coins

Originally, the 1 oz gold coin in the series was the most popular with investors. However, when it was introduced the price of gold was much lower than it has been throughout most of the 21st century. Economic scares have the ability to impact the mintage of the coins and the popularity of particular designs. While the 1/2 oz and 1/4 oz coins have yet to surpass their initial 1986 mintage figures, the 1 oz and 1/10 oz coins set new records in 1998 and 1999. The following mintage figures represent the highest in the programs history:

  • 1999 1/10 oz Gold Eagle 2.75 million coins
  • 1999 1 oz Gold Eagle 1.505 million coins
  • 1998 1 oz Gold Eagle 1.468 million coins
  • 1998 1/10 oz Gold Eagle 1.344 million coins

Also Check: Goodrx Gold

How We Determine The Market Price Of The 1 Oz American Gold Eagle Coin

The market value of the one-ounce coin is directly related to its value on the commodity exchanges, such as the COMEX. Like shares in a publicly traded company, gold futures contracts are bought and sold on a continuous basis during the trading day. The price, sometimes referred to as the spot price, will fluctuate from moment to moment.

Money Metals Exchange reports and displays the live pricing for gold at the top of our website.

Finding the total price of a 1 ounce American Gold Eagle coin requires taking the spot price and adding a premium to it. Premiums vary, depending on the item and quantity. They are determined by the production cost of the coin and by the profit margin included by the dealer, but mostly by supply and demand. Like most products in any market, buying in quantity generally means lower cost.

For people who want to buy gold coins regularly, lower premiums are available for those who join our monthly membership plan.

More articles

Popular Articles

What Is Xbox Live Gold