How To Buy Gold Bullion Coins
Gold bullion coin price is based on the weight of the precious metal and the scarcity of the coin itself. The scarcity arises from the fact that once a mintage of a coin is done for a specific year there will never be another coin of that year produced. Minted coins also offer the guarantee that comes from a reputable mint like the U.S. Mint. Gold bullion coins are generally legal tender in the country that the coin was minted.
Is Gold A Good Investment
If youre looking to strike it rich with a modern-day gold rush, youre probably in the wrong place. Over the past five years, golds price increased by approximately 36% while the S& P 500 increased by 104% during that same period. So why all the hype?
Because some view gold as a safe haven from inflation and extreme market dips. For instance, during the 2007-2008 bear market, the overall stock market plunged 33%. Gold, meanwhile, only fell 2%.
That said, gold prices can be very volatile, meaning gold isnt an entirely safe investment. In fact, you can easily craft a well-diversified investment portfolio without gold entirely.
But if you want some of that golden gleam in your investment account, aim for it to occupy only a small percentage of your investing dollars.
Buy Gold Bullion Online
There is no precious metal in the world coveted more than gold. The famous yellow metal has been a standard by which wealth is measured for centuries, and as civilizations took the first steps out of the Dark Ages and into international trade in the Middle Ages and beyond, gold was there as the standard unit of commerce used by nations and people who spoke different languages. Despite language and cultural barriers, everyone understands the value of gold. Today, gold bullion remains a primary vehicle for private investment and the protection of wealth. The JM Bullion catalog contains a wide array of gold bullion products, some of which you can learn more about below.
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Where To Buy American Eagle Gold Coins Online
ByKingster H | Submitted On August 27, 2010
So you have recently decided to direct your investments to gold. Not just gold in the strictest sense but you have decided to choose the wisest decision and go with American Eagle Gold Coins. Why exactly is this wisest decision so to speak? These gold coins are manufactured by none other than The United States Mint utilizing a mixture of different alloys other than gold like silver and copper.
You will also get to choose the size of American Eagle. The prices of which vary according to size. So you don’t have to put the whole of your investment in gold if you don’t want to. You control the exact amount that you put in, so you can be comfortable with your decisions.
There are also two kinds of American Eagle Gold coins: bullion and proof. The gold bullion coins are ready for purchase. They are excellent investments because of the quality of the coin itself and not to mention its aesthetic appearance. The designs of American Eagle Gold Coins have been renowned and appreciated in so many areas because of the quality of its aesthetics.
As a last note, you have to be very careful about counterfeit gold coins. Unfortunately, regardless whether you get it online or through coin shows, there is still undoubtedly, the risk that you have to cross. Be well informed and armed about the possibility of counterfeit coins before going through a transaction.
** Discover where to buy cheap American Eagle Gold Coins online. **
Buy Gold Bars & Bullion
Buying gold bars and gold ingots are the most popular way to invest in gold and generally the form of gold bullion that most people think about. You can buy gold bars in a variety of sizes from 1 gram to 1 kilo. Actually, a gold bar can be as big as someones imagination. Currently, the largest gold bar in history was produced by Mitsubishi Materials Corporation. The bar weighed 551 pounds and would be worth over $11 million with a spot price of $1275.
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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!
The Best Gold Coins To Buy
There are a lot of gold coins on the market. But they all fall into two basic categories: standard bullion coins, or numismatic coins.
Bullion coins simply refer to gold coins that are made almost exclusively from precious metal, in this case gold. Their attraction is that they consist of highly refined gold and are viewed primarily as an investment. Some bullion coins have an alloy to make the coin more durable, since gold is a soft metal. Bullion coins are not regarded as a collector coin, which is a different class of coin .
You can buy bullion coins from a number of government mints that produce them each year. These are generally referred to as sovereign coins, meaning they are manufactured by that government. They also come with a face value . These face values are mostly symbolic at this point, since the gold content of the coin makes them worth a lot more than the value printed on the coin. But each government guarantees they will always be worth the amount stated.
Private mints also make gold coins, called rounds. While usually of good quality, they dont come with a face value or the same government backing. This makes them less attractive than sovereign gold coins, and thus the popularity of gold rounds is limited not high .
The best rule of thumb on whether to buy numismatic coins is this:
Unless you plan to become a coin collector, avoid numismatics and their higher premiums.
Add it all up and
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American Eagle Gold Coin Description
The design of the American Eagle coin is heavy in symbolism and signifies what the country of the United States represents to the rest of the world. Other than the words depicting the nation of origin, the Statue of Liberty and the 50 stars that represent the country’s states are also present.
On the obverse side is Liberty, perhaps the most famous symbol of the United States after the flag and the dollar bill. The design was created by in 1907 and first appeared on the $20 coin or double eagle as it was also known. Other editions of the bullion coin have featured renditions of Adolph a Weinmans remarkable Walking Liberty design which was originally prepared in 1916 for the nations half-dollar coin. Also on the obverse side is the year of issue.
The reverse of the American Gold Eagle coin features Miley Busieks depiction of two eagles building a nest which signifies the strength and security of the nation to allow American families to build their own nests. The male eagle carries an olive branch in its beak representing peace whilst the female bird protects her offspring in the nest. Also featured is the Latin expression E Pluribus Unum which is a motto of Congress meaning one out of many. To the right of the nest are the familiar words IN GOD WE TRUST. The weight and denomination of the coins is also found on the reverse side.
Tips For Buying Gold Coins Safely Online In Usa Without Risk
Buying and selling gold coins can be very lucrative if you do it right. It takes time to understand this business perfectly and you have to make all necessary decisions before you dive into buying gold coins. In the past, investors could only buy gold through registered dealers. Today buying gold is easy to do without such an intermediary and can be a sound way to invest. How to buy gold coins online using credit card in the United States may include
When planning to start buying gold coins, we suggest you go for someone who is insured, has controls in place to detect fraud, and guarantees their product. Note that a good online gold dealer should have fair prices. You have to understand the price of gold especially the day you are buying, and calculate the percent over spot price the dealer charges.
Also have it in mind that a good online dealer should offer flexible payment methods. Credit and debit cards should most certainly be accepted, as should check and wire or bank transfers. You also have to ensure that the dealer has excellent supply chains. We also suggest that you verify the dealers reputation. Take your time to research testaments and recommendations from customers or other autonomous sources.
b. Be very careful
c. Dont be taken
d. Choose your coins very carefully
e. Know the market price for gold
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How & Where To Buy Gold Coins
Jeff Clark, Senior Analyst, GoldSilver
Theres nothing quite like holding a gold coin in your hand. And owning some real gold offers a number of advantages you simply cant get with other investments. And since gold is a natural hedge against the stock market, its an excellent way to diversify, too.
This article will cover the basic dos and donts of buying gold coins, including the advantages of owning them, the best gold coins to buy, the best places to buy , and how to avoid getting ripped off. With a few simple guidelines youll be on your way to owning one of mankinds longest-living assets.
This guide to investing in gold coins will seek to answer some of the common questions we hear including:
- Why buy gold coins?
- Which gold coins should you buy?
- Should you invest in numismatic gold coins?
- What are the most popular gold coins?
- Can you purchase gold coins from a bank?
- Whats the best place to buy? Can you trust online dealers?
Lets start with something about gold coins that many investors arent aware of
American Eagle Coin Program
The U.S. Mint launched the American Eagle Coin Program in 1986 with gold and silver bullion coins for investors. The program has since expanded to include platinum and palladium coins. The Mint also makes proof and uncirculated versions of the American Eagle coins for collecting.
The obverse of the American Eagle Gold Coins features a version of Liberty first used on the 1907 $20, or double eagle coin. The design, by famed sculptor Augustus Saint-Gaudens, shows Liberty facing forward, holding a torch in one hand and an olive branch in the other. Since 2021, the coins feature a newly designed portrait of an eagle on the reverse.
The obverse of the American Eagle Silver Coins uses the Walking Liberty design by sculptor Adolph A. Weinman from the 1916 half dollar. Liberty walks in profile, draped in the folds of the American flag. Her right arm is extended and she carries laurel and oak branches in her left. Since 2021, the coins feature a new reverse showing an eagle carrying an oak branch coming to land.
The Mint first released American Eagle Platinum Coins in 1997. The bullion coin features the Statue of Liberty on the obverse and a soaring eagle on the reverse. The proof coin design changes each year.
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Beautiful Obverse Design Of The American Gold Eagle Coin
Treasury officials chose a beautiful design for the obverse of the coin that is reminiscent of the majestic artwork featured on the twenty-dollar Saint-Gaudens Double Eagle, which was produced by the United States Mint from 1907 to 1933. Designed by sculptor Augustus Saint-Gaudens at the request of President Theodore Roosevelt in an effort to beautify American coinage and accurately reflect the countrys growing international prominence, it is often regarded as the most beautiful design in American coinage. On the American Gold Eagle Coin, a slenderized Lady Liberty is depicted front-facing, striding forward on a mountaintop with the rays of the sun behind her, carrying a flaming torch high in her right hand to represent enlightenment and an olive branch, a symbol of peace, in her left.
Burnished Gold Eagle Coins
It wasnt until the 20th anniversary of the American Gold Eagle coin series in 2006 that the United States Mint expanded the program to include a special burnished coin. Aimed directly at numismatists who collect and display or exhibit their beloved American Gold Eagles, the Burnished American Gold Eagle is struck using a special coining process that is similar to the one used in the production of proof coins.
The United States Mint begins the coining process for burnished gold eagles by loading all of the blanks, known as planchets, into a spinning drum. In the past, this step in the process used wet sand as a friction agent that served as a polishing media to give the blanks a unique finish before even being struck. Today, the US Mint uses countless 6mm balls to create a smooth, matte-like finish on the surface of the blanks.
Once each blank has been sent through the spinning drum, the individual blanks are taken out one at a time by mint employees wearing white gloves. The blanks are transferred by hand, wearing gloves, to the coining press in order to avoid contaminating the finish of the blanks with oil and dirt from human skin. Each blank is then hand loaded into the coining press for striking. All blanks are struck under greater pressure than bullion coins and regular circulation currency, creating a striking finish.
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American Gold Eagle Type 2 Coin Is Here
Have you heard about the 2021 American Gold Eagle new design? Collectors excitement has been mounting ever since the U.S. Mint announced a new look for the countrys official gold bullion coin last fall. The event marks a new era in American coinage because its the first time the design of the Gold Eagle has changed in its 35-year history.
This summer brings the 2021 Gold Eagle Type 1 with the designs youve known and loved since the coins inception in 1986 and the 2021 Gold Eagle Type 2 with an entirely new reverse design by a young newcomer to the U.S. Mints Artistic Infusion Program, Jennie Norris. In addition, the Mint is refreshing the obverse design inspired by Augustus Saint-Gaudens Gold Double Eagle coin.
What does the 2021 American Gold Eagle new design look like and when can you purchase one? Find out below.
Need pricing and availability for this Coin?
Should Investors Invest In American Gold Eagle Coins
Gold Eagles Coins typically command premiums of between 3.5% and 5% with GoldCore who offer some of the most competitive premiums in the U.S. for both deliveries in the U.S. and for secure international storage. They are extremely popular in the U.S. given that they are produced by the U.S. Mint and are seen as having a dual role as currency and as a safe haven asset. They are also popular investments for IRA pensions plans.
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Buy Gold Eagle Coins From The Us Mint
The American Gold Eagle is the one of two official US Mint gold bullion coins . These official gold coins, like their counterpart – The Silver Eagle, date back to 1986. Composed of 1 troy ounce of gold weight overall, comprised in hardened 22 karat gold form, Gold American Eagle Coins include both silver and copper to provide the guaranteed soft gold metal content with some rigidity. That provides the gold coin with great wear-resistance against blemishes and cuts that are possible on more pure .999 fine gold coins.
Best Customer Experience: Jm Bullion
JM Bullion provides its customers with a user-friendly website, transparent pricing structure, dedicated customer support, and investor-friendly features, making it our choice as the online gold dealer with the best customer experience.
Clean and easy-to-use shopping site
Several hundred thousand positive reviews
Doesn’t sell internationally
Since its founding in 2011, JM Bullion has quickly grown to become Inc.com’s “fastest-growing precious metals company” in the U.S. That growth can be attributed to JM Bullion’s commitment to offering a wide selection of products, competitive and transparent pricing, dedicated customer support, an automated savings plan, and a simple purchasing process. This makes it our choice as the online gold dealer with the best customer experience.
Its product selection is extensive, with a wide variety of gold, silver, platinum, copper, palladium coins, and bars, priced competitively with no commissions or additional fees. Its advertised price of a 1 oz. Gold Eagle coin was $1,933 in Nov. 2021, about a 7.4% mark-up from the spot price at the time of $1,800. JM Bullion offers members of the military the same discount it offers on bulk purchases.
Payments can be made by ACH transfer , cryptocurrency , paper check , credit or debit card , PayPal , and bank wire transfer . Credit card and PayPal payments are assessed a 4% processing fee.
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