Gold coins- Insights

Several counties around the world have minted gold coins, but by far the most popular and demanded coin continues to be the American Eagles. The United States Central Authority guarantees the actual gold coins purity, weight and content of these coins. It has not always been this way the South African Krugerrand was the coin of choice for investor for many years, that was until 1985 when the U.S. started minting their own coins. The actual make up of the American Eagle is 22 Karats and includes two other metals to make the coin harder and so it would new longer. The other two metals that are mixed in small amounts are silver and copper or 23 parts gold and 2 parts of the other metals.

These coins are widely accessible from dealers and the U.S. Mint, although there have been period when the mint has stopped producing them due to high demand and shortage of metal. These coins make a great investment in gold and they are easy to store and transport, if you have a small quantity. These two reasons is why the have become so popular as the price of gold has gone up four fold in the past decade. Another appealing aspect of these coins is their marketability, there is a good market for buying and selling these coins which means that the can be liquidated quickly if need be.

The coins are minted in different a size, which makes them affordable to most. They come in 1 ounce or $50 denomination, 1/2 ounce or $25 denomination, 1/4 ounce or $10 denomination and 1/10 of an ounce or $5 denominations. The different size has also made them appealing since several coins from other countries are not available in all sizes and one can begin investing in gold in small amounts. These coins are considered bullion coins and are priced for their gold content not rarity or age as numismatic coins are. Earlier United States coins are considered numismatic and are priced based on several factors including age, grade and rarity. These coins also have counterpart in silver or the Silver American Eagles that are also minted in the same sizes.

Even though these offer a great way to invest in gold, one must take into consideration that a safe place needs to be disposable to store the coins specially in quantity. Also any large quantity of these coins becomes more difficult to transport because of the weight. It comes down to matter of personal preference. If you would like to invest in gold and silver, but prefer to have the actual bullion in your possession. Then the American Eagles are a very good and logical choice.