American Eagle Bullion Gold Coins
American Eagle Bullion Gold Coins - The Perfect Time to Make Inflation Work For You
By Matthew Chang
Economists won’t admit it, but we are now in recession, and with the inflationary pressures on the horizon…can you say food and gas prices? The question on the minds of many is, how can I preserve my investments against the declining dollar? Enter gold and American Eagle Bullion Gold Coins.
One very simple way to hedge against inflation is gold, and a smart way to get into the gold market is through diversifecation in US minted American Eagle Gold Coins.
With it’s introduction in 1985, Congress authorized the creation of the American Eagle as a way for investors to easily and conveniently gain access to small stakes of gold for their investment portfolios. The first actual minting and release came a year later in 1986, with 4 sizes, which are the same that are available today. The sizes, starting from smallest to largest are: 1/10 oz, 1/4 oz, 1/2 oz, and 1 oz. Interestingly, law states that the gold used in the American Eagle can only be from mines in the United States, and this practice is still in use today.
Per the U.S. Mint, the American Eagle gold coins are the only officially investment grade gold bullion coin whose weight, purity, and content are guaranteed by the government. Each coin is 22 karats. The other 2 karats that make up the total metal of the coin come from silver. The silver is necessary as gold is a soft metal, and a pure coin would not hold up without significant defacing.
The American Eagle Gold Coins are very liquid and can be quickly sold for cash at many dealers and auctions, and technically can also be used as legal tender. The 1 oz coin, for example has a face value of $50, how ever, the metal value in the coin is easily worth twenty time that at this time of writing.
As the US dollar continues to weaken, the value of the gold coin continues to rise, and no ceiling is in sight.
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