American Eagle Gold Coins For Sale

2009 July 23
by Alan

American Eagle gold coins for sale are being sought after by investor and collector alike in these times of economic uncertainty. With inflation looming, a huge federal deficit spelling disaster for the United States and a volatile stock market, many are looking for alternative investments than the ones that have been failing since the bailouts of Wall Street starting back in September of 2008.

The American Eagle is based on the design of the St Gaudens Double Eagle orignally minted starting back in 1907. This beautiful coin features walking liberty on the obverse side and an eagle flying into its nest on the reverse side. The reverse is different than the original design, but the obverse is essentially the same.

The current American Eagle coin has a $50 face value and contain 1 ounce of 22 karat gold. They are not considered a true bullion coin, only those that are 24 karat or .9999 percent pure are considered bullion, but many treat them as gold bullion. These coins were first minted back in 1986 and the first issue of these coins are currently the most valuable or have the highest numismatic value above the value of the gold they contain.

These coins are very popular amongst collectors and investors and at one time earlier this year (2009) there was such a demand for the 2009 issue of the American Eagle the US Mint had to suspend sales of them. This was probably due in major part to the sad state of the US economy and investors expecting certain disaster. No one really knows when that’s going to happen, but those that want to protect their wealth are getting prepared by putting their money in gold.

If you are concerned about your money and what’s happening in finance, on Wall Street today and of course in the halls of our completely inept congress and President Obama, maybe you should be seeing out some American Eagle gold coins for sale. You might be glad you did.

No comments yet

Leave a Reply

Note: You can use basic XHTML in your comments. Your email address will never be published.

Subscribe to this comment feed via RSS