American Eagle Coins - Are They Worth it?
I would like to cover every aspect of the American Eagle Coins. In order to keep things short I have only included the major topics detailed as good as possible.
There are special coins that investors or coin collectors can make arrangements to buy. These coins unlike the normal coins will add more value to a collector’s collection. These coins are known as the American Eagle Coins.
Unlike other types of coins, the American eagle coins are not sold for commercial purposes. Instead they are issued only to authorised dealers for marketing purposes. Here is a couple of places where you should be able to find these American eagle coins:
- Brokerage Companies
- Precious metal firms
- Diverse other places approved by the US Mint.
There are also three types of American eagle coins:
The quality of these coins is amazing. As I wrote earlier these coins are not sold directly to the populace but in proof set. Consequently you must buy them at the current prices for gold and the other alloy they are made from. To make sure they all sell for the same price (according to the market rate of gold and other metal) they have a specific weight that is standard.
It is possible to buy American Eagle Coin in one ounce, one-tenth ounce, one-quarter ounce and one-half ounce denominations.
Among other things, the American Eagle Coins are also known as the American Eagle Bullion Coins. They were first released by the US Mint in 1986. at that time only the only American eagle coins usable where the gold coin and the silver coin that had at one time been in circulation. As for the Platinum American eagle coin they were brought into the open in 1997.
As of now the most expensive of these American eagle coins are those of the gold Saint-Gaudens 1934 20 dollar pieces.
In 1934 the US government banned the use of all forms of gold bullion. At that time the 20 American eagle coins were made from gold. The US government then issued a recall to melt down all the coins. However a few escaped the lot and survived. They are now hunted by every avid collector.
At last If you really are concerned in American eagle coins you should learn to properly recognize them. If you have any in your collection I would extremely advice to keep them safe.
This article was written to provide you with knowledge about the American Coins. I appreciate you taking your time to read it.
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