When looking to buy gold coins for investment purposes in usd, the American Gold Eagle is often considered one of the best options. Minted by the U.S. Mint, the Gold Eagle features beautiful designs and is backed by the federal government. It comes in various sizes, offering flexibility for different investment budgets. The liquidity of the Gold Eagle is also relatively high compared to other gold coins, making it easy to buy and sell. The Gold Eagle does carry higher premiums, meaning the cost goes beyond the value of the gold itself. However, many investors feel the extra cost is worth it for the quality, liquidity and design of this iconic gold coin. When buying for investment, be sure to factor in premiums, liquidity, and your investment goals when choosing the right gold coin.
The American Gold Eagle stands out with iconic design and government backing
First minted in 1986, the American Gold Eagle features iconic designs by Augustus Saint-Gaudens. The obverse depicts a striding Liberty carrying a torch and olive branch. The reverse shows a male eagle in flight, set against sun rays. As the official gold bullion coin of the United States, the Gold Eagle offers investors the stability of a coin backed by the federal government. This backing, along with the beautiful designs, helps support the value and liquidity of the Gold Eagle on the secondary market.
The Gold Eagle comes in various sizes to meet different investment needs
The U.S. Mint produces the American Gold Eagle in four sizes: 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz. This range of sizes provides investors flexibility when buying gold coins. Those with larger investment budgets can buy the full 1 oz coin, while investors on more modest budgets can purchase smaller fractional sizes. While smaller coins do carry higher premiums per ounce, they still contain the same beautiful Gold Eagle design in a more affordable package for diversifying into physical gold.
Strong liquidity makes the Gold Eagle easy to buy and sell
With decades of minting now behind it, the American Gold Eagle benefits from strong liquidity. As one of the most widely traded and highly demanded gold coins, investors can easily buy and sell Gold Eagles. This liquidity is important for investment purposes, as it ensures you can sell your coins when needed. Less liquid coins can prove hard to find buyers for when the time comes.
Higher premiums mean you pay more for the quality
One downside of the American Gold Eagle is higher premiums. Because of the coin’s iconic design and backing by the U.S. government, you’ll typically pay 5-8% above the value of the gold content. Other gold coins, such as the Gold Canadian Maple Leaf, can have slightly lower premiums in the 3-5% range. However, many investors are willing to pay extra for the Gold Eagle due to its recognition and high liquidity. Just be sure to factor the premium into your investment goals.
For U.S. investors looking to buy gold coins as an investment in USD, the American Gold Eagle stands out as a top choice. Featuring a beautiful, iconic design and the backing of the federal government, the Gold Eagle has strong liquidity and value. The range of sizes offers investment flexibility, while the higher premiums reflect the quality investors can expect. When choosing the best gold investment coin, be sure to compare premiums, liquidity and how well the coin fits your investment goals.