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These gold
coins are bought and sold every day for their gold value plus a small markup for
manufacturing and distribution. The
Mint distributes gold Eagles as they are ordered, so mintages will vary form
year to year depending on the demand for gold bullion that year. Some of the
prior years gold Eagles, particularly certain half-ounce, quarter-ounce, and
tenth-ounce coins, now trade at a collectors’ premium for their scarcity. The Eagles that we
sell are all Mint-fresh uncirculated coins of the current year. Gold
Eagles from the U.S. Mint are the most popular gold bullion coin in this country,
and now make up over 80% of the U.S. physical gold bullion market. This
bullion product has been a tremendous success for the U.S. Mint. For both
large and small purchases, gold Eagles are our biggest seller in gold bullion. And, although in
the long run it may not matter which form of gold bullion you decide to
purchase, there are good reasons for buying Eagles: 1. They are low-cost
bullion
products that are easy to buy and sell at reasonable price spreads. 2.
They are easy to store, because they're issued in space-saving Treasury
tubes, instead of the more cumbersome individual packaging that comes with
all sizes of Kangaroos, Dragons, Pandas, and the fractional-size Canadian
Maples. 3.
They are made of tough 22karat gold (91.7% pure), a much more scuff-resistant
material than the pure (99.9% or better) forms of bullion. 4.
Some of the various sizes of gold Eagles may have a value to
collectors in
the future based on their scarcity. A strong after-market has already
developed as collectors look to complete their sets going back to 1986 -
particularly scarce are some of the low-mintage half- and quarter-ounce gold
Egles from the early 1990's. We
recommend gold Eagles as our first choice for gold bullion purchases in the U.S. |
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Eagles
are struck bearing a modified version of a design by Augustus St.
Gaudens
which graced the old $20 U.S. gold coins issued from 1907 to 1933. The one ounce
size Eagle is very close in size to the older $20 coin, but was arbitrarily
assigned a nominal face value of $50. Logically, the tenth-ounce version has
a $5 face value, and the half-ounce a $25 value. But, following the lead of
the Royal Canadian Mint in dismissing with any common sense in assigning
legal tender valuations to gold bullion coins, the Mint slapped a $10 face
value to the quarter-ounce Eagle. Of course, any school-child could have
pointed out 1/4 of $50 is $12.50, but the committee that decided to call it
$10 obviously lacked even one bright child among them. The
one-ounce gold Eagle has a $50 nominal face value, is 91.67% fine gold, and weighs 1.0909
troy ounces. The most popular size bullion coin, it is issued 20 coins per
Treasury tube. Its diameter is 32.7 mm, thickness 2.87 mm. The
half-ounce gold Eagle has a $25 nominal face value, is 91.67% fine gold, and weighs .5455
troy ounce. The least popular size bullion coin, and often the lowest
mintage, it is issued 40 coins per Treasury tube. Diameter is 27mm, thickness
2.15mm. The
quarter-ounce gold Eagle has a $10 nominal face value, is 91.67% fine gold, and
weighs .2727 troy ounce. About the size of a nickel, it is popular in
jewelry. It is issued 40 coins per Treasury tube. Its diameter is 22mm, its
thickness 1.78 mm. The tenth-ounce gold Eagle is a $5 face value coin, 91.67%
fine gold (22 karat), and weighs .1091 troy ounce. Smaller than a dime, it is
a popular small gift item. It is issued 50 coins to a Treasury tube. Diameter
16.5 mm, thickness 1.26mm. |
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A gold portfolio is
simply wealth you can hold in your hands:
Only gold
is a ‘fortune’
in the traditional sense - money that is of small volume, easily transported, divisible
without loss, convenient to keep, beautiful, brilliant, and durable almost to
eternity.
When you
buy gold, you
acquire your own treasure. You can enjoy it for what it is, a beautiful holding
of gold. It’s also an economic insurance policy for you now, and later a
heritage asset for your family or heirs.
Today, we
think of a portfolio as stocks, funds, bonds, and other paper assets, but your gold portfolio is a
brilliant, lustrous, and definitely tangible asset. Just feel the weight of it!
It’s the wealth you can hold, admire, enjoy, give away, trade, or even have
made into something beautiful in the way of jewelry or art.