1. Finance

How to Buy the American Eagle Gold Coin from coin dealers online?

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The American Eagle gold coin is among the most widely recognized gold coins in the USA. it is manufactured by the U.S. Mint and circulated across the country for sale. Though the U.S. Mint manufactures these coins, they can only be purchased through their authorized coin dealers. Luckily a complete list is provided on the U.S. Mint website in a state-wide distribution.

Apart from the authorized coin dealers, many local gold dealers also keep a collection of the American Eagle gold coin, though they may not have a very wide variety because they may be subsidiaries that do not experience huge demands. If you plan to buy gold coins manufactured by the U.S. Mint, from coin dealers online, first check the product details. The American eagle is known for its distinct engravings, many of which fetch a higher rate than the face value of the coin for their numismatic value. On the obverse side, the American Eagle has the inscription of Lady Liberty and the year of its mint. On the reverse side, one can see the majestic engraving of the American bald eagle with the inscriptions –

  • United States of America
  • E Pluribus Unum
  • In God We Trust

The American Eagle coin is a 22-carat coin and has a composition of 91.67% gold, 3% silver, and 5.33% of copper. With coin dealers online, you can also purchase the American Eagle that was minted in different years and of different sizes. Normally, the 1 oz to 10 oz sizes are in huge demand because they are highly liquid, that is, they can be easily sold in parts with and coin dealer locally when one wants to cash in their investment.

With coin dealers online one can now purchase gold coins from dealers anywhere with the convenience of staying at home. There is an alternative to buy gold coins from foreign dealers too, however, one must be aware that they will have to pay import duties on these purchases. The benefit of buying from the US-based coin dealers is that the gold coins will be shipped in a discreet package that is fully insured and this will only cost a small premium.

You can shop for gold coins minted by the U.S. Mint anywhere across the USA, just ensure that the coins have the marking of purity and originality as described on the U.S. Mint website.

 

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