2006 W Burnished Gold & Silver Eagle PCGS MS70 First Strike 2 Coin Set **RARE**
The American Gold Eagle is a very exciting bullion coin. An official U.S. coin, weighing up to 1 oz, Gold American Eagle coins are a true luxury in the world of coin investing. Making up 80% of America’s gold bullion market, these beautiful gold pieces come in 1/10 oz, 1/4 oz, 1/2 oz, and 1 full ounce of pure, solid gold, guaranteed by the U.S. Government to be of the stated weight in troy ounces. Backed by the U.S. Mint for content and weight and authorized by U.S. Congress, this beautiful American Gold Eagle features Lady Liberty on the obverse side of the coin, holding an olive branch in one hand, and the iconic torch in the other. On the opposite side of the coin, you can see America’s ultimate symbol, the male eagle, carrying the same type of olive branch that Lady Liberty possesses while flying into the nest of a female eagle with its hatchlings, awaiting the father eagle’s return.
In today’s world of fiat currencies, buying gold coins still answers the need for sound money, as it has for thousands of years. Bullion coins have a proven ability to protect wealth and preserve one’s purchasing power, and gold coins offer divisible size and are universally acceptable in a recognizable form. This makes the purchase of gold coins and the selling of gold coin convenient through reputable coin dealers.-Monex
1 oz Gold American Eagle QualityTo ensure the quality and purity of each coin, the gold must come from the U.S. itself and be augmented with the alloy of copper and silver to make a more durable coin of 22 karats (91.6% gold, 8.6% copper-silver alloy), ensuring top crown gold rating, an English standard for these coins. It is a misconception that the 22 karat gold coins contain less than the stated ounce. While most investors don’t understand the true measurement of the Gold American Eagle coins, the 1 oz Gold Coins do in fact boast 1 full oz of gold. Although, the 1 oz Gold American Eagle comes at a slightly higher premium than the value of the gold’s weight, it is viewed as a great investment tool; very popular for quite some time now.
The Gold American Eagle has been a true best-seller since 1986. In fact, as many as 13 million of these commodities have sold since that time! That’s quite a vast number. The American Eagle Gold Bullion Coins have sold better than any other U.S. coin to date and for this reason, they provide the investor the assurance of fast liquidity.
As the number one gold bullion coins in the world, Gold Eagles are easy to buy. But they’re also easily converted into cash at most coin and precious metal dealers due to their worldwide recognition and government backing. You can sell them with confidence – and without delays and added expenses for assaying. Your purchase or sale is private and non-reportable.-goldamericaneagle.com
Gold American Eagle Coin As An Investment OpportunityThe Gold American Eagle poses a tremendous investment opportunity for several reasons. First, unlike our much loved platinum metals, palladium, or silver, gold is collected for accumulation, and not consumption. Gold is viewed solely as a monetary source, or for beauty, but nothing more. It doesn’t have the industrial application that many other metals are used for and as a result, its increasing value is accepted on an international level, not a regional/industrial one. Gold coins hold a pure value. In other words, with gold there is no tarnishing, corrosion, and there are no levels or grades of quality. The quality of gold remains, regardless of its age. Gold holds its value through the ages, and more importantly, as the economy sees some of the biggest economic losses in history, driving the value of the dollar lower and lower each year, it is gold that sees huge leaps in value and overall worth. Most of the world’s currencies can’t hold a candle to the value of gold and the popularity of the precious metal has increased, driving the demand up while various countries battle for the greatest gold accumulation. There are a great number of reasons to invest in gold while we face such turbulent economic times. Gold is the perfect hedge against inflation. You see, as inflation increases, the price of gold increases as well. As the outlook for many economies, especially in the U.S. is viewed as quite grim, its’ important to understand the crucial role of gold. We face multi-million dollar bailouts for corporations and banks, have a grotesquely large trade deficit, and are the biggest debtor nation in the world. With all of these unfavorable circumstances plaguing the American economy, the U.S. dollar value continues to plummet. Amidst all of this, gold continues to rise and increase value, despite the condition of the dollar.
Gold American Eagle Coins As A Safe HavenIn times of economic turmoil the perfect safe haven for your assets is in gold. This is especially true of time of war and world crisis. Gold outperforms other investments when confidence in the country’s currency is low.
Although the gold price may fluctuate, over the very long run gold has consistently reverted to its historic purchasing power parity against other commodities and intermediate products. Historically, gold has proved to be an effective preserver of wealth and a safe haven in times of economic and social instability. In a period of a long bull run in equities, with low inflation and relative stability in foreign exchange markets, it is tempting for investors to expect continual high rates of return on investments. It sometimes takes a period of falling stock prices and market turmoil to focus the mind on the fact that it may be important to invest part of one’s portfolio in an asset that will, at least, hold its value.
- Gold Coins Flying off US Mint Shelves Show Highest Sales in 11 Years (wallstreetpit.com)