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Why is the American Eagle gold coin such a popular option for so many investors? More than just the gold, it's about the trust, recognition, and flexibility that it offers. The US government completely backs the purity and weight, and the gold content of every coin ever minted. This makes it the most trusted and accepted bullion coin in the whole wide world.
The coins range in size from 1/10 oz to the classic 1 oz, making them easily fit within your goals and budget. And since gold coins always follow gold's price for 1 oz, investors are always aware of their position and can make smart, informed decisions. This blog examines every aspect of the coin, from its history, its premiums, and even selling strategies and concerns.
What Is the American Eagle Gold Coin?
You may be asking, What is the American Eagle gold coin? The American Eagle gold coin is the United States' flagship gold bullion coin, minted in 1986 for the first time ever. It's backed by the United States government for weight and purity, providing an investor with something that is considered priceless today: trust.
The combination of American values and artistry makes this coin very unique. You can witness Lady Liberty striding forward with a torch in her hand on the front of the coin, symbolizing liberty and optimism. While the back side depicts a family of eagles representing the strength of the fellow Americans and security. That perfect blend of reliability with symbolism is why so many investors opt for the American Eagle.
American Eagle Gold Coin Sizes Explained
One of the major reasons the American Gold coin is famous is because of its versatility. Rather than a one-size-fits-all approach, the US mint offers 4 different versions of the coin: 1/10 oz, 1/4 oz, 1/2 oz, and the classic 1 oz. Each coin carries a face value, although its market value is based on the gold content.
Smaller coins can seem easier on the pocket; however, their premiums are higher per ounce. This means the 1 oz gold coins offer the best value in relation to the price of 1 oz of gold.
Gold Coin Prices vs. 1 oz Gold Price
When we discuss gold coin prices, it's very important to remember that they are not based merely on raw gold value. Every coin is priced based on the market spot price of gold combined with a premium. The premium includes minting, distribution, and dealer costs. Premiums also vary depending on the size of the coin.
A 1/10 oz coin has a much higher premium in comparison to the 1 oz gold coin, even when the upfront cost seems lower. This is the reason why the 1 oz gold price is considered the standard. It's the benchmark that investors track, whether buying or selling.
Understanding Spreads & Exit Costs
The "spread" is the difference between the cost of purchasing a coin and the amount you receive when you sell your coins. It's the hidden cost of ownership, every investor should be aware of and understand. Fractional sizes like 1/10 oz or ¼ oz American Eagles typically have higher spreads as minting smaller coins costs more.
For example, the spread for a 1/10 oz coin may be several percentage points higher than the spread for a 1-oz coin. Thus, when the time comes to sell back to a bullion dealer, expect the 1 oz Eagle to yield the best or most efficient return.
Choosing the Right Size for Your Investment Goals
Picking the right American Eagle gold coin comes down to how you're planning on using it. The 1/10 oz or ¼ oz coins are a great option if you are someone who prefers versatility, as they are easier to trade or sell in smaller denominations.
For investors focused on maximizing their buying power in the market, the 1 oz coin is the optimal choice, as it has the least premium cost over the spot price. The ½ oz coin sits right in the middle, offering the perfect balance of affordability and flexibility. In practice, many of us build a blend of varying sizes to make a portfolio that has some flexibility and saves on premiums.
Selling American Eagle Gold Coins: What to Know
The American Eagle gold coin arguably has the best advantage because of its liquidity. Being recognized worldwide, selling them is usually a simple, straightforward process. It's key to always work with a trustworthy dealer who offers you fair and honest pricing based on the current market.
Here at Pacific Precious Metals, we offer transparent buyback services for sellers to feel comfortable and secure. Our process is straightforward and structured with no surprises or hidden fees. To learn more about how a resale would work, check out our article on 5 Reasons to Sell Scrap.
Why Buy American Eagle Gold Coins from Pacific Precious Metals
When it comes to purchasing the American Eagle gold coin, trust & transparency are vital. Pacific Precious Metals is a prominent bullion dealer in the Bay Area. With in-store and online options, we try to make your purchasing experience as smooth and safe as possible.
All coins are guaranteed and authenticated, and the pricing is based on real-time gold markets, so buyers know exactly what they are paying for and receiving. Be it your first or hundredth addition to a collection, our team will guide and help you throughout the process.
Explore our full range of American Eagle gold coins today.
Purchase from Pacific Precious Metals
The American Eagle gold coin has variations for all types of investors. Ranging from 1/10 oz coins to 1 oz coins, understanding exit costs, spreads, and gold prices gives you a hedge and helps you make smarter decisions. Smaller coins offer flexibility, while larger coins, on the other hand, offer better efficiency and lower premiums, allowing you to tailor your portfolio as per your goals.
Whether you’re stacking fractional sizes or investing in 1 oz coins at today’s 1 oz gold price, Pacific Precious Metals makes the process secure and simple. Our transparent pricing and authenticity will offer you assurance and confidence on every step.
