American Gold Eagle is the name given to a gold coin issued by the government of the United States in the year 1985 under the Gold Bullion Coin Act. It is a one ounce gold coin made of 90 percent pure gold. These coins were released in America as a substitute for the South African Krugerrand and were crafted with the same finesse.
This new coin was issued because all imports from South Africa to America was being banned and hence the then president of the US had given the order to issue the coin. According to the law the coin was to be made from materials coming from American sources only be it gold, silver or alloys of copper. Other metals are mixed in making this coin in order to give it more resistance and retain its new look for a longer time.
Special Features That Make This Coin More Attractive
The American gold eagle is a great example of craftsmanship and perfection of design. It has a beautiful picture of two eagles one of which is flying and the other sitting on the branch of a tree. The images of the eagles have been carved in the coins with an outstanding detailing on their wings, which is a great example of perfection. The coins are made with a blend of pure gold, silver and copper alloys so that they retain their luster and newness.
How Can You Get This Coin
You can get attractive offers of purchasing the American gold eagle which is a masterpiece and a must have in your collection of coins. Collecting this coin is a good way of availing benefits of investing in gold through your IRA or 401k plan. Although a number of sites have kept it on sale but not all the websites are dependable in terms of quality and originality of the coin and the authenticity of the materials. You should do proper research before placing order to avoid fraud.
Article is written by Jon Goldstein. Know more about Benefits of investing in gold through your IRA or 401k plan and American Gold Eagle here.