American Eagle CoinsThe American Eagle is the most popular coin sold in the United States. It is a fantastic addition to any investment portfolio because of its convenience, popularity, and liquidity. The American Eagle is IRA-eligible and easily stored through our private vault storage program. GoldSilver offers an investor-friendly selection of current and common year American Eagle coins, including popular American Eagle silver coins and gold coins. At GoldSilver, we are happy to offer you a broad selection of investment coins and gold and silver bullion that hedges against uncertainty.
Why Invest in American Eagles?
Gold and silver are a wise investment, and one of the most popular ways to invest in them is by purchasing an American Eagle coin. People invest in American Eagle coins for a wide variety of reasons. Maybe you think it’s one of the most beautiful collectible coins in American history — we do not disagree! — or maybe you are looking for a more secure investment option that you know will persist for the coming centuries. Here are some of the main reasons why people invest in American Eagle bullion coins through GoldSilver.com:
- Guaranteed By the U.S. Government – With American Eagle coins, you’re getting a legal tender coin of reliable quality and purity that will be guaranteed by the U.S. government.
- Usable as Money in times of Crisis – Gold and silver coins have been used as a medium of exchange for at least 2,500 years. They will always be accepted as money even if paper declines drastically in a hyperinflationary environment
- Universally Recognizable and Redeemable for Currency – An ounce of gold or silver can be redeemed for local currencies at a fixed market price, anywhere in the world.
- The purchasing power of gold tends to remain steady in times of continually-rising inflation such as we have today. It is often said that an ounce of gold still buys a good suit of clothes, just as it did two hundred years ago, whereas paper currency wouldn’t come close.
- Silver has been used as currency more often in history than gold. It has served a role of not just currency but money, especially when paper currencies lose value
- Potential Appreciation in Value – Gold and silver have the potential to increase in value not only due to inflation, but also because gold can be used for other purposes, such as in the electronics and aerospace industries, and silver is a major element used in even more industries. Thus, you can certainly use silver or gold coins as a means of investment.
- Uncorrelated with Other Asset Classes – The prices of gold and silver are unrelated to stocks, bonds, land or other assets, which provides investment diversification
- IRA-Eligible – You may place American Eagle coins in a properly-structured IRA or 401(K), which can provide some income tax advantages.
- Easy Storage – You may wish to keep your Eagle coins at home or in a safe deposit box, but for heightened security we offer vault storage for bulk purchases at reasonable rates. Both domestically and abroad, our partnership with Brinks means our storage is strictly allocated so that coins are held in your name and can be retrieved at any time
- Inheritable – Looking for something special and valuable to pass along to your kids or grandkids? Your Gold Eagles and Silver Eagles are easily passed on to heirs for a valuable inheritance option.
American Eagle Design
American gold and silver coins date back to the beginning of the Republic, and were routinely used in commerce for nearly a century and a half. The Half-Eagle coin ($5 face value) and $10 Eagle coin both first appeared in 1795. The $2.5 Quarter Eagle followed in 1796. The $20 Double Eagle was first minted in 1850.
For 70 years from 1863 to 1933, the government issued gold certificates. These paper currencies were legal tender but not redeemable for actual gold until 1879, after which they were fully convertible to the physical metal at a fixed rate of $20.67 per troy ounce. They disappeared when Franklin D. Roosevelt prohibited gold ownership.
Although Double Eagle coins had existed for 57 years, they didn’t achieve iconic status until 1907, with the introduction of the $20 St. Gaudens coin. It was first proposed in 1904 when President Teddy Roosevelt sought to create a coin more beautiful than the prevailing Liberty design. To accomplish the task, he commissioned renowned sculptor Augustus St. Gaudens. It was an arduous job that took three years, and St. Gaudens didn’t live to see his creation advance to production. But the beloved coin still bears his name, and it is a classic—Miss Liberty bears a torch and an olive branch on the obverse, and a winged eagle flies over the sun’s rays on the reverse.
Today’s American Eagle is the direct descendant of St. Gaudens’ coin. The obverse is a replica of the original design, while the reverse has been modified to depict a bald eagle returning to its nest with an olive branch in its talons. Many American values such as strength, liberty and family are symbolized.
All modern Eagles regardless of denomination feature this same design.
Modern Gold American Eagle Coins
The modern American Gold Eagle Coin was minted in 1986. It was the first U.S. gold coin produced since 1933, when President Franklin Roosevelt signed an executive order outlawing the private ownership of gold. Carrying a face value of $50, The Eagle immediately became the world’s most coveted gold coin, a status it has enjoyed to the present day. Its popularity is reflected in the higher premium it commands in the marketplace over competing one-ounce coins from other countries around the world.
The Gold Eagle coin is not pure gold. It is an alloy containing 91.67 percent gold, 3 percent silver and 5.33 percent copper. Thus, the Eagle is considered to contain .9167 fine gold (22 carat). Some other one-ounce coins may be pure gold, but they all contain the same troy ounce of gold. For example, the Gold Maple Leaf is .9999 fine (24 carat). Which you prefer is a matter of personal taste. Pure gold is softer and more susceptible to damage; alloys are harder and do not have to be handled with as much care.
While Eagles remain legal tender, they do not circulate and pass directly from Mint to investors. Though they will vary slightly in quality of strike from coin to coin, by definition all are graded at least Brilliant Uncirculated. Therefore they are an investment coin rather than a collectible.
Through 2016, about 18.75 million one-ounce Gold Eagles have been minted. Demand remains high. In addition to the one-ounce Gold Eagle, the U.S. mint also produces a 1/2-ounce Eagle, a 1/4-ounce Eagle and a 1/10-ounce Eagle. All Eagles are available for purchase online through GoldSilver, and they should be a mainstay of every investor’s core precious metals portfolio.
Modern Silver American Eagle Coins
The modern American Silver Eagle was also minted in 1986, and has been immensely popular from the start. It is prized for the beauty of its design and its intrinsic value. Since the first minting, over 400 million Silver Eagles have been produced. All of them contain one troy ounce of pure .999 fine silver. They are far and away the most popular silver coins in the world. Silver eagles should be a core element of any investor’s precious metals portfolio.
Price Match Guarantee
- At the time of sale, we will match the published retail premium over spot price for the same quantity of any product we carry that is shipped from and sold by our competition.
- If we lower our premium within 7 calendar days following your purchase, we will match our own lower price as well, upon request.
- Review our Price Match Guarantee here.
The GoldSilver Difference
At GoldSilver, we pride ourselves on offering investors world-class education, an investor-friendly product catalog, and a uniquely secure and flexible storage program.
Our educational video series has generated tens of millions of views on YouTube. Our founder, Mike Maloney, is the best-selling author of Guide to Investing in Gold & Silver, the most popular book ever on precious metals investing.
Our catalog is focused on physical precious metals products with the most competitive premiums. We believe these products allow investors to get maximum exposure to gold and silver while increasing potential profits by saving on costs.
And our unique storage program offers allocated and segregated storage options at your choice of global vaults, with easy and rapid liquidity.
On top of all this, we are committed to providing our clientele with a broad assortment of purchase options, with discounts when you pay through check or wire so you can make even more money. We also offer discounts on bullion for those who pay with Bitcoin.
Together, we believe these features offer an unmatched experience for precious metals investors.
But don’t take our word for it. See what our investors are saying about us: read our testimonials.