Things To Know Before You Invest In Gold Eagles

byAlma Abell

Have you been considering investing in gold? If so, one of your best options is to invest in Gold Eagles. You can easily buy Gold Eagles in Seymour, TX, but before you do, you should probably collect some information. The US Gold Eagle is actually the official gold coin of the country and has been authorized by the Gold Bullion Act of 1986. Released in 1986, the Gold Eagle has been highly sought after by numismatists throughout the world. Here are some things you should know before you buy Gold Eagles in Seymour, TX.

The Makeup of the Gold Eagle

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The Gold Eagle coin is available in a variety of sizes, from 1/10 to 1 ounce of gold and is made in denominations of $5, $10, $25 and $50. By law, these coins must be made from gold that has been sourced right in the US. You will find that each Gold Eagle is made of an alloy of copper and silver and each coin contains 91.67% gold, equal to 22 karats. Additionally has 3% silver as well as 5.33% copper. The denomination of the coin will not matter, this is the makeup, no matter what.

The Look of the Gold Eagle

The Gold Eagle coin features the Statue of Liberty on one side in full length. She has flowing hair and is holding a torch in one hand, and the branch of an olive tree in the other. You can also see the US Capitol building on the left side of the coin. On the other side, you can see a male eagle, also carrying an olive branch, who is soaring over a female eagle with her eaglets in a nest. If you come across any coin claiming to be a Gold Eagle and it doesn’t look like this, do not buy it. There are certainly fakes that are floating around.

Buying Gold Eagles

Finally, you will want to make sure that you are buying your Gold Eagle coins from a trusted source. You will find that there are a number of great companies that sell Gold Eagles in the Seymour, TX area. Make sure, before you buy, that you have looked into any coin broker or coin shop before you make a purchase. This way, you can protect yourself from fakes.

To buy Gold Eagles in Seymour, TX, contact Gene Wheeler Rare Coins. They provide best Coin Broker Services in the area.