December 8, 2009 – The American Eagle gold price was lowered by most major exchanges today, after the gold spot price was reduced to sub-$1200 levels on Friday afternoon. To track Gold Eagle prices live or to trade this American coinage, register here for American Eagle gold price quotes.
The American gold Eagle was introduced in 1986, 15 years after US citizens were again allowed to own gold bullion. From 1933 to 971, gold bullion hoarding was a federal offense by decree of Executive Order 6102. Our nation’s government needed the physical gold to back up the struggling dollar and pay down national debt. Since bullion ownership was re-legalized, American investors have used the yellow ore to protect their portfolios from the ill effects of inflation and struggling traditional markets.
American Eagle gold price lists are available at www.Kitco.com, although you may be able to find less expensive prices by contacting one of the nation’s major gold exchanges, such as the Certified Gold Exchange. If you are interested in pricing for historic American gold Eagle coins, such as the $20 Lady Liberty and the $10 Indian Head coin, then a visit to www.PCGS.com should help you out. Of course, if you want live prices for buying or selling American gold Eagle coins, it is advisable to contact Gold-Eagle.org directly, or request a live quote sheet by registering below.
Our nation’s leaders may be able to “reverse course” before our economy runs aground and the dollar loses all its international value, but for the moment our situation looks rather bleak. If you are concerned with the direction in which our economy is going, it may be a wise time to consider a safe-haven investment, whether in gold or another privately-stored, hard, commodity-type asset before our nation’s financial situation devolves further.
Joshua Harris
Senior Staff Writer - Gold-Eagle.org