July 9, 2009 – The American Gold Eagle coin is one of the most cherished and popular coinages in existence, but did you know that there are several different types of gold Eagles that are used by a wide variety of investors depending on individual goals and needs? Many investors new to the gold market simply flock to the first product that they see, yet fully researching this elaborate market could make a significant difference to many investors who have unique investment requirements. Below I have briefly explain the two most popular gold Eagle diversifications:
Bullion Gold Eagle Coin - The modern day American Eagles are bullion coins that hold no numismatic value. They have a very low premium above the spot price of gold, usually no more than 5%, making them ideal for investors who seek a quick profit-taking diversification. These coins have shown maximum potential to short-term investors who do not wish to hold onto their coins for longer than 14 months.
Certified Rare Gold Eagle Coin - The pre-1933 Double Eagles are certified rare coins that hold significant numismatic value. They have a higher premium above the spot price of gold because of their rarity, yet many investors gladly prefer to pay this premium because in the past eight years, they have proven less volatility and higher profit ratios when compared to bullion. These coins have shown maximum potential to long-term investors who wish to hold onto their coins for longer than 14 months.
Feel free to browse this website for more useful information on both of these investor favorites.
Joshua Harris
Senior Staff Writer - Gold-Eagle.org