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Liberty Gold Eagle Coins

By: Jim Gold

Often, mention of gold coins makes you think of gold eagles.

First created in 1986, it didn't take long to become one of the best coins to invest in. The obverse of the coin is almost the same as the $20 Augustus Saint Gauden. These were made from 1907-1933 and were called the 'double-eagle'. They were designed to evoke awe like ancient Greek and Roman coins.

The gold eagles are made with a specialized process in the mint which starts by feeding burnished blanks into presses fitted special dies. The coin is struck multiple times so the images seem to float above a mirror-like field.

The gold eagle is the only bullion coin guaranteed by the American government (congressionally authorized) which means that you get even more of a safe purchase. They guarantee it's gold content, weight, and purity. Traders usually prefer the gold eagle to gold bullion bars or other gold coins because of delays or added costs for assaying.

Different to most bullion gold coins, American eagles are non-reportable, private and preferred by serious gold investors for complete privacy, safety and security.

The gold eagle coin has a reeded edge and is 22 karat (which means 91.67% gold, 3% silver and 5.33% copper.) This is the standard for gold coins because it creates a tougher coin that is resistant to marring and scratching.

In 2006 the US mint created the American eagle uncirculated coin. The gold version was made in one-tenth, one-quarter, one-half and one ounce sizes, along with a complete four-coin set containing one coin of each size.

In 1999, the US mint at West Point produced a limited number of accidental 1/10 oz and 1/4 oz uncirculated coins. All the other West Point gold American eagles are proofs.

If you are thinking of buying gold eagles and you would prefer to maintain your privacy it is wise to buy from a coin trader who don't ask for your social security number or require an application.

Article Source: http://www.articlekingpro.com

For more information about gold eagle coins please visit our coin trading website.

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