International Gold Investors Are Buying American Eagle Gold Coins in Record Numbers
Demand for American Eagle Gold Coins has outpaced the demand for South Africa's Krugerrands, Canada's Maple Leaf, Mexico's 50 Peso and China's Panda because of it high gold content that also keeps them looking new.
Santa Monica, CA (PRWEB) May 16, 2007 -- Global investors are buying American Eagle Gold Coins to offset currency fluctuations and to protect personal assets.
"This is the best way for the small investor to enter the gold market with an investment in gold coins," reports top gold investment advisor Kevin DeMeritt of Lear Financial, the parent company of Gold Central, one of the top gold coin companies in the U.S.
American Gold Eagle coins are the Unites States' only official investment-grade gold bullion whose weight, purity, and content are guaranteed by the United States Government. Each American Eagle gold coins are 22 karats (gold is measured in units of 24). In other words, the coin contains 22 parts pure gold and 2 parts silver / copper. As gold is a soft, easily scarred metal, this mixture strengthens the coins and keeps them looking new.
Today, American Eagle gold coins are considered sound investments and in fact have been featured numerous times in the Wall Street Journal, Barron's, Money Magazine, on CNBC, and numerous other financial publications.
All American Eagle gold coins can be quickly sold for cash at coin and precious metal dealers throughout the world. Technically, these gold coins are legal tender in the United States; the 1 oz. American Eagle gold coin, for example, has a face value of $50, yet this gold coin is probably worth more than 10 times that amount based upon the market price of its gold composition.
Informed investors have long considered American Eagle gold coins not only as a means for capital appreciation, but also as a way of protecting their own investment assets and to balance out the fluctuations in the dollar.
Investment professionals recommend that as much as 25 percent of one's overall wealth should be placed in precious metals like rare gold coins and silver coins.
The first minting of American Eagle gold coins was in 1986, with the same four sizes that are available today: 1 oz., 1/2 oz., 1/4 oz., and 1/10 oz. The law contained a provision that only gold bullion mined in the United States can be used in the American Eagle gold coin a practice still followed today.
To learn more about investing in American Eagle gold coins, and gold bullion through Gold Central, call 310-656-3272 or visit www.goldcentral.com.
About Gold Central
Gold Central, a division of the precious metals asset firm Lear Financial, Inc., is dedicated to providing Web investors with all the pertinent information and tools needed to securely purchase, sell and trade gold online. GoldCentral.com offers a diverse suite of intelligent investment resources including real-time pricing, regular e-mail alerts, newsletters, and a live staff available to answer real-world questions. Gold Central not only enables investors to stay current on the latest developments in the gold market, but also gives investors the flexibility to move gold as expeditiously as conventional paper investments.
###
Post Comment: Trackback URL: http://www.prweb.com/pingpr.php/SW5zZS1DcmFzLUNvdXAtQ3Jhcy1NYWduLVplcm8=
Bookmark -
Del.icio.us |
Digg |
Furl It |
Spurl |
RawSugar |
Simpy |
Shadows |
Blink It |
My Web
|
Share The News
Submit this press release easily to any of these major bookmarking and social media sites.