American Eagle Gold Bullion Coin Videos

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American Eagle Gold Bullion Coin Q&A

Questions about investing in gold?

I had some questions about investing in gold bullion coins. First I was wondering where the best place to get gold coins is, online or at a coin shop? Also I notice some coins such as the american gold eagle have a value minted on the coins face, what is the purpose of this since the value of gold changes daily? And if you were to purchase gold would there be any additional taxes associated with it, or just the sales tax like any other purchase? Thanks in advance

Some reputable Internet dealers in gold bullion coins include:

Monex
http://www.monex.com

Kitco
http://www.kitco.com

APMEX
http://www.apmex.com/

There are many others, so you might do some Internet searches of discussions around this topic. But you could start by visiting the websites of the three dealers above.

Regarding the face value of gold coins, the value that appears in the legends on a coin's face is pretty much irrelevant to its gold content or the metal value of that content.

There is one exception: some coins are legal tender at their face value, and this gives buyers some rather far-fetched downside protection. For instance there are some Canadian $100 legal tender gold coins, with slightly over 50% gold content, that are worth slightly over $200 in gold melt value today. If the price of gold were to plummet more than 50% from present levels (i.e. below about $400-$450 per Troy ounce), those coins would still be legal tender at $100 Canadian dollars, so you would have protection against these coins falling further in value, if gold were to then fall even further below that level. But that's a somewhat improbable scenario, and is mentioned here mostly for completeness.

Regarding sales tax, whether gold coins are taxable apparently varies by state and locality (or by province in Canada). You might check with your prospective dealer(s) about that; they're highly likely to be well-versed in this, and they may even discuss this on their websites.

Third, you might consider all of your options for holding gold, not just coins.

Let's say hypothetically that you were a wealthy - and somewhat paranoid, or at least skeptical - investor who was seeking to use gold - in a modest percentage of your wealth - as one form of hedge against financial disaster.

You would start with the basics: a mix of physical gold, typically in the form of gold coins like American Eagles, Canadian Maple Leafs, Austrian Philharmonic, or Krugerrands, to name a few - which are more recognizable and trusted than bars - stored in a secure location. You might mix these between a bank safe deposit box for the bulk of your holdings (or boxes in multiple banks - remember, you're hypothetically wealthy , and a small amount in a home safe for the remainder.

You might then put some money into "paper gold" outside of the US: these might include gold certificates or accounts (e.g. Goldmoney.com, Perth Mint, to name just a couple) which represent a share of physical gold held in places like Jersey (UK), Switzerland, or Australia, or gold ETFs or their equivalent on foreign stock exchanges that represent gold held outside the US, building these holdings over time. Another, similar option is a closed-end mutual fund, the Central Fund of Canada, which has been around for a long time and has a stellar reputation for safety.

These would - if you trust the holders, and you'd probably want to diversify among several - give you gold that might not be subject to future US government confiscation or cross-border currency transfer limits or prohibition, and might be more accessible to you if you needed to flee the country in a hurry. (Remember, you're hypothetically paranoid

All of the other options are more like playing the stock market: they're less defensive hedges and more along the lines of risking capital in the hope of outsized gains. These include:

* The Gold Exchange Traded Funds (e.g. ticker symbols GLD or IAU), representing a share of gold held in vaults in the US.

* Gold futures and options, essentially bets on the price of gold.

* Gold mining shares and mutual funds that hold these: essentially bets on the fortunes of individual companies, or a mix of those companies.

Personally, as a small investor who has had a modest but long-time interest (back into the 1970s) in tracking gold and the gold mining sector, values in the shares of the so-called "junior mining" sector look incredibly appealing these days. This sector has just cratered, with the share prices of many companies dropping by 40-70% from their recent highs in 2007 to their current Summer/Early Fall 2008 lows. As a result, when buying shares of these companies, you can today often buy gold in the ground at a price in the range of $10-$30 per Troy ounce. That's far lower than the typical rule of thumb, of in-ground gold being worth somewhere in the vicinity of 5-10% of the spot gold price (roughly $42.50-$85 per Troy ounce at today's $850+ gold price).

"Junior gold mining companies" are small cap companies - with market caps just in the tens or hundreds of millions of dollars - that are generally in one (or more) of four stages: exploring for gold, have discovered gold and are identifying how much they have by further drilling, are doing technical and economic feasibility studies and lining up financing toward building a mine, or have at some point begun modest production of gold. These are high-risk, high potential reward companies, and only to be invested in if you do a great deal of research and diversify widely. You can find a huge investor community around these at:

http://www.stockhouse.ca

American Eagle Gold Bullion Coin Videos

FREE SILVER Drawing Results!!!! American Silver Eagle 1 OZ .999 Fine Silver Bullion Coin!

American Eagle Gold Bullion Coin Q&A

1933 Double Eagle is worth?

I'm trying to collect as many coins as I can and I have quite a few of my favorites are the gold American Buffalo coin gold and my silver dollar 1794. The question for me here is whether to receive the 1933 Double Eagle. No, no real ...

You're lying, there are about one or two survive Silver $ 1,794 and the last sold for $ 7.8 million last May.

American Eagle Gold Bullion Coin Q&A

1933 Double Eagle is worth?

I'm trying to collect as many coins as I can and I have quite a few of my favorites are the gold American Buffalo coin gold and my silver dollar 1794. The question for me here is whether to receive the 1933 Double Eagle. No, no real ...

You're lying, there are about one or two survive Silver $ 1,794 and the last sold for $ 7.8 million last May.