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<p>[QUOTE="GDJMSP, post: 5889, member: 112"]Uhhhh - Nd - American Gold Eagles aren't 24 karat. They are 22 karat - or .9167 gold. Each coin though - depending on its denomination does contain 1/10, 1/4, 1/2 or 1 oz of pure gold. This is because the coins are slightly overweight to make up for the alloy content.</p><p><br /></p><p>Nd is correct though Scooby - American Gold Eagle coins are more liquid ( easily sold ) than bar bullion. They are also quite easy to obtain and at a small premium over melt value.</p><p><br /></p><p>I think you misunderstood when Nd suggested the coins - you were thinking, I assume, of the older gold coins issued by the US. The American Gold Eagle is issued today - and has been every year since 1986. The coins are commonly bought and sold as bullion - for only a few collect them as numismatic items. And the advantage to you with these coins is that there is no minimum when you buy. You can buy just 1 - or a 1,000 of them. It's all up to you.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 5889, member: 112"]Uhhhh - Nd - American Gold Eagles aren't 24 karat. They are 22 karat - or .9167 gold. Each coin though - depending on its denomination does contain 1/10, 1/4, 1/2 or 1 oz of pure gold. This is because the coins are slightly overweight to make up for the alloy content. Nd is correct though Scooby - American Gold Eagle coins are more liquid ( easily sold ) than bar bullion. They are also quite easy to obtain and at a small premium over melt value. I think you misunderstood when Nd suggested the coins - you were thinking, I assume, of the older gold coins issued by the US. The American Gold Eagle is issued today - and has been every year since 1986. The coins are commonly bought and sold as bullion - for only a few collect them as numismatic items. And the advantage to you with these coins is that there is no minimum when you buy. You can buy just 1 - or a 1,000 of them. It's all up to you.[/QUOTE]
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