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<p>[QUOTE=&quot;Troodon, post: 216045, member: 4626&quot;]Well on the plus side, even if they find a mountain in Antarctica made of solid gold and the price of gold plummets, your American gold eagle is still worth at least the face value.</p><p><br /></p><p>Don&#039;t think that&#039;s the real reason though... gold has always been valuable, and always will be, unless a massive supply suddenly turns up.&nbsp; I think it&#039;s the psychological aspect mostly... making it a legal tender coin confers as sense of safety and legitimacy to it that make people more willing to buy one than they would say, a gold bar containing the same amount of gold.&nbsp; Plus it adds numismatic value to it, so people other than just gold investers find it a desirable purchase.&nbsp; Using the St. Gaudens double eagle obverse was an especially smart move; both collectors and non-collectors alike were attracted to the design.[/QUOTE]</p><p><br /></p>

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