Are you ready to take your precious metals portfolio to the next level? Diversifying with various types of gold can help you get there. Though you may not realize it yet, some gold coins, like Gold American Eagle Proof Coins, can have more long-term performance potential than gold bullion or gold bars. Why is this? Watch the video to learn more about Gold American Eagle Proof Coins’ iconic design, rare minting process, and unique potential. Few portfolios are complete without these remarkable gold coins.
Proof Gold Coins: Take the Next Step in Gold Ownership – Video Transcription
Narrator: What are the right gold coins to own? Gold bars and gold bullion may be appropriate for short-term cash reserves, but certain US Government gold coins may hold much higher long-term profit potential than others; Gold American Eagle Proofs, for example. They are some of the most evocative and cherished designs ever struck on a US gold coin. As depicted by the famed American sculptor, Augustus Saint-Gaudens, the obverse design features a full-length figure of Lady Liberty holding a torch in her right hand with an olive branch in her left. And the reverse design features a male eagle carrying an olive branch, flying above a nest containing a female eagle with her hatchlings.
Gold American Eagle Proof coins also undergo a unique minting process that involves gold blanks being struck multiple times by special dies at the US Mint. This specialized process produces a finished gold coin whose image appears to float above the coin’s mirror-like background. Since 1986 the US Mint has purposely created these unique gold proof coins in relatively low numbers, specifically with the discerning collector in mind, making Gold American Eagle Proof coins often worth considerably more than a gold bar or a piece of gold bullion.
Keep learning! Read about Augustus Saint-Gaudens and his cherished design in Who Designed the Gold American Eagle Coin.