Coin Collecting News

Tuesday
6 January 2009

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American Eagle sales begin with authorized buyers - Coin World

Some collectors who buy Uncirculated American Eagle gold, silver and platinum bullion coins wonder why they can’t buy the coins directly from the United States Mint instead of having to buy the issues from dealers on the secondary market.

The answer lies within the purpose of the American Eagle bullion coins: to enable investors to buy U.S. bullion coins at prices not much above the coins’ bullion values.

While some hobbyists collect the Uncirculated American Eagle bullion coins without Mint marks by date, those issues are intended to be investment vehicles. Their value is tied to the daily spot price of gold, silver or platinum, plus a premium.

Entire article: American Eagle sales begin with authorized buyers - Coin World

Filed in: Coin World, U.S. Coins

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