The newly updated collection includes 1-oz American Gold Eagle coins, which are sold in a protective sheath and display case. CanAm Currency Exchange explains that these coins are known for their beauty and craftsmanship and are sought after not only by investors but collectors as well.
For more information, visit https://canamcurrency.com/collections/gold-coins
The announcement coincides with an article published in The Economist about the benefits of buying gold to preserve wealth and hedge against inflation. According to the report, tangible assets, like real estate and gold, are suitable investments for those who would like to protect their portfolio from a weaker dollar or an unstable stock market.
CanAm Currency Exchange explains that the price of gold usually increases when the stock market plummets, as investors, wary of losing their assets during a stock market collapse, withdraw their money and put it in a slow-moving asset like gold.
The American Eagle is the official bullion gold coin of the United States of America and is one of the most recognized and valued gold coins worldwide. It was first produced by the US Mint in 1986, and in addition to the 1-oz coins, they are also made in 1/2-oz, 1/4-oz, and 1/10-oz denominations. Some investors prefer to buy smaller denominations as they’re easier to resell.
The value of the American Eagle gold coin is not just based on its weight, but its historical significance. Every few years, the gold coin’s design is changed slightly to commemorate certain events. For example, the 2020 production had a “V75” privy mark to signify the 75th anniversary of the end of the Second World War.
CanAm Currency Exchange states that when buying gold as an investment, clients need to make sure that the precious metal is from a reliable source and has the proper certifications, as this makes it easier to liquidate. The American Eagle gold coins all come with security seals and complete paperwork from the US Mint, ensuring their authenticity.
More information is available at https://canamcurrency.com/collections/gold-coins
CanAm Currency Exchange
3234 Dougall Avenue
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Bengaluru Bytes journalist was involved in the writing and production of this article.