If you have been collecting or investing in coins for any amount of time, you are probably aware of the American Eagle gold coin that is the dream of every collector or investor in the world. This is the most sought after gold coin in the entire world. Millions of people are always on the prowl for dealers who sell this coin so that they can add it to their own collection. New collectors and investors might be curious as to what makes this coin so special that every collector or investor just has to have it.
One of the reasons so many people are after the American Eagle gold coin is that they are the official gold bullion coin of the United States. This coin is minted by the U.S. Mint and is around 22 karat gold. If you are new to collecting coins or investing in gold, a karat is referring to the purity of the metal.
For example, if you have an item that is made from 24-karat gold, that means the item is made from 100% pure gold, which is the purest form you can get. The fact that this coin is 22 karat gold means that there is another metal mixed in with it. The reason for an additional metal being mixed with the gold is for quality purposes. Gold is easily shaped and bent, so if a coin were to be made from 24-karat gold, it would be fairly easy to damage.
Another reason so many collectors go wild over the American Eagle gold coin is the design. The original artwork etched onto the coin was designed by a man by the name of Augustus Saint-Gaudens. The design of the current American Eagle gold coin that collectors are after was based on a $20 coin that he designed back in the early 1900s. The artwork of the coin is rich with the symbols of America and freedom.
On what is considered the heads side of the coin, there is a beautiful engraving of Lady Liberty along with the word Liberty and the date. The tails side of the coin has a picture of one of the most majestic symbols that represents America, which is the eagle. The eagle is seen soaring high above her young in their nest with an olive branch in her talon. The beauty and the purity of the American Eagle gold coin are just two of many reasons why you need to have this coin in your collection.