Why add this 2016 $10 1/2 oz. American Gold Eagle | GEM BU to your collection?
This 2016 ½ oz. American Gold Eagle offers several advantages for you as a collector. Perhaps the biggest is that the design features the famed Augustus St. Gaudens obverse, which most collectors to be the most beautiful design ever to appear on an American coin. Liberty holds an olive branch in one hand and her torch in the other as she stands confidently facing the holder. The rays of the rising sun coming from the base of the image and the United States Capitol Building in the background make for an awe inspiring scene. The reverse design, which was created by Miley Busiek, is sure to fuel the fire of patriotism in any patriotic American’s heart. It features a male eagle about to land in its nest, where the mother eagle awaits with her nestlings. The popularity of this coin, which was struck at the West Point Mint, also stems from the fact that its gold weight and purity, 1/2 Troy oz. and .9167, are guaranteed by the United States government. Pick up this coin today and share in this anniversary celebration.
|Year of Issue:||2016|
|Weight in Grams:||15.8 g|
|Weight in Ounces:||1/2 oz|
Now with no pending news for the market to digest, I expect gold to trade in a tight range again at these levels.
When you’re looking for a way to invest your money, there are a wide variety of options available. Physical gold and gold coins are on the list, but you need to know what you’re dealing with. Some of the most frequent questions about buying gold bullion include things like the timing of your purchase and how pricing works. Just keep reading and you’ll know all the necessities soon.
Whether its news over the pond, or in the Far East or here in the states, all the economies are connected. And one must remember that global interest rates and currency valuations have a direct impact on the price of gold.
Going forward, if gold continues its decline, I expect there will not be many new buyers in the market until we test the $ 1200 dollar level again.