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©GoldWhy.com
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To the left is an image of my 2008 1/10 Ounce Gold American Eagle Coin. When buying my
Johnson Matthey gold bar,
I also bought this American eagle. I'm really happy with my purchase because I'm a big believer in
fractional gold coins such as the
quarter ounce maple leaf.
For the remainder of this article, I will discuss my personal experience buying this coin and why
I selected this particular gold coin. Interested in learning more about gold American eagles
in general? You may also wish to check out my introduction to
gold eagles.
1/10 Ounce Gold Coins Are A Great Size
As you know I'm a big fan of fractional gold bullion coins. While the smaller you get, the higher
the premium over the
current price of gold, it's totally worth
the extra money in my opinion. There are many reasons for this with the following two topping the list.
Portability: It's so amazingly easy to
hide tenth ounce
American eagles. While I always advocate storing the vast majority of your gold bullion coins
in your
safe deposit box,
it's also a good idea to keep just a few at home in case of an emergency. In this case, tenth ounce gold
American eagles are perfect because they are small and you can easily hide them in your
soda can safe.
Practicality: Let's face it. The price of gold has skyrocketed and in my opinion it can only go
higher. One ounce gold bullion bars and coins are becoming a bit too pricy. If you're a smaller investor
like myself who only buys gold coins and bars once in a while, 1/10 ounce American eagles are the perfect
size. They are practical and within reach of your budget, even if you're a smaller time gold buyer like
myself.
Gold American Eagles Are Timeless
©GoldWhy.com
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I must admit that these coins are timeless. The obverse portrays lady liberty with the reverse depicting
a beautiful eagle's nest. These coins are reminiscent of the iconic
St. Gaudens gold coins of the past.
Of particular importance, the beauty of the coin is not lost in the smaller size. The 1/10 ounce
gold American eagles are just as beautiful as their larger counterparts.
22 Karat Gold Vs. 24 Karat Gold
All US gold eagles are 22 karat gold, meaning they have some extra metals acting as an "alloy"
to prevent them from scratching. While the
Canadian maple leaf is my favorite bullion
coin of all time, it's not as practical as a 22 karat gold coin such as the 1/10 ounce gold eagle. 22 karat
coins are more durable. If you're buying 1/10 ounce gold eagles to hide away in case of an emergency, you
probably want a more durable coin which is exactly what 22 karat gold affords you.
Two Final Benefits of Tenth Ounce Gold Eagles
It's easy to find tenth ounce gold eagles and they are also in high demand. This makes for a very liquid
marketplace which is always good if you want to sell your coins one day. When I purchased this particular
2008 gold eagle at my local coin shop, they also had several others despite being sold out of most other
coins due to the rush to physical gold as of late.
Last, it's easy to find these coins in great condition. My 2008 gold eagle is in perfect condition, looking
like it's new from the mint! It's easy to get them in great condition for two main reasons. First, because
they are 22 karat gold, the coins are less susceptible to scratches, dents, wear, and tear. Second, because
they are so popular, many coin shops are at the ready with newer date coins such as my 2008 one. Want to see
images of two more 1/10 ounce gold coins I just purchased? Make sure to check out pictures of my
Tenth Ounce Chinese Gold Panda and my
1/10 Oz Australian Lunar Series Monkey.
Buy 1/10 Ounce Gold Eagles on eBay
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Silver Peace Dollar
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Platinum Bullion Bar
Soda Can Coin Safe
Engelhard Silver Bar
Silver Chinese Panda
Stainless Steel Bullion
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Half Ounce Krugerrand
Silver Eagle Money Clip
1 Kilo Silver Bullion Bars
Northwest Territorial Mint
Gold Coin Treasure Chest
PCGS Silver Morgan Dollar
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Fractional Gold Bullion Coins
Nickel Bullion Bars and Coins
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Old US Gold and Silver Coins
Franklin Silver Half Dollar Coins
Quarter Ounce Gold Maple Leaf
20 Dollar St Gaudens Gold Coin
Barack Obama Collectible Coins
American Eagle 1 Oz Silver Coin
Large Pile of Copper Bullion Bars
Credit Suisse 1 Ounce Gold Bars
One Ounce Mexican Silver Coins
Aluminum Bullion Ingots and Bars
Tenth Ounce Chinese Gold Panda
Mint Tube of Silver American Eagles
American Eagle 22 Karat Gold Coins
Tenth Ounce Gold Australian Monkey
Canadian Maple Leaf 1 Oz Silver Coin
South African One Ounce Krugerrands
Canadian Maple Leaf 24 Karat Gold Coins
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