Why the 1/10 oz Gold Coin an Ideal Investment
With gold prices hitting record highs, many investors are turning to smaller increments, like the 1/10 oz gold coin as a way to diversify and preserve spending power.
With gold prices hitting record highs, many investors are turning to smaller increments, like the 1/10 oz gold coin as a way to diversify and preserve spending power.
In the face of rising gold prices, widespread economic instability, and a surge in macroeconomic warning signs, bullion sales have paradoxically fallen.
The best gold coins to buy depend on your goals—whether you prioritize liquidity, purity, collectibility, or low premiums.
Unlike real estate or stocks, physical 1/4 oz gold coins are tangible and require no counterparty risk. You own it outright.
Both newly minted and secondary market gold coins have distinct advantages and drawbacks, making it essential to compare premiums.
The US Mint sold 412,000 ounces of gold in its American Eagle coin program in 2024, a sharp decline of over 59% compared to the one million ounces sold in 2023.
According to a report from Kitco, the Costco’s gold bullion sales have become a significant driver of its online sales, with reports of double-digit increases in gold sales over the past three months.
While pre-sales are beginning now, investors will need to wait until January 2025 for the coins to officially ship from the U.S. Mint
The American Gold Eagle and the American Gold Buffalo are the two gold bullion coins produced by the U.S. Mint. While both coins are esteemed for their purity and craftsmanship, they have distinct features that appeal to different types of investors and collectors.
The US Mint uses a “just in time” method of manufacturing when issuing gold coins. Recent sales reports show a sharp increase American Eagle gold coins in June.