The Benefit Of Investing In American Platinum Eagles

By Roger Denton

American Platinum Eagle coins are 99.5% pure platinum. First released in'97 by the United States Mint, it's important to keep in mind that this is America's official bullion coin. The biggest Platinum Eagle coin has a face value of 100$.

Platinum Eagle coins come in a variety of different sizes, and each of them contains pure platinum mined exclusively in the United States. The value of the raw platinum is the reason why they are so expensive.

From'98 and on, each year a new Eagle coin was released with a design from the reverse side of the coin was different previous year. This is why coins collectors are interested in have a complete collection of them.

If you do own some American Platinum Eagle coins, it may be nice to know that you can save them in an Individual Retirement Account (IRA). They are considered to be a commodity and not a rarity. One very interesting thing to note is that they tend to be the most expensive coin in the American Eagle Coin Program. You should expect to pay over $3,000.00 for just one proof $100 coin. The price depends of how large the coin is.

If you are considering the purchase of a Platinum Eagle coin, you should fist get all the information you can find. You can find information about the platinum coins on the internet. For example you should note that the United States Securities considers that the platinum coin will maintain a value that is consistent with it's platinum content.

Another interesting thing to know about the Platinum Eagle coins is that it represents the only investment grade platinum coin of the United States as authorized by the Congress in'96.

On the back side of the coin you can see the head of the Statue of Liberty. The design was made by John M. Mercanti. The Silver American Eagle coin was also designed by him.

The platinum coin has a very interesting design. One bald eagle soaring through the air with the sun in his back and a few inscriptions. Some of the inscriptions are ''E Pluribus Unum'' and ''In God We Trust''.

The smartest thing you can do for you and your family is to make some good investments for the future. This is why you should think about adding physical platinum to your portfolio. Precious metals have traditionally safe investment because platinum will always be in high demand as a commodity. Thinking about your future will also assure the financial safety of you and your loved ones. Because Platinum Eagles can be contributed to your retirement savings account you will find a great deal of satisfaction in knowing that you have taken a large step into safeguarding your financial future. - 31899

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