2024 1 OZ AMERICAN GOLD EAGLE IN ASSAY CARD

Description

• Obverse: Features the iconic Saint-Gaudens design of Lady Liberty, holding a torch in her right hand and an olive branch in her left, symbolizing enlightenment and peace. This design has been a staple since the coin’s introduction in 1986, adapted from the $20 Gold Double Eagle.
• Reverse: Displays a new depiction of the American bald eagle introduced in 2021, designed by Jennie Norris. This eagle, with its wings spread majestically, holds an olive branch, symbolizing peace, and is surrounded by a detailed background that includes rays of the sun.

• Weight: 1 troy ounce.
• Purity: Composed of 91.67% gold (22 karats), with the remainder being silver and copper for durability, a composition unique to the American Gold Eagle.
• Diameter: Approximately 32.7 mm.
• Edge: Reeded.
• Packaging: Comes in an assay card, which is a protective encapsulation that includes information about the coin’s weight, purity, and authenticity, enhancing its collectible value.

• Investment: The 2024 1 oz American Gold Eagle, like its predecessors, serves as a tangible investment in gold, backed by the U.S. government with a face value of $50. Its gold content makes it a hedge against inflation and economic uncertainty.
• Collectibility: Beyond its gold content, the coin’s design, limited mintage for certain years, and the assay card packaging add to its collectibility. The assay card not only preserves the coin’s condition but also adds a layer of authenticity and presentation, appealing to collectors.

• Price and Premiums: Discussions around the 2024 Gold Eagle’s premiums over spot price indicate a range, with some users noting premiums from 3.46% to 5.67%, reflecting market conditions and demand fluctuations. This variance can be influenced by mint allocation changes, economic forecasts, or shifts in investor sentiment towards precious metals.
• Economic Forecasts: There’s anticipation for gold prices potentially reaching new highs, with predictions from financial analysts suggesting gold could hit $2,300 to $2,400 an ounce in 2024, influenced by factors like interest rate cuts and geopolitical tensions.

• Historical Continuity: It continues the legacy of one of the most recognized gold coins globally, blending historical design with modern anti-counterfeiting measures.
• Investment Grade: Its gold content and government backing make it a reliable investment in precious metals, especially in times of economic uncertainty.
• Collectible Appeal: The assay card packaging enhances its appeal for collectors, offering both protection and a certificate of authenticity in one.