Golden Eagle Coins has a long history as a gold bullion dealer. The company was founded in 1974 by Mr. Bob Mangels Sr., who was an avid coin collector.
He was the owner of a coin-operated laundromat. When he noticed the number of rare coins that were in the machines, he started to collect them.
Shortly after, he started a business in precious metals and collectible coins. Thus, he launched Golden Eagle Coins.
Before we get started with this review:
We understand how difficult it is to pick a company that you can trust with your hard earned savings. That's why we create informative and useful information to give you as much knowledge as possible to make the right decision.
We created a list of our highest recommended investment companies, to make comparing and choosing the company best suited to your needs as easy as possible.
Look to see if Golden Eagle Coins was selected to our "highest recommendation" list this year!
Or...
Get a FREE Gold Investing Kit from our #1 recommendation, by clicking the button below:
Learn How to Protect Your Wealth - Tax and Penalty Free!
Background on Golden Eagle Coins
Since Golden Eagle Coins was launched, the U.S. has gone through six recessions, one oil embargo, three stock market crashes, twelve presidents, and a bull market that lasted more than twelve years.
During this time, gold prices skyrocketed by more than 700%, and silver shot up more than 1,000%. Golden Eagle Coins is one of the oldest precious dealers around. When they were launched, gasoline was only 53 cents a gallon.
Back in the days when Bob Mangels Sr. was still running the laundromat, he and his family sorted the coins before they deposited them at the bank.
In the late 1960s, silver coins had more value than regular coins. In the early 1970s, Bob Sr. teamed up with his nephew, Richard Stelfox, and started to attend national coin shows across the U.S.
They opened their coin shop in 1974. The company started as a mobile coin dealer and grew to be the biggest online dealer in coins and bullion in the metropolitan Washington, D.C., area. They average annual sales in the hundreds of millions of dollars.
What Can You Purchase From Golden Eagle Coins?
Golden Eagle Coins sells numismatic coins for collectors and investors, in gold, silver, platinum, palladium, and other metals.
Gold products: American Eagle gold coins, Canadian Maple Leafs, and gold bullion from Europe. Five to 100-ounce gold bars are also available.
Silver products: Coins, silver rounds for cryptocurrency, silver bullets, and silver bars in one to 1,000 ounces.
Platinum products: Bullion coins and bars from one to five grams.
Palladium products: Eagles and bars.
Rhodium: Bars in one to five ounces.
Copper: Coins and rounds including Morgan Rounds, Saint-Gaudens Rounds, and Walking Liberty Rounds.
U.S. Coins: Coins dated pre-1933, commemorative coins, half dollars, mint sets, and proof sets.
Currency: Colonial currency, Confederate notes, fractional currency. Notes range from $1 to $1,000.
Foreign coins and notes: Currency from over 100 countries.
Ancient coins: Gold and silver coins from the Arabic, Greek, Roman, and medieval eras.
Processing Time of a Purchase Order
Orders typically are shipped six to eight days after the funds are confirmed. During periods when there are peaks of activities, shipping can be 9-15 business days. Depending on the content of the shipment, some orders might take longer to process.
An example of this might be order with a long list of coins, or an order for a complete set that takes time to assemble correctly.
To expedite processing time, you should enter the name of the cardholder, the billing address, and the phone number in exactly the way they are entered in your card account.
If you have specific shipping needs, you can call Golden Eagle Coins to discuss them.
Shipping and Fees
All shipments are sent through USPS-insured mail. The package is insured for the full value of the content. Orders below $110 are sent by First Class Mail. Orders $110 to $1,900 are sent by Priority Mail. Orders above $1,900 are sent by Registered Mail.
When your order is shipped, you will get a notification that includes your USPS tracking number. You can also track your order on the Golden Eagle Coins website's order status page.
Packages that are sent by USPS First Class, Priority, Express, or Registered Mail are insured for the content's full value. Packages that are heavy or oversized are shipped by FedEx Ground.
All shipments require a signature. USPS will make three attempts in delivery before sending it back to Golden Eagle Coins.
Shipping fees are determined by the value of the order:
USPS Standard: FREE for orders above $100. $10 for orders below $100.
USPS Priority: $15
USPS Express: $25 (not available for orders paid by credit card or Paypal)
The shipping cost does not include the cost of processing bullion purchases. Shipping fees are not refundable.
Advantages of Paying with Cash
The prices of bullion posted on the Golden Eagle Coins website are discounted for cash payment. If you pay by money order, check, cashier's check, or bank wire, you are eligible for the cash discounted price.
If you pay by credit card or Paypal, you will not get the cash discounted price, which amounts to a 3-4% discount. This amount will be added to your shipping fee. This is not an extra fee, but it is a non-discounted price because you choose not to pay with cash.
Return Policy
Golden Eagle Coins wants its customers to be happy with their purchases. So, if you are not satisfied, just inform them within seven days. They will provide you with instructions on how to send back the item in its original packaging.
They will issue you a refund or exchange it for a product that has the same value.
They will also issue refunds on certified coins and bullion. However, the company might require you to pay for any loss of market value incurred for the return, in addition to a restocking fee.
Any market gain on the product goes to the company. If you prefer an exchange, the company reserves the right to find you an acceptable replacement or issue you a refund.
If you paid by credit card, the company will apply a standard restocking fee of 6%.
Investing in Gold and Silver
Gold and silver are not like paper investments that depend on the value of a company, which can fluctuate based on the company's performance. Metals are always in demand around the world.
They have intrinsic value that is real. This reassures you that you have something of value that will not be affected by the economy, inflation, devaluation of the currency, or other unstable situations.
This becomes very important during times when the economy is in a downturn. Precious metal prices tend to go up. If you want a way to make money during bad economic times, investing in gold and silver is one of the best things you can do.
Although the modern economy looks nothing like the ancient times when farmers had to barter their crops and people traded services for goods, gold and silver remain highly desirable, just like how they were valued back then.
Throughout history, precious metals have been a symbol of wealth. As long as people around the world continue to place a high value on gold and silver, they will remain a sound investment.
What Exactly is Gold Bullion?
The term "bullion" refers to bulk precious metals. These are common commodities. Bullion usually comes in the form of bars, but it also comes as coins. Gold bullion is subject to strict regulations.
In the EU, gold bars must be at least 99.5 percent pure. Coins must be at least 90 percent pure. The value of bullion bars and coins is determined by the precious metal content and the metal's purity.
Bullion can be used in its raw form or as an investment you can see and touch.
Why Should You Purchase Gold Bullion?
Gold bullion adheres to the highest quality standards. Throughout the years, the value of gold has held steady and has even gone up. People invest in gold as a hedge against an unstable currency that can collapse.
For instance, if the dollar devaluates, gold bullion will not lose any value. Gold bullion is a solid way to add diversification to a portfolio.
Gold can be a supplement to retirement savings. For instance, you can add gold to your retirement portfolio by opening a gold IRA.
Gold Proof Coins
Proof coins are produced for the collectors market. They come in a special package. They are highly polished and exceptional in their detail. During the striking process, specially polished blanks have used that result in a flawless finish.
They are produced in limited quantities. Collectors are willing to pay a premium on proof coins because of their beauty and scarcity.
Bullion and proof coins are sound additions to any investment portfolio.
If you ask any financial advisor, they will all tell you that diversification is the key to reducing risk exposure in your investment portfolio. Owning precious metals is a solid way to add diversification to your other types of investments.
Owning bullion and proof coins takes the diversification a step further. When you purchase both, you will see the different ways that these investments react to different conditions.
If you are looking to purchase gold as an investment for retirement, you will be glad to know that the bullion and proof Gold Eagle coins from the U.S. Mint are eligible to be included in a self-directed IRA for precious metals.
You can enjoy similar tax benefits as what regular IRAs offer you. Plus, you get to enjoy security and good profit potential with your investment in these gold coins.
Conclusion
Investors report a good experience when purchasing gold bullion and other precious metal products from Golden Eagle Coins. This is something to keep in mind if you decide to purchase gold bars and products.
People who live around Maryland can visit their showroom and purchase gold bullion in person. They offer competitive prices on their products, plus they offer free shipping for orders over $100.
Their website is easy to navigate. They have a long, solid history and a good reputation, which puts them ahead of their competition.
Or
>> CLICK HERE to read our list of the top gold investing companies. <<
Or, if you like what you have read about Golden Eagle Coins, you can go to there website below:
I started BMOGAM Viewpoints as a way to compile all my views on investing in one place. I own my home, have some real estate, and own a few stocks like most people, but what really drives my interest in investing is I have a strong love of precious metals, especially gold.
