Risk Disclosure

Please read our Market Loss Policy

Authenticity Risks

Forgery and counterfeiting are risks associated with the purchase of rare coins. To minimize these risks, it is recommended that investors only buy coins certified by one of the leading coin grading services (NGC and PCGS). With the exception of uncertified circulated coins, each coin sold by the American Eagle Reserve and Aerlooms has been graded by either the Professional Coin Grading Service (PCGS) or by Numismatic Guaranty Corporation (NGC). Each of these coin grading services is recognized within the coin grading industry for its superior expertise and each guarantees unequivocally that coins certified by it are authentic. The American Eagle Reserve and Aerlooms relies upon those guarantees in selling coins, and does not independently verify whether certified coins are authentic. Accordingly, the American Eagle Reserve and Aerlooms expressly disclaims any express or implied warranties otherwise attaching to the coins, including that the coins are merchantable.

Grading Risks

The value of a coin is highly dependent upon the condition or ‘grade’ of that coin. Since coin grading is a subjective process, there is a risk in acquiring coins whose grade have not been independently certified by one of the leading independent coin grading services. The possibility exists that a coin could be misgraded by one of these independent grading services, and it is possible for such services to assign a different grade to the same coin upon resubmission. The guarantees provided by such services provide protection against misgrading, given the continuing solvency of the services. The American Eagle Reserve and AERLOOMS cannot be responsible for any of the services’ guarantees or for subsequent changes in their policies and expressly disclaims implied warranties associated with the grades assigned by PCGS and NGC.


The coin market is subject to substantial fluctuations including significant and rapid increases and decreases in value from time to time. Investors must be able to assume the risk of such price fluctuations.

Investment Performance

During the period in which relatively accurate statistics have been maintained, many rare coins have shown an excellent record as appreciating assets. The American Eagle Reserve and Aerlooms believe that rare coins are excellent long-term investments, but the future is never certain. The past performance of coins is a guide, not a prediction, of future events. The American Eagle Reserve and Aerlooms are always prepared to assist you in selecting coins for your portfolio or collection. You understand, however, that the decision to purchase coins, and which coins to purchase, is ultimately yours alone.

Unregulated State of the Rare Coins Market

The coin market is not subject to some of the forms of governmental regulation applicable to other forms of investment. Conversely, there can be no assurance that, in the future, regulations that materially affect the coin market will not be imposed. At present, there are no restrictions on the ownership of rare coins, and rare coin ownership offers certain tax and privacy advantages. However, there is no guarantee that the existing electronic coin exchange, which has brought certain benefits to the rare coin market, may not limit or suspend its operations, which could be disruptive to the rare coin market.

Bid Price

The American Eagle Reserve and Aerlooms are major buyers of rare coins. If you wish to sell your coins in the future, we encourage you to offer them to us first, although we cannot guarantee to make a bid on every coin or that our bid will equal or exceed those from other coin dealers. Should the American Eagle Reserve and Aerlooms make a bid on your coins, it is our current practice, which is subject to change without notice, to offer to buy back coins that it currently sells. The American Eagle Reserve and Aerlooms will offer the current bid price (the price at which it buys back coins sight-unseen from its clients). That bid price is raised or lowered on a daily, even hourly, basis, depending upon various market conditions, our inventory needs and the price and availability of comparable coins.

Economic Forces

The success of and investment in rare coins is dependent, at least in part, upon extrinsic economic forces including supply, demand, international monetary conditions and inflation or the expectation of inflation. The impact of these forces on the value of coins cannot be predicted with certainty. No assurance can be given that an investor will be able to sell his or her coins at a price greater than or equal to their acquisition cost. Rare coins are not suitable investments for investors seeking current income.


Any controversy or claim arising out of relating to transactions between you and the American Eagle Reserve and Aerlooms shall be settled by arbitration conducted in Jefferson County, Texas. Judgement upon the award rendered by the arbitrator may be entered in and court having jurisdiction thereof.

Terms of Use

All users of this site agree that access to and use of this site are subject to the following terms and conditions and other applicable law. If you do not agree to these terms and conditions, please do not use this site.


The entire content included in this site, including but not limited to text, graphics or code is copyrighted as a collective work under the United States and other copyright laws, and is the property of American Eagle Reserve. The collective work includes works that are licensed to American Eagle Reserve. Copyright 2003, American Eagle Reserve ALL RIGHTS RESERVED. Permission is granted to electronically copy and print hard copy portions of this site for the sole purpose of placing an order with American Eagle Reserve or purchasing American Eagle Reserve products. You may display and, subject to any expressly stated restrictions or limitations relating to specific material, download or print portions of the material from the different areas of the site solely for your own non-commercial use, or to place an order with American Eagle Reserve or to purchase American Eagle Reserve products. Any other use, including but not limited to the reproduction, distribution, display or transmission of the content of this site is strictly prohibited, unless authorized by American Eagle Reserve. You further agree not to change or delete any proprietary notices from materials downloaded from the site.


All trademarks, service marks and trade names of American Eagle Reserve used in the site are trademarks or registered trademarks of American Eagle Reserve.

Warranty Disclaimer

This site and the materials and products on this site are provided “as is” and without warranties of any kind, whether express or implied. To the fullest extent permissible pursuant to applicable law, American Eagle Reserve disclaims all warranties, express or implied, including, but not limited to, implied warranties of merchantability and fitness for a particular purpose and non-infringement. American Eagle Reserve does not represent or warrant that the functions contained in the site will be uninterrupted or error-free, that the defects will be corrected, or that this site or the server that makes the site available are free of viruses or other harmful components. American Eagle Reserve does not make any warrantees or representations regarding the use of the materials in this site in terms of their correctness, accuracy, adequacy, usefulness, timeliness, reliability or otherwise. Some states do not permit limitations or exclusions on warranties, so the above limitations may not apply to you.

Limitation of Liability

American Eagle Reserve shall not be liable for any special or consequential damages that result from the use of, or the inability to use, the materials on this site or the performance of the products, even if American Eagle Reserve has been advised of the possibility of such damages. Applicable law may not allow the limitation of exclusion of liability or incidental or consequential damages, so the above limitation or exclusion may not apply to you.

Typographical Errors

In the event that a American Eagle Reserve product is mistakenly listed at an incorrect price, American Eagle Reserve reserves the right to refuse or cancel any orders placed for product listed at the incorrect price. American Eagle Reserve reserves the right to refuse or cancel any such orders whether or not the order has been confirmed and your credit card charged. If your credit card has already been charged for the purchase and your order is cancelled, American Eagle Reserve shall issue a credit to your credit card account in the amount of the incorrect price.

Term; Termination

These terms and conditions are applicable to you upon your accessing the site and/or completing the registration or shopping process. These terms and conditions, or any part of them, may be terminated by American Eagle Reserve without notice at any time, for any reason. The provisions relating to Copyrights, Trademark, Disclaimer, Limitation of Liability, Indemnification and Miscellaneous, shall survive any termination.


American Eagle Reserve may deliver notice to you by means of e-mail, a general notice on the site, or by other reliable method to the address you have provided to American Eagle Reserve.


Your use of this site shall be governed in all respects by the laws of the state of California, U.S.A., without regard to choice of law provisions, and not by the 1980 U.N. Convention on contracts for the international sale of goods. You agree that jurisdiction over and venue in any legal proceeding directly or indirectly arising out of or relating to this site (including but not limited to the purchase of American Eagle Reserve products) shall be in the state or federal courts located in Los Angeles County, California. Any cause of action or claim you may have with respect to the site (including but not limited to the purchase of American Eagle Reserve products) must be commenced within one (1) year after the claim or cause of action arises. American Eagle Reserve’s failure to insist upon or enforce strict performance of any provision of these terms and conditions shall not be construed as a waiver of any provision or right. Neither the course of conduct between the parties nor trade practice shall act to modify any of these terms and conditions. American Eagle Reserve may assign its rights and duties under this Agreement to any party at any time without notice to you.

Use of Site

Harassment in any manner or form on the site, including via e-mail, chat, or by use of obscene or abusive language, is strictly forbidden. Impersonation of others, including a American Eagle Reserve or other licensed employee, host, or representative, as well as other members or visitors on the site is prohibited. You may not upload to, distribute, or otherwise publish through the site any content which is libelous, defamatory, obscene, threatening, invasive of privacy or publicity rights, abusive, illegal, or otherwise objectionable which may constitute or encourage a criminal offense, violate the rights of any party or which may otherwise give rise to liability or violate any law. You may not upload commercial content on the site or use the site to solicit others to join or become members of any other commercial online service or other organization.


Disclaimer, The American Eagle Reserve does not and cannot review all communications and materials posted to or created by users accessing the site, and is not in any manner responsible for the content of these communications and materials. You acknowledge that by providing you with the ability to view and distribute user-generated content on the site, American Eagle Reserve is merely acting as a passive conduit for such distribution and is not undertaking any obligation or liability relating to any contents or activities on the site. However, American Eagle Reserve reserves the right to block or remove communications or materials that it determines to be (a) abusive, defamatory, or obscene, (b) fraudulent, deceptive, or misleading, (c) in violation of a copyright, trademark or; other intellectual property right of another or (d) offensive or otherwise unacceptable to American Eagle Reserve in its sole discretion.


You agree to indemnify, defend, and hold harmless American Eagle Reserve, its officers, directors, employees, agents, licensors and suppliers (collectively the “Service Providers”) from and against all losses, expenses, damages and costs, including reasonable attorneys’ fees, resulting from any violation of these terms and conditions or any activity related to your account (including negligent or wrongful conduct) by you or any other person accessing the site using your Internet account.

Third-Party Links

In an attempt to provide increased value to our visitors, American Eagle Reserve may link to sites operated by third parties. However, even if the third party is affiliated with American Eagle Reserve, American Eagle Reserve has no control over these linked sites, all of which have separate privacy and data collection practices, independent of American Eagle Reserve. These linked sites are only for your convenience and therefore you access them at your own risk. Nonetheless, American Eagle Reserve seeks to protect the integrity of its web site and the links placed upon it and therefore requests any feedback on not only its own site, but for sites it links to as well (including if a specific link does not work).