American Gold Eagle is an official gold bullion coin of the United States. It is extremely popular for their beautiful, patriotic design and gold value. Since its stability, liquidity and diversity, the investors are pleasure to add to their investment portfolio.
American Gold Eagle
History of gold Eagle
The American gold eagle was first released by the United States Mint in 1986. From 1986 to 1991, the Gold Eagles minted are dated with Roman numerals. In 1992, the United States Mint switched to Arabic numbers for dating Gold Eagles. Since the recent years, it has become the world's most widely traded gold bullion coin.
Design of Gold Eagle
Each American Eagle Coin has a striking imagery which indicates the American spirit and character. The obverse design, is a graceful Lady Liberty with flowing hair, holding a torch in her right hand and an olive branch in the left, with the inscription " LIBERTY " and includes both the date of issue and the individual mint mark of origin, that was first created by Augustus Saint Gaudens for the 1907-1933 $20 U.S. Double Gold Eagle gold coin. The reverse design is "A Family of Eagles" which features a male eagle carrying an olive branch flying above a nest containing a female eagle and her eaglets, designed by Mrs. Miley Busiek.
Face Value & Market Value
There are four sizes of American Gold Eagles: 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz, and their corresponding face value are $50, $25, $10, $5. Those face values are legal, reflecting their issue and monetized value as coins. However, the face value of gold eagle is not equal to the market value. In fact, each American Gold Eagle's price is according to the current market gold spot price plus a premium per coin.
Provided in 1 oz, 1/2 oz, 1/4 oz and 1/10 oz denominations, those coins are 22 karat containing 91.67% gold, 3% silver, and 5.33% copper. By law, the gold material of gold eagle is must come from sources in American. The United States government guarantees the quality of gold eagle coins. Below lists detailed information of four sizes specification:
|ROUND||FACE VALUE||DIAMETER||THICKNESS||GOLD CONTENT||TOTAL WEIGHT||GOLD FINENESS|
|1/10 oz||$5||16.5 mm||1.26 mm||0.1000 oz||0.1091 oz||916.7|
|1/4 oz||$10||22 mm||1.78 mm||0.2500 oz||0.2727 oz||916.7|
|1/2 oz||$25||27 mm||2.15 mm||0.5000 oz||0.5454 oz||916.7|
|1 oz||$50||32.7 mm||2.87 mm||1.0000 oz||1.0909 oz||916.7|
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