The American Eagle gold coin is the option for numerous Americans who wish to include gold in their portfolios, whether they’re into gold coin gathering or merely desire the security of the yellow metal.
American Eagles were introduced in 1986 and because that time, the United States Mint has produced these coins in 1 ounce, 1/2 ounce, 1/4 ounce and 1/10 ounce weights.
The American Eagle gold coin includes Augustus Saint-Gaudens’ Liberty style, which was utilized on the $20, or double eagle, U.S. gold coin from 1907 to 1933.
It has a lower-budget counterpart in the American Eagle silver coins, which include Adolph A. Weinman’s “walking liberty” style, which grades the half dollar coin starting in 1916.
The United States Mint picked two types of gold coin items: Bullion coins for investors and the American Eagle proof coins and uncirculated coins for collectors. The bullion coins can be found in platinum (just because 1997), gold and silver, however, the gold Eagle coin is most likely the best understood. The coins are made with American-mined metal.
Contains a full ounce of gold
A 1-ounce gold Eagle contains 1 ounce of great gold, but it’s blended down to 22 karats for sturdiness. (It’s 0.9167 fine, blended with copper and silver.) That implies each coin weighs about 1.1 ounces.
They’re easy to purchase and sell, from a lot of significant coin and precious metals dealers, and can be consisted of an IRA. In Arizona where I live, for instance, there are ten dealers signed up with the U.S. Mint who deal in the coins. However, all are in the cities.
As with all American Eagle gold coin, the Eagles are produced at the United States Mint at West Point (well secured!) and carry the W mint mark.
As with all such coins, the buying or market price is a factor of the present market for gold.
The American Eagle platinum bullion coin is 0.9995 pureness. As with all coins of the series, it carries an actual face value (though these are far less than the cost of metal included, it does make them legal tender) and the platinum coin, at stated value of $100, brings the most significant amount ever for an American coin. The American Eagle gold coin has a $50 stated value and the silver coin, as would be anticipated, $1.
The U.S. Mint chose on two types of gold coin products: Bullion coins for investors and the American Eagle evidence coins and uncirculated coins for collectors. The bullion coins come in platinum (only since 1997), gold and silver, but the gold Eagle coin is probably the finest known. As with all coins of the series, it carries an actual face value (though these are far less than the worth of metal consisted of, it does make them legal tender) and the platinum coin, at face worth of $100, carries the most substantial quality ever for an American coin.