American Gold Eagle Coin

American Gold Eagle Coin
The American Gold Eagle coin is a gold coin produced in the United States of America. It was first released in 1986 after the passing of the Gold Bullion Coin Act of 1985 and is manufactured and backed by the United States Mint for weight and gold content.

The United States Gold Eagle coin is decorated with a picture of Lady Liberty on the obverse, and an eagle holding an olive branch flying above his nest onthe reverse. Two versions of the American Gold Eagle coin are released: A circulation grade version, made from an alloy of silver and copper, and the investent grade or proof version, containing pure 99.99% gold. The American Gold Eagle circulation grade verison is guaranteed to contain the amount of gold stated on the coin in troy ouces but weights more due to its alloy components. For example, the 1 oz troy ounces gold circulation coin weights 1.0909 troy ounces and contains 1 troy ouce of gold. They coins are produced with different minting processes which result in the gold content of the circulation and investent grade coins the same but the weight slightly different. The American Eagle coin are offered in gold weights of 1/10oz, 1/4oz, 1/2oz, and 1oz weights.

The market value of the coin is usually equal to the price of gold and not the face value. The United States mint places a small mint premium on coin sales.


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