The Gold American Eagle coin is one of the most sought-after bullion coins on the market, backed by both its weight and content being controlled by the United States government.
Diversifying your portfolio with valuable coins that are widely recognized worldwide and highly liquid is also an excellent way to protect against economic instability.
Price
American Gold Eagle coins are valued based on their precious metal content and value; gold being recognized by all governments around the world as an asset worth keeping as money. Coins come in weights of 1/10th, 1/4th, 1/2th and one-ounce with face values ranging from $5 (1/10th oz), $25 (5oz), $50(1/2oz)and $100 (1 oz).
Gold Eagles are produced by the United States Mint at both locations – Philadelphia and West Point – under authority of the Gold Bullion Coin Act of 1985 and feature Augustus Saint-Gaudens’ classic likeness of Lady Liberty on their reverse design.
The American Eagle gold coin is an affordable bullion investment option and a solid choice for retirement savings or an IRA account. Minted in both proof and burnished uncirculated finishes, each has unique qualities valued by collectors; with proof editions often being more costly due to intricate detailing.
Weight
American Gold Eagle coins vary in weight depending on when they were first released into circulation, but generally fractional sizes such as 1/10 ounce and 1/2 ounce are more cost-effective than their 1 troy ounce counterparts.
Gold Eagle coins are legal tender in the United States, bearing face values of either $50 (1/2 oz) or $25 (1/10th oz), although their true worth depends on how much gold content there is in them – its price fluctuating according to global markets.
These bullion coins are popular with investors and collectors worldwide. Available in both proof and uncirculated finishes, proof coins feature limited edition features with extra polished backgrounds while uncirculated American Gold Eagles offer more practical solutions with their higher purity of 916.7 gold content than regular bullion coins, making them a valuable addition to your precious metals portfolio.
Purity
Gold American Eagle coins offer more fineness – or percentage of fine gold content in each coin – than pure gold bars, due to their use of 22-karat gold which is stronger and more resistant than pure gold, making these coins suitable for investors who plan on handling their bullion frequently.
On each coin’s obverse is depicted a full-length image of Lady Liberty with her flowing locks and raised torch of freedom, along with a flying Bald Eagle in the background and Capitol Building to her left.
Money Metals Exchange guarantees each coin’s face value, weight and purity as guaranteed by the United States government. Our selection includes 1 oz Gold American Eagle as well as 1/2 oz, 1/4 oz and 1/10 oz American Gold Eagles in Brilliant Uncirculated (BU) condition or Proof versions from U.S. Mint coins – you have many choices when shopping with us!
Mintage
Scarcity can drive prices upward, according to Diehl; collectors have been willing to pay 15% more than spot for proof versions of American Eagle coins produced every year.
As one-ounce Gold Eagles are not designed to be spent with merchants, their true value lies within the gold content itself and fluctuates according to market forces based on its current spot price.
The Gold Eagle coin series offers investors looking to diversify their investment portfolio or add a piece of United States history to their collection an ideal way to do both. Each coin features Augustus Saint-Gaudens’ iconic design of Lady Liberty while Miley Busiek Frost created family of eagles on its reverse. Each coin contains gold that measures 916.7 fine or 22 karats.
