The US Mint has long been recognized for producing popular bullion coins such as the 1 oz Gold Eagle coin, crafted in 22-karat gold with one troy ounce of pure gold content per coin.
Gold Eagle coins carry a face value of $50 and are legal tender backed by the US government. Their gold content, weight, and purity is guaranteed.
The Price of Gold
Gold Eagles are one of the top selling modern gold coins in the US, being among their top sellers and holding 1 troy ounce of pure gold and featuring small amounts of silver and copper alloyed in to ensure strength and durability. Gold Eagle coins are issued and certified by the United States government and come with legal tender values that range from $50 US (for 1 oz coins), $25 US for 1/2 oz, $10 US for 1/4 oz and $5 for 1/10 oz coins. Augustus Saint-Gaudens’ iconic depiction of Lady Liberty from his 1907 Double Eagle gold coin can be found on its obverse. Miley Busiek created its reverse depicting an American Bald Eagle carrying an olive branch to his nesting pair and young. Furthermore, an olive branch symbolizes unity. Additionally, “E Pluribus Unum” and “In God We Trust” completes its design.
The obverse of each coin features the date; from 1986-1991 this was expressed using Roman numerals; since 1992 standard Arabic numerals have been employed. Furthermore, its weight, purity and content are stamped along its edge alongside a mint mark identifying it as produced at West Point Mint in New York.
Money Metals Exchange tracks the current gold spot price, which fluctuates daily based on demand and supply factors, to provide live pricing information at any given moment. Eagles can be priced based on this current value; their pricing can also change daily due to factors like demand/supply imbalance. Whether purchasing online or physically from our showroom location.
Gold bullion investments have grown increasingly popular as an alternative way of diversifying investment portfolios, as more investors turn to physical precious metals as an insurance against inflation and the weakening dollar. Coins such as the Gold Eagle are even eligible to be held in self-directed Individual Retirement Accounts (IRA’s), unlike most collector coins which cannot due to IRS restrictions – making them an excellent addition to any portfolio.
