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THE COIN YOU RECEIVE WILL BE A DATE OF OUR CHOICE AND WILL UNLIKELY MATCH THAT OF THE IMAGE.
The American Gold Eagle is one of the official Gold Bullion Coin of the United States Mint. These coins are guaranteed by the U.S. government to contain 1 oz (troy ounce) of fine gold. By law, the gold must come from sources in America.
This American eagle coin is alloyed with silver and copper to produce a more durable metal coin enabling it to withstand common usage without significant damage (compared to many popular pure 9999 gold coins. The resulting Gold American Eagle is a 22 karat coin with a purity of 91.67% gold, 3.0% silver, and the remaining 5.33% is copper. The Coin weighs more than an ounce so that the Actual Gold Weight (AGW) is 1 ozt. It is authorized by the United States Congress and is backed by the United States Mint for weight and content.
The 1oz American gold coin has a face value of $50 and is considered legal tender. However, the trafing value is determined by the price of spot gold. Like all commodities, this value fluctuates with market prices as determined by various commodity exchanges. In the United States, the primary determiner of the gold price is the NYMEX (New York Mercantile Exchange). Their actual selling prices vary based on the current spot price of gold and the premium for the demand in the current market.
The obverse design features a rendition of Augustus Saint-Gaudens' full length figure of Lady Liberty with flowing hair, holding a torch in her right hand and an olive branch in her left, with the Capitol building in the background on the left. The reverse design of the American Gold Eagle, by sculptor Miley Busiek, features a male eagle carrying an olive branch flying above a nest containing a female eagle and their hatchlings. The American Gold Eagle is truly an iconic design.
The American eagle coin is IRA eligible. It is the only 22k coin that is IRA eligible as requirements generally are that gold bullion coins be from specific manufacturers and be 9999 fine gold, with the exception being the American Gold Eagle.
If you are looking for a highly liquid, beautifully designed, and world recognized gold bullion coin, the 1oz Gold American Eagle is a great choice.
|Mint||United States Mint|
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