The American Eagle Gold Coins

American-Gold-Eagle-Coin

The American Gold Eagle Coin, was first issued by the U.S. Mint in 1986. It is the official gold bullion coin of the United States of America.

The Gold Coin design is unique; the front of the coin features Lady Liberty with flowing hair, holding a torch in her right hand and in her left hand holding an olive branch. For the back of the coin there’s a male eagle holding an olive branch flying above a female eagle sitting her nest with her eggs waiting to hatch.

The American Eagle Gold Coin, the most trusted gold coins to buy, is minted in four weights, one-ounce, one-half ounce, one quarter ounce and one-tenth ounce. The weights are guaranteed by the U.S. government to be the exact weight in troy ounces. The gold coin has to be bought within a source in America, by law. It is authorized by the U.S. Congress for its weight and content (22 Karat). The four weights of the coins alloy 91.67% gold, 3% silver and 5.33% copper. The details and legal values are as the following:

  • The 1 oz coin’s dimensions are 32.70 mm diameter and 2.87 mm thick, with a $50 face value.
  •  The 1/2 oz coin’s dimensions are 27.00 mm diameter and 2.24 mm thick, with a $25 face value.
  • The 1/4 oz coin’s dimensions are 22.00 mm diameter and 1.83 mm thick, with a $10 face value.
  • The 1/10 oz coin’s dimensions are 16.50 mm diameter and 1.19 mm thick, with a $5 face value.

Gold Eagles minted 1986-1991 are dated with Roman numerals. In 1992, the U.S. Mint switched to Arabic numbers for dating Gold Eagles.

The purchasing value of the American Eagle Coins in the market is based on its gold content, not for its face value. While the collectors’ editions, the coin’s value is in its gold content and its face value. These coins are produced at the West Point Mint located in West Point, New York. The U.S. Mint issues a proof version for coin collectors, these coins are marked “W” below the data.

  • Wolverine

    Even 24K gold is not 100% pure. As such, how pure is the gold in the 91.67% portion? It follows some standard such as 99.97% pure or greater, correct? So to be more precise, ifunder such an example, it would be no lessthan 91.64% absolutely pure gold. Is this correct? Or, is the 91.67% the absolute minimun kd pure gold, which would mean they actually add. Enough grains to achieve 91.6975%. Either way, the assumed 99.97% purity or better rule is still met.