American Gold Eagle Bullion Coin

The American

Gold Eagle bullion coin is an official gold bullion coin of the United States

of America. The American Gold Eagle came into being after the passing of the

Gold Bullion Coin Act of 1985, and were first released in 1986. American Gold

Eagle bullion coins are composed of 91.67% gold, 3% silver, and 5.33% copper.

The reason American Gold Eagle coins are not pure gold, and are instead alloyed

is to give the coin some added hardness, as pure gold is a very soft metal.

The 22kt pureness of American Gold Eagle coins is what is commonly referred

to as crown gold. The American Gold Eagle represents the first time the United

States has used crown gold for its coins since 1834. From 1837 until 1986, when

the American Gold Eagle debuted, gold American coins were ninety percent pure.



The American

Gold Eagle coin comes in a variety of sizes: 1/10th ounce American Gold Eagle

coins, 1/4 ounce American Gold Eagle coins, 1/2 ounce American Gold Eagle coins,

and 1 ounce American Gold Eagle coins. All American Gold Eagle coins are measured

in troy ounces, or fractions thereof.



The obverse

design of the American Gold Eagle coin features a rendition of Augustus Saint

Gaudens' full length Lady Liberty Figure with flowing hair, bearing a torch

in her right hand, and an olive branch in her left hand. The American Gold Eagle

coins obverse also feature the capitol building on the left hand side of Lady

Liberty.



The reverse

design of the American Gold Eagle bears a male eagle with an olive branch in

its talons, flying towards a female eagle and her hatchlings in a nest. This

reverse design of the American Gold Eagle was designed by sculptor Miley Busiek.



American

Gold Eagle coins are dated using Roman numerals from 1986 to 1991. From 1992

until the present day, American Gold Eagle coins are dated using traditional

Arabic numerals. Because American Gold Eagle coins are legal tender currency,

they all have a dollar value, but that dollar value is lower than the intrinsic

value of the gold contained in American Gold Eagle coins. The 1/10 ounce American

Gold Eagle coins have a 5 dollar value; the 1\4 ounce American Gold Eagle coins

have a ten dollar value; the 1\2 ounce American Gold Eagle coins have a twenty

five dollar value; and the one troy ounce American Gold Eagle coins have a fifty

dollar value. Because of this, the American Gold Eagle coins can be used to

pay all debts, public and private according to law, although it would be foolish

to do that rather than sell them for their gold content.



(702) 256-2646

30 Years Buying Precious Metals in Las Vegas Valley

The owner of the original Jewelry Exchange, founded in 1984, brings state of the art digital jewelry buying into a new millennium at Nevada Coin & Jewelry. Read more