1 oz American Gold Eagle Coin(Random Year)
The 1 oz American Gold Eagle Coin bears a face value of $50 but the gold value is much more. These Gold coins are alloyed with silver and copper and have a purity of 91.67% or 22k which means they are more wear-resistant coins. Although these Eagle Coins are made of 22k gold, it still contains 1 troy oz of pure gold as the coin itself weighs around 1.0909 troy oz total, resulting in 1 troy oz of pure gold content. The 1 oz Gold American Eagle coin was introduced in 1986 and is 1.287 inches (32.7mm) in diameter, weighs 1.0909 Troy Oz ( 33.93 grams ) and has a denomination of $50 USD. Since American Gold Eagle coins are legal in America, these gold coins are easy to buy and sell online. The coins are comprised entirely of American gold, making them the best USA mint gold coins, and their authenticity is guaranteed by the US government. Most of these coins are minted in West Point. Investing in gold such as these can be a great way to diversify your precious metal portfolio. You can buy gold bullion coins such as American Eagle gold coins that are backed by a precious metal certificate. This means that if the value of gold goes up, you will be protected. If gold goes down, you are not at risk because you can just redeem your coin for cash. Most people only look at the value of the coins on the day of sale. As an investment piece, this type of bullion has always been among those that are considered as a safe haven asset which means they will hold their value even during times when other investments like stocks can go down dramatically making them an excellent choice. Design of 1 oz American Gold Eagle Coin The obverse side of the 1 oz Gold American Eagle coin features the design based on the Saint – Gaudens’ Double Eagle which was designed by Augustus Saint Gaudens and introduced into circulation in 1907. The Double Eagle is considered the most beautiful design ever produced by the US Mint till up today and the double eagle design is adapted to feature the new American Gold Eagle Coin. The obverse design of 1 oz American Gold Eagle coin features the most iconic images that have ever been integrated into a coin design. The Lady Liberty with her long hair striding forward on the mountaintop with rays of the sun rising behind her, holding a torch in her right hand, and the olive branch of peace on the left is depicted on the coin. The word “Liberty” is depicted at the top of the Lady Liberty and the image of the Capitol building along with the year of mintage is depicted on the bottom of the coin. On the reverse side of the coin are the American eagles for which the coin is named. The reverse of the American Eagle 1 oz Gold Coin features the depiction of a family of American bald eagles, surrounded by an encircling shield which was designed by the sculptor Miley Busiek. The reverse side features the bald American eagle carrying an olive branch flying above its nest where her young are awaiting feeding while inscriptions read “E Pluribus Unum” meaning from many – one and “In God We Trust”. The Phrase “UNITED STATES OF AMERICA” is displayed at the top along with the weight, purity, and denomination displayed at the bottom. Main Highlights of American Gold Eagle 1 oz Coin Contains 1 troy oz of .9167 fine gold Official bullion gold coin of the United States. Manufactured by the US Mint. Brilliant Uncirculated condition. Each Gold coin comes in plastic flips. Bears a face value of USD $50 and is backed by the Federal Government. Eligible for Precious Metal IRAs. Features the depiction of Lady Liberty with a torch and olive branch on the obverse. Features the depiction of a family of magnificent American bald eagles along with the weight, purity, and denomination of the gold. Product Specifications: American 1 oz Eagle Gold Coin Specification Detail Condition Uncirculated Brand The United States Mint Purity .9167 ( 22 karats) Categorized Weight 1 Oz Actual Gold Content 1 Troy Oz ( 31.103 Grams ) Gross Weight ( including silver & copper ) 1.0909 Troy Oz ( 33.93 grams ) Face Value $50 Thickness 2.87 mm Diameter 32.7 mm IRA Approved Yes Made In Primarily West Point
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