For investors and collectors who choose to purchase gold bullion, the American Gold Eagle coin is a fine method of adding real value to your portfolio. First released back in the mid-1980s, it’s the official gold bullion coin of the United States. There are four different coins that are offered, the one tenth oz, one quarter oz, half oz, and the 1 oz coins. Each has a different amount of gold weight and is offered to the public to purchase.
For collectors and others who choose to invest in gold, the American Gold Eagle coin is a great way to add value to your portfolio. First released back in the 1980s, it’s the official gold bullion coin. There are four different coins that are offered, the one tenth oz, one quarter oz, half oz, and the 1 oz coins. Each has a different amount of gold weight and is offered to the public to purchase.
One side of the American Gold Eagle coins have Lady Liberty as done by Augustus Saint-Gaudens’. A lovely picture that shows her hair flowing, holding the torch in one hand and an olive branch in the other. While on the other side is the American gold eagle flying holding an olive branch, over a nest that shows a female and babies. This was taken from a design done by famed sculptor Miley Busiek.
The coins are not based on the face value that is listed on the different troy ounces that are available, but what the gold content is in each coin. Recent values of the coin were as follows. For a $5 gold eagle it would have a value of about $130, while coins that displayed a face value of $10 had a value of $275. The $25 face value coin was worth $550, and the last coin available of $50 face value would be worth over $1,000.
Depending on the current spot price of gold, the market will be the determining factor as to the price that you might hope to achieve from the liquidation of your coins. Nearly all of these types of coins will be produced at the New York at West Point Mint. These American Gold Eagle coins contain a combination of 91. 67% gold,3% silver and 5.33% copper alloy.
In regard to the coin’s sizes, the 1/10 ounce coin measures 16.50 mm in diameter, and is 1. 19 mm in thickness, with a weight of 3.393 grams. Those 1/4 ounce coins are a diameter of 22 mm, thickness of 1. 83 mm, and weigh 8. 483 grams. For the 1/2 ounce coins you have a 27 mm diameter, 2. 24 mm thickness, and a weight of 16. 965 grams. Finally, the 1 ounce gold coin measures 32. 70 mm in diameter, 2. 87 mm thick, and weighs 33. 93 grams.
Between the years of 1986 to 1991 Roman numerals were employed to date the coins. Beginning soon after that it was switched to Arabic numbers for the dates. The American Gold Eagle is an item that is not only a terrific investment, but gorgeous to see. Any coin that is a great investment, as well as something that you can enjoy looking at is worth looking into. Today you can get a piece of history while increasing the value of your gold bullion portfolio, as american gold eagles are well worth the purchase price.
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