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GOLD
EAGLE
Your Guide to Buying
About Gold Eagle
Gold
Eagle Coins
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Maple Leaf
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Gold
Eagle
The Gold American Eagle
American Eagle gold coins were first issued in 1986 by the U.S. Mint.
They are available in 1, 1/2, 1/4 and 1/10 troy ounces.
1 Oz.
Gold American Eagle Coins
Specifications:
The content of a gold American Eagle coin is:
91.67% gold (22 karat), 3% silver, and 5.33% copper.
Diameter: 32.70 mm
Thickness: 2.87 mm
Gross weight: 1.0909 troy oz (33.930 g)
Face value: $50
Edge: Reeded
Minted to exacting standards, the obverse (front) design is inspired by
what's often considered one of America's most beautiful coins: Augustus
Saint-Gaudens' celebrated $20 gold piece, minted from 1907-1933. The
reverse design, by sculptor Miley Busiek, features a male eagle
carrying an olive branch flying above a nest containing a female eagle
and her hatchlings.
Gold is an internationally recognized monetary and financial asset held
in reserve by major governments.
Each of the four sizes contains 91.67% gold (22 karat), 3% silver, and
5.33% copper.
1/10 troy oz coin
Diameter: 16.50 mm
Thickness: 1.19 mm
Gross weight: 0.1091 troy oz (3.393 g)
Face value: $5
1/4 troy oz coin
Diameter: 22 mm
Thickness: 1.83 mm
Gross weight: 0.2727 troy oz (8.483 g)
Face value: $10
1/2 troy oz coin
Diameter: 27 mm
Thickness: 2.24 mm
Gross weight: 0.5454 troy oz (16.965 g)
Face value: $25
1 troy oz coin
Diameter: 32.70 mm
Thickness: 2.87 mm
Gross weight: 1.0909 troy oz (33.930 g)
Face value: $50
(One troy oz. is 31.103 grams)
The reverse, designed by Miley Busiek, features a male eagle carrying
an olive branch flying above a nest containing a female eagle and her
hatchlings.
The U.S. Mint produces proof versions for collectors. In July 2009 the
U.S Gov. sold 86,000 one ounce coins as compared to 47,000 in July
2008.
During the first few years of American Eagle gold bullion coin
production, the U.S. Mint did not use standard dates on the coins.
Instead, the date was
given in Roman numerals.
MCMLXXXVI
- 1986
MCMLXXXVII
- 1987
MCMLXXXVIII
- 1988
MCMLXXXIX
- 1989
MCMXC
- 1990
MCMXCI
- 1991
Beginning
in 1992, the dates on U.S. gold eagle coins are modern
standard digit years.
Gold
Eagle bullion coins can be bought and sold at local coin dealers or
online. A premium is usually added in addition to the spot price of
gold for each coin when you buy. These premiums vary dealer to dealer
but generally
follow the trend.
Generally you will pay more for fractional coins than the 1 oz. coin on
a basis of gold content. For example, if the 1 oz. gold eagle coin is
selling
for $1,742 you would expect the 1/2 oz. gold eagle coin to sell for
half or $871,
but instead, the half oz. gold coin usually would sell for about $914
or $43
more. The same holds true for the 1/4
oz. and the 1/10 oz.
gold coins.
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/images/sp_en_6.gif)
If
buying online, an additional charge for shipping
and insurance may apply. The current spot price is available online
from www.kitco.com
when the markets are open. Always buy from a known
reputable source. Coin dealers who are members of the American
Numismatic Association subscribe to a code of ethics which generally
makes them more trustworthy.
www.apmex.com
www.providentmetals.com
http://www.blanchardonline.com
1-800-880-4653
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