American Eagle Gold Coin
Description
This exquisitely crafted 22kt gold coin is the American Gold Eagle. Historic and beautiful, it is a must have a for any collection.
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Background
Authorized under the Gold Bullion Coin Act of 1985, the American Eagle Gold Bullion Coin is an exquisitely crafted United States 22kt gold bullion coin. The coin was first released in 1986 by the United States Mint. Not only is this coin highly collectible, but it is also one of the most popular coins in the world. The American Gold Eagle uses the weight of the bullion coin to differentiate between other similar coins made after 1933. This specific coin is a 1/2 ounce coin. Other coins exist at 1/10 oz, 1/4 oz, and 1 oz denominations. However, there is a difference between bullion coins and proof coins, this specific coin is a bullion coin.
Design
With flowing hair, Lady liberty is on the obverse side of the American Eagle Gold Coin. Likewise, she is holding a torch in her right hand and an olive branch in her left. The design is based on the $20 Saint-Gaudens Gold Coin which Theodore Roosevelt commissioned with the purpose of creating United States minted coins that resemble ancient Greek and Roman coins. Between 1986 and 2021, the reverse design featured a male eagle. The eagle is carrying an olive branch flying above a nest containing a female eagle and her eaglet. Though, as of 2021, this same side of the coin now depicts a close-up side profile of an eagle.
American Eagle Gold Coin Composition
The beautiful 22kt American Eagle Gold Coin contains silver and copper making the coin more wear-resistant and durable. The exact composition of the coin is 91.67% gold, 3% silver, and 5.33% copper. Under United States law, the gold in the coin must be sourced from within the United States. As for the dimensions, the coin is 1.063 inches in diameter, 0.0881 inches in width, and 0.5454 troy ounces (16.965 grams). The coin is legal tender for all debts public and private at its face value. Although the face value of this coin is $25, the intrinsic value is much greater because of its weight in gold and current precious metal prices. In conclusion, this precious coin makes the perfect gift for graduations, weddings, Mother’s or Father’s Day, and any other special occasion worth commemorating.
