American Eagle 1oz Gold Coin Description
The American Eagle 1oz gold coin is the official bullion coin of the United States, started being issued in 1986 after being approved by the Gold Bullion Coin Act in 1985. It immediately became popular among investors because the US Mint is famous for its meticulous method of manufacturing even since 1792 when it was brought into being.
Just like the South African Krugerrand, the American Eagle 1oz gold coin has a purity of 91.70% (917 / 1000). It is the equivalent of 22 carats fineness and the alloy has the following proportions: 3% silver, 5.33% copper, and the rest is pure gold extracted from the American mines.
The price of the American Eagle 1oz gold coin is determined by the fluctuating gold spot price to which is added a small premium.
American Eagle 1oz Gold Coin Design
The obverse of the American Eagle 1oz gold coin depicts the entire picture of Lady Liberty as also inscribed at the top of the head side of the coin, LIBERTY. It is a design first encountered on the Double Eagle, engraved by Saint-Gaudens. Lady Liberty holds in one hand an olive branch and in the other a torch.
It is a design than inspires victory and the freedom that comes with it. Also on the obverse of the American Eagle 1oz gold coin is inscribed the minting year, 2010 on the coin shown on our website.
The tail side of the American Eagle 1oz gold coin illustrates the American symbol that also gives the name of this gold bullion coin, a male eagle with an olive branch in his beak that protects the female eagle found in a nest. It is an engraver realized by Miley Busiek that symbolizes the American families and their strength.
On the reverse of the American Eagle 1oz gold coin are also inscribed: UNITED STATES OF AMERICA at the top in a semicircle, E PLURIBUS UNUM and IN GOD WE TRUST at the level of the male eagle, and at the bottom of the coin 1 OZ FINE GOLD and the denomination 50 DOLLARS.
American Eagle 1oz Gold Coin Investment
Investors that for now cannot afford an investment into the American Eagle 1oz gold coin that has a denomination of $50, pricier due to its size, can turn their attention to smaller sizes like: 1/10oz $5 denomination, 1/4oz $10 face value, and 1/2oz face value of $25 face value. After making a profit from these small denominations, an investor can the trade the 1 troy ounce American eagle.
Investors choose the American Eagle 1oz gold coin due to its bullion characteristics which make it a perfect asset for diversifying a portfolio. It is a very popular coin, one of the most circulated bullion gold coins, and for this reason it is a very liquid asset, it can be sold at any time because it is always in demand.
Having in its composition copper, the American Eagle 1oz gold coin is more safe from handling marks or from scratching so our website bring you this coin in Brilliant Uncirculated condition free of VAT.