US Gold Eagle Coins

Posted: Oct 10, 2009 |Comments: 0 |

The US Gold Eagle coin was first minted in 1986. It is an official gold coin of the United States authorized under the Gold Bullion Act of 1985. This coin was available in many denominations. The US Gold Eagle coin is unusual in that it is the only gold bullion coin guaranteed as to weight and gold content. The gold in the coin must come from American sources. This is a great coin to include in any collection, and is an absolute necessity in a collection of gold coins.

The US Gold Eagle is available in four different denominations: 1/10 ounce, ¼ ounce, ½ ounce and 1 ounce of pure gold. The coin is guaranteed to contain the amount stated. The US Gold Eagle is treated with a metal alloy of copper and silver which creates a wear-resistant shell that protects the coin. The Gold Eagle is minted from 22 carat gold, and the content is more than .916 solid gold.

Lady Liberty graces the opposite side of the coin in her full glory with long flowing hair, a flaming torch in her right hand, an olive branch in her left. Behind her, you can see the Capitol Building. Augustus Saint-Gaudens created the portrait of the Statue of Liberty, bordering her with fifty patriotic stars. Miley Busiek created the male eagle on the reverse side, carrying an olive branch. He is circling a nest containing a female eagle and her newly-hatched chicks.

The US Gold Eagle value fluctuates with the current market value of the gold content, rather than reflecting the face value of the coin. Originally available in $5, $10, $20 and $50 face values, they sell for $110, $225, $450 and $900 right now. With the current rising price of gold, they are sure to keep rising in value.

Originally dated with roman numerals, the U. S. Mint switched the date to Arabic numbers in 1992. While all the US Gold Eagle coins are identical to each other in most respects, they differ in the weight and face value inscribed on the other side of the coin. Like almost all U. S. gold coins, the face value on the coin is symbolic only and has no bearing on the actual value of the coin.

The US Gold Eagle coin makes a great investment for your coin collection or any collection of gold. Created with the gold standards laid down over 300 years ago, they remain in good condition even after years of ownership. This is the only coin minted by the U. S. that is guaranteed to match its gold content and weight. The value will continue to rise along with the market gold prices.

The mint makes a proof version of the US Gold Eagle. This is produced for coin collectors world wide. Produced in West Point, New York, they are marked with a "W" under the date as the mint mark of West Point. The proof is almost identical to the actual US Gold Eagle coin. But it doesn't matter which one you choose... having a real gold coin in your collection increases the value incredibly.

Questions and Answers

Ask
200 Characters left
Rate this Article
  • 1
  • 2
  • 3
  • 4
  • 5
  • 0 vote(s)
    Feedback
    Print
    Re-Publish
    Source:  http://www.articlesbase.com/collecting-articles/us-gold-eagle-coins-1321915.html

    Article Tags:

    us gold eagle coin

    ,

    coin collecting

    ,

    gold content

    ,

    bullion

    ,

    us mint

    Silver Eagle Uncirculated Coins is the official silver bullion coin of the United States. Silver Eagle Uncirculated coins were released by the United States Mint on October 24, 1986. Silver Eagle Uncirculated coins struck in the 1 troy oz currency which has a nominal face value of one dollar and is assured to contain one troy ounce of 99.9% pure silver. Silver Eagle Uncirculated coins are authorized by the United States Congress and its weight and content is authorized by the United States Mint.

    By: GoldCoinsl Shopping> Giftsl Sep 02, 2009

    People buy coins for variety of explanations. Pleasure is one of their reasons. Many coin collectors today enjoy collecting rare coins dating back in the 17th or 18th century . Others collect coins because of investments. Coins especially gold are very costly and their value will not depreciate by economic threats like inflation. One of the most desirable coins today is the Gold Eagle Coins.

    By: Daryl B. Chapmanl Finance> Investingl Dec 09, 2011

    Owning physical gold gives you the feeling owning your own personal treasure. American Gold Eagle Coins provide a trustworthy way of owning physical gold bullion as it is minted and backed by the US government. The American Eagle coin is also available in platinum and silver, and were primarily released in 1986. The exclusive design of "Lady Liberty" was designed by Augustus Saint-Gaudens and was originally released on coins from 1907 until 1933. The design was re-released in 1986.

    By: Alan Tennantl Hobbies> Collectingl Apr 25, 2010

    The American gold eagle and silver eagle are the United States' official bullion coins. Buying these coins is an easy way to diversify investment portfolios. Their widespread acceptability by collectors and investors from all over the globe and guarantee of their metal content and purity by the United States government itself, makes them safe investing options

    By: Stifenl Finance> Investingl Apr 30, 2011

    People are fascinated to collect from jewel, shells to jewelries and gold coins. Coin collectors appreciate grace and exquisiteness of an item. It brings delight and honor to complete one set of collection. Two of the main things a good collector looks at are the monumental value and monetary price of a collection. With that said, many are hooked in collecting coins because it covers those two aspects.

    By: Daryl B. Chapmanl Finance> Wealth Buildingl Jul 26, 2011

    Are you contemplating about flying in an air craft and are worried about what the experience might be? The experience can be an enthralling one. You need not be apprehensive because the technology of air journeys has greatly been improved. These days there are a number of modes through which you can travel through air against the rule of the gravity.

    By: Christinel Hobbies> Collectingl May 25, 2012

    Australian high relief silver proof strikes are rapidly becoming a popular collecting genre.

    By: Perth Mintl Hobbies> Collectingl May 24, 2012
    Javed Khan

    An remote control helicopter can be used indoors or outdoors and is a great activity for the family to enjoy together. It can be used in your backyard, carried along for a picnic or at your local Remote Control Club

    By: Javed Khanl Hobbies> Collectingl May 24, 2012
    Javed Khan

    Anyone with a love of remote control apparatus combined with a love of flying can pick up an RC helicopter and enjoy it.

    By: Javed Khanl Hobbies> Collectingl May 24, 2012
    Javed Khan

    Flying an RC helicopter is a great hobby to indulge in. Not only is it a great outdoor activity to indulge in by yourself or with your child, it will also get you learning about aerodynamics. Gone are the days when this was only available to the select few. There is an remote control helicopter to fit almost every budget and need.

    By: Javed Khanl Hobbies> Collectingl May 24, 2012

    The shrinking economy we have nowadays is pushing people to resort to other ways of making an income like working over the internet. There is one method that is still pretty much a secret to many. Nobody would have ever guessed that selling silver is easier than people think.

    By: Tom Warnerl Finance> Wealth Buildingl Dec 15, 2010 lViews: 123

    Coin collecting is a fascinating endeavor as long as you know what you're doing. Coin dealers spend many years gaining knowledge and developing expertise about rare and unusual coins. You should proceed carefully on your purchases to be sure you only pay market rate or less and you get the coins you want.

    By: Tom Warnerl Hobbies> Collectingl Dec 01, 2010

    It can be difficult even for a professional to tell exactly what a coin collection is worth. You might look through a coin guide and believe that you will receive a lot of money for your collection, but you will probably find that the prices quoted are retail and you won't get that much when you sell to the retailer or even a collector.

    By: Tom Warnerl Hobbies> Collectingl Dec 01, 2010

    For some coin collectors, gain and loss on coin trading isn't that critical because they do it for a hobby and have sufficient income to cover any losses without depleting their bank accounts, but for the average coin collector, return on investment is crucial to their business.

    By: Tom Warnerl Hobbies> Collectingl Dec 01, 2010

    Not everyone collects coins for the same reason. There are two primary goals in mind for those who purchase coins. For the person who loves collecting and purchases based on the coins themselves, it is a hobby. Some coins may be bought that have little value above what is stamped on the coin, and it is highly improbable that these will be worth more than a little above the price that was paid for them.

    By: Tom Warnerl Hobbies> Collectingl Nov 30, 2010

    Discuss this Article

    Author Box
    Articles Categories
    All Categories
    Quantcast