American Gold Eagle Coins

World’s most popular gold bullion coins

Since their introduction in 1986, more than sixteen million Gold Eagles have been sold. Because American Eagle Gold Bullion Coins (their official name) are the world’s best-selling gold bullion coins, they provide instant liquidity. Still, the Krugerrand is probably the world’s best known gold bullion coin.

American Gold Eagles come in four sizes: 1-ounce, 1/2-ounce, 1/4-ounce, and 1/10-ounce. The 1-oz Gold Eagles are by far the most popular and sell at small premiums over the value of their gold content. The smaller coins sell at higher premiums.  Gold Eagles are minted at the US Mint’s West Point, New York facility.
American Gold Eagles are 22-karat gold, which means they contain 91.6% gold and 8.4% of a copper-silver alloy. Because Gold Eagles are 22-karat, many investors incorrectly believe that Gold Eagles have less than an ounce of gold. This is not so.

Gold Eagles: exactly 1-oz ounce of gold

The 1-oz American Gold Eagles contain exactly one ounce of gold, and the smaller fractional-ounce Gold Eagles contain the gold content stamped on them. The copper-silver alloy causes the coins to weigh slightly more than their stated gold contents.

American Gold Eagles

Legal Tender Gold Coins

American Eagles are legal tender coins, but their face values are symbolic, as Gold Eagles do not sell at their legal tender values; Gold Eagles sell at prices that reflect the value of their gold content plus small premiums for being coins.

American Gold Eagles: four sizes

The 1-oz Gold Eagle coins are $50 face value, the 1/2-oz coins $25, the 1/4-oz coins $15, and the 1/10-oz coins $5. One-ounce Gold Eagles come in tubes of twenty but can be bought in smaller quantities.
All four American Gold Eagle sizes carry the same design. Gold Eagles minted 1986-1991 are dated with Roman numerals. In 1992, the U.S. Mint switched to Arabic numbers for dating Gold Eagles.
If you would like to discuss buying American Gold Eagles, or would like to discuss any aspect of investing in gold, call us at 800-528-1380. CMIGS takes calls 7:00 a.m. to 5:00 p.m. MST, Mondays through Fridays.

Article Source:http://www.cmi-gold-silver.com