Gold American Eagle Coins
The gold American Eagle coin is one of the most famous coins of the US Mint. It is the country's official gold coin and is struck every year in 91.67% pure gold (22 carats). The Golden Eagle is a very well-known gold investment coin and because the coin consists for a small part of copper, this coin has a red colored appearance, where the coins minted in 24 carat gold look clearly different. However, the Golden Eagle weighs slightly more and contains exactly the same amount of gold on balance, namely 1 troy ounce of pure gold. Processing a small amount of copper in the coins makes the coin stronger. Pure gold is very vulnerable.
Buy American Eagle gold coin
The gold American Eagle coin has been minted since 1986 by the United States mint from America. The American Eagle gold coin is minted in 91.67%, making it less pure than, for example, the Maple Leaf. The net gold weight of the coin is equal to the other gold investment coins.Because the coin is minted in a combination of physical gold and copper, the gold is less vulnerable to scratches. The gross weight of the coin is higher, but this also gives you a stronger coin that can take a beating.
Value of the Golden Eagle coin
The value of the gold American Eagle coin is determined by the current gold price. The price of all gold American Eagle coins is adjusted every 5 minutes to the current gold price.
The price of the coins consists of production costs, the gold value and profit margin. The difference between the purchase price of the gold American Eagle and the gold price is called the spread. As a rule, the larger the coin, the smaller the spread.
Gold American Eagle details
The gold American Eagle or “golden Eagle” is issued in four weights. Besides the 1 troy ounce coin, there are the 1/2, 1/4 and 1/10 troy ounce coins.Specifications
- Country of origin: United States
- Manufacturer: US Mint
- Material: Gold
- Content: 91.67%
Weight | Diameter | Thickness | Gross weight | Nominal value |
---|---|---|---|---|
1 troy ounce | 32.7 mm | 2.75 mm | 3.393 gram | 50 Dollar |
1/2 troy ounce | 27 mm | 2.24 mm | 8.483 gram | 25 Dollar |
1/4 troy ounce | 22 mm | 1.83 mm | 16.965 gram | 10 Dollar |
1/10 troy ounce | 16.5 mm | 1.19 mm | 33.930 gram | 5 Dollar |
Design gold Eagle coins
On the obverse is an eagle, the state symbol of America, shown. This also shows the face value of the coin. Since 2021, the motif has been redesigned and shows the head of an eagle. Along with the well-known text: “E Pluribus Unum” which is unofficially the national motto of the United States and means “one of many”.
The reverse of the American Eagle depicts Lady Liberty, with a torch and olive branch as symbols of freedom and peace. This image comes from the old gold Saint-Gaudens coins. Along with the well-known expression “in god we trust” which was “in gold we trust” in the days of the gold standard.
Sell American Eagle
In addition to buying American Eagle coins, The Silver Mountain offers the opportunity to sell your gold American Eagle coins. All coins you buy from us come with a buyback guarantee.
Frequently asked questions about gold American Eagle coins
What is the purity of the gold in an American Eagle gold coin?
Gold American Eagle coins are minted in 22-karat gold, or 91.67% pure gold. Gold American Eagle coins are finished with copper. This creates the characteristic red hue of the coin.
The gross weight of gold American Eagle coins is somewhat higher than gold investment coins made of 24-carat gold (99.99% pure gold). For example, the 1 troy ounce variant weighs 33.930 grams (and not 31.103 grams). This ensures that the 1 troy ounce American Eagle contains the same amount of gold as 1 troy ounce gold investment coins minted in 99.99% pure gold. The net weight in gold is the same. This also applies to the fractional coins of the American Eagle series.
Is there a difference between gold American Eagle coins from different years?
The American Eagle gold coins have been minted since 1986, and actually the design of the coin did not change much after its introduction, except that each year was logically designated a new year. In 2021, this changed and the Eagle was redesigned. The original design featured several eagles. The redesign depicted the head of an eagle and gave the coin a more modern look.
Is VAT required to be paid when purchasing American Eagle coins?
No. Gold American Eagle coins fall under investment gold. This means that no VAT needs to be paid when purchasing these gold coins. You do pay VAT on the shipping or pickup costs of your order when completing an order.
What is the difference between the American Eagle and Gold Eagle?
There are no two different gold coins called the American Eagle and the Gold Eagle. The American Eagle is the official gold coin of the United States. This coin was first minted in 1986 and comes in four different sizes: 1 ounce, 1/2 ounce, 1/4 ounce and 1/10 ounce. The term Gold Eagle is used informally to refer to the American Eagle gold coin, but it is not the official name. For example, the silver American Eagle coin is often also called the Silver Eagle.