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The American Gold Eagle is one of the world’s most recognized and sought-after gold coins. Known for its exquisite design, quality, and value, it is in collector’s and investors’ hearts.
Well! If you’re searching for some 5 fascinating facts about the American Gold Eagle that may surprise you, here it is.
Let’s scroll to 5 fascinating American Gold Eagle facts!
1. The U.S. Government Officially backs the American Gold Eagle
- Introduced in 1987, the American Gold Eagle coin is an authentic gold bullion coin of the United States.
- It is minted by the U.S. Mint and backed by the U.S. government for its weight and purity.
- This government scheme allows investors to create trust in the value and genuineness of the gold, making it one of the best purchased and trusted gold bars in the world.
2. The Coin’s Design Has Historical Significance
The American Gold Eagle features a striking design inspired by history.
- Front Side: The front (obverse) showcases Augustus Saint-Gaudens’ famous depiction of Lady Liberty, used initially on the $20 Saint-Gaudens Double Eagle coin from 1907 to 1933.
- Back Side: The coin’s reverse side displays a family of eagles, symbolizing strength and unity. This design was used until 2021, after which it was replaced by a new depiction of a single eagle.
The beautiful artwork makes the American Gold Eagle a popular choice among collectors.
3. The Gold Eagle is Made with 22-karat Gold
- Unlike many bullion coins made from pure 24-karat gold, the American Gold Eagle is crafted with 22-karat gold.
- It contains 91.67% gold, with the remainder made up of copper and silver, which add durability and strength to the coin.
- The coin consists of a full gold troy ounce in the 1-ounce, making it a more valuable and tough substance to purchase.
4. American Gold Eagles Come in Four Different Sizes
- To cater to a variety of investors, the U.S. Mint produces the American Gold Eagle in four different sizes: 1 ounce, ½ ounce, ¼ ounce, and 1/10 ounce.
- Each size of a gold dealers content has a different value, allowing investors to purchase according to their budget and goals.
- The 1-ounce gold coins are prevalent due to their intrinsic value and the reliability associated with a full ounce of gold.
5. The American Gold Eagle Holds Value as Both a Collectible and Investment
- Golden Eagle coins are not only level up by collectors but are also called as a stable in the precious metals investment market.
- Their value varies from gold eagle price, which tends to rise during economic uncertainty, making them a preferred choice for wealth preservation.
- The limited mintage of specific years and special editions adds to their value, making some American Gold Eagle highly collectible.
Why Choose the American Gold Eagle?
Select the American Gold Eagle for:
1) Trustworthiness: The U.S. government guarantees the coin’s authenticity and gold content.
2) Durability: Made with 22-karat gold, these coins are more durable than pure gold.
3) Investment Stability: Gold is a safe-haven investment, especially during economic downturns.
4) Collectible Appeal: With its artistic design and historical significance, the American Gold Eagle holds value for collectors and investors.
Conclusion
The American Gold Eagle coin is a piece of gold, a symbol of trust, beauty, and enduring value. Whether you’re a collector or an investor, owning an American Gold Eagle is a way to hold a piece of American heritage and secure a valuable asset in your portfolio with the help of New York Gold Co, your trusted gold or silver investors in the USA.
