Interested in learning more about American Eagle gold coins?This gold coin with original depiction of Augustus Saint-Gaudens’ full length figure of Lady Liberty was first issued in the early 20th century.After discontinuation in the 1930s, it was reissued in the late 1980s.It is an official gold bullion coin of the U.S.The U.S. Mint issues these coins and guarantees that they contain the actual amount of gold weight as indicated.This measuring is done in a unit called troy ounces.Legally speaking, the American Eagle gold must be mined in America.In addition to pure gold, this coin also contains other alloys which help to create a coin that is wear-resistant.
The image of Lady Liberty has flowing hair and holds a touch and olive branch in her hand.It’s a particularly stirring image associated with great patriotism and historical awareness of this country’s roots.In addition to the original Lady Liberty image, there is also a reverse design by Miley Busiek.This second design features an eagle carrying an olive branch just the same.
How much are the American Eagle gold coins worth?This type of coin is not decided upon by face value, though collectors hope there is appreciation.On the other hand, they are equal to the market value of their gold content.When taken on face value, the coins would only be worth small denominations like $5 or $10.However, in terms of pure bullion the American Eagle gold coin is worth far more.A $5 coin could actually be worth over $130 for its gold content.A $50 coin can soar upwards of $1,000!These prices do fluctuate according to the overall price of gold.
Here’s a small detail you might not be aware about.Eagle coins that were minted in the years of 1986 to 1991 contained Roman numerals.However, starting in the year 1992, newer coins feature Arabic numbers.Remember, that while these coins are currently worth bullion money, they could eventually take on a life of their own as valuable coinage.
Coins are available in different troy ounces, such as one tenth, one fourth and one half troy ounces.Ever since the 1980s, people have been collecting these special edition coins.As the recession continues to linger, many investors are wisely splitting their savings into currency and international commodity.Gold is definitely a winner and these coins make coin collecting that much easier and more fun!