Gold Coin

American Gold Eagle Coin: The Official Bullion Coin Of Unites States

The United States Mint has issued the American gold eagle coin as the official bullion coin of United States. The coin was first released in 1986 and it has since become one of the most traded bullion coins all over the world. The coins are offered only in four four denominations namely 1/10 ounce, quarter of an ounce, half an ounce and one ounce. The gold used is 22 karat pure which is also the Crown standard to issue British gold sovereign.

Design of the coin: The coin features the Lady Liberty on obverse and the U.S. Capitol is depicted on the background. The words LIBERTY are inscribed on the obverse. The Lady holds an olive branch in her left hand and a torch in her right hand. The figure was designed by Augustus Saint-Gaudens for the Double eagle gold coin in the early twentieth century.

The reverse side of the coin features two adult eagles a male and a female. The male eagle is shown in flight with an olive branch in its claws. The female eagle is sitting in a nest overseeing her hatchings. The design was made Miley Busiek.

Face and Trade value of the coin: Just like any other gold coin, this coin is also sold as per the value of gold it is composed of and not as per the amount that has been mentioned on its face. On the new year day of 2006, the coin with $5 face value was sold for $75, $10 coin was available for $150, $25 coin for 300USD and the coin with $50 face value was available for 600USD. The prices tend to vary with the rise and fall of bullion price every day.

American Gold Eagle Coin as an investment: Gold has always been the biggest obsession of mankind. American Gold Eagle coins are guaranteed for their purity of the rated gold content. These coins are the only investment grade coins made of gold in the United States. The government has even gone ahead and allowed these coins to be used for financing the Individual Retirement Account in the country. Apart from this, the coin is also accepted in various investment markets just like the US dollar.

Proof and Uncirculated Coins for Collectors: The United States Mint also produces proof type American gold eagle coins for collectors and coinage enthusiasts. In 2006, the United States Mint also started to release uncirculated coins. These coins are available for purchase directly from the US mint.

For the people who are located outside the United States, there are a number of online gold coin dealers who can ship the American gold eagle coin to most of the parts of world where no trade embargo is imposed by the U.S. government.