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Authorized by Congress in 1985 and first minted in 1986, American Eagle Gold Bullion Coins are minted according to the durable, 22-karat standard established for circulating gold coinage 350 years ago. Each coin contains its full, stated weight of pure gold, which by law, must be taken from newly mined sources in America. The balance consists of silver and copper, added to increase the coin's durability.
The 1 oz American Gold Eagle Coin (Common Date) is guaranteed by the United States government as legal tender. Although it is marked with a face value of $50 USD, it is in fact valued at the current market price of its gold content, which is much higher. The American Gold Eagle coin is a popular choice for precious metal investors due to its beauty and its exacting craftsmanship.
American Eagle gold coins are minted exclusively from gold mined in the United States. The coins are comprised of 22 karat gold, which makes them durable and their stamp is guaranteed by the US government. They are exceedingly tradable and one of the most reliable investments. Furthermore, they are exempt from IRS 1099B Brokerage reporting, which make them a sound choice for a precious metal IRA.
They have quickly become the most popular bullion coin in the world and more than 12 million have been minted and sold.
Their design is based upon one originally commissioned by President Theodore Roosevelt in an attempt to equal the exquisiteness of Ancient Roman and Greek coins. One side features Lady Liberty with an olive branch and a torch in her hands, while the obverse side is stamped with a male eagle carrying home an olive branch to a waiting mate and eaglets. Renowned artists Miley Busiek and Augustus Saint-Gaudens crafted the designs.
The overall weight of a 1 oz American Gold Eagle coin is 1.0909 troy oz with one ounce of gold content.
What does "Common Date" mean? When you select "Common Date" 1 oz American Gold Eagle Coins you’ll save money by letting us choose the minting years for you. We fulfill your order by selecting from the lowest priced stock of uncirculated coins available. The years will vary and may be mixed or all the same. “Common Date” coins make great investments as they are less expensive than specific or current year coins.