American Gold Eagle 1 oz
Dates – Our Choice – Condition – Investment Grade
The American Gold Eagle 1 oz is a popular gold bullion choice worldwide. In 1986, the United States Mint introduced this series in four sizes (1 oz, ½ oz, ¼ oz and 1/10 oz). From 1986 through 1991 the US Mint dated these coins using Roman Numerals. Beginning in 1992 the US Mint has used traditional Arabic Numerals.
On the front of the American Gold Eagle coin is a depiction of Liberty taken from the famous $20 gold piece designed by Augustus Saint-Gaudens.
The back features a family of eagles and includes United States of America, E Pluribus Unum, In God We Trust, weight (1 oz fine gold) and its symbolic legal tender value ($50).
Because of its popularity the US Mint produces quantities of the American Gold Eagle 1 oz each year – all of which closely follow the price of gold.
Reasons for its popularity include: (1) The American Gold Eagle 1 oz appeals to a worldwide audience because of its low premium. It is a popular choice for Individual Retirement Accounts. (2) The American Gold Eagle 1 oz is easy to buy and sell because dealers worldwide post daily buy and sell prices. (3) The American Gold Eagle 1 oz contains one ounce of the gold so valuation is simple. (4) The US Mint places 20 of these gold coins in a plastic tube which allows for easy storage. It also produces a composite box which contains 500 American Gold Eagle 1 oz coins (25 tubes of 20 coins) – an industry standard for large transactions.
The US Gold Eagle 1 oz has no dealer reporting requirement (Federal Form 1099B) when you buy or sell.
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