American Gold Eagle 1 oz
Brand New Condition – Dates Our Choice
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. In 1992 the US Mint began using traditional Arabic Numerals on the American Eagle 1 oz.
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 of the American Gold Eagle 1 oz 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 coin each year – all of which closely follow the price of gold.
Reasons for its popularity include: (1) The American Eagle appeals to a worldwide audience because of its low premium. It is a popular choice for Individual Retirement Accounts. (2) The coin 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 – 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.
Call us toll free at 1-800-225-7531 with your questions about the American Gold Eagle or use the following link – Ask an Expert
Visit our Audio Gold News Page for information on the precious metals market.