American Gold Eagle 1/10 oz
Dates – Our Choice – Condition – Investment Grade
The American Gold Eagle 1/10 oz is a popular gold bullion choice worldwide. In 1986, the United States Mint introduced the American Gold Eagle series in four sizes (1 oz, ½ oz, ¼ oz and 1/10 oz). From 1986 through 1991 the US Mint used Roman Numerals. In 1992 they began using traditional Arabic Numerals.
The front of the coin features Liberty, a depiction taken from the famous $20 gold piece (1907-1933) designed by Augustus Saint-Gaudens.
The back of the coin features a family of eagles and includes United States of America, E Pluribus Unum, In God We Trust, weight (1/10 oz fine gold) and its symbolic legal tender value ($5).
Because of its popularity the US Mint produces quantities of the American Gold Eagle 1/10 oz each year – all of which closely follow the price of gold.
Other reasons for its popularity are: (1) The American Gold Eagle 1/10 oz appeals to a worldwide audience because of its low premium. And 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 US Gold Eagle 1/10 oz contains one tenth ounce of the gold so valuation is simple. (4) The US Mint places 50 of these gold coins in a plastic tube which allows for easy storage. (5) This coin also has a following in the “survival” community. Those who want a real US gold legal tender coin of smaller denomination for daily needs in case of emergency.
The US Gold Eagle 1/10 oz has no dealer reporting requirement (Federal Form 1099B) when you buy or sell.
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