American eagle gold coin

In the year 1986, the US Mint released the American eagle gold coin, the official gold bullion coin of the United States . Since then, there has been no looking back for the American eagle gold coin, be it in terms of its quality or popularity. The coin is available in four types of weights: tenth of an ounce, quarter of an ounce, half of an ounce and one ounce.

However, the denomination of the coin does not affect its quality. Every American Eagle gold coin is made from pure gold and has to be produced within the USA . The gold coins do contain an alloy of silver and copper, however, but that is to ensure that the coin is more resistant to wear and tear. The U.S Mint as well as the Congress authorizes all the American Eagle gold coins.

The market value of these coins will depend upon the authenticity of the gold coins. According to the recent statistics, the set of values of the American Eagle gold coins that an individual could buy as in January, 2006, are as follows:

Face Value: $5, Market Value: $75

Face Value: $10, Market Value: $150

Face Value: $25, Market Value: $300

Face Value: $50, Market Value: $600

The price of gold, however, depends upon its market value which fluctuates a lot. Thus, it may be that you might get a price that is lower than the ones mentioned above. Remember that the price of your American Eagle gold coin depends upon the value of gold at a particular time.

Now it is obvious that you want to know how the American Eagle gold coin looks. The obverse side of the gold coin has the figure of Lady Liberty with her torch in the right hand and the olive branch in the left. You can get a glimpse of the Capital building in the left side of the statue. The reverse side of the coin bears the famous image of a male eagle carrying an olive branch to its nest where there is a female eagle with its young. This side of the American Eagle gold coin was designed by Miley Busiek and the other side was designed by Augustus Saint-Gaudens.

We have the record of a very rare Eagle coin that was bought by a coin collector for an astonishing $5 million. This rare $10 gold coin was manufactured way back in 1804. This was a very special coin meant to be a gift for the then American president Andrew Jackson. The coin mentioned above is a rare piece and cannot be considered as being one of the American Eagle gold coins manufactured in 1986.

american_eagle_gold_coin