The Attraction Of American Gold Eagles
If you're familiar with American Gold Eagle coins, well, you probably already know that they can be a great investment. Not only for people who love to collect coins, but for anyone who wants a part of history. Coming out in the 1980's they are the official gold bullion coin of America.
Gold that is used in the the American Gold Eagle coin must come from United States soil, and also added into the mixture are copper and silver that will help the coin more durable and wear-resistant. 22 karat gold is used to make these beautiful coins.
Authorized by the US Congress back in 1985, these coins are normally minted in West Point, New York. One side shows the Lady Liberty as designed by Augustus Saint-Gaudens'. Showing a beautiful picture of her hair flowing and holding a torch and olive branch in each hand. The other side was designed by Miley Busiek, showing a male Gold Eagle flying holding an olive branch, heading toward a nest with a female and her hatchlings.
The coins are not based on the face value that is listed on the different troy ounces that are available, but what the gold content is in each coin. Recent values of the coin were as follows. For a $5 coin it would be worth $130, while the next coin that showed a face value of $10 was worth $275. The $25 face value coin was worth $550, and the last coin available of $50 face value would be worth $1,000.
Of course as the market fluctuates and gold goes up or down the value can be changed. The value is not what the face value is of the coin, but the price of the actual gold content. American Gold Eagle coins have 91. 67% of 22 karat gold, 5. 33% copper, and 3% silver to make them. Coins minted during the years of 1986 to 1991 have Roman numerals for the dates. Those coins that came out in the years after, have used Arabic numbers for those dates.
For size information the one tenth troy ounce coin measures 16. 50 mm in diameter, and is 1. 19 mm thick, weighing 3. 393 grams. Those one quarter troy ounce coins are a diameter of 22 mm, thickness of 1. 83 mm, and weigh 8. 483 grams. For the half troy ounce coins you have a 27 mm diameter, 2. 24 mm thickness, and a weight of 16. 965 grams. Finally the 1 troy ounce coin measures 32. 70 mm in diameter, 2. 87 mm thick, and weighs 33. 93 grams.
Coins that were produced between the years of 1986 to 1991 will show Roman numerals for dates. While coins that came out after 1991 use Arabic numbers. A great item for collectors and anyone out there to have. To diversify investors and collectors should look into buying the different American Gold Eagle coins and add them to a collection that you can pass down to future generations. - 23218
Gold that is used in the the American Gold Eagle coin must come from United States soil, and also added into the mixture are copper and silver that will help the coin more durable and wear-resistant. 22 karat gold is used to make these beautiful coins.
Authorized by the US Congress back in 1985, these coins are normally minted in West Point, New York. One side shows the Lady Liberty as designed by Augustus Saint-Gaudens'. Showing a beautiful picture of her hair flowing and holding a torch and olive branch in each hand. The other side was designed by Miley Busiek, showing a male Gold Eagle flying holding an olive branch, heading toward a nest with a female and her hatchlings.
The coins are not based on the face value that is listed on the different troy ounces that are available, but what the gold content is in each coin. Recent values of the coin were as follows. For a $5 coin it would be worth $130, while the next coin that showed a face value of $10 was worth $275. The $25 face value coin was worth $550, and the last coin available of $50 face value would be worth $1,000.
Of course as the market fluctuates and gold goes up or down the value can be changed. The value is not what the face value is of the coin, but the price of the actual gold content. American Gold Eagle coins have 91. 67% of 22 karat gold, 5. 33% copper, and 3% silver to make them. Coins minted during the years of 1986 to 1991 have Roman numerals for the dates. Those coins that came out in the years after, have used Arabic numbers for those dates.
For size information the one tenth troy ounce coin measures 16. 50 mm in diameter, and is 1. 19 mm thick, weighing 3. 393 grams. Those one quarter troy ounce coins are a diameter of 22 mm, thickness of 1. 83 mm, and weigh 8. 483 grams. For the half troy ounce coins you have a 27 mm diameter, 2. 24 mm thickness, and a weight of 16. 965 grams. Finally the 1 troy ounce coin measures 32. 70 mm in diameter, 2. 87 mm thick, and weighs 33. 93 grams.
Coins that were produced between the years of 1986 to 1991 will show Roman numerals for dates. While coins that came out after 1991 use Arabic numbers. A great item for collectors and anyone out there to have. To diversify investors and collectors should look into buying the different American Gold Eagle coins and add them to a collection that you can pass down to future generations. - 23218
About the Author:
James enjoys writing articles on investing in gold eagle bullion coins, and finding great deals on gold proof eagle coins
posted by X - Men @ 5:16 PM
0 Comments
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home