When purchasing coins, it is common to consider a coin from the current year based on its face value.In fact, with the exception of rare and antique coins, face value typically determines the worth of any coin. American Eagle gold coins, however are separated from this distinction based on the fact that they are made from almost pure gold.These coins are comprised of 91.67 percent gold, meaning that their actual value is based on the amount of gold that they contain.This makes them worth much more than their stated face value, which ranges from five dollars up to fifty dollars.
One thing that makes American Eagle gold coins so unique is that their gold weight is stated on each coin in troy ounces.All of these coins are made from gold sources here in the United States, and the coins are guaranteed for purity, weight, and content.The main mint for these coins is in West Point, New York, which is shown in a mark beneath the date.American Eagle coins show Lady Liberty on one side, which comes from the 1907 American Eagle design, and a nest of eagles on the reverse to symbolize unity and freedom.
American Eagle gold coins are considered bullion coins, meaning that they are intended solely as a form of gold investment rather than for circulation.They are the only bullion coins guaranteed by the United States government, which makes them the most popular bullion coins on both the domestic and global trading markets.These coins are made of 22 karat gold and each contains anywhere from .1091 troy ounces of gold up to 1.0909 troy ounces.All coins are identical in design except that they show the amount of gold contained within them, making the five dollar coin read differently from the fifty dollar coin in that respect.
While judging coin values based on only their face value is ideal for circulated currency, the content of the American Eagle gold coins is what gives them their value.Because of this, their worth is based entirely on the current price of gold.This means that the average price and value of a fifty dollar gold Eagle is over one thousand dollars.Collecting bullion is an excellent investment, and these coins are among the most traded in the world, ensuring that they are easy to sell when you are ready to cash in your investments.