How Much Is A Gold American Eagle Coin Worth?
How Much Is A Gold American Eagle Coin Worth?
There is a reason why the American Gold Eagle coin is such a popular coin for investors. Not only is investing in gold always a smart move, but coins are small, easy to conceal, and highly portable. In fact, 80% of gold bullion in circulation in the U.S. is in the form of the American Gold Eagle coin, and is the most traded coin in the world. The biggest selling point for why people purchase American Gold Eagle Coins is because they are an agile investment in the form of gold, and possibly the best investment for a coin. Most people cannot afford to buy a full brick of gold. A coin however, representing variations of an ounce, is much more affordable, and a recognized monetary asset by every government. With the current value of gold at around $1300 an ounce, buying even 1/10 of that is affordable for most. Check out our American Gold Eagle 1 oz coin for sale here. [caption id="attachment_40" align="aligncenter" width="200"] 2014 Gold American Eagle Liberty[/caption] The most affordable option is the 1/10 American Gold Eagle from 2015.
Why Buy Gold Coins?
Gold is a highly active market, meaning it has high liquidity and is easy to sell. The price of gold is also reported daily in major newspapers, making it easy to track your investment. The coins are considered legal tender, with each size valued at the denomination printed on it (at values of five, ten, twenty-five, and fifty dollars). However, in reality the value of these coins is much higher than the face value. For example, there is a high demand for coins minted in the early 1990s, meaning an investment today can be worth more than its weight in gold in a matter of years. These coins can also be added to your Individual Retirement Account (IRAs), adding invaluable security of having your long-term investments with you at home as well as diversity to your investment portfolio. Additionally, the fact that the coins are physically solid, and can be kept in one's personal property, makes them attractive. In the event of mass computer or internet crashes, owning "shares" of gold that is held in a vault or bank in another location would be at risk.
Gold American Eagle Measurements
Gold American Eagle coins are highly valuable for their size: the resale value of a 1/10 oz Gold American Eagle Coin is approximately $143 at the time of publication. Yet they are so small:
- Diameter: 16.50 mm
- Thickness: 1.19 mm
- Gross Weight: .1091 troy ounces
- Official Face Value: $5
- Actual Street Value: $160-210
No matter what your budget, there is likely an American Gold Eagle Coin affordable for you.
American Gold Eagle Investing for Beginners
Bullion coins are a good investment for beginners. Its base value is clear, meaning it is worth at least as much as its weight in its component precious metals. Additionally, they are considered to be the official gold bullion coins of the U.S. Government, having been authorized by US Congress. Check out our rare coins value guide which is a good start for beginners. In order to predict the future value of American Eagles, we can take a look at the price of gold in the chart above as a reference. While there may be variations as much as 30% from one year to the next, the most important thing to judge is the long-term trend, which is only increasing.
About the US Mint American Gold Eagles
The American Gold Eagle Coin is not only one of the best ways for investing in gold, it is also a way to buy a piece of America itself, because the Bullion Coin Act of 1985 mandates that all of these coins be minted with gold mined in the United States and are produced at West Point, New York, where there is a national mint along side the famous military acadamy. The coins are minted on one side with Lady Liberty majestically posed with a beacon of light and olive branch. This image maybe be familiar, as it is in the style of perhaps the most famous and beautiful of all American coins, Augustus Saint-Gauden’s $20 gold coin, which was first minted in 1907. The flip side continues the American spirit with a male bald eagle carrying an olive branch to a nest with a female eagle and their hatchlings. Coins minted from 1986 until 1991 are dated with Roman Numerals, while all coins since then are dated in the standard Arabic Numerals.
Coin Material & Gold Content
Gold American Eagles are currently offered in one-tenth, one-half, one-fourth and full one ounce (1 oz.) 1 oz sizes and are certified by the U.S. Government to contain the exact amount of gold that they are stated to carry. That means an American Gold Eagle contains 91.67% gold, 3% silver, and 5.33% in copper. The gold is 22 karat – the perfect density to be pure yet durable. The coins are minted with the additional small amounts of copper and silver to prevent wear and tear, thereby maintaining its resale value for years to come. The coins come from a hand-carved die that was then turned into a high-quality steel mold. The gold is melted and then cast into gold bars that are pressed 12 times until they are only half of an inch thick. They are then taken to a finishing mill to continue to reduce the thickness, depending on the coin’s denomination, and then cut into blank coins. The coins are polished with steel beads, cleaned, and hand dried. Next, the coins are reheated to re-crystalize the metals and prevent the coins from breaking. Finally, the coins are suitable to be pressed, and each coin is pressed twice, to ensure the highest quality engraving on your coin.
Various Editions
There are other editions of American Gold Eagle coins for buyers who are looking for something extra valuable. Proof coins are limited edition, known as beautifully produced coins that have a striking extra polished background that offsets the frosted, raised image. This gives the images incredible detail, making them higher in demand, and therefore more valuable. There are also uncirculated coins that first came into the market in 2006, and are unique in that they are hand-fed into special burnished molds and are only minted in one ounce denominations.
American Eagle Gold Coin Price History
There is no clear history of the historical prices of American Eagle gold coins, and this is because there are many versions of the coin. However, to learn more about the American Gold Eagle and other rare coins, please check out our rare coins price guide, in which we will send you a comprehensive guide for you to learn more about coin investing and as well as the industry more in depth.
Gold Coins Vs Inflation
Buying gold bullion coins online represent the most agile form of physical investment in gold. American Eagles are the most popular form of agile gold. Additionally, coins in general represent a huge measure against inflation. Please see the chart below for a staggering display of the value of coin investing compared with inflation over time.
How to Buy Gold American Eagles
The current value of a 1 oz Gold American Eagle coin (which contains 31.104 grams of pure gold) is between $1800-$2100 , while the value of one ounce of pure gold is currently around $1960. These values change constantly, and we can offer a real-time quote via our online chat (below) or by calling us at 1-800-781-2090.
How do you know if the coin you are trying to buy is being inappropriately marked up? The problem is finding a trustworthy vendor to buy from. Someone may offer an American Gold Eagle for cheaper than market value, though the chances of it being legitimate are slim.
Where to Buy American Eagle Gold Coins
Don’t be fooled by imitations, coins of this caliber are only sold by companies approved by the US Mint. International Precious Metals is one of only twenty companies to be recognized as a national dealer by the US Mint, and has multiple coin industry affiliations. Use our site to buy gold and silver online, as well as shop for authentic American Eagles, some of which are listed below, along with some product details. International Precious Metals is currently offering many American Eagle coins, below are a selection of our most popular: 1) American Gold Eagle 1 oz Common Date - 22 karat standard, containing full, stated weight of gold, with the balance consisting of silver and copper (to add for durability). 2) American Gold Eagle 1/10 oz 2015 Coin 3) American Gold Eagle 1/4 oz 2015 Coin 4) American Gold Eagle 1/2 oz 2015 Coin As well as American Eagles in other metal forms: 4) Platinum Bullion - The first and only platinum coin offered by the US government. Available in 1, 1/2, 1/4, 1/10 and bars. 5) American Silver Eagle Coins - First minted in 1986, this coin is made up of .999 silver content.