Posted by admin | Posted in 547 3408 39467 45134 | Posted on 16-09-2011
Tags: coin, dollar gold coin, dollar gold coin value, dollar gold coins & abraham lincoln, dollar gold coins price, dollar gold coins value 2000, finance, gold, money, silver
American Eagle Gold Coins – A Wise Investment
Gold Eagle coins are Gold Coins produced by the government of United States from 1795 to 1933. Till that time the US government used to back its currency with gold. This was called the gold standard. The eagle was a unit of denomination meant solely for gold coins. Quarter, half and double eagles were also produced. The eagle was the highest among the four units of denomination, the others being the dollar, dime and the cent. The cent was the lowest unit. A dime was equal to 10 cents, a dollar was 10 dimes and an eagle was 10 dollars. In 1984 the United States mint restarted producing gold eagles and distributed them as commemoratives. The Gold Bullion Act was passed in 1985 during the tenure of President Ronald Regan. The act enabled the US mint to mint gold bullion coins of face value 5, 10, 25 and 50 US dollars from newly mined domestic gold.
From 1907 till 1933, the double eagle bore the image of Liberty carrying a torch and holding an olive branch in either hand, on the obverse. The image was designed by Augustus Saint-Gaudens. This design is often considered as one of the most beautiful coin designs in the United States. This same design is used on the on the obverse of the modern gold eagles. The reverse features a nest of American Eagles. This is a symbol of family tradition and unity.
The United States government provides the Gold Eagle coins with a guarantee of their weight, content and purity. As a result investors and collectors can buy them with confidence. The US government is the only government that provides its gold coins with such a guarantee. This move has helped the circulation and sale of the Gold Eagles.
The modern US Gold Eagles are made of 22 carat gold (91.67% pure) which is much more scratch and marring resistant than the pure (99.9% or purer) forms of gold bullions. As a result the resale value of the coin is not diminished. 22 carats gold coins have 11 parts gold and 1 part alloy. Each 1-Ounce Gold Eagle contains 31.1 grams of pure gold, with an additional alloy of silver and copper. The total weight of the coin is about 33.9 grams. The 22 carat standard is the traditional English crown gold standard found in the British sovereigns. The standard was established for gold coinage over 350 years ago.
The weight of quarter eagles was .2727 troy ounces, that of half eagles is .5455 troy ounces and of eagles is 1.0909 troy ounces. The eagle has a diameter and thickness of 32.7 mm, and 2.87 mm respectively. The half-ounce gold Eagle has a diameter of 27mm and thickness of 2.15mm. The quarter-ounce gold Eagle has a diameter of 22mm, and a thickness of 1.78 mm. The tenth-ounce gold Eagle has a diameter of 16.5 mm and a thickness of 1.26mm. The Eagle, the half Eagle the quarter Eagle and the 10th ounce Eagle have face values of $50, $25, $10 and $5.
About the Author
You can buy gold eagle coins through The Precious Metal Shop.
Dollar – Gold – Silver – Dow – VOLATILE
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1797 Heraldic Eagle $10.00 NGC GRADED AU-55 TEN DOLLAR LARGE EAGLE USA GOLD COIN $29,999.00 |
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1912 $10 Dollar Indian Gold Coin, NGC MS-65 $12,875.00 |
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1908 PCGS GRADED MS65 $5 INDIAN FIVE DOLLAR GOLD HALF EAGLE COIN PHILADELPHIA $11,499.00 |
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1855 Type 2 Gold $1 Dollar Coin, PCGS Genuine $9,995.00 |
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1854 $1 Type 2 Gold Dollar, PCGS MS-62 OGH, Better Coin $9,950.00 |
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1852 $1 Dollar US Gold Coin, NGC MS-66 $8,250.00 |
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1915 $2 1/2 Dollar Indian US Gold Coin, PCGS MS-65 $7,995.00 |
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2000 2 oz Gold Year of the Dragon NGC MS68 Australian Lunar $200 Dollar Coin $6,999.99 |
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Ulysse Nardin U.S. Twenty Dollar Gold Coin Watch $6,000.00 |
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ESTATE CORUM AMERICA’S CUP 18k $20 DOLLAR GOLD 1895 COIN WATCH $5,999.99 |
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1885 $10 Dollar Liberty Gold Coin, PCGS MS-64 $5,995.00 |
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1885-S $5 Dollar Liberty Gold Coin, NGC MS-65 $4,750.00 |
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2003 LORD OF THE RINGS ONE RING $10 TEN DOLLAR GOLD PROOF COIN PCGS PR69 DCAM $4,699.95 |
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1986 $50 25 10 5 DOLLAR GOLD COIN LOT AMERICAN EAGLE $4,499.00 |
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1915 $5 INDIAN PCGS MS64+ PLUS GRADED FIVE DOLLAR HALF EAGLE CERTIFIED GOLD COIN $4,499.00 |
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1917 McKinley Gold $1 Dollar, NGC MS-66 (PL Coin) $4,495.00 |
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(55) PCGS Sacagawea Gold Dollar Coin Set (huge lot) – MS67 MS68 SP69 & PR70DCAM $4,345.00 |
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Corum Ladies 5 Dollar Gold Coin Watch On Bracelet $4,295.00 |
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Corum Vintage $5 Dollar Gold Coin Watch $3,925.00 |
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2003 NEW ZEALAND LORD OF RINGS SAURON $10 TEN DOLLAR GOLD PROOF COIN BOX COA $3,899.95 |
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2003 NEW ZEALAND LORD OF THE RINGS FRODO $10 TEN DOLLAR GOLD PROOF COIN BOX COA $3,899.95 |
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Coin American Eagle 50 Dollars 1993 22K Gold $3,790.00 |
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1914-S .. $10.00 dollar Indian Head Eagle .. Gold Coin $3,750.00 |
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1908-S .. $10.00 dollar Indian Head Eagle .. Gold Coin $3,600.00 |
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ANTIQUE 1892 10 DOLLAR RARE GOLD COIN PENDANT W/RUBBIES $3,500.00 |
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Corum $10 Dollar U.S. Gold Coin Watch $3,500.00 |
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2012 AUSTRALIA LUNAR DRAGON FIRST STRIKE $100 DOLLAR 999 GOLD 1oz COIN PCGS MS70 $3,399.95 |
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1874 P Gold Dollar Coin NGC MS66 Type 3 Large Head #58 $3,374.99 |
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2011 AUSTRALIA LUNAR RABBIT $100 DOLLAR 999 GOLD 1oz COIN PCGS MS70 – POP 26 $3,324.95 |
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1910 US.TEN DOLLAR GOLD COIN” INDIAN HEAD GOLD EAGLE” EACH HAS 46 STARS =STATES $3,299.00 |