What is a 1 Oz Gold Eagle Worth Today?
The 1 oz Gold Eagle coin is one of the world’s most beloved bullion coins and makes an excellent investment option for both new investors and experienced collectors.
Gold Eagles are priced according to their gold content, which is determined by the current spot price on commodity markets. Their face value serves as an investment feature.
Price
Gold Eagle coins are one of the most sought-after modern bullion coins available today. Minted from 1 troy ounce of pure 22k gold and guaranteed by the United States Government for weight, purity and content; their iconic image depicts Lady Liberty holding her torch and olive branch while its reverse bears an American bald eagle family crest.
The coin design is inspired by Augustus Saint-Gaudens’ iconic 1907 Gold Double Eagle coin, which has become a favorite among collectors and investors. Furthermore, these coins provide US citizens with tax benefits as they qualify as investments within Individual Retirement Accounts while remaining exempt from Form 1099-B from Internal Revenue Service.
Purity
The 1 oz Gold Eagle coin is one of the most beloved bullion coins produced today. Congress authorized and first produced in 1986, this coin combines tough 22 karat gold (91.7% pure) with silver and copper additives to provide rigidity and greater wear resistance than pure gold bullion coins.
Augustus Saint-Gaudens’ stunning depiction of Liberty from 1907 to 1933 first appeared on the $20 double eagle coin issued between 1907 and 1933, while Miley Busiek created her interpretation of an American bald eagle family and olive branch for use on its reverse side.
One oz American Gold Eagles have legal tender value of $50 each; however, most investors purchase them primarily due to their gold content and small premiums. They’re an easy and cost-effective way of adding gold into any investment portfolio.
Weight
The 1 oz American Gold Eagle coin from the US Mint is an iconic bullion investment coin containing one troy ounce of pure gold alloyed with small quantities of copper and silver for strength and durability.
On its obverse field is a sculpture by Augustus Saint-Gaudens depicting Lady Liberty holding a torch and olive branch; while on its reverse is designed by Miley Busiek depicting a male bald eagle flying toward its nest with his young.
Modern Gold American Eagle coins are an increasingly popular investment option due to their 1-ounce of pure gold content and legal backing by the Federal Government for $50. Furthermore, these coins qualify as inclusion in self-directed individual retirement accounts for reliable diversification within your portfolio.
Design
The 1 oz Gold Eagle coin has been produced by the US Mint since 1986 as an investment-grade bullion coin with a face value of $50 USD, backed by the United States Government. The obverse design, inspired by Augustus Saint-Gaudens’ Gold Double Eagle of 1907, depicts Lady Liberty with long flowing hair holding a torch in one hand and an olive branch in her left. Miley Busiek created its reverse design which depicts a male eagle carrying an olive branch toward his nest which contains female eagles who contain female eagles and their hatchlings – another adaptation from Saint Gaudens’ Gold Double Eagle of 1907.
American Eagle coins offer investors beauty, confidence and liquidity that is particularly valued during difficult economic times. Proof coins provide additional protection by featuring a mirror finish with extra polished background surfaces for extra shine and brilliance.
Date
1 oz Gold Eagles are an attractive option for investors who wish to diversify their portfolio with government-backed bullion coins. Each coin carries a face value of $50 and is guaranteed in weight, purity, and content by the US government. Furthermore, these coins qualify as self-directed Individual Retirement Account (IRA) assets due to being mined here in America.
Miley Busiek has recreated Augustus Saint-Gaudens’ 1907 Double Eagle design, depicted on its obverse field. On its reverse is depicted a male bald eagle flying back home carrying an olive branch as he returns home, symbolizing family strength and importance.
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