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Gold American Eagle
Featuring the iconic walking liberty design of Augustus Saint-Gaudens, the Gold American Eagle is the preferred government-issued bullion gold coin of American investors.
General Details
The one-ounce gold coin that can boast the title of the most popular gold coin is the world is non-other than the 1 oz Gold American Eagle. First authorized by Congress in 1985, this bullion coin was an instant smash and reached iconic status almost overnight. The American Eagle Gold is quite simply an obvious top choice for any serious gold bullion investor. It is available in 1 ounce, ½ ounce, ¼ ounce, and 1/10 ounce sizes.
Given its prodigious popularity, Eagle Gold bullion gets minted at a relatively modest rate, at an average of far less than a million a year. Any chance to pick up this classic bullion coin should not be overlooked.
About the Gold American Eagle
Minted in 22 karat gold (.9167 fine), the Eagle Gold is extremely durable and strongly resistant to scratching. The largest gold coin struck by the US Mint, its purity is guaranteed by the American government. Keep in mind it actually weighs a bit over one troy ounce, which explains the slightly lesser percentage of purity despite maintaining a rating of 22 karat gold.
The obverse side’s design is a throwback to another classic American coinage: the Saint-Gauden’s $20 double eagle coin, minted domestically from 1907 until 1933 when gold was nationalized. The reverse side features a striking love scene between two noble members of our national avian species: a bald eagle brings an olive branch to the nest of a mother female guarding her hatchling babies.
The one-ounce Gold American Eagle bears a $50 face value and all Gold American Eagles are fully guaranteed for weight and purity by the US Government.
Note to Investors
Both for its timeless patriotic fervor and longstanding dependable value, the American Eagle Gold bullion coin represents a sure-fire bet in the gold bullion market. Backed by the USA, it’s a durable and unforgettable American coinage.
It’s also IRA eligible, adding to the security of your investment.
As always, Midas Gold Group is more than happy to advise prospective buyers on whether this coin is right for your investment portfolio. Any coin bought from us will always come to you in immaculate condition straight from the mint itself. Midas Gold Group is proud to be a direct distribute for the Unites States Mint products such as the Gold American Eagle.
Specifications
| # | Specification | Value |
|---|---|---|
| 1 | Denomination | $50 |
| 2 | Finish | Uncirculated |
| 3 | Composition | .9167 gold .0300 silver .0533 copper |
| 4 | Diameter | 1.287 inches (32.70 mm) |
| 5 | Weight | 1.0909 troy oz (33.931 g) |
| 6 | Edge | Reeded |
| 7 | Design | Augustus Saint-Gaudens | Miley Frances Busiek |
| 8 | Mint and Mint Mark | West Point — W |
| 9 | Years of Mintage | Since 1986 |
| 10 | IRA Eligible | Yes |
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Palladium American Eagle Reverse Proof
The IRA eligible Palladium American Eagle Reverse Proof is a US government-issued and guaranteed palladium coin with .9995 purity that was first issued in 2019 bearing a $25 face value.
Palladium American Eagle
The IRA eligible American Palladium Eagle is a US government-issued and guaranteed palladium coin with .9995 purity that was first issued in 2017 bearing a $25 face value.
Platinum American Eagle
The $100 face value Brilliant Uncirculated American Platinum Eagle is the official platinum coin of the US Government coming in 1 ounce size and .9995 fineness.
Proof Silver American Eagle
Proof Silver American Eagle coins are a limited-edition rendering of the bullion counterpart; they come with an elegant presentation box with certificate.
Silver American Eagle
The American Silver Eagle bullion coin boasts the title most popular investment silver coin in the world, struck since 1986 in .999 silver, it is an excellent choice for silver.
Proof Gold American Eagle
The American Gold Eagle proof coin is a continuation of a nearly 200 year tradition of the US Mint to produce limited mintage spectacular coins with special dyes and strikes.
Are you part of the same Midas Gold Mine with stock symbol mdrpf?
Also I’d like to know, do gold future contracts show the price of future gold or is that just where people think the price is going?
I’d much rather have physical gold than gold sitting in someone volt.
Am I better off owning physical gold or investing in gold mines.
I don’t know about future contracts or EFT’s but is that better? I don’t know but then I don’t have the physical gold. Can you tell me which is best and why without a 20-page explanation.
Thank you for your time.
Pat D
We are not affiliated with Midas Gold Corp., the Canadian mining company. We don’t trade futures but we are more than happy to answer your questions, please give us a call.