$5 American gold eagle- Points to Remember

Investing in a gold coin collection is definitely worth it. It is a good idea for you to have rare pieces, but you certainly need to own a number of gold bullion that are the easiest and quickest to capitalize on. The American Gold Eagle coins are an excellent choice. All you have to do is learn what to look for in them.Get more details  $5 american gold eagle.

Brief Histor

The American Gold Eagle coins are minted by the United States Mint. They were introduced with the Gold Bullion Coin Act of 1985. The first coin was released back in 1986 and newly minted coins are being released constantly. It should be noted that all coins have a government guarantee that they contain the actual amount of gold, which is officially stated.

Specifications

All Gold Eagle Coins are made from 22-karat gold, which corresponds to the crown gold English standards. The precious metal comes from a source in the US. All coins have 0.9167 Fitness as some silver (3%) and copper (5.33%) are added to the gold ( 91.67%) to make the coins more resistant to wearing out.

There are 4 types of American Gold Eagle coins in terms of specifications. The $5 coin weighs 1/10 troy oz. It has a diameter of 16.5 mm and thickness of 1.19 mm. The1/4 troy oz coin has a face value of $10. It diameter is 22 mm and its thickness is 1.83 mm. The $25 American Gold Eagle coin weighs 1/2 troy oz and has diameter equal to 27 mm and thickness of 2.24 mm. The 1 troy oz coin has a face value of $50. It is 32.7 mm in diameter and 2.87 mm thick.

Double Eagle

Tis is a special $20 American Eagle coin which was produced by the United States Mint between 1907 – 1933. It was the first coin in the United States which had roman numerals showing the date and was also the first gold coin that put the mintmark on the tails or obverse.

Design Elements

The head or obverse of the American Gold Eagle coins feature the figure of Lady Liberty as designed originally by Augustus Saint-Gaudens. She has a long robe and a flowing hair. Lady Liberty holds a torch and an olive branch in her right and left hand respectively. There are 50 stars on the heads honoring the 50 states of the Union. The Capitol building is present in the background. The design on the tails or reverse consists of a male eagle. He has an olive branch in his beak. The eagle presents it to a female eagle that is in a nest with her hatchlings. The inscription “In God We Trust” is present on the reverse side. The edge of all coins is reeded.