What is a 1 Oz Gold Eagle Worth Today?
Gold Eagle coins are an economical and widely-popular way to own physical gold, featuring a $50 US face value and 1 troy ounce size. Furthermore, they’re legal tender in the US as well as eligible for Gold IRAs.
Government guarantees guarantee the weight, purity and content of each coin sold as American Gold Eagles are available in four sizes packaged neatly into plastic flips or original mint tubes that hold 20 coins each.
Legal Tender
The 1 oz Gold Eagle coin is one of the most beloved bullion coins in the United States, drawing its design from Augustus Saint-Gaudens’ famed 1907 Gold Double Eagle coin. On its obverse is Lady Liberty in full length while on its reverse is a male eagle carrying olive branches for Lady Liberty to deliver to its nest and nestlings. These coins are legal tender allowing their holders to pay taxes and fees.
Each Gold Eagle produced by the United States Mint is guaranteed by government standards for weight, content and purity. Congress created the American Eagle Gold Bullion Coin program in 1985, and President Ronald Reagan promptly signed it into law.
Buy one American Eagle coin or invest in a sealed monster box of 20 (Random Year). Your coins will arrive in Brilliant Uncirculated condition and ship securely in plastic flips; offering an ideal way to diversify your portfolio during times of financial instability.
Collector’s Piece
Gold Eagles are the world’s best-selling bullion coins, their popularity driven by both collectible value and investment appeal. Their obverse is an adaptation of Augustus Saint-Gaudens’ work that graced the $20 Double Eagle coin that served as legal tender from 1907-1933 in America.
Each coin contains 1 troy ounce of pure.9167 gold and is backed by the US government. Their face value of USD $50 can be seen on their obverse along with Lady Liberty holding her torch and olive branch; on their reverse can be found a family of American bald eagles designed by Miley Busiek.
The US Mint does not sell these coins directly to the public, which means they may carry an added premium over Gold spot prices – often as much as 1% or higher – when purchased. Furthermore, these coins qualify for inclusion into an Individual Retirement Account, making them an excellent addition to a retirement portfolio.
IRA-Eligible
American Eagle coins are one of the world’s most beloved gold bullion investments, designed to help retail investors quickly acquire physical precious metals at competitive rates. Under the Gold Bullion Coin Act of 1985, these coins are fully guaranteed for weight, content and purity by the U.S. Government.
Each one oz Gold Eagle coin contains exactly one troy ounce of pure gold and features the iconic image of Lady Liberty striding forward while carrying her torch in one hand and holding an olive branch for peace in the other. On its reverse, however, are inscribed the coin’s weight, face value, metal content, etc.
American Eagle coins that have been approved for storage within self-directed retirement accounts (IRA) are unique among rare coins in that they can be included under this provision of US Mint gold bullion coins, and investors should keep in mind that IRS rules only permit investment-grade bullion coins to be included within an IRA account.
Low Bid/Ask Spread
American Gold Eagles are among the most beloved bullion coins available today, providing an easy and effortless way to invest in physical gold in your portfolio. Their global recognition makes them highly liquid investments that serve as a protective hedge against domestic and global financial and monetary risk.
Miley Busiek created an original design for this coin’s obverse that is an interpretation of Augustus Saint-Gaudens’ Double Eagle gold coin from 1907. She depicts Lady Liberty striding forward, with long locks flowing behind her and holding both a torch and olive branch in each hand.
The Gold Eagle coin is produced by the United States Mint and meets government specifications for purity and weight. Available sizes for this coin include 1 oz, 1/2 oz, 1/4 oz and 1/10 oz; those looking for the best deal should consider selecting random year option; this could help save additional premiums over previous years.
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