2018 1 oz American Gold Eagle
Produced by the US Mint, The 1 oz American Gold Eagle is their largest gold coin. It carries a face value of $50 USD. Importantly, this coin is legal tender in the United States which means that every coin is guaranteed to have the representing gold weight in troy ounces by the US Government.
Similarly to the Canadian Gold Maple Leaf, the American Gold Eagle is offered in fractions of an ounce – 1/2 troy, 1/4 troy, and 1/10 troy with the corresponding currency values of $25, $10, and $5 respectively.
Notably, Augustus St-Gaudens beautifully designed one side of the coin. The reverse side depicts an majestic picture of a bald eagle soaring above the nest with the hatchlings, signifying security to her family.
The gold content of the American Gold Eagle is 91.67%, which means it is 22 karat gold. Furthermore, the coins contain the guaranteed 1 ounce of pure gold. The coin itself weighs 1.0909 troy ounces total, which means that it is 1 troy ounce of pure gold.
The remaining content of the coin is copper and silver at 5.33% and 3% respectively. Such composition helps to increase stability and scratch-resistance of the coins.
Since 1986 the American Gold Eagle has become one of the most popular gold coins for hard asset enthusiasts around the world.
The American Gold Eagle can be held in your self-directed IRA.
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Buy the 2017 1 oz American Gold Eagles with Bitcoin at Veldt Gold.