This 22 kt American Gold Eagle coin contains a full troy ounce of gold, although the coin itself weighs a bit more due to the other metals it contains. First issued in 1986, it marked the United States’ first attempt at a standard gold bullion coin. The obverse (front) is a rendition of the pre-1933 $20 Double Eagle, designed by Augustus Saint-Gaudens. The reverse features a male eagle carrying an olive branch flying above a nest containing a female eagle and her hatchlings.
The American Gold Eagle is on the CUSIP list. This coin is made with US-produced gold. Available in bullion, uncirculated, and proof editions, it is also available in ½ ounce, ¼ ounce, and 1/10 ounce varieties. A one-ounce coin carries a face value of $50, although the metal content is worth much more.
BONUS FACT – The American Gold Eagle was originally produced as 22 kt to harden the metal and reduce wear and tear on the coin itself.
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