Mention gold coins and most people will think of gold eagles. First created in the 80s, it soon became one of the one of the world's leading investment coins. The front of the coin is virtually the same as the $20 Augustus St. Gauden. These were made from 1907-1933 and were named the 'double-eagle'. It is designed to create awe like the ancient Greek and Roman coins. The gold eagles are made with a specialized process in the mint that starts by feeding burnished coin blanks into the presses that are fitted special dies. The coin is struck multiple times so the images seem to float above a mirror-like field. The gold eagle is the only bullion coin guaranteed by the American government (congressionally authorized) which means that it's even more of a valuable investment. They guarantee it's gold content, weight, and purity. Gold traders usually prefer the gold eagle to gold bullion bars or other gold coins because of delays or added costs for assaying. Unlike most bullion gold coins, American eagles are non-reportable, private and preferred by serious gold investors for complete privacy, safety and security. It has a reeded edge and is 22 karat (which means 91.67% gold, 3% silver and 5.33% copper.) This is the usual for gold coins because it creates a more durable coin that resists marring and scratching. In 2006 the US mint created the American eagle uncirculated coin. The gold version was made in one-tenth, one-quarter, one-half and one ounce sizes, along with a complete four-coin set containing one coin of each size. In 1999, the mint at West Point produced a limited number of accidental 1/10 oz and 1/4 oz uncirculated coins. All the other West Point gold American eagles are proofs. If you are thinking of buying gold eagles and you would prefer to maintain your anonymity it is sensible to buy from a coin trader who don't ask for your social security number or require an application.
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Mention gold coins and most people will think of gold eagles.
For more information about American gold eagles please visit our old coins website.
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