Article Facts

American Gold Eagle Coins, authorized by the congress, are undoubtedly a very suitable way for the investors to enclose gold as an element in their respective investment portfolio. They are available in the form of platinum, gold and silver, and were primarily invented in the year 1986. The exclusive design of “Lady Liberty” was carved on it by Augustus Saint-Gaudens and primarily became visible on these coins in 10907. Till the year 1933 this design was continuously visible on these coins.

Produced by the mint, these coins are traded as proof currency. This indicates that these coins have been manually passed through a press which has been integrated with special dyes, this is certainly a specialize process. To be sure about the purity, inspectors wearing white gloves examine these coins. They are then placed into a capsule which is confined with a plastic seal. They are then licensed with a “Certificate of Authenticity” and placed into a luxurious satin lined velvet case.

The United States Mint has taken the complete responsibility of producing as well as guarantying the weight, content and the purity of these coins. Due to the limited amount of production they rapidly made their way to the collector’s items. They are exclusively available only through the United Stated Mint. Both, the silver and the platinum, coins are made of the size of one ounce. To make sure about the genuineness of these American Gold Eagle coins you should ensure that they have the mark “W” stamped on it, before purchasing them. The reason for marking them as “W” is that they are distinctively manufactured at the West Point United States Mint. As declared by the law, all the American Gold Eagle coins that are termed as uncirculated should be produced in sufficient amounts to match the needs of the public. For all these reasons, the mint has stopped the current production of these coins. Once, it is able to meet the needs of the public the program will be rescheduled.

Formerly during the time period of 1986, only silver and gold coins were produced and marketed by the mint. Platinum was added to the collection after the year 1997. Since all these coins are made by hand they are labeled as “proof”. These sparkling coins are placed manually into the presses. These American Eagle Gold Proof coins can be availed in 1oz., 1/2 oz., oz. and 1/10 oz. Sets that include single coin of each value are also sold by the mint.

American Gold Eagle Coins shows the “Lady Liberty” design on the obverse, and on the reverse it shows a family of eagles. One interesting fact about these coins is that, by law, they must be made using gold that is found in the United States. At any given time, these coins will sell at the same value of the gold market for spot gold.

These gold eagles which were minted in the years between 1986 till 1992 were given the date by means of Roman Numerals whereas those which were minted past 1992 were dated by using the Arabic numbers. Every single coin that is manufactured will have the design similar to the 1 troy ounce. The dissimilarity would just be on the backside where the weight and the face value of these coins would be shown.

Alan Tennant is an author for (http://qualitybullion.com/) QualityBullion.com a complete source for information on gold and other precious metals. You can also find excellant prices on (http://gold.qualitybullion.com/gold-bullion-coins/) gold bullion coins and plenty of other forms of bullion.