American Gold Eagle Bullion
The American Gold Eagle bullion is an official gold bullion bar in the United States which was firstly produced by the United States Mint in 1986. Since then, the American Gold Eagles have become and remained until now the leading bullion coin investment products.
The American Eagle Gold bullion coin was authorized under the Gold Bullion Coin Act of 1985 and it is manufactured in 1/10 oz, ¼ oz, ½ oz and 1 oz. These coins are made of gold and an alloy of silver and copper. The gold used in producing the eagle gold bullion coin must come entirely from sources in America and must contain a stated amount of gold weight in troy ounces. The American Gold Eagle bullion is authorized by the United States Congress and its weight and content are backed by the United States Mint.
The obverse of the coin features the figure of Lady Liberty holding a torch and an olive branch. The Capitol building can be seen in the background. On the reverse, there is shown an eagle that carries an olive branch above a nest where there is a female eagle with her hatchlings.
The American Gold Eagle Coins are worth basically as much as their gold content is worth. The market is fluctuating daily due to the always changing spot price for gold. Starting with March 2009 the $5, $10, $25 and $50 coins are worth approximately $130, $275, $550 and respectively $1,000. These are the prices by face value.
The American Gold Eagle coins and bullion bars are produced for both investors and collectors. The collectors may purchase proof versions of these coins and bullion bars from the United States Mint. The proof versions are mostly manufactured at the West Point Mint in West Point, New York and they can be easily recognized as they carry the mint’s mark “W” right beneath the date.
Most of the gold bullion dealers have online websites through which they sell or buy the gold bars. The gold bullion dealers may also be a resource for the coin collectors. Coins and bullion bars may be purchased in the banks, at the specialized companies, online, from the coin dealers and auctions. The rarest and most valuable coins may be found at auctions. The flea markets and antique shops also count among the places where gold coins can be looked for.
The American Gold Eagle Bullion bar is still one of the most sought after piece on the market of gold bullion bars and coins and many people are seeing it as an investment opportunity or as a piece of collection for the enthusiast collectors.