us mint american eagle gold bullion coins

The maple leaf, Canada’s official national symbol, adorns the reverse side in addition to inscriptions indicating the coin’s purity and denomination. The Canadian Maple Leaf was designed by Walter Ott, and its obverse side displays a profile of Queen Elizabeth II as well as the inscription “ELIZABETH II,” the coin’s face value, and the year of minting. Two Iconic Designs: Maple Leaf & Lady Liberty Mint to strike 22-karat American Eagle Gold bullion coins. government joined a few years later when the passage of the Gold Bullion Coin Act of 1985 authorized the U.S. As such, the Canadian government filled the void when it introduced the 24-karat Canadian Maple Leaf Gold coin in 1979. However, due to the anti-apartheid boycott, Krugerrands were made illegal in many countries apartheid ended in 1991. History of North America’s Most Popular Gold Coinsįrom 1967 until the late 1970s, the 22-karat Krugerrand was the only gold bullion coin available to investors. Gold bullion coins are uncorrelated sources of investment diversification, are legal tender in the respective countries, and make unique gifts to commemorate big life moments. Mint sold the 2012 ounce coin, whose face value is $50, at $1,835.00.Hoping to invest in precious metals? Look no further than the American Eagle Gold coin and the Canadian Gold Maple Leaf. However, these face values do not correspond to their intrinsic value which is much greater and is determined through their troy weight and current gold price. Furthermore, they are legal tender for all debts public and private at their face values. The face values are proportional to the weights, except for the 1/4 oz coin. The face values of the coins are $5, $10, $25, and $50, which are their legal values reflecting their issue and monetized value.

Coins minted from 1986 to 1991 are dated with Roman numerals, whereas coins minted since 1992 are dated with Arabic numbers.Īll gold eagle coins are identical in design, except for the markings indicating the weight and face value of the coin. The American Gold Eagle is a good investment option for financial security, stability, and liquidity while also eligible for placement in a gold IRA (Individual Retirement Account). In fact, the American Eagle is the country’s leading gold coin for investment portfolios, which has also made it a target for fakes (read: How to Spot a Fake American Eagle Gold Coin).Įven though the value of the coins fluctuates with market dynamics, gold is regularly in demand on the world markets. American Eagle Gold coins have become a very popular investment coins over the years.

Us mint american eagle gold bullion coins