Buy Gold Eagles in Palm Harbor, FL
Do you want to buy American Gold Eagles? Quality Coin and Gold in Palm Harbor, FL sells American Gold Eagles. We offer a wide assortment of Gold American Eagle coins to our clients. We also offer IRA and 401k rollovers into Gold Eagles. Because we buy and sell all quantities of American Gold Eagles, Quality Coin and Gold is your best choice to buy American Gold Eagles.
What is the American Gold Eagle?
The United States official gold bullion coin is the American Gold Eagle. American Gold Eagles are called “AGE” or simply “Gold Eagles.” The United States Mint first released Gold Eagles on November 24, 1986, struck only in the one-troy ounce size. Furthermore, the United States Mint certified its content, weight, and purity as one troy ounce of 99.9% pure gold. Because the term “eagle” also is the official United States designation for pre-1933 ten dollars gold coins, the weight of the bullion coin is typically used when describing American gold eagles (e.g., “1/2-ounce American gold eagle”) to avoid confusion. This is particularly true with the 1/4-oz American gold eagle, which has a marked face value of ten dollars. Additionally, funding for Individual Retirement Account investments may be used for American Gold Eagle bullion coin. Therefore, AGE are very popular for retirement investing.
Gold eagles minted 1986–1991 are dated with Roman numerals. In 1992, the U.S. Mint switched to Arabic numbers for dating gold eagles.
What Sizes Are Gold Eagles?
The US Mint makes Gold Eagles in 1/10, 1/4, and 1/2 and 1 troy oz coins. The face values are $5 for the 1/10, $10 for the 1/4, $25 for the 1/2 and $50 for the 1 troy ounce coins. They are identical in design except for the markings on the reverse side that indicate the weight and face value of the coin (for example, 1 OZ. fine gold~50 dollars). These are their legal values reflecting their issue and monetized value as coins. They are legal tender for all debts public and private at their face values. These face values do not reflect their intrinsic value which is much greater and is mainly dictated by their troy weight and the current precious metal price.
The market value of the coins is generally about equal to the market value of their gold content plus a small premium, not their face value. Like all commodities, this value fluctuates with market forces. The face values are proportional to the weights except for the 1/4 oz coin. Their actual selling prices vary based on the current spot price of gold. The United States Mint also produces proof and uncirculated versions for coin collectors. The West Point Mint in West Point, New York produces these coins. The proof and uncirculated versions carry the mint’s mark (“W”) beneath the date.
American Gold Eagle
The obverse design features a rendition of Augustus Saint-Gaudens’ full length figure of Lady Liberty with flowing hair, holding a torch in her right hand and an olive branch in her left, with the Capitol building in the left background. The design is taken from the $20 Saint-Gaudens gold coin which was commissioned by Theodore Roosevelt to create coins like the ancient Greek and Roman coins.
American Gold Eagle
The reverse design, by sculptor Miley Busiek, features a male eagle carrying an olive branch flying above a nest containing a female eagle and her hatchlings.