1 10 Oz American Gold Eagle
This unparalleled liquidity along with the historical significance of the coin make the gold american eagle an outstanding way to invest in gold.
1 10 oz american gold eagle. About american gold eagle 1 10 oz coins. Thats 1 25 million more than the next closest mintage high set by the 1 oz coin in. This stunning new coin was an instant hit among collectors and sets were soon accumulated. In 1999 the 1 10 oz american gold eagle sold 2 75 million coins compared to 1 5 million 1 oz coins outpacing the largest coin by nearly double that amount.
However after an executive order issued by president franklin d. The gold american eagle is the most widely traded bullion coin in america and is backed by the united states government. The 1 10 ounce gold eagles for sale are 16 5mm in diameter and each 1 10 oz gold eagle s weight is nearly 11 troy ounces total. Tenth ounce american gold eagles have a 5 face value which is labeled on the reverse along with the united states motto as well as the declaration that each coin contains 1 10 oz fine gold.
Gold coins were used for legal tender under the coinage act of 1792. 5 american gold eagle was struck using a collector s mirrored proof finish. This coin contains 1 10 oz of 9167 fine gold making it an affordable way to acquire gold bullion. 1972 and the nixon presidency brought a reversal to this order which had banned the private ownership of gold bullion.
In fact the american eagle 1 10 oz gold coin has the highest recorded mintage among the four bullion coins at 2 750 338 units in 1999. The 22k gold eagle coin is the most popular modern gold bullion coin in overall sales volumes and also comes in 1 oz 1 2 oz and 1 4 oz and this smallest 1 10 gold coin size. The lower denomination and smaller size of the 1 10 oz gold american eagle make. Roosevelt in 1933 they were removed from circulation.
Long the darling of investors the 1 10 oz american gold eagle bullion coin holds the record for the highest individual mintage figure in the series with 2 75 million 1 10 oz gold eagles issued in 1999 alone. Since 2014 the 1 10 oz gold eagle has outsold each of the other weights in this series including 2019 when it sold 140 000 coins as the only specimen to surpass 100 000. This coin was only issued with a business strike in 1986 1987 but in 1988 for the first time a version of the 1 10 oz. American gold eagle finishes.
The american eagle 1 10 oz gold coins havent just dominated recently in the series but at various points in the past as well. With the same beautiful details as the larger series anyone can enjoy its widely popular design.