American Eagle Gold Coins Well Know Bullion Coins

American Eagle Gold Coins are well known bullion coins. These are minted in USA and as per the rules the gold is 100% American for it to be considered legal. These were launched when South African gold was banned due to protest against apartheid.

The American Eagle Gold Coins are 22 carat gold, i.e. 91.67% pure gold. They are made in 1/10 oz, ¼ oz, ½ oz and 1 oz denominations which are also the weight of the coin i.e. its gold content. Gold has baser metal like copper and silver alloy content. They differ from Kruggerands in their yellow color, which is due to the alloy. Kruggerands are deep orange.

This coin was designed by Augustus Saint Gaudens, the world famous designer. It has the Lady of Liberty holding her torch on one side, the other has a male eagle flying above a female eagle and a baby eagle. It is rich in symbolism. The male eagle represents the power and might of USA, and the male eagle also carries an olive branch that represents USA’s commitment to peace. All of the coins bear the same design. The gold content varies as per the denomination.

Another great advantage is that American Eagle Gold Coins are recognized globally. They are, in fact, the most popular gold coins in the world. Hollywood has done its bit in making people from countries all over the world familiar with both its intrinsic value as well as its artistic value. This adds to their appeal as a collector’s item. People display pride in owning an American Eagle Gold Coin.

Moreover, U.S. Mint guarantees their gold content and their weight.