Authorized by the Gold Bullion Coin Act of 1985, American Eagle Gold Bullion Coins quickly became one of the most important gold bullion investment currencies in the world. Produced from gold mined in the United States, the American Eagles are printed with their gold content and their legal “face value”. The value of American Eagle is based on the market price of its metal content, plus a small premium to cover minting and distribution.
American Eagles uses the 22-karat durable standard established for the minting of gold coins more than 350 years ago. They contain the indicated amount of pure gold, with smaller amounts of alloy. This creates harder coins that resist scratching and wear, which can lower the resale value.
What really sets American Eagles apart is that they are the only bullion coins whose weight, content and purity are guaranteed by the Government of the United States. Investors can buy them with confidence, knowing that the coins contain their declared amount of gold. In addition, long-term savers may include American Eagles in their individual retirement accounts (IRAs).
It is easy to trace the value of American Eagle Bullion Coins. Most major newspapers report the daily price of gold. The value of American Eagle is based on the market price of its metal content, plus a small premium to cover the costs of minting and distribution.