The 1 oz Gold Eagle is authorized by the United States Congress and is backed by the United States Mint for weight and content. For American Gold Eagles, the gold fraction was increased again to. coins since 1834, with the gold content having dropped since 1837 to a standard of 0.900 fine for U.S. The 1 oz American Gold Eagle is made with 22 kt gold alloy which is an English standard traditionally referred to as “crown gold.” Crown gold alloys had not been used in U.S.
This is particularly true with the 1/4-oz American Gold Eagles, which have a marked face value of ten dollars. 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. SWP has the 1 oz gold American Eagle coins for sale, whether you are looking for Gold Eagles for delivery or storage in one of our offshore vaults. See above for the current price to buy American Gold Eagles coins from SWP. Authorized under the Gold Bullion Coin Act of 1985, the Gold Eagle Coin was first released by the United States Mint in 1986. The American Gold Eagle is an official gold bullion coin of the United States.