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GOLD COINS

The United States Mint originally issued the first gold coins in 1795.  The U.S. Dollar Value was set at 24 ¾ grains of gold, based on the price of gold at $19.39 per troy ounce (480 grains).  As the Western Frontier expanded, United States gold coins were struck at 7 different mints from Philadelphia to San Francisco.  Sizes ranged from a $1.00 gold piece up to the Fifty Dollar denomination.  Back then, money was literally “worth it’s weight in gold” no more, no less.

Congress changed the gold specification in 1834 and 1837 and set the price of gold at $20.67 per ounce.  In 1933, during the height of the Great Depression, President Roosevelt made it illegal for U.S.A. citizens to hold gold.  He ordered that all gold coins be removed from circulation and returned to the U.S. Treasury where millions were melted into gold bars.  The value of the U.S. Dollar was adjusted from $19.75 per ounce to $35 per ounce.  The worldwide effect devalued the buying power of the dollar by over 40%.

After the great gold recalls and meltdowns, millions of common Gold Coins suddenly became very rare and difficult for collectors to obtain at all.  Today, the total surviving Pre-1933 U.S.A. gold coin supply is fixed and extremely limited.  Experts estimate that less than 1% of those coins have survived the test of time.  Consequently, each one is highly prized by both rare coin collectors and investors.

Each U.S. gold coin minted before 1933 is individually valued based on its date, rarity, appeal among collectors, and state of preservation known as the grade.

American Eagle Gold Bullion Coins

Authorized by the Bullion Coin Act of 1985, American Eagle Gold Bullion Coins quickly became one of the world's leading gold bullion investment coins. Produced from gold mined in the United States, American Eagles are imprinted with their gold content and legal tender "face" value. However, the face value is largely symbolic since their market value has historically been much higher.

American Eagles use the durable 22 karat standard established for gold circulating coinage over 350 years ago. They contain their stated amount of pure gold, plus small amounts of alloy. This creates harder coins that resist scratching and marring, which can diminish resale value.

Minted to exacting standards, the obverse (front) design is inspired by what's often considered one of America's most beautiful coins: Augustus Saint Gaudens' celebrated $20 gold piece, minted from 1907-1933. The reverse features a nest of American Eagles, symbolizing family tradition and unity.

Government Guarantee

What truly sets American Eagles apart is that they are the only bullion coins whose weight, content and purity are guaranteed by the United States Government. Investors can buy them with confidence, knowing the coins contain their stated amount of gold. In addition, long-term savers can include American Eagles in their Individual Retirement Accounts (IRAs).

Investing in Gold

Ever since its discovery 5,000 years ago, gold has been treasured for its unmatched luster, beauty and intrinsic value. Today, gold continues to enjoy widespread appeal as an investment and storehouse of value. Gold is an internationally recognized monetary and financial asset held in reserve by major governments. It is so rare that all the gold ever mined could fit into a cube measuring just 20 yards on each side. Most importantly, gold can play a role in diversifying an investment portfolio, since it can move independently of stocks and bonds. What's more, gold is a tangible asset - one whose beauty and artistry you can literally hold in your hands. When purchased in the form of legal tender bullion coins, gold can be affordable, as well as easy to buy and store. Americans purchase more American Eagle Gold Bullion Coins than any other gold coin. Produced by the United States Mint, Department of the Treasury, these coins are available in four denominations.