American Eagle Gold Coin

American Eagle Gold Coin: A Secure Investment

In 1985 Congress issued the Gold Bullion Coin Act. This act authorized the american eagle gold coin. The coins are backed by the U.S. government and are guaranteed to contain the stated amount of gold. The gold used to form the coin is required to originate from American sources and contains trace amounts of silver and copper for wear resistance. The front of the coin displays lady liberty and the back depicts a male eagle flying over a female eagle and her hatchlings. The coins are minted at the West Point mint and their value varies depending on the current price of gold.

The U.S. authorized the american buffalo gold coin in 2005. This coin is the first large scale circulation of a pure 24kt gold coin. The front of the coin features the profile of a Native American man and the back shows an American bison. The designs were sculpted by American sculptor James Earle Fraser and were originally featured on the "buffalo" nickel minted by the U.S. in the early twentieth century. Each american buffalo gold coin contains one troy ounce of gold and is approximately the same size as a half-dollar coin. The coin is minted at the West Point mint, has a face value of $50 and is guaranteed by the U.S. government.

Another popular coin for both investors and collectors is the morgan dollar coin. The Comstock Lode of 1850 caused a downward trend in silver prices. The U.S. Treasury purchased a large quantity of silver and produced one dollar silver coins. The coin was minted from 1878 until 1904 and for one year in 1921. The front of the coin features the profile of a Lady Liberty and the back features an eagle holding arrows and an olive branch. The coin contains .7734 troy ounces of silver. In 1970 a large cache of uncirculated morgan dollars was discovered at the Nevada mint and sold to collectors.

In addition to investment coins the U.S. Government sells proof and uncirculated coins. These coins are designed and minted especially  for collectors. The United States Mint produces proof coins of the popular american eagle gold coin and the buffalo 24kt gold coin. The proof coins are minted using a special process and are carefully sealed and presented with a certificate of authenticity. The proof coins are guaranteed by the U.S. government for weight, purity, and content.