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Gold American Eagle: The Most Popular Gold Coin in the World

Steve Martin • September 19, 2023

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Gold American Eagle: The World's Favorite Gold Coin

The Gold American Eagle is the most popular gold coin in the world, and for good reason. It's a high-quality, government-backed coin that's perfect for investors of all budgets. Learn more about why the Gold American Eagle is so popular and how to invest in it today.

Composition and Value

The American Gold Eagle is made of an alloy of gold, silver, and copper. The gold content of the coin varies depending on the denomination, but all American Gold Eagles are at least 99.9% pure gold. The silver and copper are added to make the coin more durable and to give it a whiter color.


The value of the American Gold Eagle is determined by the current market price of gold. The face value of the coin is less than its intrinsic value, so American Gold Eagles are not typically used for everyday transactions. Instead, they are held as investments or collectibles.

Design Evolution

The American Gold Eagle has undergone some design changes over the years, but the obverse design has remained largely the same. The obverse features a rendition of Augustus Saint-Gaudens' full-length figure of Lady Liberty.



The reverse design of the American Gold Eagle has changed several times over the years. The original reverse design featured a male eagle carrying an olive branch flying above a nest containing a female eagle and her eaglet. In 2021, a new reverse design was introduced, featuring a close-up head portrait of an eagle.

Legal Tender Status

The American Gold Eagle is legal tender in the United States, but it is not typically used for everyday transactions. This is because the intrinsic value of the coin is much higher than its face value. Instead, American Gold Eagles are held as investments or collectibles.

Why is the American Gold Eagle so popular?

There are several reasons why the American Gold Eagle is so popular. First, it is a high-quality coin that is backed by the US government. This makes it a safe and reliable investment. Second, American Gold Eagles are available in a variety of sizes and weights, making them accessible to investors of all budgets. Third, American Gold Eagles are also popular with collectors because of their beautiful designs.

Features

Feature Description
Design Obverse features Adolph A. Weinman's "Walking Liberty," and reverse showcases a heraldic eagle.
Purity 99.9% pure silver.
Variants Available in bullion, proof, and uncirculated versions.
Mint Locations San Francisco Mint, Philadelphia Mint, and West Point Mint.
Popularity One of the most popular silver bullion coins in the world.
IRA Eligible Eligible for inclusion in Gold IRA's (IRAs).
Market Value Determined by its weight in silver, fluctuates based on the current market price of silver.
Collectibility Special editions and sets have been released over the years.
Global Recognition Recognized worldwide, easy to buy, sell, or trade globally.

How to invest in American Gold Eagles

There are two main ways to invest in American Gold Eagles: through a dealer by rolling-over a retirement account or directly from the US Mint.


To invest in American Gold Eagles through a dealer, you will need to open an account with Newmont Capital. Once you have opened an account, you can place an order for American Gold Eagles. Newmont Capital will then purchase the coins on your behalf and deliver them.


To invest in American Gold Eagles directly from the US Mint, you will need to create an account on the US Mint website. Once you have created an account, you can place an order for American Gold Eagles. The US Mint will then ship the coins to your depository directly.


Download our free investment kit to learn more about how to invest in American Gold Eagles and other precious metals. Our kit includes everything you need to know about investing in precious metals, including the different types of precious metals, the benefits of investing in precious metals, and how to choose a reputable dealer.

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