The American Gold Eagle Coin, authorized by the Gold Bullion Coin Act of 1985, has been a prominent offering from the United States Mint since its inaugural release in 1986. This coin holds the distinction of being guaranteed by the U.S. government to contain the stated weight in pure gold.
Specifically, the American Gold Eagle Coin is composed of 22 carat gold, a composition designed to enhance its durability. This gold alloy consists of 91.67% gold and 8.33% copper. By incorporating copper into the alloy, the coin’s hardness and resistance to wear are increased, making it more suitable for circulation and handling. With its iconic design and trusted purity, the American Gold Eagle Coin has become a popular choice among investors and collectors alike, symbolizing both the value of gold and the stability of the United States government’s backing.
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