The American Gold Eagle Coin was authorized by the Gold Bullion Coin Act of 1985 and was first released in 1986. It is offered in 1/10, 1/4, 1/2 and 1 troy ounce increments and each coin is guaranteed by the U.S. government to contain the stated weight in pure gold. The Eagle coin is 22 carat gold and is made from 91.67% gold and 8.33% copper to make it more durable. This combination is traditionally referred to as “crown gold” and was used by the British Crown for centuries to make coins last longer, while still containing the requisite amount of gold.
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