American Gold Eagle
United States Mint · United States · Gold · 1 troy oz · .9167 fine
Typical dealer premium: 3–6% over spot.
The American Gold Eagle is the official gold bullion coin of the United States, first minted in 1986 under the Gold Bullion Coin Act. Struck in 22-karat gold (91.67% pure), it contains exactly one troy ounce of gold alloyed with small amounts of silver and copper to increase durability. Its iconic design features Augustus Saint-Gaudens' striding Lady Liberty on the obverse — a design considered one of the most beautiful in American coinage history.
American Gold Eagles are legal tender backed by the U.S. government and are one of the most widely recognized and liquid gold coins in the world. They are approved for inclusion in gold IRAs, making them a common choice for retirement investors. The coin's 22-karat alloy makes it slightly harder than .999 coins, which reduces scratching during handling and long-term storage.
Despite their slightly lower purity compared to .9999 coins like the Maple Leaf or Britannia, American Gold Eagles command strong premiums and exceptional liquidity. They are readily bought and sold by virtually every major bullion dealer globally, and their U.S. government backing provides an extra layer of investor confidence.
- What is the American Gold Eagle coin?
- The American Gold Eagle is the official U.S. gold bullion coin, first issued in 1986. It contains one troy ounce of gold in a 22-karat (91.67% pure) alloy and is legal tender with a face value of $50. It is produced by the United States Mint and is one of the most widely recognized gold coins in the world.
- What is the typical premium on an American Gold Eagle?
- American Gold Eagle coins typically trade at 3–6% above the spot price of gold for 1 oz coins when purchased from a reputable dealer. Premiums can be higher during periods of high demand or low dealer inventory. Fractional sizes (1/2 oz, 1/4 oz, 1/10 oz) carry larger premiums relative to spot.
- Are American Gold Eagles eligible for a gold IRA?
- Yes. American Gold Eagle coins are one of the few gold coins approved by the IRS for inclusion in a self-directed gold IRA. Their status as U.S. legal tender and government-backed bullion makes them a popular choice for retirement investors seeking gold exposure.