2023 1/10 OZ AMERICAN GOLD EAGLE

Description

Introduction: Released by the U.S. Mint in 1986, the American Gold Eagle coin is offered in 1/10, 1/4, 1/2, and 1 troy ounce denominations, with a gold content of 22 karats (91.67% gold). The addition of silver and copper gives the coin its signature reddish hue and added durability.

Face Value: While each denomination has a respective face value (e.g., $5, $10, $25, $50), the actual market value is based on the current price of gold and a small premium.

Design:

1. • Obverse: The obverse design, inspired by Augustus Saint-Gaudens’ 1907 $20 Gold Double Eagle, features a full-length figure of Lady Liberty with flowing hair, holding a torch in her right hand and an olive branch in her left.
   • Reverse: The reverse design features a portrayal of an eagle. Inscriptions are “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” “IN GOD WE TRUST,” “5 DOLLARS,” and “1/10 OZ. FINE GOLD.”
   • Purposes:
     • Investment: With its gold content and backing by the U.S. government, many choose the American Gold Eagle as an investment vehicle.
     • Collection: The coin’s beauty and significance make it a desirable addition to collections.
     • Legal Tender: Its face value makes it legal tender, but due to its intrinsic value, it’s not commonly used in everyday transactions.
     • Varieties: The U.S. Mint produces the American Gold Eagle in bullion, proof, and uncirculated versions for different market segments.
     • Popularity: The American Gold Eagle, due to its beauty and backing by the U.S. government, is one of the world’s most popular gold coins.

Additional information