The American Gold Eagle is the most popular gold coin the world. Outsells any other bullion product and is the number one investment choice for many PM investors. The American Gold Eagle is an official gold bullion coin of the United States. Authorized under the Gold Bullion Coin Act of 1985, it was first released by the United States Mint in 1986. Offered in 1/10 oz, 1/4 oz, 1/2 oz, and 1 oz denominations, these coins are guaranteed by the U.S. government to contain the stated amount of actual gold weight in troy ounces. By law, the gold must come from sources in America, with an additional alloy of silver and copper to produce a more wear-resistant coin of .9167 (22 karat, which had long been the crown gold English standard for gold coins). It is authorized by the United States Congress and is backed by the United States Mint for weight and content.
US American Gold Eagles represent the US entry into Gold Bullion investing and rivals the Canadian Gold Maple Leaf and South African Krugerrand. Beginning in 1986, this series is the most popular gold bullion product in the United States. The one ounce size is recognized by most retirement/IRA accounts and is normally tied to the spot price of gold. The fractional Gold Eagles come in sizes such as Half (1/2 oz), Quarter (1/4 oz), One-Tenth (1/10 oz). These smaller sizes represent a great entry level coin for nearly anyone.