The American Gold Eagle coin has been the most popular gold coin of the United States Mint since its introduction in 1986. These coins were made possible by the Gold Bullion Act of 1985, which authorized the mint to produce gold coins using domestic (American mined) gold.
The American Gold Eagles are minted in various denominations: 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz of actual gold. The total weight of the coin will be slightly more, due to the fact they’re 22-karat gold. That means 91.67% (22K/24K) of the coin is gold, alloyed with 3% silver and 5.33% copper. Therefor, the total weight of a “1 oz American Gold Eagle” is 1.0909 troy ounces (33.931 grams).
- Manufacturer: U.S. Mint
- First Released: 1986
- Actual Gold Weight: 1, 1/2, 1/4, 1/10 troy oz
- Composition: 91.67% Au, 3% Ag, 5.33% Cu