The Gold Eagle Coin

Gold Eagle coins are a type of coin made by thevalue is much higher; therefore, they are not
United States Mint which uses the eagle as itscirculated quite as much. The content of purity
base-unit of denomination. They are available in 1and weight of the gold eagle coins was different
oz, 1/2 oz, 1/4 oz and 1/10 oz gold. The fourwhen the coins were first issued.
denomination units that were used are the cent,The eagles consisted of 270 troy grains of gold
dime, dollar and the eagle in a system where thewith 135 troy grains going in the half eagles and
eagle represented ten dollars, ten dimes made a67 ½ troy grains in the quarter eagles with
dollar and ten cents made up a dime. These coinsthe weight being 1 part alloy to 11 parts gold for a
were widely circulated until they were taken outtotal purity of 22 karats. Changes were made to
of circulation in 1933. Although many peoplethe ratio of silver to gold in 1834. Instead of 15:1 it
mistake them for the American Eagle coins, therebecame 16:1while also changing the weight of the
are a different collection of coins. The Americancoins. The weight became 258 troy grains for the
Eagle coin is a gold bullion coin that's been usedeagle instead of the original 270 with the same
since 1987 unlike the Gold Eagle coins thatproportional changes being made to the other
stopped after 1933.coins. These changes stayed in place until 1933
Different Productions of Gold Eagle Coinswhen the coins stopped being circulated.
Different years represented different types ofCollectible Gold Eagle Coins
coins that were produced. The United States MineThere are numerous collectible gold eagle coins
issued:available from coin dealers, coin auctions or online
- Quarter eagles from 1796 to 1929 (diameter 17antique and coin stores. One example is the old
mm)$10 gold Indian eagle coin. The front of this coin
- Half eagles from 1795 to 1929 (21 mm)displays an Indian head with the date on the
- Double eagles from 1850 to 1933 (34 mm)bottom and 13 stars on top. The reverse of this
- Eagles from 1795 to 1933 (27 mm)coin has an eagle with IN GOD WE TRUST on the
In 1984, West Point began issuing eagles with theleft and E PLURIBUS UNUM on the right; UNITED
same size, weight and composition that were onSTATES OF AMERICA on the top and the
the coins prior to 1933. These were minted asdenomination TEN DOLLARS on the bottom. This
commemorative coins to go the general public.coin, from the early 1900s is just one of many
Although they are considered as legal tender justexcellent gold eagle coins that can be collected
like the American Eagle gold bullion coins, theirand saved.