1/10 Oz American Gold Eagle Coin, Type 1 Design (Dates Our Choice)

Description

1/10 Oz American Gold Eagle Coin, Type 1 Design (Dates Our Choice)

The 1/10 Oz American Gold Eagle Coin is a highly sought-after coin for both collectors and investors, celebrated for its iconic design and smaller, more affordable size. Minted by the United States Mint, this coin has been a staple in the gold bullion market since its introduction in 1986.

The Type 1 design, featuring Augustus Saint-Gaudens’ depiction of Lady Liberty on the obverse and a family of bald eagles on the reverse, remains one of the most recognizable and cherished designs in American numismatics. The design was changed to the Type-2 design in mid-2021.

Coin Highlights:

• Iconic Design: The obverse showcases the timeless image of Lady Liberty, originally created by Augustus Saint-Gaudens. She strides forward with a torch in her right hand and an olive branch in her left, embodying liberty and peace. The reverse, designed by Miley Busiek, depicts a family of bald eagles nesting, symbolizing strength and family values.
• Fractional Size: Weighing 1/10 troy ounce of gold, this coin is an excellent choice for those looking to invest in gold without committing to the higher cost of larger coins. Its smaller size also makes it practical for barter and trade in smaller transactions.
• 22-Karat Gold: Composed of 91.67% gold, 3% silver, and 5.33% copper, the coin has a durable 22-karat composition, ensuring its longevity and resistance to wear.
• Legal Tender: With a face value of $5 USD, the 1/10 Oz American Gold Eagle is legal tender, though its intrinsic value is much higher, determined by the current market price of gold.
• Government Assurance: Each coin’s weight, content, and purity are guaranteed by the United States Mint, providing assurance of authenticity and quality.
• Investment-Grade: The 1/10 Oz American Gold Eagle is IRA-eligible, allowing investors to include these coins in self-directed precious metals IRAs for retirement savings.
• High Liquidity: Recognized worldwide, these coins are highly liquid and can be easily bought and sold in the global market.
• Mint: United States Mint (Philadelphia Mint and West Point Mint locations)
• Denomination: $5.00 USD legal tender face value
• Dates: 1986 – 2021 (Dates Our Choice)
• Quality / Type: Bullion, Uncirculated (BU)
• Purity: 91.67% gold (22 karat), 3% silver, 5.33% copper
• Gold Weight: 1/10 troy ounce (0.1000 ounces of pure gold, 0.1091 ounces gross)
• Diameter: 16.50 mm (0.650 inches)
• Edge: Reeded
• Obverse Design: Lady Liberty by Augustus Saint-Gaudens
• Reverse Design: Nesting Eagles by Miley Busiek (Type 1, pre-2021)

Historical Context:

• First Issued: 1986
• Design Change: Mid-2021 (Type-2 design introduced with a new reverse by Jennie Norris)

Why Invest in 1/10 Oz American Gold Eagle Coins?

Investing in 1/10 Oz American Gold Eagle Coins offers several benefits. Their fractional size allows for more flexibility and affordability, making them accessible to a broader range of investors. These coins are also ideal for those looking to diversify their gold holdings or prepare for potential barter situations. Their iconic design, government backing, and high liquidity ensure that they will remain a valued part of any investment portfolio. Whether you’re a seasoned investor or a beginner, the 1/10 Oz American Gold Eagle Coin is a reliable and recognizable choice that symbolizes the enduring strength and prosperity of the United States.