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The American Gold Eagle is the United States Mint's flagship bullion coin, first issued in 1986 and struck in 22-karat gold (91.67% gold, with silver and copper for durability). It comes in four sizes (1 oz, 1/2 oz, 1/4 oz, 1/10 oz) and its obverse carries Augustus Saint-Gaudens' 1907 Liberty design, with a family of eagles on the reverse. It is legal tender with a face value, but that figure is symbolic and far below the metal's worth. Collectors favor it for its recognizability and the 22-karat alloy's resistance to scratches, while investors compare it with the Canadian Gold Maple Leaf (99.99% pure) and the South African Krugerrand.
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Lowest price we've seen: $729.99 on Nov 10 at Amazon. Tracked across 2 stores since Nov 10.
Buyers and collectors consistently praise the coin's craftsmanship, recognizability and resale ease. The most common complaints are the premium paid over spot and the higher cost per ounce of the smaller sizes.
