Gold coin American Eagle 1/2 Oz | 2024

The United States Mint - The United States Mint operates 6 coin production facilities in the US. Investment gold, silver and platinum coins are minted at a branch in West Point, New York. The building, built in 1937, also served as an important repository of silver bricks and was also nicknamed the "silver Fort Knox". Shortly after 1980, it was reported that more than $20 billion worth of gold was stored in its vaults. American Eagle - The American Eagle is the official gold investment coin of the United States. It has been minted since 1986 in weights of 1/10 Oz, 1/4 Oz, 1/2 Oz and 1 Oz, exclusively from gold mined in the United States. It is struck from 22 carat gold.

Silver and copper are added to coins for greater wear resistance. For this reason, the coin does not weigh 31.1 grams, but 33.9 grams. Therefore, there is always one troy ounce of gold in each coin, and an admixture of silver and copper is extra. The obverse side of the coin depicts the figure of Liberty walking with flowing hair and a torch in her right hand. The reverse side depicted an eagle swooping down to its nest to an eaglet with young. In 2021, the reverse side of the coin was changed and the new coins feature a bald eagle head. The minted face value of the coin is $50. However, face value has nothing to do with market price. The market price depends exclusively on the price of gold on world markets.