The 2019 1/10 oz American Gold Eagle coin is backed and guaranteed by the United States government, making them a sound investment for precious metal collectors.
Crafted from a resilient 22-karat gold that resists scratching and marring, the American Gold Eagle 1/10 oz coin is renowned for its beauty as well as its adherence to exacting specifications of weight and purity.
This 1/10 oz gold coin has a face value of $5 USD, but the actual value is based on how much 1/10 of an ounce of gold is worth which is determined by the market. Simply multiply 0.10 by the current spot price of gold and you’ll see 1/10 ounce of gold is worth far more than its face value.
Because of the lower overall weight than other gold bullion coins, 1/10 oz Gold Eagles are a great choice for investors looking to buy gold coins that are highly movable. And, like all American Gold Eagle coins, the 1/10 oz size is exempt from 1099B Brokerage reporting requirements and make for a sound addition to any precious metal IRA.
In production since 1986, it didn’t take long for the American Gold Eagle coin to become the best-selling bullion coin worldwide. Popular because of its backing by the US government and liquidity, these coins are also highly sought after for their beauty. Based on designs originally commissioned by President Theodore Roosevelt, the American Gold Eagle was designed to rival the elegance of ancient coins.
The face of the American Gold Eagle features a male American eagle transporting a branch home to his nest where his mate and eaglets await him. The back of the coin depicts Lady Liberty. In her right hand, she holds high a torch meant to represent progress, while in her left she carries an olive branch to indicate peace and enlightenment.
American Gold Eagle 1/10 oz coins are sold in 50 coin tubes that are recognizable by their distinctive black tops. Each coin contains exactly one-tenth of an ounce of gold and has an overall weight of .1091 troy ounces.