American Eagle 1/2oz Gold Coin 2017

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American Eagle 1/2oz Gold Coin 2017 - Liberty

Weight: 15.55 g
Purity: 917 / 1000
Country: USA
Mint: United States Mint
Packing: Single
Grading: Mint-State; Uncirculated
Tax: Taxfree acc. to §25c UStG
Currently not available
Product Description

The ½ oz Gold American Eagle for 2017 has arrived! The American Eagle is a beautifully designed coin that features the iconic image of “Lady Liberty” on the front of the coin.

First minted in 1986, American Eagle bullion coins are one of the best known and highest quality bullion coins in the world. The ½ American Eagle for 2017 has a purity of .9167 and comes in brilliant uncirculated condition.

Specifications

The 2017 Gold American Eagle is available in three different fractional sizes which include ½ oz, ¼ oz and 1/10 oz. Fractional size coins are popular because they give investors and collectors alternatives to the 1 oz size.

The ½ oz American Eagle is the most popular fractional size in the series. The key dimensions are listed below:

Fine Weight: ½ troy ounce
Gross Weight: 19.96 g
Diameter: 27 mm
Thickness: 2.24 mm
Nominal Value: 25 USD

History

Authorized under the Gold Bullion Coin Act of 1985, the first American Eagle gold coins were brought to market in 1986. The original design of “Lady Liberty” came from artist Augustus Saint-Gaudens. She first appeared on the $20 gold coin that was minted between 1907-1933.

In 1933 the United States made it illegal for its citizens to own Gold, because of the great depression. As a result, citizens were forced to sell gold coins, bullion and gold certificates to the US Treasury. In 1975 Americans were again allowed to freely own and trade gold.

Alloy

The alloy of the American Eagle is made up of 91.67% gold, 5.33% copper and 3% silver. This is a somewhat unique alloy for a gold coin. The copper content gives the American Eagle added durability, while the silver content provides a bright and shiny finish to the coin.

Famous gold coins that have a gold copper alloy include the English Sovereign and the South African Krugerrand. This alloy is also referred to as “crown gold”. 22 karat “crown gold” coins were first introduced by Henry VIII of England in 1526. The 22 karat alloy was used because it made gold circulation coins more resistant to wear and tear.

US Mint

American Eagle Gold coins are produced by the US mint in West point, NY. The US Mint was founded in 1792 and operates six facilities in the US which include: Washington, DC; Philadelphia, PA; Denver CO; San Francisco, CA; West Point, NY and Fort Knox, KY.

Product Details

Manufacturer: United States Mint
Country of origin: United States of America
Karat: 22 K
Gold: 91.67%
Copper: 5.33%
Silver: 3%
Fineness: 916 ⅔ / 1000
Alloy: Copper-Silver-Gold
Weights: ½ oz
Scratch resistance: good