Authorised by the Gold Bullion Coin Act of 1985, the American Gold Eagle uses a 22-karat alloy with silver and copper for durability. Like the Krugerrand it weighs 33.93 g gross for one troy ounce of fine gold, and it carries a nominal legal-tender face value far below its metal value.
American Gold Eagle FAQ
How much gold is in a American Gold Eagle?
A American Gold Eagle weighs 33.93 g gross at 0.9167 fineness, so it contains 31.103 g of pure gold.
How is the melt value of a American Gold Eagle calculated?
Multiply the fine gold content of 31.103 g by the current spot price per gram in your currency. The calculator above does this with live prices and multiplies by your quantity.
Will a dealer pay melt value for a American Gold Eagle?
Bullion coins usually trade a few percent above melt when buying and slightly below melt when selling back. Expect 90–98% of melt from a specialist dealer and less from a general pawnbroker.
Is a worn American Gold Eagle worth less?
Wear removes a little metal but the loss is usually under one percent, so heavily circulated coins are still bought near melt. Damaged or mounted coins may be discounted for extra refining work.
Should I sell a American Gold Eagle as scrap?
Only if it has no collector premium. Rare dates, proof issues and original packaging can add well above melt value, so check the date and mintmark before melting.
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