The American Gold Eagle is an official United States gold coin. Minted and authorized under the Gold bullion act of 1985 this bulllion coin has become one of the worlds most desired gold coins among collectors and precious metals investors alike.

The law states that the bullion coin must be minted from gold that has been mined right here in the United States and these coins are thus guarranteed by the United States Government to contain its gold weight(measured in troy ounces).

Bullion coins are usually worth the content value of gold contained in them, but some gold coins like some rare gold eagles have fetched far above spot due mostly to their numismatic value since America gold eagles contain .916 (or 22 carat/karats).

If you are looking for much higher purity you should try the American buffalo bullion coin which contains .9999 fine gold.