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The American Gold Eagle coin is the official bullion gold currency of the United States and was originally issued in 1986 by the US Mint following authorization under the Gold Bullion Coin Act of 1985. Because of its magnificent appearance and immaculate craftsmanship, the 1 oz. American Gold Eagle Coin has been a highly sought-after option among collectors. American Eagle gold bullion coins are made entirely of legal gold mined in the United States. The 1 oz American Gold Coin's face value is $50, but the gold value is substantially more. These gold coins have a purity of 91.67 percent, or 22k, and are alloyed with silver and copper, making them more wear-resistant coinage. Although these Eagle Coins are composed of 22k gold, they contain 1 troy oz of pure gold because the coin weighs approximately 1.0909 troy oz in total, resulting in 1 troy oz of pure gold content. The 1 oz gold American Eagle coin, which is 1.287 inches (32.7mm) in diameter, weighs 1.0909 Troy oz (33.93 grams)
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