American Eagle 1/10 oz gold coin offered by Mennica Skarbowa
The American Eagle 1/10 oz is a gold coin with a face value of US$5, made of 24-karat gold with an admixture of silver and copper. It is produced at the United States Mint from bullion sourced locally.
The American Eagle production process involves manually placing raw coins in a press containing special dyes. The coin is stamped repeatedly to achieve the effect of the design rising above the mirror surface. After thorough inspection, the coin is packaged to protect it from damage. It is offered in this impeccable condition by the Mint.
The History of the American Eagle
When American farmers created a new government for their republic, they realized the extraordinary importance of a stable monetary system. Shortly after the ratification of the Constitution, work began in 1792 on the creation of a national mint, which became the first federal building.
With over 200 years of experience, the United States Mint is one of the most prestigious institutions of its kind in the world. In recent years, production has fluctuated between 4 and 10 billion coins per year. These figures include coins entering circulation, as well as investment and collector coins.
The U.S. Mint operates in six cities across the country: its headquarters are in Washington, D.C., its vault is in Fort Knox, and its production facilities are in Philadelphia, West Point, Denver, and San Francisco.
The United States began minting the American Eagle in 1986 as a competitor to bullion coins from other countries, primarily the Canadian Maple Leaf and the South African Krugerrand.
The value of the minted coins was supposed to be closely linked to the value of the raw material used, although a few short series gained collector's recognition. The value of the metal in the coin obviously far exceeds its face value.
The quality of the coin in terms of weight and purity of the metal is guaranteed by the US government. The Mint recommends the American Eagle as an excellent investment, symbolized by this famous coin for over a quarter of a century.
The coin was issued withtwo different reverse designs. Coins are allocated randomly.
FAQ: American Eagle 1/10 oz Gold Coin
1. What is a 1/10 oz American Eagle gold coin?
The American Eagle is the official bullion coin of the United States, minted by the U.S. Mint. The 1/10 ounce gold coin is the smallest denomination in the American Eagle series.
2. What metal is the 1/10 oz American Eagle gold coin made of?
The American Eagle 1/10 oz gold coin is minted from 917 gold (22 carats, i.e., 916.6), with an admixture of silver and copper to increase scratch resistance.
3. What is the weight and diameter of the American Eagle 1/10 oz gold coin?
The coin weighs 1/10 troy ounce (3.11 g) and has a diameter of 16.5 mm.
4. What is depicted on the obverse and reverse sides of the American Eagle 1/10 oz gold coin?
The obverse of the coin features Lady Liberty by Augustus Saint-Gaudens, while the reverse features a flying American eagle designed by Miley Busiek.
5. Is the American Eagle 1/10 ounce gold coin legal tender?
Yes, the American Eagle 1/10 ounce gold coin is legal tender in the United States, with a face value of US$5.
6. Why is it worth investing in a 1/10 oz American Eagle gold coin?
The American Eagle is a globally recognized bullion coin trusted by investors. Its low denomination makes it accessible to a wide range of people, and investing in gold is a safe haven for capital.
7. Are American Eagle 1/10 oz gold coins exempt from VAT?
Yes, American Eagle bullion coins are exempt from VAT within the European Union.
8. How should I store my 1/10 oz American Eagle gold coins?
Coins are best stored in special protective capsules or certified tubes, in a dry and safe place, away from direct sunlight.