Pure Gold Coins Us

A gold coin is a coin that is made mostly or entirely of gold.

Pure gold coins us.

Check the purity of the gold in a coin before buying. Minted by the united states government prior to 1933 these coins offer investors the opportunity to gain exposure to both physical gold as well as coin collecting. Pre 1933 us gold coins. Gold pieces were coins that were produced in small denominations such as 1 dollar 3 dollars and 4 dollars.

Gold coins are struck with a minimum purity level of 999 gold while coins such as the canadian gold maple leaf and australian gold kangaroo are issued with 9999 pure gold. Pre 1933 us minted gold coins were struck in 900 purity and are available today in both graded and raw form with many size options designs and grades to choose from. Most gold coins minted since 1800 are 90 92 gold 22 karat while most of today s gold bullion coins are pure gold such as the britannia canadian maple leaf and american buffalo. 20 dollar double eagle 10 dollar eagle 5 dollar half eagle and 2 50 dollar quarter eagle.

The eagle was another major variety that comes in four denominations. Coins are produced in proof and uncirculated finishes in varying composition ranging from one tenth to one ounce and 22 or 24 karat gold. In 1850 the 20 liberty was first released containing 90 gold and became the largest gold coin to be used as money at the time. In 1848 the independent treasury act of 1848 was introduced placing a strict money standard on business.

Each buffalo coin contains 1 oz of 9999 fine gold with a face value of 50. It is the first and only 9999 purity gold coin ever struck by the us mint. Mint are beautiful pieces of art in precious metal. This purity can range from 0 916 91 67 pure gold also called 22 karat gold to 0 9999 99 99 pure gold also dubbed the four niner purity.

The gold buffalo coin is also minted by the us mint. Most gold bullion coins have a face value issued by a central bank with that nation s fiat currency such as the us dollar for the american gold eagle or the pound sterling for the british gold britannia. The american government required only gold or silver coins as a means of currency.