Buying 1/2 oz American Gold Eagle Coins is a great way to own highly recognized fractional gold bullion coins with a small premium over the world’s fluctuating gold spot price. This half ounce gold coin carries a legal tender face value of $25 USD yet they are traded based on their overall half troy ounce gold weight and precious metal content.
The most popular modern gold bullion coin in overall sales volumes is the 22k American Gold Eagle Coin which also come in 1 oz, 1/4 oz, and 1/10 oz sizes. Authorized by Congress via the Bullion Coin Act of 1985, the Gold American Eagle Coin has been minted by the United States Mint since 1986.
Half ounce Gold Eagle Coins are minted in 22 karat (.9167 fine) gold, according to a standard established over 350 years ago. This makes these 22k gold coins more durable and resistant to scratching and marring. The coin’s weight, gold bullion content, and 22k gold purity are all guaranteed by the Government of the United States of America.
The 1/2 oz American Gold Eagle Coin’s front or obverse features a throwback to the classic $20 Saint Gaudens’ gold coin design. This modern gold bullion coin depicts Lady Liberty who holds a torch and an olive branch with the U.S. Capitol Hill in the bottom left background. The half oz gold coin’s year of strike and the word ‘LIBERTY’ is also engraved on the front of this popular gold coin.
The 1/2 ounce Gold Eagle Coin’s back or reverse design is by Miley Busiek. Struck on the back of all half ounce Gold Eagle coins is a large male eagle clutching an olive branch flying over a nest containing a female and baby eagle. The fine gold weight of the coin, its legal tender face value, IN GOD WE TRUST and UNITED STATES OF AMERICA are all stamped on the backside of the American Gold Eagle coin.