Pure Gold Coins Us

Although most government mints strike gold coins at the 0 999 99 9 purity standard many exceptions are found on the market.

Pure gold coins us. 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. Mint are beautiful pieces of art in precious metal. 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.

It is perhaps the most sought after of any official gold coin produced by national mints. 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. Check the purity of the gold in a coin before buying. Gold pieces were coins that were produced in small denominations such as 1 dollar 3 dollars and 4 dollars.

In 1848 the independent treasury act of 1848 was introduced placing a strict money standard on business. The gold buffalo coin is also minted by the us mint. 20 dollar double eagle 10 dollar eagle 5 dollar half eagle and 2 50 dollar quarter eagle. 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.

It is the first and only 9999 purity gold coin ever struck by the us mint. The eagle was another major variety that comes in four denominations. 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. Coins are produced in proof and uncirculated finishes in varying composition ranging from one tenth to one ounce and 22 or 24 karat gold.

Gold coins produced and sold for collectors gold coins produced by the u s. The american government required only gold or silver coins as a means of currency. 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.