Really cool cats over at Nevada Coin and Jewelry. You would’ve thought that I was “Madonna” the way those guys treated me. I was so mesmerized by all of the antiques, they have in there, I believe I was there for two hours, just looking, unbelieveable! When I went in I was so hot, they offered me a cold bottle of water, how cool is that? It felt like home to me. I wanted to get a price for some old jewelry that was passed down by grandma, I was well satisfied. When I left the shop, I was singing “Money, Money, Money.
The largest American Gold Eagle is a perfect example of a coin containing one troy ounce of gold, although the coin itself weighs more than an ounce of gold. This is because the percentage of gold contained in the coin is 91.67% with the rest of the coin containing copper and silver to harden the coin for durability while keeping it a bright yellow color. This type of coinage began in 1986 as it marked America’s return to producing high quality collectible gold coinage with an official legal tender monetary value and was the first time America made a coin with an full troy ounce of gold. Following the trend of countries around the world producing coins with one troy ounce of gold, The United States wanted to make available to it’s people coins that were not only an ounce of gold, but also coins in different denominations that are a fraction of an ounce of gold.