Grateful for the Nevada Coin and Jewelry shop, I just adore it. I took some collectable figurines in and they bought them. I came out smelling like a rose. You should’ve been there to see the big smile on my face. I ran all the way home to look for some more. Can’t wait to get back! I can sure use the 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.