Americans interested in purchasing gold coins do not need to look outside the borders of the country. The U.S. Mint produces several gold coins that are both attractive and valuable. Recent headlines illustrate the popularity of these coins. By the first week in May, the Mint sold 62,000 ounces of gold coins. Whether people buy gold coins for collection purposes or as economic protection, they are acting now.
Gold First Spouse coins feature a portrait of a first spouse on the obverse and a unique reverse design containing an image that symbolizes the woman’s life and work. These half-ounce $10 coins are made from 0.999 fine gold. The coins are released in the order that the female served as first spouse, with Eliza Johnson, Julia Grant, Lucy Hayes, and Lucretia Garfield coins issued in 2011.
The American Buffalo 24-karat bullion coin features images created by James Earle Fraser, a well-known American sculptor. This is the first 24-karat 0.9999 fine gold coin struck by the U.S. Mint. The $50 coin offers an investment in 24-karat gold in legal tender coin form. American Buffalo gold proof coins were also issued from 2006 through 2009.
Perhaps most well-known are the American Eagle gold coins. Launched in 1986, these bullion coins have become extremely popular investments. Uncirculated and proof versions of American Eagles are available for collectors. Each proof coin is sealed in a protective plastic capsule, is packaged in a presentation case, and includes a Certificate of Authenticity.
Congress authorizes the Mint to produce commemorative coins as warranted. These are considered legal tender but are not minted for general circulation. The 2011 gold commemorative coins pertain to the Medal of Honor and the U.S. Army. The $5 gold Medal of Honor coin and the $5 gold Service in War U.S. Army coin each feature 90 percent gold composition.