Weight: 1/10 troy ounce or 3.393 grams
Fineness: .9167 fine gold (22 karat)
Face Value: $5
Mint: United States Mint
Year of Issue: 2023
The 1/10 oz 2023 American Gold Eagle Coin is a popular and highly regarded gold bullion coin minted by the United States Mint. It is part of the iconic American Gold Eagle series, which represents a symbol of American pride and excellence in craftsmanship.
The obverse side of the coin features Augustus Saint-Gaudens’ timeless design of Lady Liberty holding a torch and an olive branch, with the Capitol building in the background. The word “Liberty” is inscribed at the top, and the year of issue is displayed at the bottom.
On the reverse side, the coin showcases Miley Busiek’s depiction of a male bald eagle carrying an olive branch to a nest containing a female eagle and their hatchlings. This design represents the strength, beauty, and importance of American families. The words “United States of America,” “E Pluribus Unum,” “In God We Trust,” the coin’s weight, and its face value of $5 are inscribed.
Crafted from .9167 fine gold (22 karat), the 1/10 oz 2023 American Gold Eagle Coin contains 3.393 grams of pure gold, making it an ideal option for investors seeking smaller fractional denominations of gold. The inclusion of copper (5.33% of the total weight) adds durability and gives the coin its distinctive orange hue.
Investing in the 1/10 oz 2023 American Gold Eagle Coin offers several advantages. Firstly, gold has historically served as a reliable store of value and a hedge against inflation. It is a tangible asset that has been valued for centuries and is recognized worldwide.
The American Gold Eagle Coin is backed by the United States government and carries a face value of $5. While the face value is significantly lower than the intrinsic value of the gold content, it provides a level of assurance and legal tender status.
The coin’s fractional size makes it more affordable and accessible for a broader range of investors. It allows individuals to incrementally accumulate gold over time, diversifying their portfolios and preserving wealth.
Moreover, the 1/10 oz 2023 American Gold Eagle Coin is highly liquid and easily tradable, with a well-established market for buying and selling. Its popularity among collectors and investors ensures its desirability and potential for liquidity.
In summary, the 1/10 oz 2023 American Gold Eagle Coin combines the beauty of its design with the intrinsic value of gold. Investing in this fractional gold coin allows individuals to own a piece of American history and culture while diversifying their investment portfolios with a tangible and globally recognized asset. The coin’s government backing, fractional size, and historical significance make it a sought-after choice for both collectors and investors seeking to add gold to their holdings.