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How to Know That My U.S. 1-oz. Gold Eagle Is Real

In 1986, the U.S. Mint introduced the American Eagle program of bullion coins. Since then, two kinds of gold coin--or "gold eagle"--have been produced: American eagle gold bullion coins for investors, and American eagle gold proof coins for numismatists, both of which are available in a variety of sizes, the largest being the 1-oz. coin. The coins bear on one side a version of Augustus Saint-Gaudens' design of Lady Liberty originally used for the $20 gold piece, and on the other an image of an eagle with a branch in its beak. You should be able to tell whether your 1-oz. gold eagle is real by paying attention to its weight, size, quality and provenance.

Things You'll Need

  • Weighing scale
  • Calipers
  • Jeweler's loupe
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Instructions

    • 1

      Check the weight of your coin on a set of scales. It should weigh slightly more than 1 oz.--1.0909 troy ounces, to be exact. This is because, as well as 1 oz. of pure gold, the coin contains small amounts of other metals to make it more durable. As gold is heavier than most base metals, a counterfeit coin will probably be much lighter than 1 oz.

    • 2

      Measure the diameter of your coin with calipers. This should be 1.287 inches. Any variation will again point to the coin being counterfeit.

    • 3

      Inspect the coin's design under a jeweler's loupe, paying particular attention to details of fabric and hair and the edges of letters. A real gold eagle will hold plenty of crisp detail, whereas a counterfeit will disappoint with slight imperfections and blurry edges. A fake proof coin should be especially obvious, as the real thing is finished with a luster that combines mirrored and frosted elements--the sort of painstaking details that forgers usually omit.

    • 4

      Examine the accompanying documentation. With bullion coins there should be evidence that the coins were bought at some stage from an authorized broker, while proof coins should have a proof of purchase from the U.S. Mint itself, as well as a Certificate of Authenticity and special packaging. If a gold eagle has no accompanying documentation of any kind, then you should be very suspicious.


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