Learn About The $50 Gold Eagle With Gold-Eagle.org

November 16, 2009 – The $50 Gold Eagle that is produced by the US Mint is a beautiful and valuable item for collectors and investors to add to their current holdings. The US Mint first produced the $50 Gold Eagle in 1986, and this was the largest face value for any coin at that time. The US Mint later authorized a one-ounce platinum coin with a $100 face value, but the platinum Eagle is not nearly as widely traded as its gold counterpart.

The $50 Gold Eagle contains one troy ounce of gold, and it is a 22-karat coin. This means that in addition to the gold content of the coin, there is also an alloy of silver, copper, and nickel. This makes the Gold Eagle coins more durable and easier to handle without fear of harming the coin’s visual qualities. The US Mint also produces the Gold Eagle coin in $25, $10, and $5 denominations, but the one-ounce, $50 version has been the most requested of the coins by far. Over 13 million of the $50 Gold Eagle coins have been sold since 1986, and these coins have increased dramatically in value in recent years. The premium for the one-ounce Gold Eagle is between 6-8%, but this premium could rise in the future.

The US Mint recently announced that they will no longer produce the $50 Gold Eagle or the $50 Gold Eagle Proof. There has been no word on when these coins will be produced again, because the US Mint can only produce these coins in a supply sufficient enough to meet consumer demand. Consumer demand for Gold Eagle coins and other physical gold products is very high at the moment, so the United States government will need to locate a few hundred thousand gold blanks before offering the US Mint’s trademark coinage. Contact us directly if you need to buy or sell $50 Gold Eagle coins, because we are a large-volume supplier and we deal directly with the US Mint. 

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Joshua Harris

Senior Staff Writer - Gold-Eagle.org