How much is a Gold Eagle worth?
$4,415.43
melt value of 1 troy oz fine gold
Spot $4,415.43 / troy oz | swissquote | 17:38 UTC
Specification
| Gross weight | 33.931 g |
|---|---|
| Fineness | 916.7 (91.67%) |
| Fine gold content | 31.105 g |
| Fine gold, troy oz | 1 |
| Diameter | 32.7 mm |
| Mint | United States Mint |
| Country | United States |
| Face value | $50 |
| First issued | 1986 |
About this coin
The most traded gold coin in the United States, and the one most people mean when they say "a gold coin". It is 22 carat, alloyed with silver and copper for hardness, which is why it weighs 33.931g while containing exactly one troy ounce of gold. Weighing one on a scale and multiplying by spot overstates it by about 9%.
How this size compares
| Fine gold | 31.103 g |
|---|---|
| In troy ounces | 1 ozt |
| In pennyweights | 20 dwt |
| Equal to | 4.25 gold sovereigns |
| Bars per kilo | 32.15 of these make one kilo of gold |
Questions people ask
- How much is a Gold Eagle worth today?
- Its gold content is worth $4,415.43 at the current spot price of $4,415.43 per troy ounce. That is the melt value - it contains 1 troy ounces of fine gold. A dealer will pay under this figure when buying and charge over it when selling.
- How much does a Gold Eagle weigh?
- 33.931 grams gross at 916.7 fineness, which is 31.105 grams of actual gold. The gross weight is what your scale reads; the fine weight is what it is worth. Multiplying the gross weight by the spot price would overstate this coin by about 9.1%.
- Who makes the Gold Eagle and is it legal tender?
- It is struck by the United States Mint in United States, first issued in 1986. It carries a face value of $50, which is symbolic - the gold in it is worth many times that.
- What premium should I expect to pay over melt on a Gold Eagle?
- Dealers quote a premium over the melt value to cover minting, distribution and margin. It is generally lowest on large bars and highest on small fractional coins, and it widens when demand spikes. Compare the total price against the melt figure above rather than comparing dealers on premium alone.
- How current is this valuation?
- It is calculated live from the spot price, currently $4,415.43 per troy ounce from swissquote, read at 17:38 UTC. Nothing on this page is a cached daily figure.