Ounce of Gold
American Gold Eagle is a perfect example of a coin containing one troy ounce
of gold, although the coin itself weighs more than an ounce of gold. This is
because the percentage of gold contained in the coin is 91.67% with the rest
of the coin containing copper and silver to harden the coin for durability while
keeping it a bright yellow color. This type of coinage began in 1986 as it marked
America's return to producing high quality collectible gold coinage with an
official legal tender monetary value and was the first time America made a coin
with an full troy ounce of gold. Following the trend of countries around the
world producing coins with one troy ounce of gold, The United States wanted
to make available to it's people coins that were not only an ounce of gold,
but also coins in different denominations that are a fraction of an ounce of
these coins were meant for investment purposes, but shortly after their release
coin collectors the world over latched onto these coins with the famous design.
They are modeled after the coveted St. Gaudens 20 dollar double eagle made earlier
in the century with slightly less than an ounce of gold. An ounce of gold can
be measured in two ways, a troy ounce of gold which is equivalent to 31.1 grams
of gold or an Avoirdupois ounce of gold which is equivalent to 28.35 grams of
gold. The troy ounce of gold is the standard measuring unit used by governments
and free markets around the world. By using this system of weights and measures
to determine an ounce of gold, the consumer can feel confident that when the
buy an ounce of gold, they are, in fact, getting an ounce of gold. The American
Gold Eagle is just one of many ways a consumer can purchase an ounce of gold.
An ounce of gold can come in the form of official government coinage from countries
around the world as well as private mints that make bullion bars that contain
an ounce of gold as well as bullion rounds that contain an ounce of gold.
time to sell gold or buy gold, Nevada Coin & Jewelry is your one stop shop.
We'll buy any coin or bullion bar that contains an ounce of gold, or any measure
or shape of gold that you wish to sell. Just call or come in to any of the Nevada
Coin & Jewelry locations serving the Las Vegas valley to exercise your right
to buy or sell an ounce of gold today.
30 Years Buying Precious Metals in Las Vegas Valley
The owner of the original Jewelry Exchange, founded in 1984, brings state of the art digital jewelry buying into a new millennium at Nevada Coin & Jewelry. Read more
Blue Diamond Store4150 Blue Diamond Rd. Suite 108
Las Vegas, NV 89139
(Between Target & Kohls
Near the Silverton Casino) (702) 220-4653
Monday - Friday 10:00 am - 6:00 pm
Saturaday 10:00 am - 3:00 pm