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The American Eagle gold coin was first introduced as a bullion coin by the US Mint in 1986 in response to the growing popularity for national bullion coins.
The gold Eagle coins are available in denominations of 1/10 oz, 1/4 oz, 1/2 oz and 1 oz sizes, with legal face values of $5, $10, $25 and $50 respectively. Following the older tradition for coin production, the gold Eagles are struck with a fineness of 916.7 gold purity (22 carat), similar to the Krugerrand and Sovereign.