The monetary worth of a specific United States gold coin, issued by the U.S. Mint, is determined by several factors. This particular coin, bearing the American Eagle design and containing a specific weight of gold, has a value subject to market fluctuations and numismatic considerations. As an example, the price of this coin will vary depending on the current spot price of gold, and whether it is a bullion coin or a proof coin.
Understanding the worth of this coin is important for investors, collectors, and those interested in precious metals. The gold content provides an inherent base value, offering a hedge against economic uncertainty. Historical context, mintages, and condition affect its collectibility, potentially raising its price significantly above its gold content. These coins have been a popular investment and collecting choice for a long time.