With gold at an all-time high and no signs of slowing, this commemorative 1oz gold coin will undoubtedly be a treasured investment piece for years to come.

American gold coins were originally authorized by the Coinage Act of 1792 and served as coins of the realm until 1933. They were removed from circulation by Franklin Roosevelt's controversial executive order which lasted until 1972.

American Eagle gold coins are produced in a 22-karat alloy, called "crown gold," which was originally formulated in 1526 by King Henry VIII. The coins contain 91.67 percent gold with the remaining balance in copper and silver. Each coin is marked by weight, which is the actual amount of gold weight in troy ounces. Coins marked 1-oz contain a full troy ounce of gold content with some additional weight attributable to the silver and copper alloy metals. That means the gross weight of these coins is slightly greater than 1 troy ounce.

The $50 face value of the 1-ounce coin is marked on the reverse side, but that should not be confused with the coin's value or price. The actual value of the coin is based upon its gold content and will fluctuate with the market price of gold in the commodities markets.