$4,377.75
The American Gold Eagle contains a full troy ounce of pure gold, but weighs more than an ounce — it is 22 karat, alloyed with silver and copper for durability.
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| Total weight | 33.931 g |
|---|---|
| Fineness | .9167 (91.67%) |
| Pure gold content | 31.105 g (1.0000 ozt) |
| Years struck | 1986–present |
| Country | United States |
| Face value | $50 |
This is the specification that confuses people most: the coin weighs 33.931 g, not 31.103 g, because the alloy is added on top of a full ounce of gold rather than mixed into it. So a Gold Eagle and a .9999 fine Maple Leaf hold identical gold, and are worth the same at melt, despite the Eagle being visibly heavier and less pure.
Its melt value is about $4,377.75, based on 1.0000 troy ounces (31.105 g) of pure gold at a spot price of $4,377.60 per troy ounce. That is the metal content only — the coin may be worth considerably more to a collector.
The coin weighs 33.931 g in total and is 91.67% fine (.9167), so it contains 31.105 g of pure gold — 1.0000 troy ounces.
Not exactly. Melt value is the raw metal content at spot. Scrap buyers and refiners typically pay 80–95% of melt to cover refining and margin, while recognised bullion coins and collectable dates usually sell for more than melt, not less. Melt is best treated as the floor under a coin’s price.
Counting a mixed jar? Use the junk silver calculator.