February 8, 2012

US Mint Producing Fractional 2010 Gold Eagles

fractional gold eagleThe United States Mint has reportedly begun production of 2010-dated American Gold Eagle bullion coins in fractional weights. The one ounce version of the coin was first available earlier this year on January 19, 2010.

The fractional Gold Eagles include one-half ounce, one-quarter ounce, and one-tenth ounce sizes. Each coin contains its started weight in 22 karat gold and carries a different legal tender face value.

Each year since 1986, the United States Mint has produced a range of fractional weight gold bullion coins to accommodate different investment levels. In 2009, the release of the fractional Gold Eagles had been delayed until December 3, 2009, as the US Mint dedicated their resources to producing the larger one ounce size coins.

Even though the fractional 2009 Gold Eagles were only available for a few weeks, the US Mint sold 110,000 of the one-half ounce coins, 110,000 of the one-quarter ounce coins, and 270,000 of the one-tenth ounce coins.

A release date for the fractional weight 2010 Gold Eagles has not yet been announced. Like other bullion coin offerings of the United States Mint, the coins will be distributed through their network of authorized purchasers.

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