Buy gold coins from us government

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The gold reserve held by the Department of the Treasury is partially offset by a liability for gold certificates issued to the Federal Reserve Banks at the statutory rate, which Treasury may redeem at any time. Government gold reserve which the Mint uses as the raw material for minting congressionally authorized coins and consists of bars, blanks, unsold coins and condemned coins. The market value of the gold reserves based on the London Gold Fixing as of Septemwas $493.4 billion.ĭeep Storage: That portion of the U.S.Government-owned gold bullion reserve which the Mint secures in sealed vaults that are examined annually by the Treasury Department's Office of the Inspector General and consists primarily of gold bars. Government owned gold reserve at the values stated in 31 USC § 5116-5117 (statutory rate) which is $42.2222 per Fine Troy Ounce of gold. Government Gold ReserveĪll locations - Coins, blanks, miscellaneousīook Value: The Department of the Treasury records U.S. Table may scroll on smaller screens Department of the Treasury This data is moving to where it is available for download in multiple machine-readable formats with complete metadata! To add American Gold Eagle Coins to your existing IRA, former 401(k), or Gold IRA, or make a cash purchase for direct delivery, contact American Bullion toll. Please enable JavaScript to use all features.

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