The American Eagle product is a legal tender which offers investors the potential for numismatic appreciation over time, in addition to an investment in the precious metal itself. This silver coin is made from 1 troy ounce of 999.0 gold and minted by US Mint. This legal tender is guaranteed by a government rather than refinery which made them universally recognized and easy to resell. The 999.0 purity is equivalent to 24 carats. This coin is therefore very popular for the investment market.