The $5 eagle is the smallest gold bullion coin issued by the United States in terms of physical size, containing 1/10-ounce of pure gold. As the smallest United States gold coin, they are often purchased as an ?entry-level? bullion piece. In many cases, they become a collector?s first gold coin.
Uncirculated tenth-ounce gold eagles are common, and virtually all are available at prices near spot value. The lone exception is the 1999-W uncirculated piece made from unpolished proof dies. Only 14,500 were struck and now trade at prices many times greater than other regular-issue $5 gold eagles. Other scarcer $5 gold eagles include the burnished issues from 2006, 2007, and 2008, which trade at premiums significantly above melt values.