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Authorized under Gold billion coin act of 1985. It comes in 1oz,1/2oz and two more variations with face value of 5 dollars for 1/4oz and $25 for 1oz and $10 for 1/2oz. They first entered 1986. This coin with gold got additional alloy of silver and copper and the coin is of 22karat. But purchasing what's currently popular isn't usually the most profitable move. The big winners in the long run are more probable to be stocks which usually are unpopular at the moment but happen to represent ownership